World Property Crisis Hinders Market Boom In Bulgaria 12/03/2008
The increase in Bulgaria in 2008 will be slower than in 2007 because of the residential property market crises in the US and Europe. The prices in Bulgaria would not drop, but the increase will remain within 10 per cent, experts said as quoted by Pari daily. After years of growth, the prices of real estate in some European markets went down. Spain and Ireland registered a firm decrease in the prices, property became less expensive in the Baltic countries as well, Pari said. UK newspaper Telegraph even wrote about a crash in part of the overheated property markets, similar to the collapse of the mortgage credits in the US. The property market in Bulgaria is among those less affected from the crisis in the US and Europe, real estate agents and economists said. Prices would... more

The Bulgarian Property Market Receiving More Good Press This Week. 19/03/2008
Writing for the Telegraph, Nicola Venning also pointed out that property investors can find surprisingly good deals in Spain, where Europe's most southerly ski resort can be found in the Sierra Nevada. The idea of buying a ski property in Spain may seem incongruous and many investors will understandably stick to more recognised property investment locations including the Costa del Sol and Murcia. Nonetheless, there has been a distinct shift of emphasis in recent years that has seen more people looking for niche properties in line with popular demand. While Spanish coastal resorts remain popular and UK residents have certainly not abandoned more orthodox projects in France, it is clear there is also a growing market for the slightly less predictable option. It is this impulse... more

More Brits Looking To Overseas Property Investment 19/03/2008
Greater numbers of UK property investors are looking overseas for promising opportunities, according to one expert. Inlight of the recent changes in house price inflation reported from anumber of quarters, Britons are increasingly considering property investment in both foreign emerging markets and "hotspots", Mark Bodega of foreign exchange specialist HiFX stated. Headvised those looking at overseas investments to carry out thoroughresearch and practice due diligence before buying a property. "Wealways [recommend] that if people are investing, they seek independentadvice; don't use the solicitor or legal people that are recommended toyou by the developer," Mr Bodega went on to comment. In related news that may be of interest to foreign property investors,research carried out... more