PineForest Resort - Bulgaria

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Rather than buying a farmhouse in France or an apartment on the Costa Del Sol, the Daily Telegraph reports that investors are now tempted to buy properties in Bulgaria.
A key factor in determining the new location in which to invest is price and investors have been experiencing enormous returns. For example, a large one-bedroom flat in PineForest Resort - Bulgaria, 1h from the Black Sea coast and Burgas International Airport purchased a year ago for just under 25,000 pounds fully furnished, would now cost 35,000 pounds.

“Only now in Bulgaria you can buy one bedroom apartment for 35,000 GBP (52,500 EUR) at well located mountain resort where you can enjoy activities like golfing, skiing, fishing.”

Marc Todd of Dosop, an international property company based in West London, raises the concern that some of overdevelopment in the big resorts such as Sunny Beach and suggests that there is a large supply of less desirable properties coming on the bulgaria property market.