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It's
time to invest in Bulgarian property!
Do
you want to own property abroad and make a fortune?
The right time is now and the right place is Bulgaria !!!
Propertys in Bulgaria are still the cheapest
in Europe but prices are already rising as 2007 (when Bulgaria joins
the EU) is coming ! And by 2007 they will rocket !
Prices are up 30% since the spring of 2003 when Bulgaria joined NATO
and by December'03 this growth will reach 50%. This trend will speed up
and if you invest now 30 - 50 000 Euro they may grow to 100 000 by 2007.
Meanwhile you can rent the property and make additional profit. Just remember
what were the prices in Spain or Greece before they joined EU!
Property prices: New seaside villas cost about 50 000 Euro, resale
or older ones can be 20 000-30 000. Country homes with gardens (needing
surtain renovation) can be found in small quiet villages by the sea, inland,
or in the beatifull mountains even for 10 000 -20 000 Euro. Whatever your
budjet, we'll help you find the right property - villa/second house, apartment,
plot to build on, hotel, agricultural land, office bulding, commersial
property, etc. Our fee is only 8% (minimal fee 1200 Euro on deals under
10 000, 6.9% over 100 000). Note: properties cost the same regardless
the agency.
Our services: We fully assist you - from meeting you at the airport,
transport and accommodation, visiting properties you're interested in,
paper work, contracts, registering of Ltd company, etc. For an additional
fee we can arrange/superwise renovation and furnishing, look after the
property, pay the bills, rent it for you. If you want to build your dream-house
we can find you the land, construction company and build it for you.
Property ownership: By the laws in Bulgaria, foreign persons may own buldings
but not land. Because of that if a foreigner wants to buy a property (apartments
are an exeption) he has to register formally a local company and register
the land on company's name. It's not a problem as we fully assist for
that. As a matter of fact this law is one of the main reasons keeping
the prices low.This law will drop in 2007.
Property
transaction: in Bulgaria it is similar to Europe but the cost is lower.
The notary fees are about 0.4 % of the declared price and the municipal
fees are 2 %. Normaly this fees are divided between the buyer and the
seller.
Property
running cost is VERY LOW: Annual real estate tax - 0.15 %. Annual Community
and waste collection tax - about 0.5 %. If the property is a part of a
residential complex or apartment bulding, monthly tax to the housing union
- from 10 to 70 Euro per month for security, cleaning, lighting, insurance,pool,etc.
Resale
and Renting: To resale your property is easy as prices are rising every
day. By renting it you can earn (depends on status and location) from
2000 to 10 000 Euros per year and get your investment back.
Living
costs in Bulgaria: Good red wine - 2.00 Euro per bottle, good beer
- 0.30, local cigarettes - 0.60, Marlboro - 1.50, delicious dinner for
two - 10 -15 Euro, gardener/house keeper- 150 -200 Euro per month.
If
interested contact us: e-mail: cdmania@techno-link.com
In UK, call London - 207 474 5285
In Bulgaria, call Sofia - 3592 980 9813, mobile - 359 48 49 409 or 359
889 634 642
About
Bulgaria:
Continental climate with 4 seasons, more than 250 sunny days per year,
dry and hot summer and cold winter with lots of snowfalls. Mediteranean
mildness in southern Bulgaria and Black Sea coast. Various landscape,
unique nature, great history, countless mountains, ecological food, spa
centres, villages out of 50's, rural architecture, medieval cathedrals,
ancient ruins, fantastic sand beaches, attractive ski centers, hunting
reservations, golf clubs, warm and friendly people.
That's why Bulgaria is often called "Switzerland of the Balkans"
or "The New Toscana".
But from investors side you can call it "THE HIDDEN TREASURE"
Bulgaria
is one of the cheapest countries in Europe with a good quality of life
and beatifull nature. No wonder it attracts tourists but their quantities
are small and most of the country is very quiet and peacefull.
Together with the cheap property this makes Bulgaria a better place to
invest in villa/second home, hotel or other real-estate property than
Spain, Greece or anywhere else.
Transport
and accommodation: Daily flights from most of the Europian capitals and
big cities. Domestic flights from Sofia to Varna and Burgas at the sea
coast. Train and bus lines covering all europian and domestic destinations.
Sofia airport phone:+3592 720 672. Taxis are very cheap - 0.30-0.40 Euro
per km.
Major rent-a-car companies available. 2000 hotels of 2 to 5 stars, accepting
major credit cards.
Phones:
The code for Bulgaria - 359, Sofia - 2. All mobile phones will work as
there are 3 operators.
Electric
network: 220 volts, euro plugs. UK citizens - bring plug adaptor with
you.
Driving:
Leftside wheel same as Europe. UK citizens - watch out.
Food:
Any food available in supermarkets. All popular kitchens available in
restaurants. Fantastic, delicious and cheap Bulgarian kitchen served everywhere.
Shopping:
Very good value for the money, probably the cheapest place in Europe to
buy anything - from cigarettes and drinks to clothes, cars and property.
Bulgaria
in facts:
Location:
South East Europe, at 42 paralel
Borders: Black Sea, Turkey, Greece, Macedonia, Yugoslavia, Romania
Teritory: 111 000 sq. km
Population: 8 000 000 ( 90% east orthodox Christians)
Money unit: Lev ( 1 Euro = 1.95 Leva, fixed)
Black Sea Coast: 460 km
Sand beaches: 110 km
Mineral & Thermal Springs: 4200 (80% drinkable, curing over 60 deseases)
Forests: 3 000 000 acres
Lakes: 200
Rivers: over 2 000 km, incl. BG part of Danube
Hunting reservations: 1 000 000 acres
Mountains: 35% of territory, peaks up to 3 000 m
Air T°- Summer: 25/35 C (May-October),
Winter: -8/12 C (December-April)
Sea T°: 16/29 C (May-October)
Snow depth: up to 300 cm
Ski tracks length: 600 km
Hotel beds: 200 000
Tourists per year: 2 400 000 (incl.transit)
Types of tourism: sea holidays, diving, windsurfing, yachting, rafting,
skiing, golf, cultural,
balneo recreation, SPA, fishing, paragliding, dental, medical, hunting,
ecological, sightseeing, business, historical, tracking, alpine climbing
and
many others
Copyright 2003 Planet Relax Inc., Delaware, USA
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