Property investments Bulgaria: drawing the lion's share of speculative investment market.

Property investments Bulgaria: drawing the lion's share of
speculative investment market.

Author: Moutushi Banerjee

354km of Black Sea coastline, to 37,000km of hiking paths
in the mountains, to a ski scene that rivals the Alps in
beauty whilst being far cheaper, is enough to draw
property investment in Bulgaria, for residential and
speculative purpose alike. Moreover Bulgaria has one of
the most rapidly developing economies in Europe.

354km of Black Sea coastline, to 37,000km of hiking paths
in the mountains, to a ski scene that rivals the Alps in
beauty whilst being far cheaper, is enough to draw
property investment in Bulgaria, for residential and
speculative purpose alike. Moreover Bulgaria has one of
the most rapidly developing economies in Europe.

4.7% increase in the housing prices in a single quarter is
self-conclusive of the fact that Bulgaria is a hotspot
now. Many of the property investors in Bulgaria have made
up to 120% of profit within a span of two years, and
properties as a whole has drawn double the investments in
the last one and a half year.

Tourism is boosting the property investments in Bulgaria.

The ski resorts of Bansko and Borovets continue to draw a
huge amount of interest from property seekers, as it is
speculated that the tourism is going to increase 7.5 folds
within the next 4 years. This has prompted to significant
construction projects now underway to accommodate the
demand.

Investing in property in Bulgaria.

Buying a property in Bulgaria is not a very complicated
issue. Once the property is decided, good property agents
take care of securing the property exclusively for you
after the signing of the preliminary generally of sale
with the agent and payment of ten percent.

Signing the notary act can be organized in Bulgaria or
even can be done in the Bulgarian embassy in London in
front of a Bulgarian notary. In cases of planned
developments, the final notary is signed only after the
completion of the construction of the building.

Property investment in Bulgaria has been analyzed and
recommended profitable by many well-known organizations.
Bulgaria was declared top overseas property hotspot in a
London consultancy ranking that compared the total return
on cash in real estate markets.

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