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Soaring Bulgaria Property Investment

The Bulgaria property investment market has yet again been in the news. A recent research by the internet site smartnewhomes.com has revealed that those looking to buy an overseas property has increased by 45% during the three month period July to September this year, compared with the same period last year. The month of September has shown the highest increase on property searches to date.

Their analysis of visitor trafffic in the preceeding few months has shown Cyprus as the top country, closely followed by Bulgaria as an overseas property and real estate choice.


The Managing Director of the company, Mr Bexon, said: “The emerging markets such as Bulgaria have enjoyed considerable expansion in terms of new property development and infrastructure, which has helped to attract significant foreign investment. The latest Knight Frank Global House Price Index has shown that both Bulgaria and Cyprus are offering strong annual growth of 9% or over - making these locations an attractive place to buy.”

He went on to add, "The significant increase in the number of consumers viewing overseas properties demonstrates the growing appeal of the overseas market, as people look to escape the gloom of the UK economy. Countries like Bulgaria and Cyprus are attracting second home buyers as well as property investors, because of their holiday potential."



Press release from smartnewhomes.com