Saturday, Jul 07, 2007
Now there's a suprise - NOT!
Firstrung: Bulgaria is over, the country had been a disaster for UK and Irish investors
David Cosgrave, representative of Romanian real estate company, Off-Plan, reveals in a frank interview that real estate has been oversold by agents. He said that "Bulgaria is over." The country had been "a disaster for investors in the UK and Irish markets," he said, as quoted by the Romanian magazine The Diplomat. Property prices in Bulgaria "have not grown and rental yields are low."
Posted by uncle chris @ 11:44 PM (155 views) Add Comment
3 Comments
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1. paul said...
Well then I just hope the Bulgarians got something out of it while it lasted.
2. Pink said...
Awful country with disgusting infrastructure, corruption and a lot of gypsies. But Romania is the same.
3. Ihopeitgoeswithabang said...
Anyone who thought that serious money could be made out of Bulgaria must have needed their heads examined.