NewEstate Bulgaria reaches its 2011 target early and increases its portfolio to 7 million Euros of managed properties in Sofia.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 12, 2011 -- It is thought a combination of factors have contributed to the quicker than expected growth; as well as the predicted impact of an aggressive marketing strategy backed by extra investment, the surprising element has been the repeated closure of small competitors who have left the property management market altogether. In many cases long standing landlords of multiple properties have had to revisit the marketplace for the first time in several years, which has been a catalyst for NewEstate Bulgaria’s opportunity to attract a ‘new business’ in this sector.

1

NewEstate Bulgaria reaches its 2011 target early and increases its portfolio to 7 million Euros of managed properties in Sofia.

Welcome visit Our WebSite:

http://www.newestatebg.com

NewEstate continues to see the current opportunity in the middle market for new properties renting to young professionals. With less than half the number of ‘expats’ residing in Sofia by comparison to three years ago, the luxury market remains in decline with fewer tenants willing to pay high prices for the top end properties.

More information can be found online at http://www.newestatebg.com

Bulgarian Properties     let property in bulgaria     properties in bulgaria     property in bulgaria     rent property in Sofia     Sell bulgarian property     sell property in bulgaria     selling bulgarian property