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Bulgarian Property & Real Estate News

Bulgarian real estate still popular with UK and Irish investors

 

Bulgaria continues to be one of the favourite countries for UK real estate and property investors. Altough there has been some recent negative comments regarding corruption in Bulgaria, British real estate buyers are continuing to invest in Bulgaria.  Last year almost 30% of Bulgarian real estate deals have been concluded by foreigners, with UK buyer reaching 30% of the total. American buyers are involved in just over 5% of the Bulgaria real estate deals with the Germans and Italians next in line.

When it comes to land and office buildings there are more buyers from the Spanish and Maltese markets. Mostly these buyers are guessing that Bulgarian real estate prices will increase in the next few year so they buy mainly based on expected growth rather than rental yield. A large amount of their purchases have been based around the ski resorts of Borovets and Bansko. Irish investors are also buying a large amount of property in Bulgaria. The Irish and UK buyers mostly buy in the coastal resorts along the Black Sea.

If you are looking for Bulgarian real estate or off plan property in Borovets look no further than Concept Bulgaria.
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