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Bulgaria Investment

Bulgaria InvestmentIs buying property in Bulgaria a good investment?

I bought a studio apartment in Bulgaria thought that was a good investment, but now, some say it might not be. I am a little worried because I put all my savings for her. Can anyone help?

When you look around you are told it is a good investment, as prices rose xxx% in recent years, only 1000 people have invested here and there are new businesses to help English language - you missed the boat. Whether in stocks, property, raw materials - nothing. When everything you hear and the tabloids are talking, you are a couple of years too late. Find another place like Albania.

You did'nt say if it was for rent or for your own use. I expect the long term, it will increase in value, but in the real estate prices in the UK are likely to increase at a faster rate.
I heard recently that real estate prices in my area have increased from £ 400 per week. which is unlikely in Bulgaria.

Be patient, your investment will be profitable.
Put all my money in Poland 2 years ago and can not see a positive outcome.

Very is an up and coming in your country more than double next year.

Use hot entertainment center that is a good potential for rental has never been there. you if you try. no worries

I would say it is unlikely to lose money in the long term, depending on the demand for the type of property and its location. accession of Bulgaria to the EU will certainly increase its value.
However, one should never put all your money in one investment. It is essential to diversify in order to minimize your exposure to risk. I guess you bought the flat to let out and make money. If so, you're in trouble if flood / vandalism / decrease in interest.
I think in this case you must go out with her, but you are certainly taking a risk with your hard-earned savings.

It depends. If you get the best of the best in the best location, yes it is. As there is a law in most European cities you can not just demolish buildings and build new ones. This means they need to keep the facade of the original building and empty if they ever want to do a major reconstruction. It's hell expensive to do.

By getting the best of the best prices will remain locked even if the market should crash. And you can bet it will. No boom outside the U.S. has never really lasted more than 8 years or more and if you take into account, you can back calculate when the housing boom in the CIS countries will be hit hard spot .

I recommend buying from the best European cities can not demolish old buildings by law, if you get the best, he will retain value because there will always be buyers looking in the best apartments. On the other hand if you have a shit hole, you are shit outta luck since most real estate East Block Nations "real exaggerated. Considering that most of these countries the per capita income is below 200 USD per month and are 50 apartments, 60 large for a tiny hole decrepit shit, you're really looking at an assumed market.

So what is the point of my answer?
1. Buy the best location. Yes it will cost more than 500 large and perhaps millions, but it's worth it.
2. If you have a shit hole, and be ready to load before the fund market. Remember 7 to 8 years is the cycle.

Hope that helps.

do not know much about your overall IT investment itself, but Bulgaria is a great way to long term investment.

With the pending accession to the EU and more flights to and from there, the economy is growing and has a lot of investment coming to him. Now is the best time to invest.

Make sure you have again.

Posted on January 12, 2010.
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