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Buying Property Abroad Thnking of buying a house in Spain or somewhere else abroad? Post about your questions, answers, and experiences here.

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Old 09-21-2007, 12:10 PM
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Thumbs up investing in development in BULGARIA

Hi,

I'm trying to attract any private investors or syndicates for a profitable holiday village nearly to a golf course and Spa in Bulgaria. It is picturesque mountain location in Central BG. Would be any interested in? I'm very curious.
Cheers !
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Old 09-21-2007, 12:55 PM
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The trouble with Bulgaria is that so far as my own connections go, they regard Bulgaria as market well into the end of its cycle and not an ideal investment opportunity. I mean, the issues with Bansko etc have helped turn Bulgaria from investment powerhouse to overused workhorse.

So best of luck with it, but be aware that your choice may not offer the best potential.

2c.
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Old 09-22-2007, 02:58 PM
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Default Central BG

Hi,

Nobody is speaking about Bansko, Borovetz or the Sea , they are already overdeveloped. I'm speaking for Central BG where a golf course in construction is and there is a famous Spa.Quite different things, I guess.
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Old 11-13-2007, 09:48 AM
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OH, it is a boom in BG. I have been there this year. Everyone says that since entering in UE there is a construction boom. Especially near the seaside or mountains. Everything is building. Foreigns come to buy houses and appartaments.
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Old 03-03-2008, 05:10 PM
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When buying a property for investment always look for the long term contract.
An investment is an investment - it does not matter is it in properties or cars etc., so always long term.
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Old 03-25-2008, 11:47 AM
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I believe the most important when proceeding ahead with an investment in Bulgaria would be the legal side of it and making sure that contracts could be defended in court and words will be turning into actions.
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