Bulgarian Real Estate - A good investment?
Making money from your new Bulgarian home
Property in Bulgaria - An Enviable
Investment by : Surrinder Ahitan
Why the sudden focus and heightened
interest on property in Bulgaria? We know the reasons why, and
that's because we've done extensive research on this former
Communist country that is suddenly coming out of its shell -
literally.
As restructuring continues at a frenetic pace
in Bulgaria's economic and political arenas, something wonderful is happening in
the property market; investors from the UK, Greece, Scandinavia and other
European nations are turning their heads to this part of this world which is yet
largely unexplored. Keen buyers of property in Bulgaria are drawn to this
beautiful enclave, which certainly has everything to offer.
Our own personal interest in Bulgaria took us
there, and we learned about the pitfalls to avoid and the dividends that can be
reaped with the proper moves. We've bottled and packaged that lengthy experience
and diligent research for you. We'll inform you and clarify any questions, and
not push you into a corner and force you to buy, the way too eager real estate
agents tend to do. Buying property in Bulgaria because of promising city centres
like Sofia, Varna and Bourgas - not to forget Plovid - that throb with dynamic
commercial potential? Or are you attracted by the still relatively low cost of
property in Bulgaria, unlike some exorbitantly-priced properties in Spain and
Portugal? This is where Bulgaria comes to the rescue, cost-wise.
Purchase and renovation costs are reasonable,
where investors can expect investment yields on their Euros of as high as 7%-8%,
depending on the region and the property.
Looking for value and natural beauty to
accompany your investment? Take a tour of Bulgaria's ski resorts - like Bansko,
Borovets and Pamporovo and see why skiing enthusiasts have graced the country's
slopes in increasing numbers.
Golf development property is also in the
pipeline, not to forget summer beach properties that are still up for grabs in
Sunny Beach, Golden Sands and Nessebar.
And if you prefer history and go for village
life, property in Bulgaria abound, because these pockets of land have not yet
been fully exploited by investors.
Don't be left out of the Bulgaria property
fever. Take a closer look and see why one and two bedroom units in ski and beach
areas and off-plan properties offering 10%-15% discounts constitute attractive
options for the investor.
About the author
Surrinder Ahitan's website
Bulgarian-Property-Advice.com
provides detailed information and advice on the most lucrative areas to
invest in Bulgaria. You will learn how to get around, get a flavor of the
language, history, culture and more.