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Bulgaria Still Best for Overseas Property Investment
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Bulgaria has been named the best destination for overseas property investment, even though its tourist hotspots are showing signs of overheating, according to a new research.
UK ranks as the best for investment returns with Bulgaria second, says the quarterly investment tracker, released by British investment firm Assetz. Making up the rest of the top five are Canada, Cape Verde and Cyprus respectively.
Bulgaria maintains a strong position in the tracker with a total of 71% return on cash invested, but Assetz advised caution to investors, especially in the tourist hotspots such as Sunny Beach and Bansko where there is a severe oversupply of apartments.
Local agents are reporting a lack of demand resulting in weak rental yields being achieved and the resale market is still unproven, the company said.
However, average prices have increased from 17.3% to 22.5% annually in June 2007, possibly due to a number of ‘prestige' developments coming onto the market.
Assets commented that the rate of growth in many countries, such as Poland and Bulgaria, could not continue at a rate of 20 - 30%, and a reduction to a more stable and realistic rate of growth was necessary. |
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Bulgarian Properties |
Cheap Properties in Bulgaria >>
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Amazing Opportunity - Bulgarian Property - More than 16000 sq.feet of Land - RUS1581
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 5900 EUR
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Quiet yearning – My Bulgarian Property - RUS6730 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 8700 EUR
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A top sea offer - Bulgarian Property near Cape Kaliakra - RUS196A
Brief: Land for sale near Balchik
Area: 4300 sq.m.
Price: 236500 EUR
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Cheap and nice property near the Danube – My Bulgarian Property – RBP24
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 21400 EUR
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More than you can imagine – My Bulgarian Property – RUS5031
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
Price: 3900 EUR
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What worths a million - land near the sea - Bulgarian Property near Cape Kaliakra - RUS1959
Brief: Land for sale near Balchik
Area: 25000 sq.m.
Price: 1000000 EUR
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The mountain’s treasure – My Bulgarian Property – RUS5030
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
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Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
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Walking in PARADISE – Property in Bulgaria - RUS1409
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 9700 EUR
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House in a village called "THE PALCE OF GOD" - Land in Bulgaria - RUS1209
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 7900 EUR
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Development land with amazing view - Bulgarian Properties - SLAND1582
Brief: Land for sale near Ruse
Area: 3000 sq.m.
Price: 9000 EUR
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The first step to your future life – RUS1516
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 14800 EUR
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Buy a holiday home near Veliko Turnovo - RUS1401
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 9800 EUR
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One sweet day... - RUS1254
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12000 EUR
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