"Bulgarian real estate agency for buy and sale Bulgarian properties"
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Bulgarian property investment is both financially and culturally rewarding. The real estate market from Bulgaria is relatively unexplored and offers incredible investment opportunities. Whether using Bulgaria property as a second home or as a vacation rental, there is never been a better time to buy Bulgarian properties.
Description:
Balvi is a small town in the Latgale region of eastern Latvia. It is the administrative seat of the region of the same name since 1949; prior to the occupation of Latvia it was part of the Abrene district.
The first mention of Balvi (the name derives from the stream Bolupīte and the adjacent lake) was in 1224. A small wooden church and manor were constructed on the estate of a Polish noblewoman at the site ca. 1765. When Latgale came under Russian rule in 1772, the estate was granted to the Yelagin family by Catherine II. In 1806 it passed to the Horozhinsky family and in 1876 the estate was purchased by the Baltic German Transehe-Roseneck family. The village was separated from the estate in 1915, and Balvi received town rights in 1928.
Most of the town's Jews (ca. 19% of the population) perished in the Stahlecker phase of the Holocaust in August 1941. The retreating Germans set fire the Balvi in July 1944, and the town was rebuilt according to Soviet plans from 1945. Balvi was a center of the Singing Revolution and is vital to Latgalian culture today, its library the focus of many cultural events.
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The membership of Bulgaria in EU will not change the selling or the rental price levels for properties in Bulgaria according to experts. Whether this will happen and who will benefit most from real estate trading - sellers or those who rent out their properties has still to be seen. Bulgaria is fast becoming one of the hot markets for British and Irish investors and we believe that Bulgaria offers an unrivalled investment opportunity. With all of these facts you should be able to expect a healthy profit on your investment. House for sale and buy
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