Overseas Property Investment

The most recent bulgaria property investment news from a variety of international property news sources.

Foreign investment has fallen dramatically in Bulgaria, where the housing market continues to struggle. While Bulgaria is attractive to foreign buyers looking for holiday houses near the Black Sea and the Danube River, a weak economy and high unemployment are hindering the housing recovery. See the…

A favorable buying climate is allowing buyers greater choice, and fueling demand that could provide the momentum Bulgarian real estate has been needing. The capital city of Sofia is leading the recovery, which should be complete in 2011, prefaced by price stabilization later this year. See the following…

Although construction of studio flats — which make up a third of Bulgarian real estate sales — has not kept up with demand, sellers continue to grant buyer concessions in a tough market. Slumping sales — including a fall-off in foreign purchases — could see prices decline through…

Although construction of studio flats — which make up a third of Bulgarian real estate sales — has not kept up with demand, sellers continue to grant buyer concessions in a tough market. Slumping sales — including a fall-off in foreign purchases — could see prices decline through…

Easy Hotel Opens Doors in Bulgaria’s Capital [novinite.com] Abu Dhabi landlords to become the new arbiters of rental rates [Kipp Report] NZ residential property sales normalise [smh.com.au] Foreclosures in Fort Myers (Florida) jump by 31 per cent [Cape Coral Daily Breeze] Angry scenes at Donald Trump golf masterplan exhibition [BBC] Cash-strapped Napa Valley wineries facing [...]

FOR IMMEDIATE RELEASE: Mar 03, 2010- Russia’s aigroup will host the nation’s first ever Moscow Golf & Luxury Property Show, a two-day extravaganza which will kick off on April 23. Some 5,000 guests are expected to attend the event, which will unite the Moscow Golf Show with the Moscow Luxury Property Show, to create a [...]

According to new data from international estate agency Knight Frank, the number of Brits buying second homes rose by 2.6% last year, which not only reversed 2008’s fall, but also took the number of British second homeowners to the new high of 245,384. Unfortunately, according to the research most of the second homes purchased by [...]

Bulgarian real estate prices should continue falling in 2010, leading to growing fears that there will be a sell-off of foreclosed properties by anxious banks — spelling disaster for the property market. While Bulgaria’s banking industry has thus far avoided massive foreclosures, as defaults soar…

Despite promises of increased transparency and the lure of deep discounts, Bulgarian real estate values are liable to see another 10% decline. December saw a spike in transactions, though, in anticipation of legislation banning cash deals and calling for accuracy in appraisals as part of property disclosure…

A worrying trend appears to be emerging in Ireland – overseas ‘property investors’ seem to be walking away from their foreign property investments in their droves. People who bought during the boom years are now finding the value of their properties has slumped to the point that they are having to simply hand their keys [...]