Land In Regulation Near The Beach - ID 1940

Buying Property Abroad In Emerging Markets 23/04/2008
The Association of International Property Professionals’ ‘International Property Market Report’ found that around 30-35% of British money spent on overseas property is spent in emerging markets.  But how is this figure likely to compare now that there is a globally understood downward trend in real estate investment? In this article we look at buying property abroad in emerging markets and try to determine whether it makes fiscal sense or not to go out and buy a home overseas in a non-established marketplace given the current fiscal situation. Clearly it can make sense to invest in property in emerging markets where the numbers add up!  I.e., where there is either short-term demand for real estate units that is surging and creating a situation where you can buy off plan and flip the... more

Bulgarians Took Over 2,5 Billion Eur Loans For One Year 06/06/2008
For a period of one year Bulgarians took 5,213 billion BGN (2,5 billion EUR) new loans. This was announced after data of Bulgarian National Bank (BNB). The growth in loans (residential, mortgage and consumers) for citizens and households by the end of April 2008 is 56%. The mortgage credits are overtaking the consumer ones, and if three years ago their part was 26,5% from the allocated for citizens and households loans, currently is almost 46%. The annual jump of consumer loans by the end of April this year is more than 52%, and those of firms - over 56%. The mortgage credits in Bulgaria by the end of the spring month are slowly increasing - 61%, compared to the 77% growth last year. more