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Put it this way since 2008 we have lost very few customers who signed Property Management Contract with us, which is the complete opposite compared to the number of referrals we receive and the number of Customers coming from our competitors. The parking restrictions will naturally cause problems for all people living in the complex whether they are tenants or owners. What will happen is that the price of properties with parking in VP will become more favorable.
A suggestion would be to have the security police the parking better. The new apartments surrounding the complex will add competition, but whether some Property Owners or other agents come in a under value the properties to drive tenants away from VP and into the surrounding buildings is a risk that must be understood. I envisage in time that it will become more popular to live in this area than it is already. With new buildings it always takes time to get the occupancy levels up, but once they are, and the apartments and the complex are managed well, then people will want to live in them, which will allow rental prices to stabilise and increase over periods. We have found small increases in some of our portfolio of managed properties over the past 6 months, which I believe is good news for everyone, including myself as a property owner in Bulgaria.
But this forum has already been a huge help in plugging the information gap. Seems, the final hurdle is getting the utilities switched on which I just cannot believe is taking so long! But this project, as well as sending me into bankrupty! It will continue to quick small loans be a real struggle competitively to get any rent in a new block, outside of centre, when apts empty in town and believe for a 1 bed anything over 200 euro will be excellent. And certainly the rent guarantee scheme will be under pressure for the developer. But also agree that in the long term this will come good with development to ski resort and also plans to build a metro station to service the industrial park.
My concern is still the macro picture and Bulgarian economy - still ravaged by reputation of corruption and recent EU commissioner fiasco hasnt helped but hopefully the rising tide will lift our boat!
Not sure about everyone else but from end of Feb the funds (however small) have to start coming for me and then its a case of slowly working to increase yield over years. But, having seen what has gone on else in Bulgaria and World to have a finished furnished apt, albeit with candle light! By the way, I understood that the electricity is actually on, the only problem is metering usage. Please let me know if you think otherwise as we have arranged with Simeonovo to use our apartment at the beginning of March. The water and electricity are functional, to the best of my knowledge - certainly there is water in my apartment - and the electricity meters were connected some weeks ago.
Please do get in touch with me regarding the Owners Association - sadly there has been only ONE person payday loans online direct lenders no credit check who has made contact so far...... I will be in Sofia from February 9th so will be able to get an idea of exactly what the current state of play is. I spent in Sofia 4 days in January and I spent them in my apartment. I can inform you water and electricity is all connected and all the meters and gauges also. The only thing to be made is to assing the contract to the owners name and pay Simeonovo 450 eur..... They are trying with a PoA to open the accounts, Simeonovo always inform us that we can do it by ourselves but the process will delay 6 months.... It seems to me that this just underlines the need for both an Owners Association and for somewhere where these detailed issues can be discussed openly but away from a completely public stage. Membership is currently restricted, which simply means that we can be reasonably sure that our discussions are kept as private as possible. If anyone experiences any difficulties in trying to join, please email me. I say appears because it was covered by a snow-covered tarpaulin when I was last there. The information that Sofia Lettings have been pushing out over the past 18 months has been grossly misleading. Chris BG - Maybe you could give some examples of grossly misleading information, instead of posting statements without substance. How easy is it to rent an unfurnished apartment and what are the comparative rates? Do you charge owners for a re-rental when a tenant disappears owing money? Do you take legal action against such tenants when you supplied them or do you just shrug your shoulders? What effect do you feel the new parking restrictions in the complex will have same day loans on rental potential when the majority of tenants are no longer able to park inside the complex?
Will the previously-abandoned complexes suddenly being completed all around Vistosha Park adversely affect rents? From my business side, I like competition and transparency, it is good for customer and good for innovation and improvement in standards of practice. With regard to placing tenants, we have an application process, and where possible we try and get references from previous landlords and other sources before placing a tenant.
Currently in Bulgaria there is no credit check facility, probably due to the large grey economy the country has.
So where possible we do take references but there is still an obvious personal unsecured loans for bad credit loans no guarantor needed bad credit risk.
Even in the UK tenants are not always what they seem to be, and this was experienced with our UK Property Management Company, even with such stringent checks availble.
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I envisage in time that it will become more popular to quick small loans live in this area than it is already. With new buildings it always takes time to get the occupancy levels up, but once they are, and the apartments and the complex are managed well, then people will want to live in them, which will allow rental prices to stabilise and increase over periods. We have found small increases in some of our portfolio of managed properties over the past 6 months, which I believe is good news for everyone, including myself as a property owner in Bulgaria. This has had a huge impact upon the Spanish holiday market but what will it do to the Spanish property market? It was very hasty considering that people nc state employee payroll loan had been allowed to travel to Spain and now many who will return from holidays will have to isolate again, having to take more time off work. One lady was complaining that she has two businesses which will now have to close again while she is quarantined. However I have to say that as this whole covid saga is far from over why on earth could people not just stay in their own countries just for this year? Foreign holiday makers would be replaced by local people so the tourist industry would not be hit as hard as might be imagined. This whole thing of having to have a foreign holiday is just keeping up with the Joneses syndrome.
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Foreign holiday makers would be replaced by local people so compare personal loan interest rates the tourist industry would not be hit as hard as might be imagined. This whole thing of having to have a foreign holiday is just keeping up with the Joneses syndrome. Staycations should quick cash loans for bad credit be the way at least until this thing goes away, (if it ever does).
My apartment looks good, I am happy with the quality and the finish, however one of the blocks is far from finished and I am a bit concerned that they will not get ACT 16 by May as promised! Hello Graham i agree with fast no credit check loans you about the maintainence theres not much we can do about it appart fom pay it however the two year rental contract only covers the cost of the furniture pack i think i will be opting out of that one. How long did they say it would be before the final block is completed. Did you opt for a parking space, i never i think that may have been a mistake. We strongly dont agree with the price of furnishment (800 eur each apt) and with the management and rental contract. Please, reply my post or send me your email address so we can keep in touch and exchange information about Vitosha Park and the actual situation of prices and real state in Sofia. When I figure out how to send a private message, I will send you my contact details! I have just got some info from a person that has a friend who bought in Vitosha.
They have been through the process and have recommended a management company called Sash, they do furniture loans instant approval and property management. Thankyou, I think there are many management and frunish companies, the problem is to select the right fast online cash loans one. I have been over to view my apartment a couple of times (last Nov08) and have been very impressed.