Bulgaria is still a preferred country by the British for the purchase of real estate, despite negative publications in the media, shows data of Asta Bridge Company. The percentage of Bulgaria real estate purchased by foreigners is 29%, from which 66.87% are by British people. US citizens make 6% of the Bulgaria real estate deals followed by the Germans with 4% and Italians – 3%. New for the Bulgarian real estate market are citizens of Spain and Malta who look mainly for lands for building. Read more…
Bulgarian Property & Real Estate News
First-Time UK buyers opt for Bulgaria Property
Bulgaria Property, Turkey and northern France are the current hotspots for British first-time buyers overseas, reports The Observer. “You can buy a one or two bedroom bulgaria apartments for around GBP 60,000 in Bulgaria and you can still get houses for GBP 60,000 to GBP 80,000″ says the managing director of overseas mortgage specialist Conti Financial Services. Because of the price difference bulgaria property and bulgaria apartments are becoming increasing popular with first time buyers. Read more…
Bulgarian properties: EU Accession Drives Prices Up
Prices for Bulgarian properties rose by 10% in the first two months of this year after the country’s accession to the European Union, daily 24 Hours reported on Tuesday. The demand for bulgarian properties continues to grow, driven by the increasing number of young people looking to buy housing, while supply is limited. The trend surprised Bulgaria real estate insiders, who expected prices to stabilize after accession. Read more…
Bulgaria Property – A Great Investment for those who can wait
Bulgaria property can be a great investment as long as buyers are prepared to wait for their property to appreciate in value, media in the UK claim. Director of Bulgaria property firm Knight International Jon Hill said that while it would take a few years for Bulgaria apartments and homes to appreciate, prices seemed to be moving up all the time.Although people should consider their individual circumstances when choosing where to buy, those buying merely for investment purposes could consider purchasing in Sofia or Borovets, he advised, as this was “an extremely good place to buy Bulgaria property at the moment”. Read more…