NEWS ARCHIVES

NEWS ARCHIVE FOR JUNE 2008

Buy-to-let investors confident of more returns
30th June 2008
Confidence is high among buy-to-let investors that tenant numbers will increase in the coming months due to the instability in the housing market,...

Investment potential in Bulgarian property 'one of the best in the world'
30th June 2008
Bulgarian property investment has received a big boost after the country's banking industry showed the Bulgarian mortgage sector was booming.Figures...

Falling house prices give first time buyers purchasing power
27th June 2008
The falling house prices are a good opportunity for first time buyers to jump on to the property ladder, a property expert has claimed.While...

Presentation is everything, property investors told
27th June 2008
Property investors planning to let their properties have been advised to adequately ensure everything is perfect before hand in order to get the most...

Property insurance service for overseas investments launched
27th June 2008
Overseas property investors can now rest easy after the introduction of an overseas home insurance service by home insurance price comparison website...

Reformed burglar cautions property investors
26th June 2008
Property investors have been advised to ensure their homes look secure in order to dissuade burglars from attacking.According to Michael Fraser, a...

Millions of property investors still looking for new property
26th June 2008
New figures have revealed the current economic downturn is yet to dissuade millions of homeowners from investing in new property elsewhere.According...

Sofia to solve city's traffic woes
26th June 2008
Property investors afraid of buying property in Bulgaria's capital Sofia will soon have their worries put to rest.The city's municipality has decided...

Buy-to-let properties give back more
25th June 2008
In spite of the gloomy economic outlook, professional landlords with buy-to-let mortgages are receiving more returns from their investments.Figures...

First-time buyers benefit from regeneration project
25th June 2008
A regeneration project in East London that saw the conversion of a former Royal Mail depot in Whitechapel into apartments in 2007 has resulted in...

Scheme offers first time property investors a fighting chance
25th June 2008
First time property buyers eager to hop onto the property ladder have been advised to consider one of the government-led schemes designed to help...

Overseas property investment 'safe'
24th June 2008
Experienced UK property investors are snapping up overseas properties undeterred by the current economic woes, a survey has revealed.According to the...

British people still buying overseas properties
24th June 2008
New figures have revealed British people's love affair with overseas property investment is far from over.According to figures released by the...

Property buyers advised to invest in quality property abroad
24th June 2008
As global property prices plummet and buyers are forced into selling due to the harsh economic times, overseas property investors have been warned to...

New city to be built in UAE desert
23rd June 2008
An ambitious plan to construct an entire city in a desert in the United Arab Emirates (UAE) has been announced.The expansive construction which will...

Change in law attracts more property investors to Turkey
23rd June 2008
A leading estate agent has attributed the growing interest in property investment in Turkey to a change in Turkish law.According to Ann Wright, the...

Cape Verde in a move to attract investment
23rd June 2008
Property investment in Cape Verde may soon be more lucrative following the country's renewed efforts to market itself as a tourist...

Plovdiv residents investing more in property
20th June 2008
Residents in the Bulgarian city of Plovdiv are reportedly investing more in property renovations and retouches, reports the Sophia Echo.Quoting...

Mixed opinion from consumers on property investment
20th June 2008
Opinion is divided among UK property investors on whether buying in the current economic downtime is a good idea.According to research conducted by...

'Strong' economic growth in Bulgaria
20th June 2008
Investing in Bulgarian Properties may be a sound move after the World Bank revealed the country showed strong economic growth.The latest World Bank...

New mortgages to ease monthly payments
19th June 2008
Two new mortgages have been launched by the Yorkshire Building Society in a bid to bring some relief to overburdened property investors.The company...

Bulgaria gaining popularity among retiring property investors
19th June 2008
New research has revealed that more pensioners from the UK are increasingly eyeing Bulgaria as a retirement destination.According to Saga Travel...

Falling market 'provides bargain opportunities'
19th June 2008
Property investors have been advised that taking advantage of the falling house prices to invest in new properties could be valuable.The rough...

Bulgarian government to improve climate for investors
18th June 2008
Bulgaria's prime minister Sergey Stanishev has pledged to improve conditions for investors in the country in a bid to attract more investment,...

New high-tech tower opens in Dubai
18th June 2008
Dubai's newest high-technology commercial complex, the S.I.T tower has been launched.The development at Dubai Silicon Oasis which features business...

Deputy property minister dismissed
18th June 2008
A deputy defence minister in charge of property in Bulgaria has been shown the door, reports the Sofia Echo.Speculation is rife over Radoslav...

Eco-holiday homes unveiled in Cornwall
17th June 2008
A multi million pound eco holiday home project in Cornwall has unveiled its first phase, reports This is Cornwall.Two of 15 holiday homes at Falcon...

Isle of Wight will have the lowest carbon footprint in England by 2020
17th June 2008
Investing in a holiday home or buy to let mortgages in the Isle of Wight could be beneficial to property investors in the future after it was...

Holiday home acquisitions made easier
17th June 2008
Two renowned companies in the UK have launched a joint effort to make it easier for British people to invest in their own holiday properties,...

'Biggest' shopping centre opens in Bulgaria
16th June 2008
A new mall described as the biggest in Bulgaria has opened its doors in Varna, reports the Sophia Echo.Mall of Varna, whose ownership switched from...

Construction of Bulgarian homes increases
16th June 2008
The number of new homes being put up in Bulgaria has risen by more than 100 per cent in some cities, new figures have shown. 18,864 new dwellings...

More property investment in Bulgaria as GDP soars
16th June 2008
The next three years may see property investments of up to 300,000 Euros in Bulgaria as Romanian advertising agency Bigger Group establishes itself...

Bulgarian projects to be financed by EIB
13th June 2008
The European Investment Bank (EIB) is set to co-finance Bulgaria's EU projects up to a value of 700 million euros (£552 million), it has...

Housebuilders and banks 'strong investments'
13th June 2008
Banks and housebuilders have continued to "dominate" the TD Waterhouse top ten buys list.According to data from the brokers, the Royal Bank...

Cape Verde has potential for "long-term investment"
13th June 2008
Policies put in place by the Cape Verde government have ensured that both the lifestyle homeseeker and investor can buy in confidence, according to...

New Korean tourist sector could open up
13th June 2008
Bulgaria has a huge potential for attracting wealthy Korean investors and tourists, according to Anelya Kruchkova, director of the State Tourist...

New community at Byalata Laguna
13th June 2008
A new gated community is to be opened on the coast of the Black Sea, according to reports. Byalata Laguna resort is to develop the new community and...

Property investors looking abroad
12th June 2008
Investors looking to take out a second mortgage on a property are increasingly looking abroad to the likes of Bulgaria, it has been suggested.The...

Austrian Bank plans large Bulgarian investment
12th June 2008
The real estate division of one Austrian bank has announced that it plans to invest a significant sum in property development in Bulgaria, according...

Popularity of fixed-rates increasing
12th June 2008
There has been an increase in the amount of people in the UK who are taking out fixed rate loans it has been revealed.Statistics released by the...

Mortgage debt increasing for retirees
11th June 2008
The level of debt outstanding on mortgages for the average Briton reaching the age of 55 has increased markedly, it has been claimed.According to Key...

Longer lives stretching funds
11th June 2008
Increased life expectancy is undermining the plans for retirement made by many Britons, one industry body has claimed.The Life Trust states that as...

Lithuania 'boosting investment in Bulgaria'
11th June 2008
Yesterday (June 10th) the Lithuanian Foreign Minister Petras Vaitiekunas announced that his country would be increasing its investment in Bulgaria,...

Returning liquidity 'will aid mortgage market'
10th June 2008
Once liquidity returns to the mortgage market, lenders will begin to relax their lending criteria, a sector commentator asserts.In news that may be...

Bulgaria 'searching for national symbol'
10th June 2008
Businesses and tourist organisations in Bulgaria are attempting to establish those symbols that might best reflect a visit to the country in terms of...

Tourism 'is key to Bulgarian economy'
9th June 2008
Incoming tourism is a vital aspect of the Bulgarian economy, according to a new report in the Sofia Echo.The capital's newspaper cites state agency...

Ruse to gain improved waterways
9th June 2008
Those considering investing in Bulgarian property might like to investigate the potential offered by the city of Ruse given recent plans for...

Golfers get ready for Simpligroup charity event
9th June 2008
Property investors who enjoy an afternoon on the fairways can take the opportunity to mix business with pleasure next month when the Simpligroup...

Older people 'worst hit by crunch'
9th June 2008
Economic difficulties in the financial markets are affecting older people more severely than any other group, according to the latest research.Data...

Sofia 'enjoys events all year round'
6th June 2008
Those considering purchasing a Bulgarian property as an investment will undoubtedly be interested in the attractions available to holidaymakers who...

Interest rates 'may remain unchanged'
6th June 2008
Interest rates may not change again at any point this year, one industry commentator has suggested.According to Cobalt Capital, the decision to hold...

Living costs stymieing pensions savings
5th June 2008
The increasing cost of living is resulting in Britons putting smaller sums aside for retirement, according to one financial services firm. Edward...

EBRD to increase investment in Bulgarian infrastructure
5th June 2008
A new three-year strategy for improving Bulgaria's infrastructure has been established by the European Bank for Reconstruction and Development...

Romania sees record growth in Q1
4th June 2008
Rising wages and credit growth in Romania has resulted in faster than expected economic expansion for the country, according to new figures.The...

UK Tourists 'looking beyond the euro'
4th June 2008
More tourists will be looking to holiday somewhere in the borders of the euro zone this year in response to the euro's strength, it has been...

Bonds 'can guard against downturn'
4th June 2008
Those hoping to reach the far side of current economic turmoil unscathed should consider diversifying their assets, one industry commentator has...

Tax breaks 'could restart housing market'
4th June 2008
The government should make moves to ease current pressures on the housing market by introducing new tax relief measures.So claims industry body the...

Bulgaria to enjoy improved transport links
3rd June 2008
A new ferry service is set to improve links between Bulgaria and Romania from mid-July this year, it has been reported.Those considering investing in...

Macedonians choose Bulgaria for holidays
2nd June 2008
Bulgaria is one of the nations most visited by Macedonians heading abroad for their holidays, it has been reported.National newspaper Kapitalweekly...

Cash Isas 'supporting building society activity'
2nd June 2008
Building societies will remain well funded in the coming months as a result of record inflows in the form of deposits in cash individual savings...