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Contrary to recent rumours that the Bulgarian real estate market is not so attractive to foreign investors any more, Andrew Regan, a Scottish online freelance author, comments that the Bulgarian property boom shows no signs of abating.
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Investors are particularly interested in Bulgaria, as it is believed that EU money will be spent on improving the country's infrastructure. Bulgaria has seen a great deal of political reform since the Communist era, and the government has shown solid commitment to economic improvements, with GDP growth the highest in Eastern Europe.
Economic growth has also caused a vast escalation in land values, which have risen from just 20 euro a square meter to around 350 euro in some areas. The prospect of high profits has lured many individual and business investors from Britain, Ireland and Russia to buy ski and beach chalets, which can be purchased for a fraction of the price of similar properties in more traditional holiday areas such as France, Spain, Austria and Switzerland.
The high price of UK properties and the recent rises in interest rates have also led UK investors to widen their search for better real estate deals. Bulgaria continues to excite investors as it is an emerging market that offers property at prices that are unobtainable in other parts of the world. It is still possible to pick up property for as little as 30 000 euros, a sum which would buy little more than a garage in the UK.
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Ref. No: TP01
House near resort Velingrad
ДОМА
Velingrad, , | 4 Bedrooms | 2 Bathrooms |
€ 17 000
In mountain, In SPA resort
House near resort Velingrad
ДОМА
Velingrad, , | 4 Bedrooms | 2 Bathrooms |
€ 17 000
Lovely house for sale in village of Dinkata.180
sq. meters house. 3 floors, each 60 squad meters. Big basement. First
floor consists of two big rooms, corridor and kitchen,space for
bathroom and toilet.. Second floor consists of two big rooms, corridor
and kitchen, space for bathroom and toilet. Third floor consists of two
rooms space for small storage room and bathroom. Outside you have 28
squad meters additional premises with fire place and bathroom. The
house yard is 600 squad meters with 6 fruit trees. Second and third
floors are not finished. The house is located at very pictorial region
near by one of the biggest river in Bulgaria. If you like natural
mineral springs this house is your choice. You are only at 30 km from
town of Velingrad and 35 km.from Borovets,
most preferable Bulgarian resort with many mineral springs and swimming
pools. The village is only 2 km from the EW highway. In 60 minutes you
could visit our capital Sofia driving west. If you want to go at our
Black sea resorts just take east. In 2 hours you are in town of Burgas biggest seaport of Bulgaria.
To Sell
1
Floors
3
Deal type
S O L D
Views
12
Size
180.00 sqr. m.
In mountain, In SPA resort
Your enquiry will be sent out to our dealers
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