Prices have been hard hit in the UK; and Bulgarian property has similarly reduced in value, making the country a place where you are likely to pick up a bargain as prices have fallen to the lowest levels in several years.
Reduced price properties south east Bulgaria
Bulgaria property finder now live
A 'Property Finder' for Bulgarian properties for sale with more than 22,000 homes is now live on the Quest Bulgaria website. Offering anything from land, houses to renovate and homes or villas ready to move into, through to apartments suitable for buy to let, and commercial businesses.
Bargain renovation projects
Not much more than a year ago estate agents and property experts in Bulgaria would have said that even though prices were falling, the days of a really cheap bargain in the country, less than 15,000 euros, were over. Were they right?
Bulgarian property: ski and the city
If you want to buy a property so that you can ski all day, spend evenings in the heart of a European capital city and be close to an international airport then Sofia, Bulgaria ticks all the boxes.
Bulgaria property price predictions 2010
Not even those who are meant to be 'in the know' are keen to make any property price predictions for 2010. Forecasting the properrty market in these turbulent times is particularly hard and there are few 'experts' who have done a decent job even in a more normal market.
Bulgarian Property and Financial Snippets
A pleasant surprise for buy-to-let homeowners in the capital of Bulgaria, Sofia. A reported monthly rise in property rentals of up to 5% was announced by the leading real estate agent, Address.
Property downsizing to Bulgaria
After the impact of the global financial crisis, many are wondering how they can reduce their regular bills and live more simply next year. A number are considering downsizing their property, selling up in the UK, and buying a smaller property in Bulgaria, where not only is a home considerably cheaper but the cost of living significantly lower.
Bulgaria Property Prices Become Realistic
Encouraging news is arriving for Bulgarian property. This comes along with data in the UK from more estate agents that house prices are slightly on the move, with the Halifax reporting a sixth successive increase since the massive low during spring. Some Bulgarian banks have already reduced interest rates and the Government has called for a 3% plus reduction in mortgage rates. A few banks are lending up to 80% of the property price - not witnessed since summer last year, although stringent income and property criteria are still applied.
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