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Real estate prices in Sofia continue to decline, albeit at a slower rate than over the past year, Colliers International real estate agency said in a media statement on June 28 2010.
In these days of low interest rates, many more people take out a mortgage in order to buy a property abroad. If the property is viewed simply as an investment, a mortgage allows you to increase your benefit from the capital growth of property by leveraging the property investment. If you buy a house for €200,000 and it increases in value by €50,000, it has yielded a 25 per cent return on your investment. If you had only put in €50,000 of your own money and borrowed the other €150,000, then the increase in value represents a return of 100 percent on your investment. As long as the rate of increase in the value of the property is more than the mortgage rate or costs, you have gained.
This apartment complex is situated in the southern part of the popular Sunny Beach resort, consisting of 2 luxurious buildings, built from innovative materials and a in a modern style. The property...
Have a look at this next offer for a property for sale. It is a house, located in a small and quiet village near the town of Dobrich and not far from the sea. The village has around 150 inhabitants...
This is a large house for sale located in the villa zone of the town Velingrad. The house consists of three floors and has total living area of 170 sq m. The ground floor comprises a basement, prem...
This is a new luxury house for sale, located in a calm and peaceful village near the town of Bourgas and the sea. The property is situated in a village which is part of Aitos municipality, B...