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Property Seekers To Invest Carefully In Romania And Bulgaria Agents 13/03/2008
Though Bulgaria and Romania underwent recently a number of positive changes, including EU entry, foreign property seekers needed to invest carefully in the two countries, Assetz reported. Since several years both countries have been seen as property investment hotspots. Prices were going up but agents could not predict if the tendency would continue in the future, the report said.  Cultural integration and consistent growth of the tourism sector enabled Spain and France establish themselves as property hotspots in the 90s, Assetz reported. Bulgaria's tourism market also registered some growth but needed to develop further. Bulgaria managed to attract foreign tourists mainly though its winter resorts and inexpensive skiing opportunities, said the report One of the... more

What's Happening In Bulgaria’s Property Market? 09/06/2008
Following the boom, boom, boom years in Bulgaria’s property market when the country was being heralded as the next big thing in terms of ski and sunshine resort property investment for jet-to-let returns, all has been quiet of late on the Bulgarian real estate landscape and so it is time to ask the question – ‘what’s happening in Bulgaria’s property market?’ The fact of the matter is, the numbers of construction permits applied for and approved are down, property prices are down, levels of interest are down – and yet agents and constructors are still talking up the market!  Is there any point in investing in property in Bulgaria at the moment?  Let’s take a closer look. It’s true, the numbers of permits applied for for new developments across Bulgaria are down quite significantly on... more