Tem Pearson's Articles in International Real Estate

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Expert Author Tem Pearson's Articles in International Real Estate

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Black Sea Property Investing – Bulgaria At Its Best? Bulgaria has gained a great deal of press recently as being a location ideal for property investment. Much of the information relates to the rapidly growing Black Sea coastal resorts. Bulgaria Property - A Boom Market? It is hard to avoid the topic of Bulgaria property, these days. It seems that you can purchase a spectacular mansion for little more than a month’s salary. But is all of this fact or fiction? Surely the whole thing seems simply too good to be true? Bulgaria Ski Resorts – The Low-Down To Purchasing Bulgarian Property Bulgaria has some of the best skiing in Europe and, as such, the ski resorts are attracting foreign investors at an impressive rate. Bansko and Bovoret are the two main ski resorts in Bulgaria; Bansko being the largest and most famous of the resorts. Between 2001 and 2004, the Bulgarian government has invested over 100 million Euros in the resort, with extra ski facilities such as an extra ski lift and improved transport links. Property Investing In Bulgaria’s Capital Sofia Sofia, as Bulgaria’s capital, offers foreign purchasers a wonderful investment opportunity. Many foreigners actually miss the idea of investing in Sofia, in favour of the faster growing costal resorts such as Sunny Beach and the ski resort of Bansko. Financial, Legal And Taxation Issues Of Purchasing In Bulgaria Not the most interesting of subjects, but extremely important nonetheless! Before it is possible to realize the dream of purchasing a property in Bulgaria, it is important to have a good idea of how the purchase will work for you, financially and legally. Issues such as how a property can be funded and what the purchase process is are vital, if you do not want to end up with a nasty shock further down the line. Renovating A Property In Bulgaria – As Easy As 1 – 2 - 3? There is no denying that some of the real bargains available to purchasers in Bulgaria are properties in need of renovation. Whilst this offers wonderful investment potential for someone looking for a long-term financial gain, there are also numerous issues that need to be considered. Bulgaria Property Rental Know-How Having invested in a property in Bulgaria, it is more than likely that you will want to look at the most efficient way to rent the property. Property rental in Bulgaria, as with any other country, is generally organised so that the owner can, at the very least, cover the costs of any loans that have been taken to finance the purchase initially. Bulgaria Property Investing – The Way Forward? Anyone with any interest in property investment abroad would have been hard pushed not to have heard about the potential growth area of Bulgaria. During the last 12 months, property prices have risen, on average, by around 25 percent. But remember, this is an average and some savvy investors have achieved a gain of 100 percent, in the last year!

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