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Testimonials
Thanks for organising the inspection trip.This was our first time to see the white fir development.
I have to say everybody that went were absolutely blown away by the development,It exceeded our expectations by a mile.this view was shared by other buyers we met out there.
A big well done to all at MSI.
Richard Frost
Richard Frost
I am so glad I came across Bansko and in particular White Fir Valley – I very nearly bought in France where you really do not get value for money.
Warren Cowan
Warren Cowan
Dear Mike – I just want to thank you and the team for your help. You were so helpful in answering all my questions – thanks again. I can’t wait for the development to be ready.
Nikki Frost
Nikki Frost
BULGARIA UNHARMED BY GLOBAL CREDIT CRISISfrom Pari Newspaper, vol. 218, 13.11.07, p. 10Due to the investments of Eastern Europeans and the increased number of domestic buyers the real estate market in the country has demonstrated unexpected resilience. The global credit crisis reverberated the strongest in the USA and the UK therefore in the last six months mainly investors from Russia, Romania, Poland and Ukraine operated on the Bulgarian property market. The Russians and the other Eastern Europeans who filled the hotels along the Bulgarian Black Sea coast during the communist era are now returning as buyers of holiday homes. According to brokers the sales of property to Eastern Europeans, irregardless of whether they were cheaper apartments or expensive villas in gated communities, have increased considerably this year. The interest on the part of the other foreign investors remains high as the prices of real estate in Bulgaria continue to be the lowest in the EU. The prices in the big Black Sea resorts which doubled only in a few years started to drop slightly even before the credit shock, as the reason for that is the oversupply and the slow development of the infrastructure. However, Bulgaria's high economic growth increased the income of those working in the private sector and made mortgages more accessible. According to the Bulgarian National Bank purchases of properties in the first 8 months of 2007 amount to EUR 1.16 billion which equals about 35% of the direct foreign investments after Bulgaria's accession to the EU. The supply of homes steps up but the demand remains high as well, as property prices have increased by 13-18% this year. |
The Latest News
MSI DEVELOPMENTS SCOOPS HIGHLY PRESTIGIOUS PROPERTY AWARD
The results of the European Property Awards in association with CNBC Television and SIMA for 2008 have just been revealed and MSI Developments are delighted to announce that it has won an award in the category of Best Development in Europe and Africa 2008.
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White Fir wins CEDIA technology award
MSI Developments are delighted to announce that White Fir has won a Global CEDIA award at the recent ceremony in central London (CEDIA stands for Custom Electrical Design Installer Association). The modular streamline system installed was recognised as the best installation in a multi-dwelling development.
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Colliers opens White Fir Resort apartment lodge in Bulgaria
Colliers International Bulgaria opens the stylish White Fir Resort ski and spa apartment lodge.
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Inspection Trips
If you would like to book an inspection trip to Bulgaria and see the developments in place, we are here to help you.