Everybody's Bulgaria's Blog (9)

A few notes about the Statistical Data used for compiling the Bulgaria Property Index The Bulgaria Property Index is compiled using variety of sources both online and off-line. While it is presumed that an accurate data should be available at the National S… Continue

The number of people that want to buy a property in Bulgaria is increasing and they look for relevant information of how to purchase in Bulgaria. You will be surprised how many guides and expert opinions you will see when browsing through internet. Some tips of how to buy in Bulgaria: •If you purchase property with land - ALWAYS BEAR IN MIND THAT YOU NEED TO SET UP A LIMITED COMPANY (Limited Liability Company). This is a simple process and every solicitor… Continue

Amanda Lamb from 'Place in the Sun' wrote a great article with tips of how to buy property abroad. click here to check it out. Continue

A great deal of attention has been paid to properties for sale in Bulgaria in the major urban areas in that country. In addition, the growth of property investment in Bulgaria in resort communities -- particularly in the mountainous regions of the country and around the Black Sea -- has been phenomenal in the past few years. However, when it comes to property investment in Bulgaria in some of the more rural areas of the country, people have been a bit slower on the uptake, perhaps a bit reluctan… Continue

the source of this information is Knight Frank Continue

People who want to enjoy reduced living costs could find Bulgaria a suitable place to live, new research has revealed. According to Teletext Holidays, the cost of food and drink in places such as Sofia is much less than in many other European countries. For example, a pint of beer in Bulgaria was said to cost an average of 49p, compared with £1.56 in Spain. In addition, the study found that a three-course meal in Spain costs £17.50, which is more than the double the amount it would cost in Bu… Continue

Since joining the European Union, Bulgaria has continued to prove a worthwhile investment, prices raised an average of 9% over the first three months of the year and demand for property all over the country is still high say Principal International. With virtually 30% of all property sales going to foreign nationals, investor’s interest continues to grow as it still offers a cheaper alternative than other parts of Europe says Principal International. With a sharp rise in levels of tourism throug… Continue

Overseas property is becoming a popular investment choice these days. Many people in wealthy nations are purchasing properties in other nations to use as retirement homes, holiday homes or as an investment. Most countries welcome the invasion of foreign property owners, because it is often beneficial for the local economy, and brings with it foreign currency. However, some countries resent this practice, and even have legislations to prevent foreigners from owning any property. When it comes to… Continue

Key Highlights: * Global house price inflation in Q4 2007 stood at 8.2%, compared to 9.7% in Q4 2006 * Bulgaria tops the index as the country with the greatest annualised price growth (33.7%) * Latvia falls 25 places having recorded negative year on year growth of -7.1%, two paces ahead of Estonia which suffered price falls of 14.5% over 2007. * In the Far East, Singapore with annualised growth of 31.3% and Hong Kong at 22.3% both outperformed the market, as did China which has seen prices in so… Continue