Bargains galore in Bulgaria
Real estate investors are returning to the eastern European country of Bulgaria according to property specialists Imagine Overseas.
Massive price cuts along with all the other benefits the country has to offer has seen property sales climb over recent months. While British investors have been scarce in the wake of the recession Russian buyers in particular are keen to take advantage of the huge discounts offered by local developers.
Many new luxury developments are on offer for bargain basement price often with no deposit needed and the property price includes full management costs.
Buy to let property investors are moving back into the ski fields region popular with holidaymakers and ski units are changing hands for around E23,000. Selling agents expect the recovery to gain momentum as the year pans out and investors once again come calling.