| | | | | facilities. Garden of Eden is an apartment beach |
| Real estate in Bulgaria has been given a boost | | | | village in the same region. This is a resort which |
| with the news that mortgage loans for foreign | | | | claims to be a "destination in its own right" and its |
| nationals (as well as Bulgarians working abroad) | | | | amenities certainly live up to this claim. The |
| have returned to the Bulgarian banking market. | | | | bursting list of features includes restaurants, |
| House Sales Bulgaria ( reports on the recent | | | | shops, tennis courts, a boating pier, seven outdoor |
| article in Bulgarian daily newspaper The Sofia Echo | | | | pools and a spa and fitness centre. The |
| which states that these loans are back on the | | | | apartments are similarly impressive to those in |
| market due to "reviving demand, banks and credit | | | | Aqua Dreams and come with the option of a |
| consultants". | | | | rental management package. |
| | | | | |
| On July 13th, Bulgarian bank UniCredit Bulbank | | | | Resorts such as these are understandably popular |
| announced it had launched mortgages for | | | | with both holiday makers and those looking for a |
| foreigners and Bulgarians working abroad who | | | | more permanent holiday home. This gives resorts |
| could choose from a list of 22 Bulgarian real | | | | such as Aqua Dreams and Garden of Eden a |
| estate projects backed by the bank. This is an | | | | reliable opportunity for rental return and capital |
| example of new requirements levied by some | | | | appreciation which puts them high on the wish list |
| banks when offering these mortgages. Foreigners | | | | of real estate investors. The re-emergence of |
| looking to buy Bulgarian property need not be | | | | mortgage loans for foreign nationals will help more |
| disheartened by the thought of a lack of choice | | | | foreigners invest in their slice of these Bulgarian |
| or sub-standard bank-funded projects. There is a | | | | resorts. |
| wide choice of quality real estate projects which | | | | |
| have bank funding, including some in Bulgaria's key | | | | For further information on the Bulgarian property |
| resorts*. | | | | market, visit |
| | | | | |
| The resorts in and around Sunny Beach continue | | | | *research should be carried out on each project |
| to be in demand, two of which have seen | | | | to discern any bank funding. |
| particular interest from foreign purchasers: Aqua | | | | |
| Dreams and Garden of Eden. Aqua Dreams is | | | | Editor's Note: The Worldwide Group and House |
| located between Sunny Beach and St. Vlas, | | | | Sales Bulgaria ( is represented by the digital |
| offering both sea and nature views thanks to its | | | | marketing specialists and SEO provider Jumping |
| beautiful positioning, just 100 metres from the | | | | Spider Media. Please direct all press queries to |
| coast and 500 metres from the resort of Sunny | | | | Louise Byrne. Email: |
| Beach itself. The resort boasts three swimming | | | | louise@jumpingspidermedia.co.uk or call: +44 (0)20 |
| pools, wet bar, restaurant, café-bar, shops and | | | | 3070 1959 / +34 952 783 637. |
| lush gardens and apartments with excellent | | | | |