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Despite continuing falls in
property prices, there are some areas of Bulgaria that are attracting interest
from overseas property buyers. Thatââ¬â¢s
the view of a leading Bulgarian property expert who believes that there are
some great property bargains to be found in the country.
This comes after a new report
shows that property rights in Bulgaria are improving. The country is now considered as safe to buy
in as Brazil and India. Keep reading to
read about a couple of reasons to be positive about the property market in
Bulgaria.
Reasons to be optimistic about property in certain Bulgarian regions
Despite falls in property prices
in Bulgaria, a leading expert believes there are reasons to be optimistic about
some regions in the country.
Polina Stoykova of Bulgarian
Properties points to the ski resort of Borovets which has seen a rise in
interest from investors in 2012 despite prices falling by an average 18 per
cent in 2011.
The expert also highlights the
resort of Sunny Beach on the Black Sea coast.
The area has seen increased interest from Russian investors and this
interest is supporting the holiday property market in the region.
More protection offered to property buyers in Bulgaria than ever before
A recent report has also found
that property rights in Bulgaria are as well protected as they are in India and
Brazil.
The Market Economyââ¬â¢s Index Property Rights Report 2012 shows
the level of protection of physical property in 130 countries across the
world. It found that Bulgaria ranks 62nd
on the list, scoring 5.4 points out of 10.
The report shows that property
buyers in Bulgaria are offered more protection than they ever have been
before. Since the index began six years
ago, the protection of the property rights in Bulgaria have improved slowly –
from 4.9 points in 2007 to 5.4 points now.
Buy sell find or invest in Bulgarian real estate with Homesgofast.com
