BULGARIA / IREM insider
BULGARIAN SPECIALISTS HAVE A STRONG DESIRE TO CONTINUE THEIR REAL ESTATE EDUCATION, PARTICULARLY THROUGH IREM COURSES, TO EARN THE PRESTIGIOUS CPM DESIGNATION.
new concentration on the conditions and services in existing buildings and how they may be improved.
While office and retail management has become a mainstay to Bulgarian real estate, residential management
has lagged somewhat. In gated communities populated
by modern and wealthy inhabitants, upscale amenities
such as security, playgrounds, fitness centers and swimming pools require professional third-party management. However, in other areas, management-fee collection is still a serious problem due to the absence of such
traditional practice in Bulgaria, where individual buildings are managed mainly by the house managers and
house committees elected by residents of the building.
The nascence of the industry, coupled with the eco-
nomic issues that have plagued Bulgaria in recent years,
helped FIABCI-Bulgaria recognize the need for special-
ized training in the field of property management. FI-
ABCI-Bulgaria has teamed up with IREM to introduce
the CPM designation program in Bulgaria, creating the
proper climate for educating people on the importance
of property management, bringing the skills and knowl-
edge to Bulgarians already active in real estate.