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

1. paul said...

Well then I just hope the Bulgarians got something out of it while it lasted.

Sunday, July 8, 2007 11:24AM Report Comment
 

2. Pink said...

Awful country with disgusting infrastructure, corruption and a lot of gypsies. But Romania is the same.

Sunday, July 8, 2007 03:10PM Report Comment
 

3. Ihopeitgoeswithabang said...

Anyone who thought that serious money could be made out of Bulgaria must have needed their heads examined.

Sunday, July 8, 2007 07:46PM Report Comment
 

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies