The new Dublin-based developers of the controversial Pomorie Golf&Beach resort in Bulgaria have said that 75% of the project will be completed by next summer, as quoted by the Sunday Business
Post.
The price of domestic housing units has peaked and will start to taper off in 2006, the National Real Estate Association (NREA) predicted on Tuesday, April 26.
Brits are getting into the Bulgarian property market to get away from the overpriced market at home and to take advantage of investment opportunities with good upside potential.
A new investment fund promises to mitigate inheritance tax bills while taking a punt on the Bulgarian property market, the UK newspaper Daily Telegraph reported.
House prices recorded an average increase of 8.7% in late 2004/early 2005 worldwide, shows data of the International Real Estate Federation (FIABCI) and ResearchWorldwide.
