Hit – the properties on the Balkans, Greece is missing the train

Greece is loosing huge investments on the real estate market every year because of her’s “unripeness”.
Underdevelopments on the market and the business politic which is expressing in the high tax rates, heavy bureaucracy and the lack of the legacy regulation. In the same time the Balkans countries are develop with incredible temps and attend major international investments.
Recently the investment company Global Finance which intend to invest 500 million euro on the Balkans announce the found of capital fond with 350 million euro which will accomplish projects on the West Balkans – Serbia, Romania and Bulgaria.

Last week was the company announced that is planning to build up a complex in Sofia.
The develop real estate market on the Balkans attend multiple international and including Greeks investments.
21 February 2008
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