Archive for July 1st, 2008

By: Gordon Warre

Whether for investment, second home or rental, homes in Bulgaria have found their niche in the overseas property market. The residential markets in Sofia and Varna account for the bulk of luxury homes in Bulgaria while occasional listings in other cities are the exception rather than the rule, says a market overview commissioned to local analytical outfit Industry Watch by Lux Imoti, a local real estate agency specialising in upmarket properties.

The potential for obtaining a holiday home or retirement property is outstanding, said Paul talking at an investors evening focusing on off plan developments, and retirement homes in Bulgaria.

Bulgaria continues to grow.

Bulgaria topped the table for house price growth in 2007. Bulgarian property market ‘still has potential’ There is still growth to be seen in the Bulgarian market, according to a property expert. Bulgaria is a beautiful country now emerging from dormancy. Bulgaria has worked diligently, through its government and through the private sector, to attract tourists and tourism money into that country over the course of the part five to ten years.
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