Bulgarian boom set to get bigger

The new property developments in Bulgaria market has seen another huge leap in the return-on-investment rate.

It was announced that the expected return on investment in new property developments in Bulgaria had increased 21 per cent, from 116 per cent to 137 per cent, in just four months from the beginning of 2006.

This figure is set to increase as both tourism, which now accounts for 16 per cent of Bulgaria's GDP, and businesses flock to the area. Both are looking to reap the benefits from new low cost flights and a more economical lifestyle.

Investors in the area have the added security of Bulgaria's expected EU entry in January 2007 which means property values of new house and villas developments in Bulgaria are set to increase even further.

New developments property in Bulgaria company experiencebg specialises in the identification and assessment of investment opportunities in Bulgaria 's Black Sea Coast including new house developments in Bulgaria and new villas developments in Bulgaria .

With the EU succession, more low cost carriers heading to Bulgaria and demand for new property developments in Bulgaria ever increasing, Bulgaria is by far the best place for overseas investment.

First-time home buyers prefer new property developments in Bulgaria

The article from the UK Observer, published on 18 March, tells about the new generation of first-time buyers, who are disappointed of the high new property developments prices in Britain, and opt for new property developments in Bulgaria homes.

According to the author Lisa Bachelor the number of such buyers is increasing. The mentioned new villas developments properties hotspots are in Bulgaria .

According to the latest Halifax figures the average price for a house in Britain is £192,233. The prices of new house developments in Bulgaria are much lower, as two bedroom house in new villas in Bulgaria could be found for less than £60,000.

The article commented that even young home buyerdevelopments are interested in overseas investments , most of them in new house developments in Bulgaria . According to a report by National Savings & Investments premium bonds a fifth of the first-time buyers would consider a move to Bulgaria for a cheaper way of life.