Disillusionment with the quality of life in Britain, the cost of living and “Nanny-state” are the reasons most people cite for leaving the country, a survey has found. According to a recent survey for Quest Bulgaria, English language monthly magazine about Bulgaria and property in Bulgaria, people are shifting from buying holiday home property in Bulgaria and opting for a permanent move there. And it’s happening four times faster than in France.
The move, led by the under 50s, shows a rapid trend away from the ski resorts and the sun-kissed beaches to rural areas, with more than half of all buyers looking at property in Bulgaria opting for the country life.
A huge 52% of all buyers are intending to purchase in rural areas, double the number of one year ago. With only 20% for ski and 23% for coast, the turn-round in where buyers are heading is significant. Purchasers feel they can get a lot more for their money in the country areas.
Few people at first looked to Bulgaria as a permanent base, but in the last couple of years the numbers are growing rapidly: 56% of respondents said their reason for buying property in Bulgaria was for a permanent move. Some young couples are even taking their children and educating them in the country.
More than half (52%) are also opting for older properties with just 29% now preferring off-plan or new build options. In this year’s survey of more than 2,000 people, the 30 to 40 age group have gained ground with an increase of over 20%. The previous year 55% of the buyers were in the group of over 50s
Source: Novinite