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Bulgaria Off Plan is a development of our parent company which has been operating within the real estate sales area of Eastern Europe for over twelve years and two years within the local Bulgarian sector of Varna and Burgas. Bulgaria Off Plan purchases offer excellent returns for investor.
The real key as to why buying 'Off Plan' can be such a good investment lies in the fact that normally you only have to pay a small amount of the purchase price as a deposit and then often nothing until completion of the property when the rest can be financed with a mortgage if necessary. Mortgages are now available in Bulgaria for foreign buyers and this is sure to increase demand and prices still further. Buying Off Plan has benefits for both the developer and the buyer.
The developer is able to attract working capital for the scheme with less potential reliance on bank finance and the purchaser will generally buy at a discount to the expected market value of the property upon completion and will normally have the option to sell on the purchase even before completion.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. BE SURE YOU CAN AFFORD THE REPAYMENTS BEFORE ENTERING INTO ANY CREDIT AGREEMENT. |