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 £30,000 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 'après 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: Mapped: Global Real Estate Bubble Risk in 2024 Visual Capitalist Data centers are a hot real estate trend, but will Colorado miss out on big projects? The Denver Post Oakland office tower lands buyer for huge loss in property value The Mercury News Florida's real-estate market is on edge amid back-to-back hurricanes Business Insider Exclusive | Tom Cruise can rest easy after Florida penthouse survives Hurricane Milton unscathed New York Post As Hurricanes Strike, Insurance Costs Soar for Commercial Real Estate The New York Times Mormon Church's Real Estate Arm Buys 46 Farms Across 8 States DTN The Progressive Farmer Welcome to Real Estate Friday! theberkshireedge.com Portsmouth condo sells for record $5.8 million. Seacoast real estate inventory rising. Seacoastonline.com Bachelor’s of Science in Real Estate Finance and Development (BREFD) USC Sol Price School of Public Policy The Pipeline: Commercial real estate roundup for 10.11.24 RichmondBizSense What is the value of MLSs and associations post-settlement? Real Estate News Adams Real Estate Chief Jesse Hamilton at Crux of Big Deals Boosting Struggling Commercial Landlords THE CITY Here are the latest Manitowoc County real estate transfers from Sept. 30-Oct. 4, 2024 Herald Times Reporter Kern of Sweeney Real Estate & Appraisal sells 3,223 s/f Millers Tavern restaurant New England Real Estate Journal Online Solano Real Estate Transactions: Oct. 11, 2024 Fairfield Daily Republic REAL ESTATE | Walgreens update in West Bend, WI washingtoncountyinsider.com Texas mom, luxury real estate agent missing after party at exclusive private club, husband arrested Fox News Insurance costs squeeze commercial real estate as climate risks rise Environmental Health News Insurance costs squeeze commercial real estate as climate risks rise The Daily Climate What's the Word on Portsmouth Real Estate: Experts to speak at forum Seacoastonline.com REAL ESTATE | Grand opening of Eisenbahn Village on Sunday, October 13 in West Bend, WI washingtoncountyinsider.com Northwest Healthcare Properties Real Estate Investment Trust Announces October 2024 Distribution Yahoo Finance Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First Dallas real estate mogul buys downtown Greyhound property The Dallas Morning News Dollinger Master of Real Estate / Master of Business Administration USC Sol Price School of Public Policy Real Estate Directory for October 11, 2024 The Garden Island Invesco Real Estate’s Bert Crouch On the Rise of Alternative Lenders Commercial Observer Dollinger Master of Real Estate Development / Juris Doctor USC Sol Price School of Public Policy Inked: Recent LI real estate deals Long Island Business News What's the most expensive property sold in RI? Oct. 11 real estate transactions The Providence Journal Current Real Estate Roundup - October 10, 2024 Nantucket Current Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First Real Estate: September 2024 Coronado Market Update Coronado Times Newspaper Photo tour of custom home listed at $12.75M on historic Seaspray Ave. in Palm Beach Palm Beach Daily News Nonprofit Investment Vehicle SparkYouth Gains Critical Support From Commercial Real Estate Industry Commercial Observer New Adams-world bribery probe eyes city leases and a top real estate firm Crain's New York Business How a Small Real-Estate Developer Is Building a Big Portfolio Hawaii Business Magazine Point Park University study recommends adding restaurants, real estate investments Downtown WPXI Pittsburgh Real estate notes: $10M Lake Keowee home takes title as Upstate’s biggest sale The Post and Courier Bachelor of Science in Real Estate Development (BRED) USC Sol Price School of Public Policy Buzz on Business: New Verdi Production Announced; Big Real Estate Sale East Greenwich News Real Estate: Who's Your Neighbor? East Hampton Star Homeowner turned ‘disaster’ into a stunner. See revamped Sacramento midcentury ‘treehouse’ Sacramento Bee Billy Joel Is Selling the Mansion He First Saw While Dredging Oysters The New York Times This 1940s house on the market in Vermont is a time capsule. Take a look Burlington Free Press Real Estate Transfers: Oct. 10, 2024 Suffolk Times Blocksquare Partners with FractioneX to Empower First Time Real Estate Buyers By Chainwire Investing.com Quebec Real Estate Market: A Very Active Third Quarter Boosted by Lower Interest Rates and the Return of Buyer Confidence Yahoo Finance California Realtors Predicting a Rosier 2025 for Local Home Sales The World Property Journal Real estate agent weighs in on 46% property tax increase included in Innamorato’s budget proposal WPXI Pittsburgh Listed real estate developers trim debt by 54% in Q1 FY25 against peak year FY19-end Hindustan Times News | As San Francisco sees modest job growth, the region's commercial real estate responds CoStar Group SmartCentres Real Estate Investment Trust to Release 2024 Third Quarter Results and Host Conference Call GlobeNewswire Buying A House In 2024: A Step-By-Step Guide Bankrate.com Dollinger Master of Real Estate Development (MRED) USC Sol Price School of Public Policy $1 Million Homes in Porto, Portugal The New York Times Mill Creek Once Again Named One of Pensions & Investments' Largest Real Estate Investment Managers Longview News-Journal |
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 |