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Did the English forget about the Bulgarian property market

Although much lower the interest from English property buyers in the Bulgarian property market and the investment opportunities in Bulgaria still remains.

This was announced by Kelar Nesling, operational director of the British mortgage broker Conti.

According to her words these are mainly property buyers who already own one property outside the United Kingdom and the process of buying a property abroad is not something new for them.

Most of these property buyers are buying speculatively to rent out or for their own use.

The British buyers who almost disappeared just after the beginning of the financial crisis, were the main property investors on the Bulgaria property market during the years of the boom in the property sector.

According to information provided by Conti, Bulgaria is still in the top 10 among the foreign destinations to which the British express interest. Despite this the interest is much lower during the last year.

In total 3% of the requests to the company from January till August are for Bulgaria.