Bulgarian Property Market Booms Again 2007

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

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Reasons to be Cheerful

Well all home owners and second home owners in Bulgaria have a right to be Cheerful as reports in the Financial Times recently indicated that due to High European Investments and High Local Investment, Bulgaria has shown fantastic resilience to the current credit crisis facing other countries such as America and Britain.

Bulgaria is definitely a sound investment which has been proven time and time again due to the amazingly cheap prices of investment property. Bulgarian Property is the least expensive in all Europe. Reports have shown that a Bulgarian property bought in April 2006 for £5,000 {yes that’s how little a property and large plot of land can cost} could now resell for approximately £7500.

Statistics have shown that it is Russia, Romania, Poland and Ukraine that are investing most in Bulgaria recently and have now overtaken the American, British and Irish Investors who were the first to put down roots and invest in this amazing country.

The slight down turn in investors from the UK, Ireland and America is understandable due to their current situation, they are being prudent, but as any sound investor would agree now would be the best time to invest, I know you are probably sick of hearing about how cheap and fantastic Bulgaria is, because every body and their fathers are talking about it, well I rest my case the Majority Rules and facts speak for themselves.

The property prices in Bulgaria have benefited from a 13-18% rise this year alone and yet still remain 20-30% cheaper than any other country in Europe. The financial outlook for Bulgaria’s future is very favourable indeed.

The fact remains that Bulgaria has so much to offer a Property Investor with its outstanding scenery, low cost living, high rental returns, high returns on income invested, fantastic beach and ski resorts and last but not least the Weather!!!

UK Pensions, Winter Fuel Payments and other Social Security Benefits are still paid while living or searching for work in Bulgaria.

More information on this can be found at the Governments Website

Low Cost Investments in Bulgaria

Bulgarian Property Specialists, Bis Perth
Working For Your Future

UK PENSION FEARS

UK PENSION FEARS AGAIN

With the recent performance of the UK pension annuities rates there has never been a better time to invest in low cost investments.

Property has become one of the best ways for people to save for their retirement in the UK. This is understandable as we have seen a large increase in property values over the last ten years.

But have we become complacent? Will property prices continue to grow in the UK?

With reports that the property market is looking set to slow down an alternative must be found to secure retirements.

This is where Bulgaria comes into the equation.
Bulgaria has shown over the last few years to be a very good investment indeed, medium risk with high returns and a lot more property for your money.

In the UK we tend to use the equity in our homes to enhance our prospects of a better retirement but what if as predicted house prices fall, where does that leave those who have relied on UK property value increases?

As the old saying goes “it is not wise to place all our eggs in one basket”

Bulgaria can offer a cheap alternative where you do not need to release vast amounts of equity from your UK property as you can purchase huge plots of Land and Property from £2500 with some of the most amazing views and scenery very similar to areas in UK but without the UK price tag.

Visit www.bis-perth.co.uk for Cheap Investment Land & Properties in Bulgaria.

You can purchase Property Investments for as little as £2500 and with past trends and future predictions looking very positive this would be a wise investment for your future.

Contact info@bis-perth.co.uk
Or
Call 01738800346

Where our Customer Advisory Team can help you find an ideal Property Investment

www.bis-perth.co.uk

Working For Your Future