Properties on leasing – fresh source of capital in the sector

Posted on 23.02.2011 by admin

The leasing of properties is the only segment that increases its deal in the finances of the companies in the real estate sector in Bulgaria. These are the news from Bulgarian National Bank about the leasing companies activities in the end of the past year. The part of the leasing deals has grown from 8.9 % in the end of 2009 to 13.5 % in the end of 2010. The volume of this type of incomings for 2010 is 534 millions BGN and for one year has grown with 20.1 %.

The growth of the leasing deals in the real estates market is due mostly to the so called “back leasing”. This phenomenon describes the case when a company sales its property to the leasing company and after that is buying it on leasing. This gives the chances for the companies to get fresh capitals in the crisis and to cover some debts. On the other side, the leasing companies have the possibility to make some business.

Accordingly to another people in the sector the growth of the leasing deals is due to the finishing of old projects – mainly business centers, industrial properties and trade areas. These are projects started in 2007 – 2008 and finished in the last year. The leasing scheme is as following: the client pays 20 % in the starting of the projects and continues the payment when the building is finished.

Since the beginning of the crisis in 2009 there are almost no deals for new real estates.

Posted in Bulgarian Properties | Tagged , , | Leave a comment

Koprivshtitza

Posted on 14.02.2011 by admin

Koprivshtitza is a town in Western Bulgaria, in Sofia province. It is located in very beautiful mountain area along the Topolnitza river, 110 kilometers East from Sofia. Three times burned to the ground by the Ottomans, it has been rebuilt again and now is a town – museum, representing a lot of the Bulgarian history, culture and revival architecture.

There are many legends about this historical town. One of them says that it is created by refugees after the falling of the second Bulgarian kingdom under the Ottoman empire – big Bulgarian families, traders and shepherds. Among the shepherds settling the place have been three brothers: Lambo, Toroman and Arnaut, and they give the names of the existing today neighborhoods in the town: Toroman mahala, Lambovska mahala and Arnaut mahala.

There are a lot of places to visit: typical old revival houses like Stariradeva house, Pavlikyanska, Doganova, Mlachkova, Markova and Chalakova houses. There are house – museums of famous historical persons connected with this place like Lyuben Karavelov, Dimcho Debelyanov, Todor Kableshkov and Georgy Benkovsky. Another historical places are the two churches, the old school open in 1837 and the bridge “First shot”, where is made the first shot in the rebel against the turks in April 1876. There are a lot of small house type hotels where you can feel the spirit of the Bulgarian history and revival.

Posted in Travel Bulgaria | Tagged , , , | Leave a comment

Removal from UK to Bulgaria

Posted on 07.02.2011 by admin

The relocation of British citizens from UK to Bulgaria began not so long ago, but already became a classical phenomenon. In the last years many people from Great Britain bought properties and performed a removal from UK to Bulgaria. The British citizens are key customers of the real estate agencies and for the moving companies, and in the last years were performed a lot of removals from UK to Bulgaria.

The British citizens already formed whole society in Bulgaria, especially in some regions like Veliko Tarnovo and Gabrovo province and in the mountain and sea resorts, where they are mostly buying properties because of the beautiful nature and the good infrastructure. In the town of Gabrovo one British settler even is a town councilor and is representing the interests of the local British society. To move from UK to Bulgaria is easier in the last three years because of the membership of Bulgaria in the European Union.

To relocate to another place is a different choice, and the people will get used to the new home easier if they take part of their environment. In fact many people are doing this with moving from UK to Bulgaria of all their household goods. The Bulgarian removal company Moving.BG is the perfect choice for a professional and cheap moving service.

Posted in Removal to Bulgaria | Tagged , , | Leave a comment