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06.01.2009 The Year 2009 – Time for Investing in Real Estate

Chernomorski Far, Vol.252, 30.12.08

In a time when the world is in a financial crisis and many goods are losing their value it is worth investing in assets that will keep their price despite the economic conditions, brokers state explicitly. The real estate market in Bulgaria started sobering and the quality apartments, houses, restaurants/bars and even hotels to be found for sale are quite a few.

“Never has it been so wise to invest in real estate” is the 2009 motto of the LUXIMOTI Luxury Real Estate Agency. That is why the experts advise buyers to invest in reasonable luxury and quality properties. In 2009 the transitory confusion on the real estate market will lead to lucrative possibilities for acquiring attractive properties at great prices, LUXIMOTI brokers also say.

May be 2009 will be the last chance for all those who have not managed to acquire the desired home, office or plot of land to do so at a good price. The lack of client trust and financing from the banks has led to a drastic decrease in construction of new buildings. In the next year or so the real estate sector is to learn from the mistakes it has made in the last few years and at the end it is once again the client who will benefit from that.

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LATEST REGIONAL NEWS
Three new malls in Sofia – more cinema theaters and an ice-skating rink

01/November/2011
24 Chassa, vol.296, 31.10.11

Amusement – this is what the new and the already existing malls in Sofia and the country are focusing on after the consumption of clothes, shoes and home goods decreased due to the crisis. For example, the new mall which is being built in the quarter of Lozenets is announced as a lifestyle mall. Apart from famous brand shops, restaurants, coffee shops, a bowling hall, an arcade, a gym, and a cinem... read more

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Latest News
Bulgaria Is Back Into Top Ten Most Popular Real Estate Markets for the British Buyers

12/August/2011
Ivan Radford, TheMoveChannel.com

Bulgaria has broken back into the top ten most popular real estate markets, according to August’s Top of the Props report from TheMoveChannel.com.

3.3% of all enquiries in July were directed at Bulgarian property, marking the country’s return to the overseas property portal’s top ten for the first time in three years.

The most popular countries remain the same, with... read more

LATEST REGIONAL NEWS
Unique mosaic discovered in Stara Zagora

13/October/2011
www.VisitBulgaria.net

A unique mosaic was discovered by archaeologists in the city of Stara Zagora in Bulgaria. The mosaic depicts the three figures of Bacchus and two bacchantes, all companions from the suite of God Dionysus. The mosaic is a unique finding for Bulgaria. It is believed that the mosaic dates back to the end of the second century and the beginning of the third century AD.

"The complicated ... read more

DID YOU KNOW?
Big Bargains in Bulgaria for Holiday Home Hunters

16/March/2012
novinite.com, March 15, 2012

The cost of buying a holiday home in Bulgaria is getting cheaper, which is good news for foreigners seeking a bargain deal for their new place in the sun.

According to the latest data released by Bulgarian Properties realtor, prices of holiday homes in Bulgaria have slumped by a whoppi... read more

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