Property Investment in Bulgaria

LOST

tis offplan investment - will have a look if i can find anything and post here when i get chance

UK007BullDog

Sorry, but its a quick rich scheme for the builders/developers. Those properties are totally overpriced. They say the cost is due to the views and beach access etc. Well you can get all that on the local market at way cheaper prices.

These developers are living off the hype and greed created to get people to bite. Friends stayed in Bulgaria and other countries there and found it not a good experience and will not be going back. Its a cultural thing and one is creating ghettos of us tourists and them locals.

Just wait when the first scandals hit like now in Spain where properties were built illegally.

mystic_trev

naaah I'm saving my money for a little "Pier de Terre" in Moldovia.

sanfrancisco

mystic_trev wrote:

naaah I'm saving my money for a little "Pier de Terre" in Moldovia.

Your a fool then. Don't you know there's an absolute killing to be made in Albania. It has a beautiful coastline, just like Greece. Moldovia has been and gone!

Conrad

I buy all over the place incuding Estonia, Berlin, Slovenia and Morocco. Morocco is my current fave.

Bulgaria no good. Season is too short. Vast oversupply. Very very downmarket. You must set up a company to buy and rent out property which is complex and expensive.
The exit route is poor as there is no second hand market.

Saidia Morocco gives 12 month rent and will be the best Med resort ever built. I got an off - plan detatched villa fully furnished including Nobilla appliances, choice of 17 on - site rental agents, 3 championship golf courses, a 29km beach, olympic standard sports complex (172 villas bought by a UK football consortium headed by John Terry last weekend), 20 golf clubs (owners get free membership and owners & tennants pay only 15 euros per day to play compared to 100 in Spain), 11 5 star hotels (whos guests are a captive future holiday let audiance), an 850 berth mega marina big enough to take the largest boats), a fully equiped hospital, a football stadium, polo pitches, 60 shops including Armani, Gucci, Channel, 2 multiplex cinemas, 2 western large supermarkets, 20 top restaurants etc etc

I paid £170K

In the top Spannish resorts which have nothing like the cudos of Saidia one would pay at least £500k for a villa on the golf (and thats miles from a beach so the wives complain)

http://lejardindefleur.com


12million Brits will own abroad by 2010, so investing abroad is the smart investment.

Conrad

I buy all over the place incuding Estonia, Berlin, Slovenia and Morocco. Morocco is my current fave.

Bulgaria no good. Season is too short. Vast oversupply. Very very downmarket. You must set up a company to buy and rent out property which is complex and expensive.
The exit route is poor as there is no second hand market.

Saidia Morocco gives 12 month rent and will be the best Med resort ever built. I got an off - plan detatched villa fully furnished including Nobilla appliances, choice of 17 on - site rental agents, 3 championship golf courses, a 29km beach, olympic standard sports complex (172 villas bought by a UK football consortium headed by John Terry last weekend), 20 golf clubs (owners get free membership and owners & tennants pay only 15 euros per day to play compared to 100 in Spain), 11 5 star hotels (whos guests are a captive future holiday let audiance), an 850 berth mega marina big enough to take the largest boats), a fully equiped hospital, a football stadium, polo pitches, 60 shops including Armani, Gucci, Channel, 2 multiplex cinemas, 2 western large supermarkets, 20 top restaurants etc etc

I paid £170K

In the top Spannish resorts which have nothing like the cudos of Saidia one would pay at least £500k for a villa on the golf (and thats miles from a beach so the wives complain)


12million Brits will own abroad by 2010, so investing abroad is the smart investment.

Ian_W

Saidia, Saidia, - so good you post it twice!!

advent1122

Methinks somebody has been watching "Pay Off Your Mortgage In A Year."
Have you noticed how at the end of the programmes the house is valued at a squillion pound, Ms Beeny goes all gushy, the developers have broad grins and look like the cat that got the cream, then just before the closing titles Ms Beeny informs us that despite a lot of interest, they have not yet sold.
Cue another 6 months of mortgage repayments, insurance, trips back and forth and lets not forget our friendly taxman wants his share.

whambamboo

Conrad wrote:

I buy all over the place incuding Estonia, Berlin, Slovenia and Morocco. Morocco is my current fave.

Bulgaria no good. Season is too short. Vast oversupply. Very very downmarket. You must set up a company to buy and rent out property which is complex and expensive.
The exit route is poor as there is no second hand market.

Saidia Morocco gives 12 month rent and will be the best Med resort ever built. I got an off - plan detatched villa fully furnished including Nobilla appliances, choice of 17 on - site rental agents, 3 championship golf courses, a 29km beach, olympic standard sports complex (172 villas bought by a UK football consortium headed by John Terry last weekend), 20 golf clubs (owners get free membership and owners & tennants pay only 15 euros per day to play compared to 100 in Spain), 11 5 star hotels (whos guests are a captive future holiday let audiance), an 850 berth mega marina big enough to take the largest boats), a fully equiped hospital, a football stadium, polo pitches, 60 shops including Armani, Gucci, Channel, 2 multiplex cinemas, 2 western large supermarkets, 20 top restaurants etc etc

I paid £170K

In the top Spannish resorts which have nothing like the cudos of Saidia one would pay at least £500k for a villa on the golf (and thats miles from a beach so the wives complain)


12million Brits will own abroad by 2010, so investing abroad is the smart investment.

sorry mate, a consortium of footballers is a good reason to avoid any investment like the plague.

whambamboo

by the way, here's what I'd do with £100k rarthe than bulgaria

http://www.tropical-homes.net/more_detail.php?id=114