Isle of Gold Bulgaria Property opening two new offices in Sofia and Bourgas
02 June 2010
Isle of gold property investments are adding to their investment portfolio in Bulgaria.
The current situation on the real estate market indicates that prices of investment apartments are down 50 %, rural villas and houses back to 2003 levels and golf property down 40%.
This presents a great opportunity for investors as banks in Bulgaria have just announced they are lending again.
"I don't see such an opportunity presenting itself again" - says Gary Curran, CEO of "Isle Of Gold" - "We are using this down turn as a spring board, as we have just announced the opening of two new offices in Sofia and Bourgas".
Bulgaria represents tremendous value, as house prices are among the cheapest in all Europe, plus the cost of living is very low, salaries are low, taxes are capped low for business and commercial property prices are low.
This makes good for companies wanting to relocate here, as is already happening.
"My advice to any individual or Company thinking to invest within the EU is to check out Bulgaria First, as they will be pleasantly surprised by the investment opportunities here".
International Property News