Bulgaria REAL ESTATE MORTGAGE LOANS BANKS
Bulgaria REAL ESTATE MORTGAGE LOANS BANKS
The hypothecary market in Bulgaria after almost 5 years of dynamical growth, has seriously suffered during global financial crisis. Many creditors have been compelled to refuse hypothecary programs for foreigners, others allow to receive the mortgage on projects which independently finance, and the list of similar offers is now improbably small.
There are possibilities of crediting of citizens of Bulgaria or the companies registered in Bulgaria, but from 7 banks which actually gave hypothecary loans to foreign buyers of the real estate to physical persons, now only 2 finance transactions with buyers from abroad, with essential restrictions.
Lowell Finance regularly analyzes the market of hypothecary crediting of Bulgaria as-only there will be possibilities of reception of the mortgage on real estate acquisition in Bulgaria, we immediately will inform on it.