Bulgaria still ranks as property investment hotspot

Released on = January 10, 2007, 6:59 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Bulgaria is still being marked as among the top three
European destinations for the overseas property investor in 2007. It ranks as highly
as Cyprus according to foreign exchange experts and leading property investment
company Principal International.


Press Release Body = Bulgaria is still being marked as among the top three European
destinations for the overseas property investor in 2007. It ranks as highly as
Cyprus according to foreign exchange experts and leading property investment company
Principal International.

This low cost affordable destination is still very popular with the Brits and its
European neighbours despite the ever increasing volumes of development schemes along
its costal shores. Much development is also taking place near its Capital Sofia and
this continues to attract buyers alike with its diverse cultural environment.

The competition to buy low cost properties that show a valuable rental yield is not
diminishing, with buyers coming from all over Europe and America

The strong economy in Bulgaria and the much anticipated joining of the EU makes its
currency strong and therefore means that the ever increasing demand for off plan and
completed units still proves to be a wise investment for anyone looking for buy to
let opportunities.

In comparison to other European countries, Bulgaria is still attracting the shrewd
investor. Its diversity of tourism means it has plenty to offer for ski and sun
lovers alike.

The prices of these luxury apartments and villas available started to show a
substantial return 2 years ago and there is no sign that the trend is slowing down,
with the average price per square meter reaching 70euros in some of the resorts, and
prices are still rising.

The property market there is by no means exhausted, and with the continual financial
support being offered, there is still plenty of money to be made.

If you are looking for your Bulgarian investment property then see our selection at
www.principalinternational.co.uk or contact us on 0800 038 0000.

Principal International has been created by investors for investors with links to
mainly UK based developers. Principal International offers overseas investment
properties in Australia, Barbados, Bulgaria, Cyprus, Dominican Republic, Dubai,
Portugal, Spain, Thailand and Turkey.

Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

+448000380000
press@principalinternational.co.uk
http://www.principalinternational.co.uk

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