Highest ever interest in buying property in Bulgaria
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The property business in Bulgaria changes its character, it is no longer being ruled by developers, but it is now in the hands of the institutional investors. This creates a new market for certain type of properties.
Bulgaria now attracts more foreign investors than ever before, including international property investment companies. The two main reasons for this are the desire to diversify their property portfolio and the higher profit that the Bulgarian market offers compared to other already established European markets.
Some of the leading Bulgarian property developers and Real Estate companies are about to present their new investment projects at one of the biggest British Homes Overseas exhibitions, which will take place in Earls Court, London between 23-25 September 2005. Best Bulgarian Estates Ltd.-Sofia, Bulgaria will also attend the event, exhibiting mainly Holiday and City homes.
The vacation properties are still in the leading position among the properties as an investment and they are of a high interest for the private sector buyers as well.
For them this is a perfect opportunity for a buy to let purpose or a further resale at a high profit.
The demand for Holiday Homes, especially during the summer season is very high followed by the forecasts for a further increase in tourists visiting Bulgaria.
Best Bulgarian Estates Ltd. following the trends is in a leading position offering lowest prices and high quality vacation properties. Complexes like Palm Court, Sunny Week, Heaven Hills and Black Sea Pearl are some of the best offers in the Sunny Beach resort at the moment, with prices starting at only EUR 500 per sq.m. These prices are the lowest to be found in the area. All vacation complexes have their own swimming pools, fitness facilities, saunas, restaurants, bars, green areas, secured parking and all year round maintenance and management.
For the bigger investors Best Bulgarian Estates Ltd. can offer plots of land suitable for developing of vacation complexes or private villas and houses.
The trade expert’s prospects are that this type of property prices will shoot up several times in the next few years, which makes them extremely attractive for the potential investors. |
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| 21.09.2005 |
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