II. Financing

Piraeus bank, with office in Bourgas, offers to foreignclients mortgage for buying new properties. Full status mortgage

· Up to 70% loan to value

· Term of up to fifteen years

· Minimum mortgage value of ˆ40000

· Variable interest rate of 7.5%

· Pre-approval 6 months prior to building completion

· Funds available upon building completion

· Lending is subject to status

For more information please contact us.

Piraeus Bank

Some key facts about Piraeus Bank who now offer the only mortgage product for Bulgarian property:

· One of the largest commercial banks in South-Eastern Europe

· Founded in 1916

· Privatised in 1991

· 277 total branches, 11 in Bulgaria

· Leading commercial lender to Balkan region

· Office in City of London, London

· Potential borrowers are able to liaise directly with the London office.

For further information, please contact: mortgages@piraeusbank.co.uk

Tower 42, 25 Old Broad Street, London EC2N 1HQ

Tel: +44 (0)20 7920 6000

Fax: +44 (0)20 7920 60011