Released on = March 15, 2006, 9:33 am

Press Release Author = Chris Northam

Industry = Real Estate

Press Release Summary = New Off Plan Property Web Site is Launched Covering the
Emerging Markets of Central and Eastern Europe - www.offplanproperty.info
More and more people are adding international investment property to their property
portfolios and historically off plan property purchases have provided excellent
returns for many people in many countries. www.offplanproperty.info aims to become
the leading web site initially aimed at those interested in buying off plan property
in the emerging economies of Central and Eastern Europe


Press Release Body = New Off Plan Property Web Site is Launched Covering the
Emerging Markets of Central and Eastern Europe - www.offplanproperty.info
More and more people are adding international investment property to their property
portfolios and historically off plan property purchases have provided excellent
returns for many people in many countries. www.offplanproperty.info aims to become
the leading web site initially aimed at those interested in buying off plan property
in the emerging economies of Central and Eastern Europe
London, England (PRWEB) March 13, 2006 -- Ownership of property overseas by the
British alone has grown nearly 50% since 2000. This represents an all time record of
nearly 260,000 people who own a foreign property -usually in a cheaper and sunnier
country.

Whilst Spain has historically been the most popular choice among the British and
many other nationalities for buying property off plan there is a growing interest in
the emerging (and substantially less expensive) countries that now form Eastern and
Central Europe, many of whom would previously have been satellite states of the
Soviet Union. From Slovenia to Slovakia and Latvia to Hungary, off plan property
prices compare favourably with the rest of Europe and, as low-cost airlines continue
to expand into Eastern Europe, interest in this entire region is likely to increase
still further.

To satisfy this growing interest in off plan property and the Eastern and Central
European region www.offplanproperty.info has been created to pull together the vast
array of disparate information available on the Internet (and from other sources)
into one coherent and easy to use portal. It is aimed purely at those interested in
buying off plan property in the emerging economies of Central and Eastern Europe
either for investment or holiday home purposes.

More and more people are adding international investment property to their property
portfolios and historically off plan property purchases have provided excellent
returns for many people in many countries. This interest in overseas property
investment has been fuelled in recent years by low interest rates and stock market
returns. In the UK the substantial increases in property values has also provided
equity that is able now to be released allowing those that could previously not
perhaps afford to purchase property abroad to do so.

All countries featured in www.offplanproperty.info have different reasons to invest
ranging from pending or recent EU entry, the fact that it is an emerging holiday or
tourist destination or simply because the economy is robust and growing at a rate
faster than more developed nations but, in almost every case, the property prices
featured in this entire region still remain excellent value and way below those of
more established property buying destinations.

Some of the countries covered are relatively immature where foreigners have only
been allowed to buy property very recently in their own name or in some cases by
setting up a company incorporated in that country. Many have already witnessed
something of a price explosion, increasing by anything up to 50% over the last two
years. All the vital signs are that prices in the main will continue to rise for the
simple reason that Eastern European properties in particular are still comparatively
low in price. Also, whilst some have already joined the European Union, others have
not - a factor that historically has fuelled price rises in those countries as they
get closer to and achieve entry.

Many countries profiled are experiencing large amounts of inward investment
attracting interest in their property markets by both ex-pat businessmen and the
local market as well who find that they themselves have become wealthier as a
result, combined with the low cost of living that exists in many of the locations
covered and the emergence of a stable mortgage market.

In certain cases the natural geography of a country is fuelling growth in the
property market. Bulgaria for example has attractive skiing destinations with high
altitude resorts and plentiful snow. It is also applying to host the winter Olympics
in 2014. You can currently buy an off-plan apartment in one of Bulgaria's premier
skiing resorts for around £50,000. The same apartment in France would cost
substantially more. The same applies to those countries with as yet unspoilt coast
lines and beaches facing the Black Sea or the Adriatic.

The advantage of buying property off plan is that the build cycle can be anything up
to two years and with staged payments over the period. The expectation that property
prices will continue to grow combined with the lower deposits initially required
with buying off plan property affords the buyer less initial risk and the
opportunity to, if required, sell on either before or after completion at a higher
price.

www.offplanproperty.info is owned and operated by Off Plan International Ltd, a
wholly owned subsidiary of Balkan Holdings plc which in turn is a holding company
with diverse business interests in Eastern and Central Europe. Balkan Holdings plc
are also the owners of My Bulgaria Ltd who operate the hugely successful site
www.mybulgaria.info aimed at those buying, or thinking of buying, property for sale
in Bulgaria.

Press Contact: Chris Northam
Company Name: Off Plan International Ltd
Email: sales@offplanproperty.info
Phone: 00 44 1483 532984
Website: www.offplanproperty.info


Web Site = http://www.offplanproperty.info

Contact Details = Off Plan International Ltd
100 High Path Road
Guildford
Surrey
GU1 2QP
tel 01483 532984
fax: 01483 532990
email: sales@offplanproperty.info