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. Officials define them as real estate speculators, as they aim at the best gain and not the best purchase. The biggest interest was recorded in the purchase of land in the mountain resorts. Among UK citizens, it is the Irish who buy the most property in Bulgaria, the survey revealed. The British usually buy studios or small apartments at the Black Sea coast and pay for them between EUR 50 000 and EUR 100 000.
Source: Sofia News