01.11.2007

Local Property Developer Offers Assistance to UK Buyers in Bulgaria

Eurosilex, a specialist in residential and mixed use property development in Bulgaria is now offering under market value mortgage rates to clients purchasing Eurosilex properties.

Eurosilex's new mortgage assistance programme allows close cooperation with Bulgarian banks, and can provide Bulgarian property buyers with pre-approval within 24 hours.

Though not a definite commitment to lend, this does provide clients with a general idea of whether their mortgage application will be successful or not.

Buying abroad is riddled with uncertainties; local law, language, tax rates and customs all differ to those of the UK, which adds an extra layer of difficulty when trying to purchase a house abroad.

The Eurosilex mortgage assistance programme assists British buyers in securing a mortgage from a Bulgarian bank and negotiating the best mortgage rates.

Eurosilex doesn't take any commission on these mortgages, so buyers can be sure of getting impartial mortgage and legal advice.

Eurosilex also offers buyers and property owners resale services and help with letting out their property through their rental department.

Bulgaria has been touted as a property hotspot by many in the real estate industry. The country's low property prices and varied geography combined with its rapidly developing economy and stable political atmosphere have attracted a huge amount of attention from British buyers.

Large property investment opportunities are popping up all over the country, the most notable of which are in and around the Black Sea resorts and in the ski resorts of the Rila mountains.

With property in the UK currently at an all time high, but such low property prices in Bulgaria, it's not surprising that many Brits are keen buy.

The latest property developments from Eurosilex, such as Eternity, offer buyers the chance to own an apartment overlooking the Kavarna Yacht port in the Black Sea, from as little as Ј40,000, and new ski apartments in Bansko can be secured for as little as Ј28,500.

Source: international.ibox.bg/news