Daily news

 
INCREASING NUMBER OF BRITISH INVEST IN BULGARIAS PROPERTY SECTOR
12:33 Tue 27 Feb 2007
 
More than 30 000 Britons have invested in property in Bulgaria.

The increased interest is due to the low prices and calm lifestyle in Bulgaria, which differs from that in UK, Daily Telegraph reported.

The property market saw a purchase boom in the Black See coastal region as well as in the inner part of the country, particularly in the cities of Veliko Turnovo and Bansko, which is turning into a prestigious winter resort.

The average price of a three-bedroom apartment in London is 255 000 pounds while the price for the same property in Sofia amounted to only 27 000 pounds.

Real estate prices will increase by 10 per cent after Bulgaria became EU member. Despite the increase, life in the country will remain cheaper than in UK.
 
Printer friendly version
 
 
 
 
 
Custom Search
Free Daily News Alerts
BNB Fixing 07 Jan 2008
EUR1.3332USD
EUR0.7362GBP
EUR1.95583BGN
GBP2.13146BGN
USD1.46702BGN