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Property in Bulgaria "becoming more available"

Wednesday, Aug 26, 2009

There has been a rise in the amount of available property in Bulgaria on the market, according to the latest figures.
Statistics released by IrePQ.com show that there was a reduction in the amount of property in Bulgaria being sold in the first half of 2009, which means there are now greater opportunities for those looking to snap up a place in the sun.
"It is well known that for the past five or six years the property in Bulgaria has been marketed everywhere in the world, so there is no surprise that real estate investors from all over the world rushed in to buy a slice," the company stated.
Now, with a reduction in the volume of homes being vended, the firm claimed that bargain hunters looking for a property in Bulgaria may begin to search the market for luxury homes representing great value.
Recently, Alistair Rowland, director of distribution at the Co-operative Travel, said there has been a growth in people travelling to stay in accommodation in mid-haul destinations, such as property in Bulgaria.

Source: Propertyworld.com