Property Investors Bulgaria

Eurosilex Property Investors Department has opportunities for:

• Institutional Investors
• Private Equity Investors
• Joint Ventures & Strategic Alliance
• Private Investors Purchasing Multiple Units
• Property Developers Looking for a Bulgarian Market Implantation

If you are a property investor who would like to purchase multiple units in Bulgaria and expect a dedicated service then you are at the right place. Our special investor’s relation will give you all the information needed to achieve a successful investment in the Bulgarian property market.

The following information is aimed at providing potential investors with an introduction to Eurosilex Ltd., as well as an understanding of why those looking for yield in the Bulgarian real estate market, a key convergence market, should make Eurosilex their top choice for an investment partnership.

Our Strategy

Eurosilex Ltd, is a privately held company. At this time, we are currently seeking to selectively expand our current partnership structure with new investors from the hedge fund, pension and banking sectors. Our strategy will be to design partnerships based on the Investor’s needs and yield requirements, and our expertise within the Bulgarian property market.

Bulgaria – A Convergence Market

Key events are unfolding in Bulgaria, placing the country firmly on the road to convergence with the rest of Europe. As such, Bulgaria represents a viable opportunity to generate strong medium to long term yields within the property sector as the market matures, standards develop, and convergence continues apace. Further, steady progress on structural reforms and low inflation rates are helping bolster the property market both through domestic and foreign direct investment.

Flexible Structuring of Investment Options Can Include:

• Multiple off-plan property purchase
• Pre-release under-market value property sales
• Off-plan development or forward purchase agreements
• Acquisition of current properties for re-development or refurbishment
• Development of existing properties including lease or rent optimisation
• Development of properties with a guaranteed rental income in place
• Development and active asset management of investments

Investment Partnerships with Eurosilex Can Be Structured Around The:

• Leisure residential market: The property leisure market has been for many years the main drive of the Spanish economy; the same can be expected from Bulgaria as it is now defined as the new hot spot of Europe. The interest shown in Bulgarian sea and ski properties mainly by English and Irish has turned Bulgaria into a must invest destination. This appeal has brought the eyes of investors from other European countries to the likes of France, Russia, Germany and the Scandinavian countries. With the arrival of budget airlines to all the Bulgarian International airports, the market is going to take off in the coming years. Securing early assets will provide higher returns.
• Commercial/mixed-use market: Demand driven by lack of grade A/B commercial properties to satisfy the expanding domestic commercial market, and the growing trend in international and professional services companies (ie., HP, Citigroup, Society Generale, Allianz) outsourcing or off/near shoring activities to Bulgaria, driven by the introduction of the lowest corporate tax rate in Europe (10%)
• Retail market: The supply of high street retail space is still limited versus demand. Lack of grade A retail space combined with increased personal income and stable inflation rates fuelling consumer spending, is created demand for retail complexes in conurbations and on a regionalised basis
• Commercial market: with the introduction of the lowest corporate tax rate in Europe (10%) and corresponding lack of grade A commercial properties there exists…
• Domestic residential market: Increases in personal income, low inflation, increased disposable income and maturation of the consumer credit market are creating new purchase opportunities for Bulgarians to upgrade from communist era housing to new residential accommodation. Further, yield compression, driven by growth of property selling prices as compared to increases in personal income and a slow mortgage credits interest decrease, is creating a buoyant rental market for new built residential units

Expected Yields in Addition to Appreciation:

• Residential: The Bulgarian residential has already experienced strong growth in the past two years. The stability brought by the entrance of Bulgaria in the European Union will assure yields of 10% per year for 2007
• Commercial: Shortage of investment grade product and the volume of capital flowing into the market by international investors and real estate funds has resulted in single digit yields with 7% projected for 2007
• Retail: 8.5% on average anticipated for 2007

Sectors and markets outside of this will be considered on a case by case basis in conjunction with the Investor and the transaction opportunities.