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Bulgaria, Burgas 39, Kirill & Metodiy Str. Phones: +359 888 842 452 - English and Ðóññêèé +359 896 808 393 - Ðóññêèé +359 898 616 419 - Deutsch sprechen English speaking Israil, 0523514356 - Russian and עברית Hebrew E-mail: bulgproperty@abv.bg info@bulgproperty.com rotondabuild@abv.bg lowest agricultural land value in the world, Agricultural land, farming land, large plots of farmland for sale burgas, karnobat, Marinka, commercial property for sale in bansko, Property in Sandanski, business for sale in dupnitsa, Bulgaria, Property in Bourgas, estate agents in bourgas, houses for sale in Bulgaria, Sapareva banya, Sapareva bania, agence de location appartement sandanski, Property near Plovdiv, Rodzaj nieruchomosci Domy i rezydencyje, Bu?garia, lakes for sale, bulgaria, Bulgarian real estates, Real estate in Bulgaria, Real estates in Bulgaria, cheap apartments in for sale, Bulgarian property, Rodzaj nieruchomosci Apartamenty w osrodkach turystycznych, Bulgarian property for sale, properties for sale in Bulgarian Black sea coast, Buying property in south west bulgaria, Bulgarian real estate, Bulgarian real estates, Real estate in Bulgaria, Real estates in Bulgaria overseas, villas, houses, cottages, rural house, rural villa, rural cottage, h?user in budjaka sozopol, golfplatz burgas, hot properties, country houses, dream holiday house, properties in Varna, properties in Kavarna, properties in Balchik, properties in Byala, properties in Nessebar, properties in Sunny beach, properties in Obzor, properties near Bourgas, apartments for sale, apartment in Bulgarian black sea coast with sea view, flats near the sea, flat for sale, new building, land, plots of land, land for new developments, properties in Varna, apartments for sale in Varna, Real estate in Bulgaria for all, propertis in bulgaria, makler Bulgarian real estates, Real estate in Bulgaria, Real estates in Bulgaria,Bulgarian property, Bulgarian property for sale, properties for sale in Bulgarian Black sea coast, Buying property in Bulgaria, Bulgarian real estate, Bulgarian real estates, Real estate in Bulgaria, Real estates in Bulgaria overseas, villas, houses, cottages, rural house, rural villa, rural cottage, hot properties, hot property, country houses,dream holiday house, properties in Varna, properties in Kavarna, properties in Balchik, properties in Byala, properties in Nessebar, properties in Sunny beach, properties in Obzor, properties near Bourgas, apartments for sale, apartment in Bulgarian black sea coast with sea view, flats near the sea, flat for sale, new building, land, plots of land, land for new developments, properties in Varna, apartments for sale in Varna, Real estate in Bulgaria for all, propertis in bulgaria, land for sale bulgaria Bulgarian properties, Property in bulgaria, Property Bulgary, Nekilnojamas Turtas Bulgarijoj Bulgarijoje, Ejendom Bulgarien, propri?t? en Bulgarie, Immobilien Bulgarien, Propriet? 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Contrary to recent rumours that the Bulgarian real estate market is not so attractive to foreign investors any more, Andrew Regan, a Scottish online freelance author, comments that the Bulgarian property boom shows no signs of abating. front line land for sale mandra lake, land for sale on or near kabland golf in bulgaria, buy land airport, cost of renovation in bulgaria, Properties for sale in Burgas old town, house for sale in bulgaria, school property for sale bulgaria, school buildings for sale, bulgaria sunny beach renovations, lakes for sale in bulgaria, studio for sale in nessebar, cheap land for sale in Bulgaria, transactions for buying in Bulgaria, industrial land plot kyustendil bulgaria, apartment blocks for sale, land for sale bulgaria, land near lake bulgaria, Land zu verkaufen, black sea yacht broker, real estates agency sandanski, Is bata village a good investment area to buy a house in bulgaria, bulgarian houses for sale at cheap cost, property for sale with lake in bulgaria, villas in bulgaria for sale, land by the lake in burgas, cost of building work in bulgaria, nekilnojamo turto agenturos, cheap apartments for sale in Ravda, cheap bulgaria property for sale, developing construction and investment companies Bulgaria, immo sandanski, country with cheapest agricultural land, golfplatze in burgas, building plots bourgas, south west bulgaria, immobilien Bulgaria, arable land for sale in bulgaria, bulgaria company registration nessebar, work in hotels in bulgaria english speaking people needed. Investors are particularly interested in Bulgaria, as it is believed that EU money will be spent on improving the country's infrastructure. Bulgaria has seen a great deal of political reform since the Communist era, and the government has shown solid commitment to economic improvements, with GDP growth the highest in Eastern Europe. Economic growth has also caused a vast escalation in land values, which have risen from just 20 euro a square meter to around 350 euro in some areas. The prospect of high profits has lured many individual and business investors from Britain, Ireland and Russia to buy ski and beach chalets, which can be purchased for a fraction of the price of similar properties in more traditional holiday areas such as France, Spain, Austria and Switzerland. The high price of UK properties and the recent rises in interest rates have also led UK investors to widen their search for better real estate deals. Bulgaria continues to excite investors as it is an emerging market that offers property at prices that are unobtainable in other parts of the world. It is still possible to pick up property for as little as 30 000 euros, a sum which would buy little more than a garage in the UK. Agricultural land for sale and rent in bulgaria, Property in bulgaria, Property in bulgaria, Property in bulgaria, Property in bulgaria |
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| PROPERTY FOCUS: Bulgaria's property profitability growing |
The beginning of the holiday market in Bulgaria was about four, five years ago in Sunny Beach and St Vlas on the Black Sea coast. For its development helped the marketing of the biggest and most popular resort in Bulgaria (Sunny Beach) as a destination visited by more than 500 000 tourists annually. The holiday property market, however, has shifted towards other places, as that part of the Black Sea coast saw over-construction and oversaturation of holiday complexes.
Profitability is the main aim of the customers, who offer for sale already-purchased property. A large part from them are experienced investors who are looking for fast profit return. Revenue from resale of properties at the coast is between 15 and 20 per cent, depending on location. At winter resorts, earnings are larger, 60 to 100 per cent for the period of two or three years. What determines the price of the property is demand for properties in the area as well as the financial abilities of foreign investors, who are the main buyers.
In Sunny Beach, a customer is able to choose from 20 holiday complexes that correspond to his or her needs. This oversaturation of the market leads to holding prices for a long-term period. At the southern Black Sea coast, for example, prices have grown just by one per cent for the first three months of the year.
The rise in prices and the increase of profits from rent are to be expected in regions where supply is proportional to demand. At the sea coast, as well as at the mountain resorts, investors’ focus is already shifting towards smaller and medium resorts. The reasons are the high prices of land in popular resorts and the heavy construction density there.
The market at the northern coast still has potential for development. The extensive construction work in mountain resorts continues, but it will stabilise within two years. As competition grows, better construction quality and extras that the resorts offer will lead to increase of prices. Those resorts will attract new investors with greater purchasing power. Such are Russian and Scandinavian buyers. This will gradually turn into a factor for more construction of holiday homes to take place at the Bulgarian Black Sea coast. This, in turn, will lead to increase and stability of prices in regions where there is no over-construction and the place can offer a wide scope of high-quality services.
Sofia echo, 14th May 2007
Bulgarian Real Estate agency Agent BulgProperty - Bourgas Builders in Burgas Bulgaria Property in Sandanski Property for sale in Bulgaria |
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