Rural house with big garden - ID 2817

British Property Seekers See Bulgaria As Fourth Most Attractive Destination 12/03/2008
Bulgaria ranks fourth among the destinations where British prefer to buy property. Increasing number of British looking for a second home abroad preferred places with sunny and warm climate, the Government’s Survey of English Housing said as quoted by The Guardian. Over the past 10 years the property British citizens bought abroad increased by 300 per cent, BGNES news agency reported. Until recently Spain and France ranked among the most preferred property purchase destinations. A new tendency was noticeable. British were now looking for property in countries like Bulgaria, Romania, Hungary and the Czech Republic. British property seekers saw the purchase of a house abroad as a personal investment. The report said that nearly two per cent of all British owned property in... more

Eu Entry Turns Bulgarias Resorts Into Hot Property Areas 12/03/2008
After Bulgaria’s EU accession the country became more than an attractive destination for holidaymakers. In addition it attracted an increasing number of foreigners keen on buying property, Deutsche Presse-Agentur (DPA) reported. Holiday homes worth from 400 to 2000 euro per sq m were ‘very attractive’ for foreign purchasers, DPA said. Some apartments located near the beach or ski lifts reached prices unseen before Bulgaria’s EU accession on January 1 2007. The prices went up by nearly 30 per cent just in the year before the country’s EU entry. A number of foreigners had already purchased property in Bulgaria some years ago only to sell it and make profit, DPA said. Others bought houses with gardens planning to settle in the country. Entire English villages, where all the... more