Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria Back to Top 10 Best Places for British Buyers
BULGARIA BACK TO TOP 10 BEST PLACES FOR BRITISH BUYERS
Date: 13/08/2011
Source: novinite.com
Bulgaria Back to Top 10 Best Places for British Buyers

Bulgaria has partly regained its popularity among overseas buyers, breaking back into the top ten most preferred real estate markets for Britons, according to a UK guide for residential property.

3.3% of all enquiries in July were directed at Bulgarian property, marking the country's return to the overseas property portal's top ten for the first time in three years, TheMoveChannel.com report said.

In the comparative list of overall enquiry volume for last month Bulgaria ranked seventh, overtaken by Brazil and followed by Turkey.

"As the Euro debt crisis continues, people are looking for bargain investments and holiday homes at low costs. Bulgaria's real estate sales have been improving all year, with buyers attracted by exceptionally low prices for winter property, so it's no surprise that interest has increased," commented the portal's director Dan Johnson.

The most popular destinations for a place in the sun overseas remain the same, with Spain staying in the top spot for a second month running. Together with France, USA and Portugal, the traditional destinations account for over a third of all property searches from buyers interested in property abroad.

Owning a second home abroad was once the preserve of the super-wealthy, but in the past decade a heady combination of TV property shows and cheap mortgages has convinced an estimated half a million Britons to buy their own place in the sun.

The value of UK-owned foreign property investments peaked at GBP 58 B in 2008, up from GBP 10 B in 2000.

Recently however British owners of second homes overseas, including Bulgaria, have been selling up due to falling rental income.


Topic: Real Estate



Featured District
YAMBOL DISTRICT AND CITY INFORMATIONYambol
Invest Bulgaria Charts
Public Sector External Debt of Bulgaria
Public Sector External Debt of Bulgaria

See all charts
Did You Know?
Cost of Construction in Bulgaria
Cost of Construction in Bulgaria
Cost of construction is about 4-5 times cheaper than the one in Western Europe ... More

Arbanasi is an architectural reserve situated 4 km from Veliko Turnovo. The village is a museum of cultural heritage. Some of Arbanasi's churches, monasteries and houses are under UNESCO protection for world cultural heritage.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members