PostHeaderIcon Bulgarian Property Market

Every market has a cycle of capital, and each circuit has a source. In the case of the Bulgarian property market, foreign buyers have funds generally by persons through the Re-mortgage raised their UK / Irish holiday homes on a foreign investment or to buy. This secondary source made ​​the conclusion of new mortgages from banks operating in Bulgaria for the Bulgarian acquisitions. The two key sources of financing dramatically affected by the recession, some sources suggest that the UK banks is re-mortgage for foreign investment of up to 85% reduction since mid-2007. In 2007 there were twelve bank lending in Bulgaria, that a foreigner could funding for a new building or property purchases are completed. By mid-2009, no. Today there is a mortgage product available to the Europeans and two Russians, though not expensive and offer nominal interest rates are less than or equal to typical rental income gross monthly earnings. selling property in bulgaria

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