Bulgarian Property Market Insight

Written by Steve Avery


GOLF GRABS BULGARIA!

Atrepparttar present time there are only three golf courses inrepparttar 105730 whole of Bulgaria: one at Elin Pelin, nearrepparttar 105731 capital, Sofia, and two owned by Air Sofia. These are located at Ihtiman, opened in 2000, 40km from Sofia, and at Sliven, opened in 2004, 90km fromrepparttar 105732 Black Sea.

Because ofrepparttar 105733 increasingly rapid rise in foreign interest in Bulgaria recently, several more golf courses are proposed. One of these will be located at Razgrad, inrepparttar 105734 north-east, about 90km fromrepparttar 105735 Black Sea. More are scheduled to open inrepparttar 105736 next few years: two at Kavarna and one at Primorsko, near Sozopol.

Mountain and ski areas will be represented by a golf course inrepparttar 105737 ski town of Bansko this year, and a very large golf complex between Kostenets and Borovets,repparttar 105738 country's foremost ski resort. This is scheduled for 2007,repparttar 105739 year of Bulgaria's entry intorepparttar 105740 European Union, and will be located at Dolna Banya, already near Bulgaria's first golf course at Ihtiman.

BulgariaProperties.net Ltd has purchased almost 6 acres of prime development land adjacent torepparttar 105741 proposed golf course at Dolna Banya. The plans are to construct about 220 apartments around a comprehensive sports complex, with access torepparttar 105742 golf course by a short footpath. The amenities on site are to include tennis, volleyball, squash, badminton, lawn bowls, boules (boccia), shooting, archery, croquet, mountain biking, and fishing nearby. Indoor facilities will include a 140-seat main restaurant and cabaret stage, a huge main bar (perhapsrepparttar 105743 largest in Bulgaria), a sports bar with projection TV, snooker, pool, table football, table tennis, a Chinese restaurant, Indian restaurant, fast food cafeteria, pizzeria, gymnasium, sauna, massage parlour, clinic, chemist, sports shop and minimarket.

Steve Avery, a Director of BulgariaProperties.net Ltd, said, “It may sound like a cliché, but we really were inrepparttar 105744 right place atrepparttar 105745 right time! After two years in this business, I just couldn’t believe my luck to find such a gem. Anyone involved in this project should make a serious return on their investment.”

On Borovets and Bansko generally, Steve had this to say: “Apart from having ski lifts and ski runs, these two towns are quite different from each other, and appeal to different groups of people. Bansko is an old, traditional residential town with lots of character and no fewer than 180 quaint taverns full of local people singing and dancing to a typical Bulgarian folk band. Borovets, by contrast, is purely a resort, with hotels, modern west European-style bars and night-clubs, cafés and restaurants. Residential property and holiday homes are therefore readily available in Bansko, but not in Borovets, whererepparttar 105746 closest you can get is usually in one ofrepparttar 105747 surrounding villages.

‘As for property values, Bansko went mad for a period of three months atrepparttar 105748 end of 2003, with land prices doubling, and then calmed down. Many poor goatherders suddenly found that they were rich. Nothing wrong with that, I say. Since then values have been pretty steady there until now, when they’re starting to creep up again. The reason for this is thatrepparttar 105749 sudden surge in foreign tourists to Bansko has leftrepparttar 105750 supply of holiday accommodation woefully short ofrepparttar 105751 demand. And this trend shows no sign of abating. To try to cope with it, there have sprung up many hotels and apartment projects, but it seems unlikely that even these will be able to satisfyrepparttar 105752 demand for accommodation for several years yet. As a result,repparttar 105753 prices for such apartments range from 1,000 Euros per sq.m. for a ground-floor unit facing away fromrepparttar 105754 mountains, to 1,350 Euros per sq.m. for a top-floor example with a mountain view. Yet, people buy them. I guess, because a 1 bedroom 60sq.m. apartment for £41,000 is still a far better deal than you’d get in Spain. I’ve heard developers claim that 90% of their apartments are sold within 3 weeks! I only hope that we have such luck when ours are released in April!

‘In this respect Borovets, again, is different. Although it’s Bulgaria’s first and best-known ski resort, it stagnated for years… until now. The ‘Super Borovets’ project, funded by EU, governmental, foreign and local business sources, is scheduled to run from 2005 to 2009, and will revitaliserepparttar 105755 whole region aroundrepparttar 105756 town to a radius of 10-12km. This has already started to affect property values inrepparttar 105757 surrounding areas. To give an example, in March 2004 we bought, unseen, a half-acre plot in a village 15km from Borovets. When I visited it, I discovered that it wasn’t suitable for building apartments; so, I put it onrepparttar 105758 market in August. By November it was sold at an 80% profit – after all costs were deducted!

‘I am personally ofrepparttar 105759 opinion thatrepparttar 105760 ‘Bansko effect’ could strike around Borovets at any moment. That’srepparttar 105761 reason why BulgariaProperties.net Ltd is developing four projects here, and only two in Bansko. We can sell these apartments about 15% cheaper – atrepparttar 105762 moment, anyway. Borovets must surely offer a better return on investment, regardless ofrepparttar 105763 type of property bought: land, a shack, whatever. You won’t find new apartments easily, though. As far as we know, BulgariaProperties.net Ltd isrepparttar 105764 only developer building them. I don’t, however, expect this monopoly to last for long.

‘Bulgaria’s third ski region is at Pamporovo, which, like Borovets, is purely a resort. Funding is starting to come in, but full development, if it happens at all, is likely to follow several years behind Borovets. Its distance from Sofia (a day’s drive) makes it less attractive to visitors from north and west Europe. It is, however, popular with Greeks, because of its proximity torepparttar 105765 frontier. One of Bulgaria’s major motorway routes to Greece will pass very close to Pamporovo, and this should boost its popularity, as well as makingrepparttar 105766 Mediterranean Sea more accessible.

‘Property values are lower here than in Bansko and Borovets, but are creeping up gradually. I reckon that Pamporovo is a good long-term prospect; say five to ten years. The only reason why BulgariaProperties.net Ltd has no developments here is because I’ll probably have retired beforerepparttar 105767 boom happens.”

How does a mountain area investment compare with coastal properties?

“Significant differences yet again. Until recently, most ofrepparttar 105768 investment was flooding intorepparttar 105769 northern Black Sea coast resorts, from Varna down to Sunny Beach. The area became very popular as a result ofrepparttar 105770 Bulgarian government’s ‘Bulgariarepparttar 105771 Beautiful’ TV campaign back inrepparttar 105772 ‘80s, andrepparttar 105773 subsequent interest of package tour operators. Now thatrepparttar 105774 north is saturated with developments,repparttar 105775 interest has begun to creep downrepparttar 105776 coast. This is causing a steep rise in property values. They are still lower than those inrepparttar 105777 north, butrepparttar 105778 gap is closing. An investment inrepparttar 105779 south should therefore offer a better ROI.

Personal Training: Name One Good Reason Someone Should Hire You

Written by Aaron Potts


Byrepparttar time you have gotten pastrepparttar 105729 title and readrepparttar 105730 first line of this article, you should already haverepparttar 105731 one reason in your head why a prospective client would hire you. If you don't, then you may have already discoveredrepparttar 105732 biggest obstacle torepparttar 105733 success of your personal training career!

What we're talking about here is a very important sales tool known as a "Unique Selling Proposition". Basically, this isrepparttar 105734 single most important thing about your business that makes you stand out from other professionals in your industry. The basic, bare bones, fromrepparttar 105735 gut, instinctive answer that comes to your mind when someone asks, "Why should I train with you instead of another trainer"?

After all, isn't thisrepparttar 105736 absolute most important question that you could possibly answer? Isn't this similar to a question that you ask yourself every single time you are about to spend money?

When you are headed out torepparttar 105737 grocery store, you decide to go to a particular store. Why? Better prices, usually, although that is not alwaysrepparttar 105738 answer.

If you are going to get gas in your car onrepparttar 105739 way to work, you choose a specific gas station to fuel up. Why? Price sometimes, but often with a convenience store, location is more of a deciding factor.

What about if you are going to go shopping for clothes? What makes you decide to go to an anchor store like Sears or JC Penney instead of going to Target, or Wal-Mart? Certainly not price, sincerepparttar 105740 department stores are usually cheaper. Why did you go torepparttar 105741 mall?

By now you should be starting to see a pattern developing here. Whether you are talking about buying groceries, gas, or clothes, each time when you decide to shop at a certain establishment, there is always some underlying reason WHY you decided on that store. Whatever that reason is, that isrepparttar 105742 Unique Selling Proposition of that store, andrepparttar 105743 way they got your business!

For grocery stores, it is often selection that brings in customers. Gas stations have price wars, but inrepparttar 105744 end it often ends up just being about convenience. Clothing stores get a lot of their business fromrepparttar 105745 brand names that they carry, rather than their rock-bottom prices.

Those 3 examples were chosen to illustrate an incredibly powerful point for you in your personal training business. That point is that you need a Unique Selling Proposition, and contrary to popular belief, having a lower price is notrepparttar 105746 one that you want to choose. In fact, lowering your prices can help you to actually LOSE customers, and will definitely help your business to a lower bottom line!

Now ask yourselfrepparttar 105747 same question again, only this time, really takerepparttar 105748 time to think aboutrepparttar 105749 answer. Why should someone train with you instead of another trainer? It is possible - in fact, even likely - that you may not have a good reason! If that isrepparttar 105750 case, your business is surely suffering as a result, and coming up with your own Unique Selling Proposition should become your highest priority.

Here is a brief but hardly all-encompassing list of ways that your business may stand out from your competitors. Even if none of these ideas apply to you, utilize this list to start thinking of other ways to make yourself a more appealing option for potential clients than your competitors.

Customer Service. This has been one ofrepparttar 105751 most basic business success secrets sincerepparttar 105752 dawn of time, yet personal trainers often don't take care of their customers nearly as well as they should. For some great tips on customer service, seerepparttar 105753 article 'Personal Training: 6 Secrets of Award Winning Customer Service' atrepparttar 105754 following URL: http://www.completepersonaltrainingbusiness.com/article2.html

Experience. People have always valued businesses who have a lot of experience inrepparttar 105755 service being provided, and that is certainly true for personal training. Your client's very health and well-being is in your hands! Don't expect long-term personal training clients if you don't haverepparttar 105756 knowledge to get themrepparttar 105757 results that they are looking for.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use