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1.2 million foreign mortgage needed
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I'd steer clear of the new Bulgarian developments, Bansko and the like - everyone's in on the act and the rental demand is unknown but looks like it could get ovedeveloped. To invest abroad now I'd look at city centre apartments in emerging Eastern Europe - probably Warsaw, Budapest or somewhere in Wales - somewhere you can get to on easyjet/ryanair. That said you can buy a run down house in Bulgaria for about the price of a garden shed.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it.This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Always fancied a trip to Budapest but him indoors says no. Plenty of cheap flights there though. I might go on my own and have a look around. Anyone got any experience of the property market there?I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
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