Plot of land for sale near Pomorie - ID 3961

Property Investment In Europe To Fall By 25 Per Cent In 2008 15/03/2008
Direct commercial real estate investment activity totalled 244.1 billion euro across Europe in 2007, four per cent lower than 2006, and 25 per cent higher than 2008’s expected volume, according to Jones Lang LaSalle’s recent report. Whilst in continental Europe volumes remained strong, increasing seven per cent year-on-year to 173 billion euro, the UK was hit more than other countries and volumes slipped by over 22 per cent year-on-year to 71 billion euro in 2007. “Capital continues to be attracted to Europe’s real estate markets, but its deployment is being slowed by reduced confidence in the face of pricing correction and weaker returns,” said Tony Horrell, Head of European Capital Markets at Jones Lang LaSalle. Nigel Roberts, Chairman of European Research at Jones Lang LaSalle... more

The Emergence Of The Bulgarian Real Estate Market 19/03/2008
Buy-to-let investing in this country does not look particularly appealing as property prices and mortgage rates are high. So, if you are keen to plough money into a second property for the purpose of letting, you might want to consider a flat in Estonia, Poland or Bulgaria as an alternative. Growth in residential property prices is slowing in most parts of the world because of the rise in interest rates and the tightening of lending criteria. But there are still countries where sterling goes far and value can be found in property. "It's not all bad news for the global market," says Liam Bailey, head of residential research at Knight Frank, the international estate agent. "The Baltics, for example, have seen incredible growth over the last two years. And prices there are still at... more