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As I think I said a while back, the utilities to individual apartments are pretty much connected, although mostly not turned on. I think that the income is safe due to the fact that it was in fact priced into apartments right from the start and most are sold! Given the changes in the law which came into effect on May borrow money online without credit 1 last year and the effects this has had on the rights of owners in respect to maintenance and management of complexes, I wonder if there is any interest in forming a VP Owners Association? I have apartment in another development and the developer ran into difficulty during the build. There is collective power when we unite, the question therefore is how to contact the other owners and with the HOA, we need appointment holders as well. Havent been on this site in a while, pictures look good as do the reports of people whom have been to Vitosha recently. Listen guys are people not concerned about this right of way.

According to my solicitor, this right of way is shaky and depends on our developer paying a monthly stipend and for the owner of the right of way and our developer not to fall out untill such a time as the municipility of Sofia are in a position to build a road into the complex.

Am I being dramatic or am I the only one to think that in this economic climate it might be years before this road is built. Would anybody here buy a property in fdic small dollar loan pilot program Ireland or Britian if you did not have complete ownership of your right of way. Surely the develpoer need to sort this out as they have all the apartments in the new blocks being built still to sell!!! The new blocks were all sold to a Scandinavian company as a job lot, money fast loans according to Simeonovo, and there are only about 10 unsold apartments on the whole complex. The new blocks were all sold to a Scandinavian company as a job lot, according to Simeonovo, and there are only about 10 unsold apartments on the whole complex. I would hope that as most of the units are sold this matter can be sorted out asp rather then being dragged out for too long!?. Have been informed by the developer this week that those who took up the guaranteed rental income option their contracts now start from February 2010 rather than last September due to delays with utilities etc...


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The rental market in Sofia is pretty depressed at the moment and tenants are looking for, and getting, big discounts. Looking at the Bulgarian rental sites, properties in Simeonovo are going pretty cheaply too. It may be that my understanding of how much is guaranteed per month is incorrect, since I only have a shaky idea of what figures were promised, but the problem is that it would be easy to default on the agreement and very short term loans florida difficult to enforce it. As I think I said a while back, the utilities to individual apartments are pretty much connected, although mostly not turned on.

I think that the income is safe due to the fact that it was in fact priced into apartments right from the start and most are sold! Given the changes in the law which came into effect short term loans florida on May 1 last year and the effects this has had on the rights of owners in respect to maintenance and management of complexes, I wonder if there is any interest in forming a VP Owners Association?

I have apartment in another development and the developer ran into difficulty during the build.

There is collective power when we unite, the question therefore is short term loans florida short term loans florida how to contact the other owners and with the HOA, we need appointment holders as well. 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 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 unsecured personal loans no guarantor 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.


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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 personal loans knoxville tn the best of my knowledge - certainly there is water in my apartment - and the electricity meters were connected some weeks ago. This is a fairly bureaucratic (and often time-consuming) process in Bulgaria, which no doubt explains why Simeonovo charge for doing it on behalf of owners. Please do get in touch with me regarding the Owners Association - sadly there has been only ONE person 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 places that do next day loans 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 personal loans for no credit 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?


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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 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 risk. Even in what are interest rates for small loans 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. I cannot state whether or not any of our tenants are the culprits of such actions you have levied against them. What I can say is that we have had no complaints from any of the neighbours or the facility management company in Vitosha Park. Should we have in the future we will follow the process and policies we have in place.

Should a tenant leave a property without fulfilling the obligations, then we will refund the property owner the tenant find fee on a pro-rata basis dependent on the number of months the tenant has stayed in the property. Or the other option we provide is to find the next fast easy cash tenant free of charge.

With regard to legal action for non-fulfillment of obligations we have and will continue to work with property owners to ensure that they obtain their legal entitlement.