Sat, May 26 2012

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

Fri, Jun 01 2007 10:36 CET

397 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.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Global food prices ease, but stay high, FAO says

The global food import bill in 2012 could decline to $1.24 trillion, down slightly from last year’s record of $1.29 trillion.

Bulgarian Olympic champion sentenced to nine years' jail in Brazil

Boevski has been under arrest in Brazil since October, when he was arrested at Sao Paulo's international airport with nine kg of cocaine in his luggage.

Bulgarian media tinted by owners' other interests – SEEMO report

Whereas foreign media ownership is perceived as advantageous for media outlets and journalists, Bulgarian owners are perceived as investors with short-term vision who strive for immediate profits.

Prevent violent extremism by being better at identifying people at risk of radicalisation – Malmström

Killing spree in Norway in July 2011 and the arrests of individuals in a number of EU member states for the preparation of terrorist attacks, are proof of the continuing need for vigilance, Europol says.

On annual World Book Day, UN emphasises importance of translation

In her message to mark the Day, Bulgaria's Bokova said that books are 'valuable tools' for knowledge-sharing, mutual understanding and openness to others and to the world.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
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.