Real Estate In Bulgaria: Seasonal Picture

Investments in non-residential real estate in Central and Eastern Europe in January-March 2011 exceeded the vast majority of forecasts. According to the reports of British CB Richard Ellis, Inc (CBRE), they have brought an increase in comparison with 197protsentov the same time last year. For financial research, they were 2, 55 billion euros, despite the fact that in 2010 and not accounted for 860 million is actually 9, 5% of one hundred per cent of investments in the OE during this period. Going to the 2nd position Italian Republic has shown only a 75% increase, while France and Great Britain 33 and 39%. Currently, the priority concern for foreign financiers have modern facilities and buildings, however, suggests the majority of professionals in the near future attention to themselves and the objects will be the second and third level, as well as residential real estate.

It is expected that increased activity will be sustained and will not be interrupted as soon as possible time. Republic of Bulgaria has not yet earned its share of the investment pie. Growth capital investments in property in Bulgaria significantly lags behind the Czech Republic or Poland. He is now at least 10%, which is inferior even to the European heavyweights such as France and Germany. Permissible to say that the financial investment and an explosion in commercial and residential real estate of this Balkan country still only assumed. John k castle may not feel the same. But as shown by the last 10 years, he belatedly, but inevitably come, and perhaps even more serious dimensions.

Black Sea Coast Properties

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The company is open to all. Despite the fact that the company mainly provides services for searching and acquiring real property by prior arrangement and therefore the main customers company that customers, investors, property developers – the company is always open to other participants in the real estate market: sellers, brokers, Realtors are always happy to mutually beneficial cooperation (Cooperation). Directory Property can be viewed here. DO NOT HESITATE TO TOMORROW receiving income from a profitable investment!

Tax Property

Moreover, it can lead to a kind of social upheaval, if it is perceived by the public as unfair. In my opinion, all the current government's actions to prepare for the introduction of the tax are precisely this scenario. But on the other hand, the property tax was introduced in all countries of market economy and there is little evidence that it will be canceled. Why is this happening? Because tax property based on market value allows us to solve very important problems that we have not solved all the time for market reforms. In particular, the introduction of equitable property tax would solve a number of hard-core problems, namely, / 1 /: 1. creation of a stock market regulation with the effect of a possible real estate decline in property prices, 2.

solution to the problems of affordable housing through local investment authorities in the preparation of sites for large-scale construction, investment and creating a competitive environment among developers and 3. improving physical infrastructure of settlements and the ecological situation in the settlements; 4. combating corruption in the property market by increasing the transparency of 5. laying the foundations of local self-government, information of real estate market and many others. Income tax Real estate is a special tax, which has the main feature is not fiscal. In modern conditions the main function of this tax – sustainable development of territories / 2 /. From the theory of taxation and the experience of developed countries with market economies is well known that the tax begins to function as a sustainable territorial development only under certain conditions.