Tuesday, September 16, 2008

The wide choice of bulgarian properties

Growth in construction in Bulgaria which have been observed in recent years, increased prices, quality and especially the choice of housing, office and commercial areas - both for purchase and rental. 10-15 years before the properties being offered in the market were almost Uniform, in many cases the panel, a residential properties were gray and had no fine appearance. Nowadays they are the most diverse as architecture, external appearance.

 If you are a wealthy, feel free to buy housing on the top floor, which is usually apartment with one-bedroom, offering incredible views to the town and mountains or sea. Increase and practice many of the luxury housing market to offer fully furnished, and not what it is, with a design review furniture.

If you look at the numerous sites and magazines, you will see that some of the homes to which is attached photo available atmosphere. Really incredible, everything that goes with growth, and stable price of housing. Cities in which size exceeds 1000 m euro are no longer only Sofia and Varna.

According to data from NSI in almost all district towns in the country residential properties offered for sale are priced above the 1000 Euro, while in the capital and in some other cities reach that exceed 2000 euro per square m. The price for the office areas or commercial areas in the newly malls also continually go up.

 With so many offers and proposals of any person is not easy to make your choice. Therefore, more and more common practice is client to buy or lease housing, office or other premises to contact the agency. And here for a large part of the clients comes the big surprise. All of them is clear that service the agency is paid, but hardly all expect that this is half the rent on a home or office, or percentage of the price of the property you buy.
Posted by The Bulgarian Guy at 09:25:05 | Permanent Link | Comments (0) |

Tuesday, August 19, 2008

Bulgaria is among the countries in which it will be best to invest in properties


15.08.2008

Bulgaria has 200 000 millionaires, most of whom live in Sofia.

This Journal reported "24 hours", referring to a publication in the British site "Home overseas".

In the British edition indicating what are 7 - member, which is best to invest in properties. "Home overseas" quoting a report of the investment company Aston Lloyd.

The number of millionaires is used as the main argument that should persuade buyers to look to target the Bulgarian capital.

The other is that in 2007 the prices of properties in Sofia increased by 35.21%.

Except in registered capital to buy and in Varna, where in villas, apartments, shops and yacht ports were invested 30 million, even wrote "Home overseas".
Posted by The Bulgarian Guy at 10:45:50 | Permanent Link | Comments (0) |

Wednesday, July 09, 2008

97% of investments in commercial centers in Bulgaria are foreign

97% of investments in commercial centers in the country are foreign
09.07.2008 10:35

The share of foreign investment in the investment market for commercial centres in Bulgaria is around 97%. This report shows a consulting company King Sturge.

This proportion is similar in Russia, compared to 90% on average for Central and Eastern Europe (CEE), stated in the report. For Hungary, Romania and Slovakia, it is 100%.

The market in Central and Eastern Europe represented about 20% of the investment market for commercial centers in Europe, which in 2007 was valued at 26.5 billion Euro, stated in the report.

Poland is the fourth largest investment market worth 1.6 billion euros in 2007 on Before it is only Britain, Germany and Italy.

Segment of commercial properties in our country is developing very dynamically in recent years.

In Sofia and in major cities were already opened the first modern type of schemes carried out mainly by foreign investors. Some, albeit few, of these first projects were implemented by the bulgarian investors, but then were sold to foreign players. Such is the case with the Sofia City Center, which was acquired by the investment fund Equest Balkan Properties, and the Central Mall in Veliko Tarnovo, purchased by the fund European Convergence Property Company (ECPC).

From ECPC, in turn, announced the intention to sell the mall in Turnovo, and later by Equest also announced plans for the sale of that in Sofia.

Currently in all bigger cities have announced several projects to build modern commercial centers of Sofia as they are over 15 and for nearly 10 Varna. Almost all of them will be realized by foreign investors.

With an estimate of the consulting company Colliers this year to the availability of market is expected to be added 100 000 kv. m commercial areas, including the first moles in Burgas and Stara Zagora. For 2009 Only in Sofia are expected to be finished shopping centres with an area 154 thousand sq.m.
Posted by The Bulgarian Guy at 12:23:04 | Permanent Link | Comments (0) |

Sunday, March 30, 2008

Nine countries in Shengen space

Nine countries from ЕС raise their barrier for the Shengen space. From this evening in midnight the Shengen space will widen with nine countries which entered in EU in 2004 year , with removal of customs control onthe airports , said the spanish Agency EFE. From sunday in 00.00 h Estonia, Latvia, Litva, Poland , Hungary Chech republic, Slovakia,Slovenia and Malta join the european zone for free transport zone.Overland and sea border control for citizens from these countries was removed  through December last year. The removal of the customs point in the airports are one new unique historical achievement. The 24 european countries now don't have borders said the eurocommisair responcible for  transport and substitute - president of European commission Jack Baro.
Posted by The Bulgarian Guy at 00:47:51 | Permanent Link | Comments (0) |

Bulgaria's Budget for 2008

Friday, 02.11.2007

The Associated Press


Bulgarian government presented a draft 2008 state budget Wednesday, projecting a record plus of 3 % of gross domestic product and economic growth of 6.4 % of GDP.

The draft budget also foresees annual inflation of 6.9 percent next year — up from 4.4 percent forecast for this year. The current account deficit is set to reach 21.1 percent, compared with 11.8 percent in 2007.

In 2007, growth is expected to reach 5.8 percent of GDP; and the budget surplus is expected to be 0.8 %.

Finance Minister Plamen Oresharsyi said the budget surplus target "is a measure to guarantee the sustainability of the lev backing and the stability of the exchange rate."

Bulgaria's currency, the lev, is pegged at a fixed rate to the euro under a currency board arrangement introduced in 1997. The board imposed strict financial rules aimed at restoring fiscal discipline, preventing deficit spending and controlling inflation.

Bulgaria, which joined the EU on Jan. 1, has said it wants to start using the euro by 2010.

The 2008 draft budget allocates 4.2 percent of GDP to education and health care, 2.1 percent to defense and 2.4 percent to public works.

Public sector salaries will rise 10 percent beginning next Juny, while pensions will go up 9.5%.

In an effort to crack down on Bulgarian property evasion, the government plans to introduce a 10 percent flat tax on personal income in 2008. Currently, the tax rate ranges from 20 to 24 percent.

Last year, Bulgaria lowered its corporate tax by five points to 10 percent.

Lawmakers will begin debating the budget next week and are set to vote on it in mid-December.

Posted by The Bulgarian Guy at 00:16:57 | Permanent Link | Comments (0) |

Tuesday, October 30, 2007

Web design bulgaria

Iweb is webdevelopment company thah brings out the best of flash. We develop your unique flashy looking site and combine the best and most comprehensive technology. We support your site as long as you need site updates. We are specialists in developing any kind of chats and server and client applications.

Web design bulgaria

Posted by The Bulgarian Guy at 15:41:22 | Permanent Link | Comments (0) |

Friday, June 22, 2007

Southeast European Countries and Bulgaria Discuss Energy Issues

Bulgarian President Georgi Purvanov will take part in a regional energy conference in Zagreb on June 24.

Representatives of Southeast European countries will meet to discuss the energy stability of the region.

Croatian president Stjepan Mesic organised the event. The presidents of Albania, Bosnia and Herzegovina, Montenegro, Macedonia, Romania, Serbia, Russia and Slovenia are also expected to take part in it.

Presidents will look into the energy provision problems that the region is experiencing, conditions for supply and finding a balance between electricity production and environment preservation.

Source: Sofia Echo News Agency 

Posted by The Bulgarian Guy at 12:34:26 | Permanent Link | Comments (0) |