Good news again for Bulgarian Property Investors as the Bulgarian property market was the worlds strongest in 2007, with an estimated turnover of 11.36 billion it has exceeded all expectations and has seen an increase of over 2.36 billion Euros over 2006 figures.
It is predicted that the Bulgarian Construction Boom will continue to grow at 12% - 16% year on year until 2010.
We have seen prices rise dramatically over the last few months and this is set to continue due to the good mortgage market, high revenue of properties and the weak impact of the global credit crunch on Bulgaria.
Britain and Russia played an important part in maintaining these excellent market conditions with high investment in Bulgaria.
UK investors accounted for 40% of all Bulgarian Investments in 2007 and Russia accounted for another 38% of all investments in the Bulgarian Market.
As predicted previous property investors in the Bulgarian Property market will indeed benefit from these conditions but on the other hand those looking to invest in the future will pay slightly higher prices for Bulgarian Property, but all and all, the outlook is very favourable as prices still remain the cheapest in Europe.
An additional benefit to property investors in Bulgaria is the reduction to 10% flat rate of tax making Bulgarian one of the most tax efficient countries to relocate or invest in to.
Another benefit for this year is the introduction of more Budget Airlines increasing their flight frequency to Bulgaria which will make travelling to Bulgaria much more cost effective.
Once again the outlook is very positive for the Bulgarian Property Investor.
You can contact us at www.bis-perth.co.uk
Our Services
Beautiful Bulgarian Properties from Bis-Perth
It is predicted that the Bulgarian Construction Boom will continue to grow at 12% - 16% year on year until 2010.
We have seen prices rise dramatically over the last few months and this is set to continue due to the good mortgage market, high revenue of properties and the weak impact of the global credit crunch on Bulgaria.
Britain and Russia played an important part in maintaining these excellent market conditions with high investment in Bulgaria.
UK investors accounted for 40% of all Bulgarian Investments in 2007 and Russia accounted for another 38% of all investments in the Bulgarian Market.
As predicted previous property investors in the Bulgarian Property market will indeed benefit from these conditions but on the other hand those looking to invest in the future will pay slightly higher prices for Bulgarian Property, but all and all, the outlook is very favourable as prices still remain the cheapest in Europe.
An additional benefit to property investors in Bulgaria is the reduction to 10% flat rate of tax making Bulgarian one of the most tax efficient countries to relocate or invest in to.
Another benefit for this year is the introduction of more Budget Airlines increasing their flight frequency to Bulgaria which will make travelling to Bulgaria much more cost effective.
Once again the outlook is very positive for the Bulgarian Property Investor.
You can contact us at www.bis-perth.co.uk
Our Services
Beautiful Bulgarian Properties from Bis-Perth
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