Sun, Nov 22 2009

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

Fri, Jun 01 2007 10:36 CET 292 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:

Generate new code
Send your comment

More in this category

Mixed reactions to Van Rompuy, Ashton taking EU top jobs

Welcomed by the UK government, France and Germany, as well as the US, the naming of Belgium’s Herman van Rompuy as European Council President and Catherine Ashton as foreign policy chief has caused misgivings in some circles, including Turkey which believes that Van Rompuy will oppose Turkish membership of the bloc.

European Council set to make a meal of it

The dinner meeting of EU leaders to decide on the European Council President and the bloc’s new foreign minister and head of secretariat could take a few hours or all night, says host Fredrik Reinfeldt, Sweden’s prime minister.

Is the EU ready to face another Russian gas crisis?

Russia and the European Union have agreed on an early warning system if another natural gas cutoff looms. Some say that Bulgaria, among other countries hard-hit by the January 2009 crisis, is now better prepared. Not everyone is convinced.

Bulgarian cinema a hit at Bangkok festival

Five Bulgarian films screened at the World Film Festival in Bangkok.

Pieces of the European Commission jigsaw puzzle

A complicated game, played partly in the dark, and with elements of everything from poker to tug ‘o war – that’s the way Europe’s leaders will come up with its new European Council President, foreign minister and European Commission.

© 2000-2009, 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.