In contrast to the UK the Bulgarian Credit Market continues to grow at a phenomenal rate driven by the vast increase in mortgage loans approved to Bulgarian Property Investors.
The 40 per cent growth rate over the last 6 months has meant better conditions being offered by Bulgarian Banks.
The 40 per cent growth rate over the last 6 months has meant better conditions being offered by Bulgarian Banks.
Typically you would have been offered a 70-85 per cent mortgage and very high rates but now banks are competing vigorously offering 100 per cent mortgages, better and longer payment terms, with some even offering zero per cent tax on early repayments.
Reports suggest the increase in UK investors are the major contributory factors and with more and more people looking to invest in Bulgarian Land and Property, growth is predicted to continue at this rate for the foreseeable future.
The benefits now being offered to prospective new Bulgarian Investors are definitely beneficial but there are predictions that the new favourable conditions with entice a further upsurge in investors which will in turn increase property prices.
Property prices have already started to rise quite significantly over the last few months and will continue to do so.
Reports suggest the increase in UK investors are the major contributory factors and with more and more people looking to invest in Bulgarian Land and Property, growth is predicted to continue at this rate for the foreseeable future.
The benefits now being offered to prospective new Bulgarian Investors are definitely beneficial but there are predictions that the new favourable conditions with entice a further upsurge in investors which will in turn increase property prices.
Property prices have already started to rise quite significantly over the last few months and will continue to do so.
Some leading experts have claimed Bulgaria is definitely the New Spain in terms of Investment Potential and Returns on Investments.
If you require any advice on Bulgarian Mortgages or Bulgarian Property Prices visit us at
www.bis-perth.co.uk
Where you can submit an enquiry form
Or
Alternatively you can contact one of our Customer Service advisors who will answer all of your questions.
Contact: info@bis-perth.co.uk
Or
Telephone: 01738800346
If you require any advice on Bulgarian Mortgages or Bulgarian Property Prices visit us at
www.bis-perth.co.uk
Where you can submit an enquiry form
Or
Alternatively you can contact one of our Customer Service advisors who will answer all of your questions.
Contact: info@bis-perth.co.uk
Or
Telephone: 01738800346
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