13 % of Britons Eye Property Purchase in Bulgaria
January 8th, 2007
Bulgaria’s property market will increase its appeal following the country’s accession to the European Union. One in seven Britons is considering purchasing property in Bulgaria, following the country’s EU accession at the beginning of this year, according to a new survey. The number of foreign visitors to Bulgaria went up by 8.3 % last year, bringing the total in 2006 to 1.5 million. Bulgaria’s official inclusion in the European Union is a key opportunity for property investment in this emerging market, commented Alan Coleman, the Sales Director of Buy and Sell Bulgaria Ltd, member of Eurolink Investment Group. Based on the past history of other Eastern bloc countries joining the EU, where property prices have risen significantly these markets look set to become strong areas for capital growth.
