Well all home owners and second home owners in Bulgaria have a right to be Cheerful as reports in the Financial Times recently indicated that due to High European Investments and High Local Investment, Bulgaria has shown fantastic resilience to the current credit crisis facing other countries such as America and Britain.
Bulgaria is definitely a sound investment which has been proven time and time again due to the amazingly cheap prices of investment property. Bulgarian Property is the least expensive in all Europe. Reports have shown that a Bulgarian property bought in April 2006 for £5,000 {yes that’s how little a property and large plot of land can cost} could now resell for approximately £7500.
Statistics have shown that it is Russia, Romania, Poland and Ukraine that are investing most in Bulgaria recently and have now overtaken the American, British and Irish Investors who were the first to put down roots and invest in this amazing country.
The slight down turn in investors from the UK, Ireland and America is understandable due to their current situation, they are being prudent, but as any sound investor would agree now would be the best time to invest, I know you are probably sick of hearing about how cheap and fantastic Bulgaria is, because every body and their fathers are talking about it, well I rest my case the Majority Rules and facts speak for themselves.
The property prices in Bulgaria have benefited from a 13-18% rise this year alone and yet still remain 20-30% cheaper than any other country in Europe. The financial outlook for Bulgaria’s future is very favourable indeed.
The fact remains that Bulgaria has so much to offer a Property Investor with its outstanding scenery, low cost living, high rental returns, high returns on income invested, fantastic beach and ski resorts and last but not least the Weather!!!
Bulgaria is definitely a sound investment which has been proven time and time again due to the amazingly cheap prices of investment property. Bulgarian Property is the least expensive in all Europe. Reports have shown that a Bulgarian property bought in April 2006 for £5,000 {yes that’s how little a property and large plot of land can cost} could now resell for approximately £7500.
Statistics have shown that it is Russia, Romania, Poland and Ukraine that are investing most in Bulgaria recently and have now overtaken the American, British and Irish Investors who were the first to put down roots and invest in this amazing country.
The slight down turn in investors from the UK, Ireland and America is understandable due to their current situation, they are being prudent, but as any sound investor would agree now would be the best time to invest, I know you are probably sick of hearing about how cheap and fantastic Bulgaria is, because every body and their fathers are talking about it, well I rest my case the Majority Rules and facts speak for themselves.
The property prices in Bulgaria have benefited from a 13-18% rise this year alone and yet still remain 20-30% cheaper than any other country in Europe. The financial outlook for Bulgaria’s future is very favourable indeed.
The fact remains that Bulgaria has so much to offer a Property Investor with its outstanding scenery, low cost living, high rental returns, high returns on income invested, fantastic beach and ski resorts and last but not least the Weather!!!
UK Pensions, Winter Fuel Payments and other Social Security Benefits are still paid while living or searching for work in Bulgaria.
More information on this can be found at the Governments Website
Low Cost Investments in Bulgaria
Bulgarian Property Specialists, Bis Perth
Working For Your Future
Low Cost Investments in Bulgaria
Bulgarian Property Specialists, Bis Perth
Working For Your Future
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