Information
FREE Brochure and DVD
Bulgaria is a great place to invest your money. If you want to know why, please ask for investor information on a FREE DVD and brochure.
Request Now!
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
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
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
More testimonials...

Bulgaria still tops property investment hotspots

The Assetz Property Tracker reveals that in the second quarter of 2006, Bulgaria offered investors a 137 per cent annual return on cash invested, up from 116 per cent in March.

The property firm said that borrowing is now also cheaper than it was in the spring, with mortgage rates having fallen from 7 per cent to 5.95 per cent.

Deposits required have also dropped from 30 per cent to 25 per cent, meaning greater gearing and bigger returns for investors.

"Bulgaria has now established a stable resale market and is proving it has staying power as an investment destination, especially with the strong tourist market in ski resorts such as Bansko, the introduction of no frills airline routes and the approaching EU membership expected in 2007, " Assetz said in the press release.

"Any destination hoping to oust Bulgaria from the top spot where it has been since February 2006 still has a long way to go, " the company added.

While Bulgaria continues to top the list, Assetz also predicts a bumper period for the Greek property market.

In the last 12 months, house prices in Greece have risen by 7.9 per cent, bringing the total return on cash invested to 25 per cent from just 2 per cent.

In addition, Poland's property market has had an excellent first half of the year, according to Assetz.

Prices in Poland have risen by about 25 per cent in the first six months of the year, the figures showed.

Assetz also said that Warsaw's property prices remain amongst the lowest in Europe.

The Spanish market is also continuing to grow, with capital gains of 12.8 per cent over the last 12 months.

Official house prices in Spain have continued to rise, but Assetz suspects this is mainly the result of rises in declared house prices, with less cash being involved in transactions.

This is because of increased transparency in the Spanish house-buying process, the company said.

However, the market continues to be underpinned by strong demand from Spanish locals as well as overseas investors, resulting in gross rental yields of 8 per cent and a total of 43 per cent return on cash invested.

Stuart Law, managing director of Assetz, said: "The choice of overseas destinations available to investors is growing increasingly wide, driven by EU expansion, new low cost flight routes and the prospect of hefty returns particularly in emerging markets such as Bulgaria and Poland.

"More traditional destinations such as France and Cyprus are still stacking up very well against the competition and hold huge appeal for investors who are attracted by a stable growth pattern, uncomplicated buying process and guaranteed resale market."

However, overseas property investors considering the US should look carefully at recent currency exchange rate swings.

US house prices have risen by about 12 per cent over the past year but much of this gain would have been wiped out by the recent currency shift between the US Dollar and the pound.

Assetz has also advised property investors not to ignore opportunities in the UK, where the six major price indices are averaging growth of 6.8 per cent.

Back to All News

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.
Read more...
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.
Read more...
Colliers opens White Fir Resort apartment lodge in Bulgaria
Colliers International Bulgaria opens the stylish White Fir Resort ski and spa apartment lodge.
Read more...
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.
Book Now!