Welcome to my site.

Please let me introduce myself, my name is Mark Wright and for more than eight years now I have been in the real estate business, mainly within the UK, where I became an office manager with a leading estate agency group. After moving to Bookavets near Veliko Tarnovo, Bulgaria in March 2007 I did not work for several months, then for 10 months I worked for one of the largest real estate agencies in Veliko Tarnovo, helping train the English speaking Bulgarian agents, who deal with the International clients.
I am now working independantly locating properties for buyers, who are looking to relocate around Veliko Tarnovo, Resen, Hotnitsa areas. Working on their behalf, I can access far more properties and select only ones suitable to my clients thus cutting down time spent looking at non suitable abodes.
I live here with my wife Sally, and son Shane, (our daughter Teri, lives in Swindon Wiltshire.) in a large village called Resen, just north of Veliko Tarnovo. We enjoy a stress free lifestyle that we could only imagine whilst living in the UK., long hot sunny summers and cold snowy winters.
There are quite a few Brit’s within a few kilometers of us, but mostly we talk to our Bulgarian neighbours, slowly, as we do not speak fluent Bulgarian yet! The local people are very friendly and will often pass you small gifts like fruit and Rakia (local home made whiskey) We for our part return their friendship with home made cakes etc.
Our British friends are great, we meet up quite often to help each other with new products found, or general information we have gathered. Sometimes just for a coffee or beer!
I have found that many British come here looking to buy property, but do not know where to start. I have a few key questions that I like to ask, this gives me a real insight to what they are looking to achieve. As I have been through the process and now know the pitfalls, hopefully I can save others the heartache and stress of searching for the right property.
I can help with all the details required in buying property here, from setting up bank accounts to opening your company, this is required when you buy a house with land. I can source any kind, from land/apartment/house/office even hotels.
Let me know how I can help you.
If you have any questions about my service I can provide you with names and email address's of previous clients who would be happy to tell you more about me and the level of service provided.
Please read all the "post's" on my blog, at the bottom of each page you can click a button for "older post's" this just means "go to the next page". You should find a lot of useful information contained here. If you feel the need for anything else please let me know and I will be happy to oblige.


Tuesday, June 23, 2009

Economic Recession

The world econonmic recession has hit Bulgaria!
Many estate agents here are reporting a big down turn in bussiness, some have had to close offices others have closed thier doors for good. This can be seen as a bad thing. I believe what we are seeing is survival of the fittest.
The ones who are adapting the way they work, working smarter and more efectivly will survive. For Bulgarians this is a new thing, a decline in sales, fewer buyers and desperate vendors. There is no way to train people how to deal with these events. You have had to go through it to know. The UK suffered in a smaller way in 2003, all was well until the end of July. I was selling 4/5 properties a week at that time, our family holiday to France was great a real break from the work load. However upon returning the work load increased by having to keep together chains which were about to fall apart and no new sales! I was lucky to be working with people who had been through this before, they always said stuck it out and adapt your ways. So I did and am I glad.
So now it's time for everyone world wide to do the same, here in Bulgaria agent's need to be firm with vendors and buyers, we are dealing with more motivated clients now. Many vendors who before placed thier property on the market used to say "It does not matter if it tales a year to sell" now are holding off. The true sellers are looking for good advice and reassurance, buyers should be most motivated. They are in a great postion in Bulgaria, as you will probably not require a mortgage, so as a rare breed now vendors are listening to offers.
There are two properties on my blog, one reduced by an amazing 30,000 Euro's and the other by 16,000 Euro's. If your sitting reading this, wondering about living the easy life here, get off your bum and bring your wallet there has never been a better time to buy. Even if it is just a holiday home for now.
There is a saying "Make hay while the sun shines". Well there is a lot of sun here.