Sun, Jul 05 2009

LATVIA AND BULGARIA'S PROPERTY MARKETS SHOW GROWTH POTENTIAL

Thu, Mar 15 2007 09:02 CET 272 Views

Bulgaria and Latvia are among the destinations pointed as the next big thing in the property investment market.

UK's advice website BuyAssociation spokesman Paul Collins told Real Estate TV that these destinations offered the best potential returns in longer term.

Economic and tourism growth potential in Bulgaria and Latvia was "at a steady but assured pace."

Collins said that many of the countries which joined the EU over the past several years are showing strong economic performance.

According to Collins 2007 will of key importance for those who invested in Bulgarian property and will show the returns and eventual profit rates.
 
Brokers expected significant property market growth resulting from Bulgaria's EU accession.

Britons had more trust in overseas properties than they had in the past, Real Estate TV said.

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