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By: Nickolay Dobrev
While buying property for sale in Bulgaria, and especially when it comes to brand new developments, often marketed off-plan, most British investors are “seduced” by the rent out options of 8-10% annually. The truth, however, is yet to be discovered as few Bulgaria property developments can actually boast realistically such percentages, the majority still being quite doubtfull in their proof of viablity. The following text is the first of series of articles exploring the possibilities for renting out in a market where buy-to-let has been unknown till very recently.
The nature of the Bulgaria property market is very dynamic as the market itself is quite young (roughly 15 years old in its present shape) and as the sellers still dictate its bias. Looking from the stand point of the developers and their agents, or simply from the stand point of the home owners, the recent leap of the prices is the major driving force when it comes to whether to sell, build or both. Combining the popular in Britain menatality of investing for renting out with the local desire for quick profits, many sellers and developpers are tempted to promise unrealistic figures. Aside from few regions along the Black Sea coast and in the mountain resorts, the rest of the country cannot offer even fraction of the easily promissed bombastic returns on investment. Looking deeper into the Bulgaria property market, even the Black sea coast developments are dubious and contingent on too many unknowns.
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Tags: Bulgaria, Bulgaria property, Bulgaria tourism, Bulgaria Travel, Bulgaria travel notes
By Guy Marlow
Many people wish to travel Bulgaria in this day and age although these same people knew nothing about this wonderful country five years ago, so what is it that makes holiday makers and travelers want to travel Bulgaria so much.
Bulgaria may only be a small country hidden away in south east Europe on the border where east meets west but it is also a country that is steeped in history, culture, wonderful landscapes and amazing people.
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Tags: Bulgaria, Bulgaria property, Bulgaria tourism, Bulgaria Travel, Bulgaria travel notes
By : surrinder Ahitan
If you are interested in houses in Bulgaria, you are entering a buyers’ market. At this point in time, there literally is a real estate boom within the country through which the market is flush with houses for sale in Bulgaria.
When it comes to houses in Bulgaria that are on the market at the present time, many people want to purchase property in an urban area. In this regard, when it comes to Bulgaria home sale options in the larger cities in the country, there are a number of viable options available to people on the hunt for houses in Bulgaria.
Over the course of the past decade, a number of the more historic, grand properties in cities in Bulgaria have been subjected to serious and significant renovation. As these splendid residences are being restored to their traditional splendor, they are also being updated with the latest and more modern accoutrements available today.
While the prices associated with these historic houses for sale in Bulgaria are climbing, a person interested in owning and renovating such a residence can obtain such a property for a reasonable price at the present time.
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Tags: Bulgaria, Bulgaria property, Bulgaria tourism, Bulgaria Travel, Bulgaria travel notes
By : surrinder Ahitan
In addition to seeking out a Bulgarian property for sale for personal or family use, there are a number of people who are interested in finding a Bulgaria house for sale for investment purposes. In other words, these people want to purchase a Bulgarian property for sale, hold on to the property for a moderate amount of time (perhaps leasing it out during the period of ownership) and then they desire to sell the residence for a profit.
In point of fact, some people are able to make good money through the process of making the purchase of a Bulgarian property and then reselling the property after the passage of a reasonable period of time.
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Tags: Bulgaria, Bulgaria property, Bulgaria tourism, Bulgaria Travel, Bulgaria travel notes
