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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 :)
     
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