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  • Top Articles - Double Profit From Properties In Bulgarian Capital - Sofia

    Profitability from investments in properties in the capital is expected to increase untill the end of the year. At present the profit in a close complex in Sofia varies around 8%. The average val
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    ue of sales is approx. 112 000 Eur.

    For similar property on the sea, clients pay about 47 000 Eur while in the mountains – 90 000 Eur. Very few Bulgarians invest in homes in such luxurious compl
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    xes. If they have the financial resources, Bulgarian citizens prefer houses in the southern parts of the capital. During 2006, 29 % of the properties sold in our country are purchased by foreigne
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    rs. Brits are the most –67 %. The English people prefer to buy vacation villas at the price of 30 000 – 80 000 Eur while the Irish - from 50 000 Eur to 100 000 Eur. The Irish and English invest
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ostly in our ski resorts.

    During last year 29 of 100 or 90 190 from the finalized 300 000 property deals have been performed with foreign participation. The English people hold the greatest shar
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    e of the purchased properties in Bulgaria. With British participation, 60 300 property deals have been finalized. 12 % are the Irish. During first months of the year they have brought properties
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    t the average value of 84 942 Eur, which is about 12 % higher from the average value of the properties sold in 2006.

    The English clients buy properties in our clients mostly with the aim of inve
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    stment .The leading factor for them is the price of the property. That is why they usually choose studio or one- bedroom apartment in more popular resorts.

    The Irish clients prefer apartments on
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    the coast or in the mountains, mostly for their own usage. These are mainly apartments with one or two bedrooms.

    Despite the lack of snow and the relatively poor season, property owners in ski r
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    esorts earn profitability of about 6 %.Exactly this is what continues to attract foreign investors to Bulgarian ski centers .During last year about 40 of 100 from the enquiries were for buying pr
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    perties in our mountain resorts. From the beginning of this year about 43 of 100 from the buyers’ requests from foreign countries are directed towards ski centers.

    Winter resorts attract new gro
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ps of buyers, unknown for Bulgarian market till now. During last months Bansko and Pamporovo are hit among rich Spanish and Maltese people. The experts’ expectations are that after active popula
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    rization of Bulgaria as an investment destination 20 % of the property market will be occupied by them. Spanish and Maltese clients wish to purchase a property in the initial phase of its present
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    tion on the market. They are also interested in parcels with building permission. They show similar interest in both sea and ski properties as they know the processes of the market development fr
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    om what have happened in the their own countries before 10 years . They count on 15 % annual height in prices plus 5% profit from rentals oncethe property is finishes and fully furnished.

    Dan
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    sh clients are more skeptical and usually they demand for more information about the investor himself. According to statistics of ICB properties LTD” in 2006 the interest of the Western investo
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    rs towards the sea resorts have been 31 % as from the beginning of this year it is on a level of 25%.During last year 8,11% from purchased properties by foreigners have been in the capital. Fro
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    the beginning of this year their share is 8,62 %. The increasing interest of Western people towards Sofia properties is due to the high profitability. Spanish and Italians, who invest mainly wit
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    h speculative aim, show more interest in the capital. They buy a hundred apartments off plan and after that resell them with profit.

    On all aspects of investing in Bulgarian properties visit our
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    website for a huge resource of articles and the largest and most diverse selection of quality properties in Bulgaria at ICBproperties.com


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