Archive for May 10th, 2008

By: Jain Goodall

Many British and Irish purchasers consider buying property in Bulgaria as a holiday home but with the idea of renting it out for some of the year to help cover some of the costs. Some may be thinking of buying now and renting it for a few years with a view to retiring there later. Others, just buy as rental investment.

Any of these options can work well, and do for many, but what should you be looking for in a property you intend renting?

Location

The words location, location, location as ever apply – location is crucial. If you are looking to successfully rent your property it needs to be in a location people want to spend their holiday. Bulgaria, although not a large country, is very diverse and even though some parts are spectacularly beautiful it does not mean that tourists want to holiday there. This may be down to access – no roads or airports too far away – but will also in part be down to their lack of knowledge and familiarity with many parts of Bulgaria and what the areas have to offer.
Read the rest of this entry »

Tags: , , , ,