![]() | |
![]() | |
![]() |
Real Estate Information |
|
![]() |
Property for Sale in Bulgaria - Emerging Property Markets 1
The latest investment property headline is this: Popular and well trodden markets such as France and Spain are out, Bansko is in. Where? Bansko, Bulgaria. Fast becoming one of Europe's hottest ski resorts and showing no signs of slowing down for beginners, Bansko is where the smart money is being invested. From as little as Ł30,000 you can own a 1 bedroom apartment in the heart of Bulgaria's trendiest ski resort, at the base of the imposing Pirin Mountain range. It sounds impressive but is it just a flash in the pan or a serious investment opportunity promising high rental yields and real capital growth? The skiing is first class, that much is not in doubt. The high peaks offer powder white snow for up to 5 months of the year and the summer season continues for another 2, providing a wonderful holiday home for ski enthusiasts and great returns for buy-to-let investors. Plenty of money has been pumped into facilities and the ski school ensures that beginners and experts alike are catered for. There are plans to double the length of the runs at Bansko over the next 10 years so whilst this is a relatively new ski resort; it is certainly a progressive and well maintained one. A very old town full of character, situated just 150km south of Sofia, Bansko is about 2 hours from the nearest Bulgarian airport. It lies at the base of Vihren, the highest mountain in the Pirin range at almost 3000m. Bansko is interestingly placed geographically, close to the border with Greece and Macedonia and there is the planned Greek-Thessalonic Highway that will connect Bansko to Greece by road. It is said that on a fine day you can see all the way to the Aegean from the Pirin Mountains. In theory, when you finish skiing in Bansko in April you could drive to Greece for a dip in the Aegean. The cobbled streets of the town itself are clean and well lit. Amongst the obligatory 'aprčs ski' styled bars and night-clubs are the mehanas, underground taverns offering local cuisine and live music. Currently the town is representative of a building site with scaffolding and cement mixers a plenty. Looking beyond the production equipment, one can quite quickly see that the ends will justify the means. Bansko has clearly been the subject of considerable investment into an improved infrastructure. Certainly more so than competing, better known towns such as Borovets or Pamporovo. Non-skiers are catered for with beautiful walks, historic Roman ruins, volcanic mineral spring water public baths, equestrian activities and plans for at least one 18 hole golf course. The environment itself is protected by UNESCO and is Bulgaria's largest national park, ensuring that overdevelopment should not rear its ugly head, or at least, limit it's impact. So what do you really need to know? There have been a few negative stories floating around in the press and on TV, but as with all things most of these issues could have been easily curtailed with a little good advice and lots of homework. It is important to remember that you are dealing with an emerging market; by it's very nature not as predictable as the currently stagnating Costa-del-everyman. Having said this it seems that these warning signs pertain to properties on the Black Sea Coast rather than ski resorts. The ski season in Bansko is considerably longer than the coastal season and the mayor of Bansko is attempting to restrict Bansko to just 8000 beds, ensuring that the region does not become overdeveloped and saturated. Regardless of what you chose to do, it is very important to seek independent legal advice. No matter how seductive the sales patter, you need to know that planning permission has been granted, the land title ratified, and that there is no outstanding mortgage on the land and so on. Always be wary of developers who want you to agree to a different price on the notary deed. This can adversely affect your capital gains tax when you come to sell. Always enquire about added costs such as maintenance charges you might be expected to pay above and beyond the purchase price and be aware that not all agents provide refundable deposits. So is Bansko a good bet for the future? Yes. A long ski season is great for buy-to-let investors and it is already a proven, popular destination for skiers. Lots of money is being spent on improving infrastructures and facilities and with accession into the EU for Bulgaria in 2007, significant capital growth can be expected. One of the most important factors will be access, and with several budget airlines currently looking to add Bulgaria to their list of destinations - Bansko should enjoy a huge increase in demand. If you're reading this then you're already using the internet to research Bulgarian property investment issues. Another great way to figure out what's going on is to seek the opinions of those who have already bought: Check out www.talkbasko.com Emerging property markets are exciting and potentially very profitable. Just go in with your eyes open and armed with as much independent information as you can. James Wittering is the marketing manager for Exclusive Properties International who help their clients to build investment property portfolios from all corners of the globe. They also have property for sale in Bulgaria.
MORE RESOURCES: Tyler Ross pleads guilty to falsifying mortgage documents Crain's Detroit Business Erie County real estate transactions Buffalo News Forget RI's mansions, take a look at RI's least-expensive home for sale with Mark Patinkin The Providence Journal Properties Trump May Lose Control of in New York Fraud Case The New York Times New York judge's Mar-a-Lago value rattles Palm Beach luxury real estate market South Florida Sun Sentinel Real Estate Investing: How You Can Profit Now Yahoo Finance Hawaii Real Estate Sales: Aug. 14 – Aug. 18, 2023 Honolulu Star-Advertiser The 35 Go-To L.A. Real Estate Brokers for Beyoncé, J. Lo and Other Hollywood Heavyweights Hollywood Reporter Real Estate Executive Pleads Guilty to Multi-Year Conspiracy to ... Department of Justice When Artificial Intelligence meets “Real” Estate | Real Estate ... Santa Fe New Mexican Berks County real estate transactions for Oct. 1 Reading Eagle Restaurant Real Estate: October 2023 Portland Food Map Real estate stats, driven by data The Valley Reporter Rock Island real estate transactions for Oct. 1, 2023 Quad-City Times Real Estate Investing: How You Can Profit Now Kiplinger's Personal Finance China Evergrande Suspends Trading as New Trouble Roils ... The New York Times How to Increase Cash From Real Estate: Millionaire Investor Business Insider The FACES of Real Estate Stuart Magazine RNR Real Estate Briefs – Texas & more Realty News Report News from SFAR: Market perspectives from SFAR | Real Estate ... Santa Fe New Mexican Real Estate Sales Include Dunkirk Building, Ellery Campground Jamestown Post Journal Out and about: Predictably 80/20 | Real Estate | santafenewmexican ... Santa Fe New Mexican The Office Real Estate Depression The Motley Fool South Shore, Mass., real estate sales for Aug. 28-Sept. 1, 2023 The Patriot Ledger 4 Ways To Shift Your Real Estate Marketing in Autumn RisMedia.com Q&A: Wallingford real estate agent reflects on Meriden upbringing ... Meriden Record-Journal Kleins Exodus Real Estate buys 6 residential properties in Stark ... Massillon Independent ICF Real Estate Colloquium on Affordable Housing | Yale School of ... Yale School of Management Routt County real estate sales eclipse $28.1M from Sept. 22-28 Steamboat Pilot & Today WSU Center for Real Estate releases 2024 Kansas Housing Markets ... Wichita State University Chairman Carper's Opening Statement for Hearing on the GSA's ... US Senate Committee on Environment and Public Works Real Estate Broker Gets House Arrest in Homeless-Shelter Bribery ... The New York Times OT Real Estate Spotlight of the Week: 10 Stone Creek Park The Owensboro Times Rick Ross And Funk Flex Clown DJ Envy Over Real Estate Fraud Allegations Yahoo Entertainment Opinion | Was Trump’s Real Estate Hype Fraud or Just Business as ... The New York Times Initiative highlights overlooked real estate on Atlanta's Southside The Atlanta Journal Constitution Petaluma: See how much real estate prices have changed last week The Santa Rosa Press Democrat Real Estate, Consumer Confidence and More: What to Watch This ... The Wall Street Journal Real estate entrepreneur Jason St. John returns to campus Central Michigan University Japan's Economy Minister Warns of Risk From China's Real-Estate ... The Wall Street Journal REAL ESTATE BRIEFS Las Vegas Review-Journal August 2023's Median Price of Wake County Real Estate decreased ... Wake County Government (.gov) High stakes development in South Philly | Real Estate Newsletter The Philadelphia Inquirer Prime Real Estate Grand Opening Magazine of Santa Clarita Real estate broker in the Poconos accused of theft WNEP Scranton/Wilkes-Barre Attend Minority Enterprise Development Week Events: Business ... Philadelphia Water Department Foster Real Estate Report: Save money and the planet at home Shawnee Mission Post Real Estate Agents Save the Day When Tenants' Rights Violated Kiplinger's Personal Finance $10 Million Gift Establishes Wilbur C. Henderson Real Estate ... Drexel University Hunton Andrews Kurth Supports City of Hope Los Angeles Real ... Hunton Andrews Kurth LLP |
![]() |
![]() |
![]() |
RELATED ARTICLES
Should You Sell Your Home Yourself? Are you thinking about selling your home? Would you like to sell it by yourself instead of hiring a real estate agent? If so it would be beneficial to review the pros and cons of selling your home by yourself before hanging out the sign.PROSSelling your home without an agent means More Money. Real Estate Values or Just Bad Habits There are several small businesses that retain hundred year old traditions. Hand-dipped chocolates, fresh flowers and cloth napkins on every table in a restaurant, or mints and roses on a guest's pillow at a B&B. Real Estate Investing - Free Vacations While Searching for Real Estate Acquisitions Real estate investing professionals look for all possible tax deductions because of the generous profits derived from real estate investing.For example, real estate investors are concerned whether the sale of their real estate is subject to capital gains taxation or qualifies as ordinary income. Successful Real Estate Investing One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. Escrow From a California Homeowners Perspective The Escrow ProcessBoth Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer's deposit money to be held by an independent neutral third party (Escrow). Do Open Houses Work? What are the odds that you'll find your dream at a Sunday open house? What is the likelihood that your home will sell at an open house? Open houses are an integral part of the home sale business. But, do they work?There are two types of open houses. High Tension for the Buyer and Seller of Real Estate Can Be Reduced Tensions can run high in both the selling and buying of real estate. After all, there is a lot of money and emotion involved! There are also time pressures and numerous privacy issues to deal with. Victorian. Modern. Colonial. What's Your Architectural Style? You are attracted to a home for more than its number of bedrooms and square footage. Whether consciously or subconsciously, you are drawn to the individual character of a home. OPM - The Art of Leveraging Equity lender, hard money lender, private investor or what ever term one uses can be a great source of funds to do real estate transactions and the question of how to find them comes up often!There are numerous ways to do this, and no two investors are exactly alike, so it's important to be innovative and customize your proposal to the specific "hot buttons" for each funding source.One of the greatest advantages of real estate investing is the power of leveraging other people's money. Investing In Real Estate Investors With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-Cash Returns. A Crash Course On The Payout Options Available To You When Selling A Mortgage Note Okay, let's take a look at the typical payout options:Full Purchase - The investor buys the entire note. This alleviates the seller of the responsibility to collect payments in the future. 3 Top Real Estate Investing Methods for Maximum Wealth Real Estate investing can be used to gain wealth in three major ways -1. Long-term Real Estate investing is most often utilized using appreciation as a planning tool. Residential Income Property Financing: Part 2 of 3 Welcome to the second segment of a three-part series about income property. In this second segment we will be discussing financing options for residential income properties as well as the upside (and downside) of owning this type of property. Buying Overseas Property Fourteen Top Tips for Overseas Property Investment:1. Buy what you want to buy. Find the Right Apartment Quickly and Easily Using an Apartment Locator Service You've probably seen the ads or heard about apartment locators. But what do they really do and why should you choose an apartment locator to help you find an apartment area?One of the biggest reasons to use an apartment locator is the fact that there are hundreds of apartments to choose from. Finding Southern California Real Estate Foreclosure Property Southern california real estate foreclosure:If you want to find southern California real estate foreclose property its best to use services that make it their business to provide listings. At one time finding distressed properties was primarily in the hands of experts that make a full time living purchasing southern California real estate foreclosure property, normally doing some cleanup, repair and restoration and then selling the property for a handsome profit. A Possible Bargain: Foreclosed Properties In the superheated San Francisco Bay Area property market, foreclosed properties are available at as much as 40% below market value, writes Srini Saripalli.The last few months of a calendar year are considered sluggish for transacting real estate, but Silicon Valley seems to be an exception to this. According To Sellers, Silence Isnt Always Golden' When trying to sell a home, silence isn't always golden especially when you're expecting your real estate agent to call. In fact, it's one of the leading complaints among sellers in the real estate market. Real Estate Development Marketing A Specialist Article For Those Interested In Real Estate Development From the desk of Colm Dillon .. If You are Hiring a Neighborhood Specialist to Sell Your Home, there are Some Things You Absolutely My husband and I were eating breakfast at the Good Egg the other morning and couldn't help but over hear a fellow talking to his elderly parents about their home. It was fairly obvious that his father had a hard time hearing and the louder he talked the more I was tuning in to what he was saying. ![]() |
home | site map |
© 2006 TIGER MEDIA |