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Eastern Europe Property » Bulgaria
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Investing in Eastern European Property & Real Estate | www.PropertyandInvesting.com
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World Superstars Boost Sofia Property Prices
Obelisk says Sofia property investments are attracting the attention of Hollywood celebrities and pop icons, prompting the emergence of a new luxury market.
Cheap holidays, cheap skiing, cheap flights, cheap food and drink, and of course cheap property – ?Cheap’ has been the main attraction for British investors buying into Bulgaria.
However, big changes are [...]
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Be aware of the pitfalls buying property in Bulgaria
AN overseas’ property expert has warned that UK investors can make many mistakes when buying a home in Bulgaria.
David Hollands said: ?There can be a few gems to be found, but you have to know what you are doing or have a tried-and-trusted partner with you all the way to the bank.
?It is [...]
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Bulgarian Rural Property Price Increases 2007
Here is what BulgarianProperties? statistics for 2007 compared to 2006 shows for the rural properties around the following regional centres (the figures reflect only the rural properties price increases):
Plovdiv and Stara Zagora:
2007 price increase: 37% ; Average price in 2007*: 14,000 Euros
Elhovo, Yambol and Sliven:
2007 price increase: 26%; Average price in 2007: 13,600 Euros
Varna:
2007 price [...]
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Buyers marvel at ?Boutique Bulgaria?
Bulgaria is quickly becoming a haven of style, culture and opulence……
According to Quest Bulgaria, words associated with Bulgaria such as cheap, bargain and low-cost, are slowly being replaced with boutique, luxury and designer.
With developers chasing a wealthier clientele and Bulgarians become richer, a different type of tourist is exploring the treasures of the country.
Chris Goodall, [...]
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Bulgaria Property Market Stays Strong in Jan 08
Named the world’s strongest price riser in 2007, Bulgaria’s property market is successfully keeping up its momentum in the first month of the new year, realtors said.
The capital city of Sofia and the Black Sea town of Varna are recording the most impressive growth with asking price levels in the most expensive districts nearing EUR [...]
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Bulgaria poorest in EU
BRUSSELS (Reuters) – Luxembourg citizens are the richest in the 27-country European Union, over seven times more than the bottom-ranked Bulgarians, data showed, underlining the wealth divide between the bloc’s new and old member states.
Luxembourg’s gross domestic product per capita, expressed in purchasing power standards, was 280 units — two and a half times the [...]
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Real estate prices in Bulgaria?s capital
In their new residential market overview, commercial real estate consultants Colliers Partners Bulgaria said on October 17 that there had been an increase in average asking sales price in some Sofia areas of about 20 per cent in the first half of 2007.
Average selling prices in emerging neighbourhoods in Sofia were approaching 1000 euro [...]
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Bulgaria must double productivity to match EU average by 2040 ? World Bank
Bulgaria, the poorest EU member state, must double productivity if it is to match the average GDP of the 24 other states by 2040, according to a World Bank presentation.
Bulgaria will never match the average GDP per head of the EU 25 if productivity continues to grow by just 2 pct per year, said World [...]
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Industrial Property Yields in Bulgaria Projected Under 10%
Industrial property yields in Bulgaria stood at 10% at the end of July and are expected to fall below this mark with the further development of the sector, a market overview shows.
“Only a few investment transactions have been recorded on the market to date involving relatively small distribution facilities. The yields for these deals are [...]
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Foreigners Buy EUR 817 M of Bulgarian Real Estate in H1
Foreign individuals and companies with foreign shareholders bought real estate worth EUR 817 M in the first six months of the year, Bulgarian National Bank (BNB) data showed on Tuesday.
The figure is a 79% increase over the same period of last year, when foreign buyers paid EUR 457 M for real estate in the country.
Real [...]
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