Sun, Jul 05 2009

UK BUYERS STILL DRAWN TO BULGARIA'S PROPERTY OFFERS - REPORT

Fri, Jun 01 2007 10:36 CET 227 Views

Bulgaria is still a magnet for UK property buyers, an Association of International Property Professionals (AIPP) report said.

The country ranked third in the AIPP chart of the most popular foreign property markets, UK knightfrank.com said.
 
Bulgaria's position was phenomenal, AIPP said. It held 7.7 per cent of the foreign property market.

Only traditional favourites like Spain and France ranked ahead of Bulgaria.

Agents said that investors hoping for profit from property re-sale should cool their expectations because of the oversupply, which dampens future price hikes.

AIPP said that the Spain is expected to become even more popular among UK property investors, as real estate in the country became more affordable.

US is also a future hotspot, because the weak dollar makes property inexpensive investment.

Write comment

Name: Comment:
Send your comment

More in this category

Euro area unemployment highest since May 1999

Unemployment in euro area was 9.5 per cent in May 2009, new Eurostat figures say. Joblessness figures in all EU states are higher than a year ago.

Bulgarian customs hustle with statements of no swine flu infection

Bulgarian customs have allegedly found a new source of additional income; demanding declarations that travellers are not infected with the swine flu virus.

The return of the bendy cucumber

Perhaps the fruit of having been satirised, Brussels sprouts a statement slicing out EU rules on the size and shape of fruit and veg.

Sweden takes over EU presidency

Dealing with financial crisis, climate change, are priorities, says Swedish prime minister Fredrik Reinfeldt as his country assumes the six-month rotating presidency of the EU on July 1 2009.

Don’t burn, baby, burn

European Commission warns consumers to be ‘sun-smart’ this summer.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.