Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Three buyers bid for a plot in the Dobrudja region
THREE BUYERS BID FOR A PLOT IN THE DOBRUDJA REGION
Date: 25/08/2010
Source: klassa.com
Three buyers bid for a plot in the Dobrudja region

The demand for land in the Dobrich region considerably exceeds selling offers this summer but the reason is not only the relatively high price of wheat, the Regional Association of Real Estate Agencies (RAREA) claims, BTA (Bulgarian Telegraph Agency) reported.

“At least three potential buyers bid for a land plot,” said Nelly Vassileva, manager of a real estate agency. According to her, agriculture in the region has not been affected by the economic crisis, landowners get pretty good incomes from land rents, while deals in arable land, unlike the purchase of flats and villas, are not credited by banks and do not register large margins.

“Natural persons with free financial resources have been active players on the land market alongside tenant farmers in recent months. Most often, they want to buy some 50-150 dca of land,” said Pavlina Todorova from RAREA.

Affluent citizens from Sofia find it more profitable to invest in land rather than deposit their money in a bank at a low interest rate or buy a villa. “Any owner might be swindled with the rent for an apartment. Moreover, this kind of property wears out and needs investments for repairs, and taxes must be paid. Land is virtually eternal, brings good incomes and tenant farmers no longer dare to evade the law,” says Todorova, who is also a manager of a real estate agency. According to her, demand is highest in the region of Balchik where deals are closed at prices ranging from BGN 350/dca to BGN 700- 800 /dca.


Topic: Economy



Featured District
KARDJALI DISTRICT AND CITY INFORMATIONKardjali
Invest Bulgaria Charts
Gross Domestic Product of Bulgaria
Gross Domestic Product of Bulgaria

Final Consumption of Bulgaria
Final Consumption of Bulgaria

See all charts
Did You Know?
Nazdrave
Nazdrave
Making a toast when drinking liquor is de rigeur. When toasting, raise your glass and lightly clink ... More

Vasil Levski national stadium - one of Bulgarias biggest sport sites - is located in the center of Sofia. Reconstructed in 2002, it has 43,632 seats and is eligible to host UEFA cup final matches.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members