Bulgarian boom set to get bigger

The new property development 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 development 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 development in Bulgaria are set to increase even further.

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

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

Bulgaria investors 'should use UK finance'

Investors hoping to buy a new property development in Bulgaria should consider obtaining a mortgage in the UK in order to get a better rate, a new property development in Bulgaria firm has stated.

One property developer said that although it is possible to get a Bulgarian mortgage, it is not easy to find a competitively-priced deal.

The director said that investors buying off-plan new villas development in Bulgaria will not be able to get a mortgage from a Bulgarian bank, at least not until the new house development in Bulgaria is at roof level.