|
|
Home >
Overseas Property News
|
Bulgarian property investment woe
Country: Bulgaria
14 May 2008
Bulgaria’s property market continues to face testing times, as it reaches saturation point and an oversupply of residential stock.
A growing number of Brits are finding it difficult to offload their Bulgarian properties , due to the fact that supply is far exceeding demand.
An added problem is the fact that many Bulgarian locals have been priced out of buying Bulgarian properties at the top end of the market, and so prospective vendors are reliant on selling to foreigners.
However, the number of overseas nationals – Brits in particular - buying property in Bulgaria has dropped significantly over the past year or so, as Bulgaria is by and large no longer perceived to be an emerging property market.
Paul Owen of the Association of International Property Professionals said: “It has had a free rein as the emerging market for a couple of years but nowhere (in Bulgaria) is there an emerging market.”
Furthermore, research conducted by property analysts shows that Bulgaria’s economy faces uncertain times.
In 2007, foreign direct investment (FDI) rose by 30% compare with 2006 yet, it only accounted for 92.1% of Bulgaria’s current account deficit, compared to 110.9% in 2006.
Some properties in Bulgaria
|
|
|
|
Price: £3,211
|
Type: House
|
Bedrooms: 3
|
|
|
Cheap rural house with good development potential, located 45km away from Veliko Tarnovo!
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,219
|
Type: House
|
Bedrooms: 2
|
|
|
Two-storey house set in the village of Maslarevo, 18 km from the town of Polski Trambesh and 45 km away from VelikoTarnovo. It is a well-organized place close to a main road. The house spreads over 75 sq.m. living area distributed on two floors.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,219
|
Type: House
|
Bedrooms: 3
|
|
|
Detached rural house located in the village of Maslarevo, 18 km from the town of Polski Trambesh and 45 km away from VelikoTarnovo. It is a well-organized place close to a main road. The house spreads over 100 sq.m.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,622
|
Type: House
|
Bedrooms: 2
|
|
|
The house is situated in open countryside position approximately 45 km. from Veliko Tarnovo and 17 from Strazhitsa.This delightful area provides an excellent opportunity to enjoy living amongst peace and quietness.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,622
|
Type: Bungalow
|
Bedrooms: 4
|
|
|
This fantastic value property is situated in a sought after village, located on a short 15 min drive from the main city of Dobrich, which provides all the amenities for a modern contemporary European city.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,622
|
Type: House
|
Bedrooms: 2
|
|
|
This lovely property is located in a very small village set in beautiful area 15 to 20 minutes drive from the main town of General Toshevo, Dobrich region.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £3,688
|
Type: House
|
Bedrooms: 1
|
|
|
Ref No:NS-ust14
Location:near Elhovo
Living area:50
Garden:800
Floor:1
|
|
View details | Enquire further
|
|
|
|
|
Price: €185,000 Bedrooms: 4, 2 ensuite showers Private sauna, garden, terrace. Metres from Super Borovets ski gondola & golf course. Surrounded by pine forests.
More
|
|
|
