Thread Status:
Not open for further replies.

Easyjet announcement

Discussion in 'Bulgaria Property' started by mattw, Aug 15, 2007.

  1. mattw

    mattw New Member

    Easyjet announced last week that they were beginning flights to Sofia for £27.99.

    It seems to me that this will have a positive effect on prices, with the low cost carriers going in. I expect prices to increase rapidly due to this one little announcement.

    Any comments anyone?
  2. gsash

    gsash New Member

    Not only that but also :

    >>Unemployment in Bulgaria fell to 7,25% of the labour force in July, down by 0,17% compared to the previous month and 1,71% lower than at the end of July 2006.Foreign direct investment (FDI) in Bulgaria in the first six months of the year grew by 4,8%, compared to the same period of 2006, to EUR 2,11 B, data of the Bulgarian National Bank shows..

    >> Piraeus Bank yesterday lowered their standard variable rate to be the lowest rate foreign mortgage available! Their new rate is 2.5% above Euro base, making a very low 6.5% per annum!

    All is looking good for Bulgaria !
  3. Jain and Chris

    Jain and Chris Senior Member

    Agreed, I believe this will have very positive effects for property.

    The new Easyjet route will be from Gatwick to Sofia three times a week.

    A year ago, mortgage application to draw down was over seven and a half months on average. Now, this can be done in less than 8 weeks - or even less if you have good bank contacts!

    Signs are vvery positive :)
  4. deedee1

    deedee1 New Member

    :)Hi all,

    Sounds like lots of positive news for bulgaria then!!

    When do the easyjet flights start then??

    See ya D :)
  5. gsash

    gsash New Member

    Beginning of Nevember !
  6. Jain and Chris

    Jain and Chris Senior Member

    Yup, first flight November 6 :)
Thread Status:
Not open for further replies.

Share This Page