3 November 2008 – 9:10 pm
Now when it is clear that the situation will not get any better in the next few months it is time to count those who were “swimming naked” hoping that the tide will miss them
It seems that few developments in Bansko are already experiencing difficulties servicing their clients like All Seasons Club, The [...]
30 October 2008 – 3:10 pm
It is official now. Whether you like it or not it is here. We are about to see “who has been swimming naked”. Construction, estate agents, construction materials, tourism will feel it shortly. Banks, financial services to follow.
Ready to dive?
28 October 2008 – 3:10 pm
I posted a detailed instruction on how to certify documents (and more precisely power of attorneys) in order to be valid in Bulgaria.
Probably this information will be useful for someone who is about to finalise purchase process by signing of a title deed.
Apart from the power of attorney there are also some other documents required [...]
21 October 2008 – 6:07 pm
After all, you only find out who is swimming naked when the tide goes out. Warren Buffett
Recent articles discuss the possibilities of price falling in the real estate sector in Bulgaria. Some websites even have dedicated section for properties with falling prices. According to the statistics in some areas the prices are falling with nearly [...]
As posted in the forum ITV is starting new TV series for British expats whose dream for home abroad turn up into something else…
Probably “A place in the sun” will continue as “A scam revealed” since many people recently had very bad experience buying properties in Bulgaria. Not to mention those who are still waiting [...]
A recent article in The Economist put the start in the discussion whether the prices of the real estates in Bulgaria should go down or not.
It was not very long after that and discussion was started related to that article. Of course, according to the Bulgarian real estate “experts” the prices will not go down [...]
An article from yesterday in Pari (Money) Newspaper reports that the prices of the apartments in Sofia reached the top and exceed the amounts that the buyers are willing to pay. This wise discovery is made by the executive director of Address Real Estate Katya Tzenova.
Finally, they managed to discover that the greed for [...]
Recent article in The Sofia Echo comments the situation with the office space for rent in the city. Naturally, the construction boom will not leave this area of the real estates intact and after overbuilding in resorts the next area is the office space.
For many of this new developments the dilemma “half empty of half [...]
Bansko resort opens summer season reports BulgariaInside.
The Mayor of the town - Alexander Kravarov discovered that “Over-construction is another major obstacle”. Guess who issued the permissions for it? After being the “good guy” in the previous mandate after his re-election the famous Mayor decided to play the “bad guy” while Bansko is getting uglier and [...]
Poligraphic services buildings in Sofia to become class A offices states recent article published at propertywisebulgaria.com.
Being around this part of Sofia (Dimitar Blagoev Printing House) almost every day it is not hard to notice how “easy” is to access it by car. Bringing another 241 cars in the area (at least) will make the things [...]
