Author : Manjeet Singh In addition to seeking out a Bulgarian property for sale for personal or family use, there are a number of people who are interested in finding a Bulgaria house for sale for investment purposes. In other words, these people want to purchase a Bulgarian property for sale, hold on to the property for a moderate amount of time (perhaps leasing it out during the period of ownership) and then they desire to sell the residence for a profit. The overall Bulgarian real estate market has become increasingly attractive for investors in all sectors -- industrial, commercial and residential. Indeed, when it comes to a Bulgarian property for sale, housing prices on average in the country are rising at a rate of about twenty to twenty-five percent per year. Therefore, if a person were to make the purchase of a Bulgarian property with the intention of holding for ultimate resell, he or she likely will make tidy profit in a short amount of time. In the immediate future, the Bulgarian real estate market is expected to remain hot and vital. This includes the sector of the market that includes the proverbial "Bulgaria property for sale." Residential property is expected to increase in value at the present rate through at least the end of the decade according to most financial analysts involved in Bulgarian economy. Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to real-estate, do please browse for more information at our websites. |
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Bulgaria is currently the hotspot of property investors with its post-communist era market policies coupled with the beautiful coastal scenario and wonderful weather.
The living cost is one of the lowest in Europe which gives the foreign tourists to buy property at reasonable prices. Property investments in Bulgaria show a record increase in sale mainly because of the steady inflow of tourists which guarantee rental returns on property. Payment plans are also attractive and assures you easy purchase.
There is significant rise in the price of real estate property over the past few years following the steady increase in demand. As the economy head towards more positive trends, individual property investment has become ever more lucrative.
After its imminent inclusion in the European Union and the investor friendly market trends, property investments in Bulgaria will continue to become increasingly popular amongst the other European countries.
Research shows that buyers from the UK rank highest in purchasing immovable property in Bulgaria and this trend will reach almost a peak by 2016. The French, Russian, Swiss property investors are also not far away with their keen interest in investing in second homes in the country.
The government is also trying to boost foreign property investments in Bulgaria by endeavoring to mete out the same treatment to other European and American companies like those of their country who are investing.
The seascape against the Black Sea and the natural beauty of the region has added more worth and value to property investments in Bulgaria. The weather makes it convenient to invest in beach and ski resorts. The villas, castles and stone houses in the country give you a flavor of the region along with lucrative property investment!
Submitted by: Moutushi Banerjee