Bulgarian real estate market a brief overview
Download
1 / 13

Bulgarian Real Estate Market - PowerPoint PPT Presentation


  • 292 Views
  • Updated On :

Bulgarian Real Estate Market A Brief Overview. Pavel Stamboliyski/ [email protected] Why Bulgaria? Macroeconomic stability. Political and economic stability Sustained GDP growth of 5% per year NATO membership achieved in 2004 EU membership set for 1 January 2007

Related searches for Bulgarian Real Estate Market

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Bulgarian Real Estate Market' - Solomon


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Bulgarian real estate market a brief overview l.jpg

Bulgarian Real Estate MarketA Brief Overview

Pavel Stamboliyski/ [email protected]


Why bulgaria macroeconomic stability l.jpg
Why Bulgaria?Macroeconomic stability

  • Political and economic stability

  • Sustained GDP growth of 5% per year

  • NATO membership achieved in 2004

  • EU membership set for 1 January 2007

  • Very competitive labor cost compared to the rest of Europe

  • Very competitive tax regime - 15% corporate profit tax as of 1 January 2005

  • Well educated, highly trained multilingual workforce

  • Full national treatment of foreign investment

  • Investment grade rating BBB by S&P and Fitch

  • Foreign direct investment at 11.7% of GDP (EUR 2.3 bn in 2004)


Why bulgaria top tourist destination l.jpg
Why Bulgaria?Top tourist destination

  • Bulgaria voted No. 4 tourist destination worldwide by The Washington Post

  • 22% average annual growth of tourist arrivals for 2002 – 2004

  • 43% year-on-year increase in British tourists for 2003

  • Well developed and constantly improving summer resorts

  • Excellent skiing opportunities with guaranteed winter snowfall

  • Unbeatable prices guaranteeing best value for money holidays

  • 1600 thermal mineral water springs

  • Rich historical and cultural heritage

  • Easy access from Europe


Why bulgaria booming real estate sector l.jpg
Why Bulgaria?Booming real estate sector

  • Growing economy and increasing flow of foreign companies increases demand for top quality office premises

  • 25% price growth in the last 12 months

  • Still lowest real estate prices in Europe

  • Strong year round corporate letting market in Sofia

  • Dramatic increase in demand for quality accommodation at Bulgarian resorts

  • Strong drive for property purchase from Bulgarians living abroad

  • Bulgaria on the agenda of top European real estate investment funds

  • Excellent return on investment rates

  • Third most popular destination for holiday homes amongst Brits for 2005


Top real estate agencies l.jpg
Top Real Estate Agencies

www.colliers.com/Markets/Bulgaria

www.yavlena.com/en

www.eltaconsult.com

www.address.bg

www.adis.bg/en/

www.bulgariandreams.com




Fiabci bulgaria l.jpg
FIABCI-Bulgaria

Contact Information:

36-A "Partriarch Evtimii" blvd. fl. 1, ap. 3, Sofia, BG-1000BulgariaPhone : +359 2 9886890Fax : +359 2 9886891e-mail : [email protected] e-mail : [email protected] ExecutivesPresident : Mr. Valentin Georgiev SaykovSecretary General : Ms. Hristina Kancheva Kancheva



Slide10 l.jpg

Lindner Bulgaria - Business Park Sofia - A CITY WITHIN THE CITY Business Park Sofia is a genuine multifunctional high-tech business park, which combines the essentials components of business and the related sectors into one tight package of opportunities.


Parameters of the project l.jpg
Parameters of the project CITY

  • Total investment EUR 150 million

  • 35 buildings

  • Plot area 220 000 m²

  • Total built-up area 300 000 m² of which:

  • Main area - 180 000 m² total built-up

  • Area of corporate building - 44 000 m² total built-up area

  • Commercial area - 74 000 m² total built-up area

  • 174 companies and growing

  • Parking of employees – 3 000 lots

  • Parking for visitors – 1 000 lots

  • 10 000 people working in the Park

  • 10 000 visitors a day

    www.businesspark-sofia.com


Mall of sofia l.jpg
Mall of Sofia CITY

  • Investment: EUR 37 million

  • Project design: Moore Speakman International Team of Architects

  • Building description

    • The total built-up area is 75 000 m2 distributed as follows:

      • retail and entertainment - 35 000 m2

      • offices - 10 000 m2

      • underground parking - 22 000 m2 (approx. 700 car-parks)

      • service and common areas - 8 000 m2

  • Investors:

    • General Electric (real estate division)

    • Aviv Construction and Public Works

    • Cinema City International

    • Quinlan Private

      www.mallofsofia.com



ad