Our company highly recommends security system & insurance for your home or business property. Purchasing Bulgarian property, either for income or as a home for your family, can be a good investment. Century Homes can provide up-to-date cover with ALLIANZ that's easy to understand and easy to arrange. You can save time, and maybe even some money, by asking your Westpac business banking specialist to pre-arrange your insurance cover at the same time as you are buying the property. The advantage of this is that you've got peace of mind from knowing the insurance can be in place at the same time as you take possession of the property. The key step for making the process easy is to ask for a 'Valuation for Insurance Purposes' when you are getting the valuation for the property you're buying. This will mean that your premium will be based on the physical building and related costs, which can be substantially different to the market price. Older single story properties in the center of major cities are a good example of this. Often they occupy sites that have the potential for redevelopment into retail shopping outlets with high-rise office and/or accommodation above. The commercial value and investment yield of the property is likely to be based on this potential, not the actual value of the old and low cost building materials. Century Homes also offers life, health and casualty insurance, as well as pension funds products, with ALLIANZ.
