Press articles about Bulgaria
Bulgaria still hotspot for young UK property seekers
Bulgaria, Turkey and northern France are the hotspots for first-time property buyers abroad from the UK.
BULGARIA STILL HOTSPOT FOR YOUNG UK PROPERTY SEEKERS
Bulgaria, Turkey and northern France are the hotspots for first-time property buyers abroad from the UK.
Britons purchased in Bulgaria studios worth 35 000 to 40 000 pounds, while two-bedroom apartments in southern Spain cost 155 000 pounds, The Observer said.
Agents said that the number of Britons looking for property abroad had raised recently, since a number of Eastern European countries joined the EU. Increasing property prices in the UK made Britons seek property abroad.
Buyers could purchase one or two-bedroom apartment for 60 000 pounds in Bulgaria, while the average house price in the UK was more than 192 000 pounds.
Britons wanted to invest the money they had in property, agents said. As they were unable to do it at home, they looked for options abroad.
Some of the first-time property buyers considered moving abroad to save enough money to purchase property in the UK. One fifth of them considered moving to Eastern Europe, The Observer said.
Source: sofiaecho.com (19 March 2007)
Bulgaria, Turkey and northern France are the hotspots for first-time property buyers abroad from the UK.
Britons purchased in Bulgaria studios worth 35 000 to 40 000 pounds, while two-bedroom apartments in southern Spain cost 155 000 pounds, The Observer said.
Agents said that the number of Britons looking for property abroad had raised recently, since a number of Eastern European countries joined the EU. Increasing property prices in the UK made Britons seek property abroad.
Buyers could purchase one or two-bedroom apartment for 60 000 pounds in Bulgaria, while the average house price in the UK was more than 192 000 pounds.
Britons wanted to invest the money they had in property, agents said. As they were unable to do it at home, they looked for options abroad.
Some of the first-time property buyers considered moving abroad to save enough money to purchase property in the UK. One fifth of them considered moving to Eastern Europe, The Observer said.
Source: sofiaecho.com (19 March 2007)