Property Investment Bulgaria

Overseas property investment offers everyone the opportunity to have holidays in the comfort of their own holiday home as well as earning money from capital gain and property rental. More and more people are now viewing overseas property investment as a safer bet than a pension, and with the volatility of the stock markets, who can blame them?

Due to over inflated property prices around Europe there is a growing trend for people to purchase a property in Bulgaria. The economic climate there affords the ownership of lavish mouth watering properties. Added to this, more and more tourists view Bulgaria as a location that offers fantastic value for annual holidays, with the average price of a pint of lager being 80p.

In the next 10 years Bulgaria is expected to move from being a developing country to one of worldwide appeal. With its mountain scenery, mineral spas and miles and miles of beautiful sandy beaches there is no wonder. In terms of all round beauty, Bulgaria is hard to match anywhere else in Europe.

If you are considering property investment in Bulgaria you need to make sure you choose the right building in the right location. Choose wisely now and your investment will be maximised in the future. Following the crowd is not necessarily the best tactic; this was seen in Bulgaria’s Bansko region where thousands of British investors made impulsive purchases and the area is now very over developed. A bit of market research would have highlighted this problem. A better choice may have been the mountain and ski area of Borovets as it is protected from over development. The area is less populated, it houses the Ibar Golf and Spa complex, when open next year (2009) will be Bulgaria’s first Nicklaus design PGA standard course. There is also the Super Borovets project that is expected to transform the whole region in the next 5 years.

If you are considering a property purchase in Bulgaria, but are unsure what area would suit you best, simply give us a call today, we have been working in the Bulgarian property market for many years now and our helpful nature is the ethos on which our company was founded.