Archive for March, 2008

by Surrinder Ahitan

What would you say if I told you that right now you could buy a house in Bulgaria for less money than you thought? One of the first questions that may cross your mind is, “why would I want to buy a house in Bulgaria?”The answer is simple. Property in Bulgaria is some of the most inexpensive land in the European market. To top it off, Bulgaria is beautiful-with crystalline water and beautiful beaches and ski resorts. Bulgaria is being touted as a new tourist hot spot!

All Rights Reserved – Dario Traveso

Yes, it’s true. Bulgaria used to be a country that you didn’t want to visit. That is no longer the case. Now, investors are buying houses in Bulgaria to make money off of the new tourist boom. The reason you should buy a house in Bulgaria is the same…it’s cheap; it’s affordable living and the area is beautiful with temperate weather. What more could you ask for? You can buy a house in Bulgaria today for less money than you could in any other European country.
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by Tina Andlaw

World Officials predict that Bulgaria´s Property Boom is Set to Last”
Many investors are focusing their attention on Bulgaria where some of the most exciting real estate prices are still on offer. With so many temptingly cheap properties still to be found, how could you resist snapping one up?

Are you tired of the poor value for money you are getting back home? Bulgaria is the name hot on the lips of many a shrewd British investor, making the most of the great deals still available.

There is no doubt that, invested in the right location, good money is now to be made in Bulgarian property and if you decide to invest there.

The Facts:
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by Steve Avery

The phenomenal interest in Bulgarian property shown by shrewd buyers during the last two years has been compounded by a sudden surge in golf course development.

At the present time there are only three golf courses in the whole of Bulgaria: one at Elin Pelin, near the capital, Sofia, and two owned by Air Sofia. These are located at Ihtiman, opened in 2000, 40km from Sofia, and at Sliven, opened in 2004, 90km from the Black Sea.

Because of the increasingly rapid rise in foreign interest in Bulgaria recently, several more golf courses are proposed. One of these will be located at Razgrad, in the north-east, about 90km from the Black Sea. More are scheduled to open in the next few years: two at Kavarna and one at Primorsko, near Sozopol.

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by Ewan McGarrie

Property in Bulgaria is a strong favourite with British overseas property buyers who have been buoyed by the potential for high capital appreciation. Whilst there has been undoubted capital growth, 42% in 2005 according to international surveyors Knight Frank, the property market had its problems like any developing country should therefore be treated with caution.
Some of the property in Bulgaria has been of a sub-standard quality and property rental potential has been overblown. Overseas property buyers have invested predominantly in the areas of Bansko, Sunny Beach and Sofia. In the main, these areas have been overdeveloped where supply outstrips demand. The prices of many properties in Bulgaria are out-with the budget that can be afforded by local residents and are reliant on overseas property buyers who buy for investment or lifestyle reasons.

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