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 BULGARIAN PROPERTIES : ARTICLES : GREEKS BUY OUT PROPERTIES IN BANSKO AND RAZLOG NOW OWNED BY BRITISH CITIZENS...
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Greeks buy out properties in Bansko and Razlog now owned by British citizens
2011-05-31 01:47 News from StandartNews

The Bansko fellows will soon start greeting each other in Greek rather than in Bulgarian language. Frightened by the severe crisis in their country, Greek citizens buy out real estates in the winter resort of Bansko. The Greeks make use of the low prices of real estates in the towns of Bansko and Razlog and invest their savings there, Atanas Butilov, owner of real estate agency Kas Properties explained.

The Greek nationals buy the villas and apartments now owned by British nationals which invested their resources in the regions 2-3 years ago. Then - at the time of the peak of the real estate prices, the Britishers paid 1,000 euro per square meter of built-up area. Now, they resell their properties at half prices - 400-500 euro / ì2, Mr. Butilov unveiled.

Greek entrepreneurs also start to shift their businesses in Bulgaria. Bulgaria`s advantages are that it is the only EU member state with a border with Greece.



This News is listed at news.Guide-Bulgaria.com

apartment for sale
apartment BanskoBansko
43 m2
€ 45311
apartment for sale
apartment BanskoBansko
40 m2
€ 50000
apartment for sale
apartment BanskoBansko
41 m2
€ 28693

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

> 2013-02-15 SMS alert service notifies for any change in ownership of own property in the National Land Registry
> 2012-10-24 First Investment Bank acquires "Sky center" building at center of Veliko Tarnovo
> 2012-10-12 Property market in Bulgaria slowed down in the first half of 2012
> 2012-10-02 Property developer Orchid Developments has secured extension on the EUR 97.6 million credit
> 2012-06-19 Construction of a high-tech park Sofia Tech Park starts soon
> 2012-06-07 ECDC wants to sell its projects for a retail park in Bourgas
> 2012-04-09 Tender for the Landmark Centre Varna is cancelled
> 2012-02-28 Bulgarian and foreign companies invest in their own factories and logistics centers
> 2012-01-18 Austrian investment company starts the construction of MegaMall shopping centre in Sofia
> 2011-12-01 Orchid Developments in renegotiations with Raiffeisenbank AG about a loan for construction of Business Centre Varna
> 2011-11-28 Bargain between Arco Invest and Cleves EOOD for properties in the Boulevard Residence in Sofia
> 2011-11-11 Greek joint-venture fund has bought the Kambanite Business Centre in Sofia
> 2011-10-28 Bank has seized the assets of residential builder in Sofia due to nonpayment of principal
> 2011-10-06 The Government approved the sale of 15 properties owned by Bulgarian Posts
> 2011-09-22 "Bulgarian House" - a professional estate agency (paid article)
> 2011-09-15 Property investment and development company sales its entire portfolio in Bulgaria
> 2011-09-14 Sellers of mortgaged real estate increased by 20% for past few months
> 2011-09-14 Austrian bank opened a tender procedure for sale of the real estate company Melina
> 2011-09-13 Orchid Developments borrowed 21.4 million euro to complete the construction of Orchid Gardens Varna
> 2011-08-19 Real estate investment trust sells its Commercial Centre in Sofia

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

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