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”.
Waterfront locations were a good choice for buying Bulgaria property, as were cities and ski resorts, he said. However, he added that providing investors do everything properly and “have not bought in a daft area where if you are unlucky something silly is going to happen”, they should see a return on their investment.
Bulgaria is now where Spain was ten years ago with lots of bulgaria apartments and homes going up, Mr Hill advised, meaning that it was not a destination for those looking to make an extremely quick return on their Bulgaria property investment.
The country has seen a boom in popularity in recent years as a ski destination, offering all-round appeal for families, couples and groups, according to holiday company Neilson
Source: News.bg