Saturday, November 21, 2009
Physical property
Friday, November 20, 2009
Bulgarian Property Developments

Regional Development Minister Rossen Plevneliev
Bulgarian Property Developments (BPD) will invest 12.6 million euro in a new expansive logistics park in the northeastern Bulgarian riverside town of Rousse. Construction of the complex has been launched in the area of Slatina, where BPD secured a large parcel of land, Dnevnik daily reported on November 18 2009.
Although construction is underway, the building process will be officially inaugurated on November 23 by Minister of Regional Development Rossen Plevneliev and the mayor of Rousse, Bozhidar Yotov, BPD said in a media statement. The deal for this particular facility dates back to 2007 when BPD invested 9.068 million euro in the purchase of land in the Rousse industrial park.
The complex will be on a 54 000 sq m parcel, comprising two main warehouse facilities made of 13 680 sq m and 8 300 sq m respectively. Additionally, there will be an administrative centre and office buildings.
The park is posed to act as an economic stimulant in the region and the town of Rousse in particular, creating a "modern infrastructural base for companies and creating work places", Dnevnik daily reported. According to the time schedule, the facility should be complete and open for business by the third quarter of 2010.
About the Can I Afford An Investment Property?
It combines the cash operating revenue, rent, and the cash operating expenses, with the change in the amount of income tax paid to measure the net change in the investor's income due to owning the investment property.
It is important to recognise that the results are only rough estimates and should not be treated as financial advice. Before making any investment decisions you should consult your financial adviser.
Assumptions
* Cash operating expenses are assumed to be evenly spread throughout the year. This means that the cash operating expenses are the same for each month of year 1.
* It is assumed the investor has an interest only loan. This means that the loan repayments only consist of the interest for the period. It is assumed that they are deductible for tax purposes.
* When calculating the "Change in tax paid" only the marginal tax rates applicable to Australian residents are used. The calculator does incorporate the Medicare Levy of 1.5 percent but does not take any other factors which can influence the amount of tax paid, such as HECS contributions, any rebates, deductions, levies and surcharges into account.
* A building allowance is calculated for investment properties constructed after 18 July 1985. For buildings where construction began between 19/7/1985 and 15/9/1987, building allowance is 4 percent of the construction cost, for 25 years after construction. For investment properties where construction began after 15/9/1987 the building allowance is 2.5 percent of the construction cost, for 40 years after construction.
* The calculator does not consider the depreciation allowance, from the depreciable items contained in the investment property, which may accrue to the owner of an investment property.
read more here
http://www.yourmortgage.com.au/calculators/can_i_afford_investment_property/
How to find good investment property
The idea of owning rental real estate seems to be gaining popularity as investors tire of the swoops and swoons of the stock market. As I pointed out in a separate column, not everyone has what it takes to be a landlord. But those who do may find rentals to be a good way to build wealth.
Once you've made the decision to buy rental property, your real work begins. Finding a profitable rental property usually takes time, connections and plenty of research.
Here's what you need to know to get started:
http://articles.moneycentral.msn.com/Investing/RealEstate/HowToFindGoodInvestmentProperty.aspx
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