Monday, May 14, 2007

Bulgaria: What a Land of Opportunity!

Hello again...

Well, yes, I guess I'm plagerizing the title of the latest newspaper clipping on http://Good2004.biz/news.htm, but I happen to agree with what the writer has to say! Bulgaria has a tremendous potential for growth in the EU, and particularly in the area of real estate. The reasons are there to read: Bulgaria's recent entry into the EU is providing an increased sense of security for foreigners; the real estate market is still the least expensive in the EU; the growth in the real estate market has been nothing short of fantastic for the past 3 years (that is our own observation at Good 2004), and it doesn't appear that it will stop anytime soon.

When you read the article, don't forget to take the self-serving advertising included with the text with a grain of salt - caveat emptor as the saying goes - buyer beware! I'm not faulting the writer, in fact, I do it myself to a certain extent. As I said above, I like the article, and I agree with most of what it has to say. I just can't speak from the Maltese point of view.

Ciao for now...

Craig


P.S. "Ciao" and "merci" are two foreign words that have worked their way into the Bulgarian language. I'm told that the source of the French term "merci" ("thank you" in English) was a visitor from France in the 19th century who used the word consistently. The local people liked it and picked it up, and ultimatley made it a part of their own vocabulary. I'm sure the Italian greeting "ciao" in Bulgaria has the same sort of story - it's like "aloha" in Hawaiian, it means "hello" and "goodbye". In the past few years, of course a lot of English has made it's way into the language as well, particularly things like "OK" and technical and pseudo-technical terms like "4-by-4".

C.

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