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Q: Investment Property in Bulgaria ( No Answer,   1 Comment )
Question  
Subject: Investment Property in Bulgaria
Category: Business and Money
Asked by: trtrdr-ga
List Price: $80.00
Posted: 31 Jul 2005 07:30 PDT
Expires: 30 Aug 2005 07:30 PDT
Question ID: 550015
I am looking to purchase property (or land) in Bulgaria on an investment basis.

The 2 most important considerations are:
A geographical comparison between the capital city, the ski resorts
and the coast (and any other notable areas) as to an opinion on the
areas with the best potential percentage returns over the next 2/3
years.
A comparative judgement on the potential returns and resaleability of
different types of properties e.g appartments, houses, off plan
developments, land and all variations and permutations thereof. (For
example buying land with the intention of obtaining planning
permission, to then resell).

Also, comments on the following;
The raising of finance.
Is it easy to purchase off plan? How much deposit is required? How are
the payments structured?
The procedure and documentation required for arranging a corporate
structure to hold property (necessary for non residents)
Recommended contacts, such as reputable estate agents and lawyers.
Political/economic considerations which could affect prices (e.g joining the E.U.)
What are the risks, problems, downfalls,negative aspects?

Many thanks

Richard
Answer  
There is no answer at this time.

Comments  
Subject: Re: Investment Property in Bulgaria
From: triumphbg-ga on 28 Oct 2005 06:30 PDT
 
Richard

I'm not sure where you have looked thus far, but you may want to view
the off plan property offered by Triumph Holiday Village. The property
is located right on the Black Sea coast (150 meters away), and is
between the beach and the wooded Stara Planina Mountain. St Vlas &
Sunny Beach are only a few minutes drive away and there is a new
marina also very close. The web site address is
http://www.triumph-bg.com/index.htm

You can view the location of the property on this map of Bulgaria &
Black Sea regions (http://www.bulgariaproperty-bulgaria.com/map_of_bulgaria.htm)

I believe the furnished apartments and townhomes start at around
26,000 pounds/ 39,000 Euros and there is a ?1000 deposit. If you
contact Triumph, they will get back to you within 24 hours
(http://www.triumph-bg.com/en/contacts.htm)

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