(What is this?)
Home > Bulgaria > Property > News : Bulgarian banks go cold on loans for overdeveloped resorts consultants
Not registered?  Join IPIN now FREE   |  Forgot password?

Bulgarian banks go cold on loans for overdeveloped resorts consultants

Article Date : Monday, June 30, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Bulgarian banks have started introducing stricter requirements on applicants seeking loans to buy property in Bulgarias bigger resorts, including Bansko and Slunchev Bryag Sunny Beach, over worries that these locations faced overdevelopment, credit consultants said, as quoted by investor.bg on June 30.Foreign nationals interested in buying property in Bulgaria and applying for loans from local banks were increasingly being asked to show their credit history for a period of up to six years, the website quoted Tanya Yakimova from Bulgarian Home Loans, a British consultancy firm that focuses on advising foreigners.

Article provided by The Sofia Echo.
Read the full article here >>

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.
Listing Separator

Related Articles

  1. Sunny days for tourism in Bulgaria
  2. Arco Vara invests over EEK 100 mln in Bulgaria
  3. Sobering on Bulgarian real estate market
  4. Bulgaria’s real estate growth dips
  5. Spanish developer to invest 500M euro in residential property near Sofia



Listing Separator

Let us search for you Let Us find Property in Bulgaria for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Bulgaria.
Let us searchHelp me find property in Bulgaria


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Bulgaria
Channel: All

More RSS FeedsGo

Prices from only 213,300 EUR

Overlooking Eastern Europe's only PGA credited golf course and 15min from Borovets ski resort. Low money down, 70% mortgages & high rental potential. Bulgaria achieved real growth of over 30% in 2007

View Investor Report >>

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo