Large Cheap Land - ID 1954

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

The Bulgarian Property Market Receiving More Good Press This Week. 19/03/2008
Writing for the Telegraph, Nicola Venning also pointed out that property investors can find surprisingly good deals in Spain, where Europe's most southerly ski resort can be found in the Sierra Nevada. The idea of buying a ski property in Spain may seem incongruous and many investors will understandably stick to more recognised property investment locations including the Costa del Sol and Murcia. Nonetheless, there has been a distinct shift of emphasis in recent years that has seen more people looking for niche properties in line with popular demand. While Spanish coastal resorts remain popular and UK residents have certainly not abandoned more orthodox projects in France, it is clear there is also a growing market for the slightly less predictable option. It is this impulse... more