Bulgarian Property - Bansko Or The Beach For Investment Property? 19/03/2008
As authorities in Bulgaria prepare to debate legislation on the Black Sea building regulations. Bansko gains momentum. Bulgarian property is still gaining momentum. The number of Britons buying Bulgarian property in 2005 rose by 77 per cent on the previous year. With the promise of E.U. entry in 2007 or 2008 and flight increases to regional airports, and analysts' expecting a 15-20 per cent rise over the next year, demand is set to soar even more. However according to some property abroad experts, the outlook for investment property in some of Bulgaria's Black Sea Coastal resorts, may not be as viable as some investors had hoped Some property abroad experts are warning investors against the risks of buying Bulgarian property along the coastline. Locations like Varna and Sunny... more

Investing Abroad Could Be Lucrative 16/05/2008
British investors have been told that the current downturn in the property market could make a foreign investment a better option. The Telegraph stated that house prices in the UK are currently falling and are not likely to increase significantly in the foreseeable future. By contrast, it stated that many foreign countries are seeing considerable growth in their housing markets, which means that properties are appreciating in value. As some of these places also offer much cheaper housing than the UK, investors could be able to snap up a cheap property and sell it on at a profit. This means that many of those who have been priced out of the domestic housing market could find themselves able to afford a deposit for a British property. The Telegraph commented: "UK property prices... more

Eastern Europe To Benefit From Weak Pound 14/04/2008
The tourist trade in eastern Europe could be set to benefit from the weakening pound, an expert has suggested. According to Helen Warburton of the Post Office, many consumers in the UK are looking outside of the eurozone because the currency is now much stronger than the sterling. In fact, the pound has now fallen to a record low against the euro, which means people face much higher costs if they visit countries such as Italy, Spain or France. Ms Warburton told the Daily Mail that there have been "significant increases" in the cost of popular purchases such as food and drink. Therefore, holidaymakers are opting to visit destinations with more favourable exchange rates, such as Bulgaria. Speaking to the newspaper, Ms Warburton said: "People are looking for destinations where... more