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Full Version: Why Choose Bulgaria For Property Investment
House Price Crash forum > Investment > Overseas property investment
valko
Bulgaria is a country of immense variety, both geographically and culturally. As a destination, the country has received widespread recognition within the last couple of years. Although Bulgaria is fast becoming one of the most popular countries for tourism, there are still many locations that have not yet been discovered – so if you are looking for an up and coming resort, this could well be the country to start your search.
Also Bulgaria’s full potential has yet to be fully recognised or achieved. With the economy growing at 6% per year and unemployment falling fast (just 12% currently), Bulgaria’s economy is quickly integrating into the EU prior to its anticipated membership in 2007. Internal investment continues apace with international organisations predicting continued economic prosperity for the foreseeable future.
Initially the interest from International investors in the property market was generally concentrated in the coastal beach resorts of the Black Sea. Now as the market has developed and matured there is an ever-increasing variety of property becoming available which appeals to the differing interest and needs of international buyers. If you are looking to invest in property in Bulgaria the best location is villages near the Black Sea Coastal Resorts.
We are pleased to offer you houses in Bulgaria at very attractive prices. Where else in Europe can you find a freehold property for under £3000?
Our properties are exclusive to us and we have holding agreements with the owners. Prior to listing we have established the ownership, checked the title documents and made enquiries with land registry for all properties on our site. For further information please contact us on http://www.bulgarianproperties-bulcheapland.com/
markinspain
QUOTE (valko @ Nov 12 2007, 03:17 PM) *
Bulgaria is a country of immense variety, both geographically and culturally. As a destination, the country has received widespread recognition within the last couple of years. Although Bulgaria is fast becoming one of the most popular countries for tourism, there are still many locations that have not yet been discovered – so if you are looking for an up and coming resort, this could well be the country to start your search.
Also Bulgaria’s full potential has yet to be fully recognised or achieved. With the economy growing at 6% per year and unemployment falling fast (just 12% currently), Bulgaria’s economy is quickly integrating into the EU prior to its anticipated membership in 2007. Internal investment continues apace with international organisations predicting continued economic prosperity for the foreseeable future.
Initially the interest from International investors in the property market was generally concentrated in the coastal beach resorts of the Black Sea. Now as the market has developed and matured there is an ever-increasing variety of property becoming available which appeals to the differing interest and needs of international buyers. If you are looking to invest in property in Bulgaria the best location is villages near the Black Sea Coastal Resorts.
We are pleased to offer you houses in Bulgaria at very attractive prices. Where else in Europe can you find a freehold property for under £3000?
Our properties are exclusive to us and we have holding agreements with the owners. Prior to listing we have established the ownership, checked the title documents and made enquiries with land registry for all properties on our site. For further information please contact us on http://www.bulgarianproperties-bulcheapland.com/



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john84
Bulgaria is also a good place to spend a holiday. Everything is still cheap - But for how long? Before you invest it is best just to travel around. You can stay in 3 star hotels for less than 30 BG Levs thats about 10 British pounds! A good website to find out all about Bulgaria is http://www.hiday.net/
kingsgate
If you like going there, a lot, and you go and buy a dirt cheap old place and fix it up, then fine. You have a holiday pad for less than a snazzy car.

But: there's all these brand spanking new holiday developments going up, which, although cheaper than Spain, say, are not cheap for Bulgaria.

They SEEM cheap to Brits and Germans. Who are all buying them on the basis that "they will double their money in a few years".

Well maybe.

Problem is, there seems no limit to how many of these are being built. Try selling your secondhand one when you are competing with another brand-new block down the road, whose developers are offering "free deposit", "free legal fees", "free kitchen appliances", etc etc. All these things get added into the price by the developers and so you overpay. These places seem hassle-free to buy cos they are new and everything is done for you.

I think that its a gold-rush, and as usual, the only people who make money in a gold-rush are the people selling the picks and shovels - in this case, the developers, NOT the people buying off-plan to make "money for nothing".



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