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UK PROPERTY BUYERS AS INTERESTED IN BULGARIA AS IN FRANCE

Fri, Mar 16 2007 14:34 CET 176 Views
UK PROPERTY BUYERS AS INTERESTED IN BULGARIA AS IN FRANCE

The interest of British property seekers in Bulgarian property steadily increased over the past three months, This is Money financial website reported.

Nearly 12 per cent of the inquiries for funds to buy property abroad came concerning property in Bulgaria as compared to 14 per cent for France, the report said.

In some regions of Britain, property buyers were even more interested in Bulgaria than in France. Spain and France, however, continue to be more attractive for investors with 30 per cent inquiries for property purchase in Spain.

Bulgaria attracts investors because of purchase opportunities in Black Sea resorts and ski apartments in the resorts of Bansko and Pamporovo.

The construction boom in the most popular resorts in Bulgaria brought up questions concerning the prices of property which allegedly will decrease due to over-supply.

This is Money reported that inquiries for purchases in UAE ranked fifth, US third and Bulgaria was on the fourth position.

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