Saturday, July 7, 2007

Now there’s a suprise – NOT!

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 (477 views)
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3 thoughts on “Now there’s a suprise – NOT!

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

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

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  • Ihopeitgoeswithabang says:

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

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