Bulgarian property market has gone through a big transmission during the four years of its development. In 2008 the following investment areas are proving with the most potential and maximum return on investment.
1. Varna (the seaside capital of Bulgaria ) - Buy to Let market. The city is offering great investment opportunities. The demand for rental and quality properties is higher than the supply in contrary with the capital Sofia . The prices are more affordable then the capital and recently it has been rated the most popular and family friendly city to live in and work amongst the local people. Serviced with low cost airlines and international airport Varna is the next big thing in Bulgaria for the buy to let market.
2. Stara Zagora -land development deals and rural properties . Located in the centre of Bulgaria acts as a central transport hub . With the mildest climate in Bulgaria , beautiful scenery and cheap properties this location is excellent for investments in land and cheap rural properties. Capital growth in the area 20 % and will grow more to offer great return in investment in short term.
3. Borovets – Ski , golf , Spa and investment . With the 400 million euro project Super Borovets to transform the resort into the biggest on the Balkans and only 1 hour away from the capital Sofia Borovets is the preferred destination for a weekend brake for the locals , ideal holiday destination and a future gold mine.
Selected properties in both locations are offered by the independent property consultants for Sunday Times and Place in the Sun : Sash property solutions ( email : info@sash-solutions.com , http://www.sash-solutions.com , 0121 286 8058
About the Author:
Real estate investment expert with experience in developing projects, asset management and investment strategies; Managing director of Sash Property solutions - independent Bulgarian property consultancy.
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Hot Property Locations in Bulgaria 2008 - Expert Market Review
