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it would be a first time property investment. it would also be a foreign investment.

2006-09-24 14:21:29 · 9 answers · asked by tony 1 in Business & Finance Renting & Real Estate

9 answers

So many problems with investing in overseas property - if you are a first time buyer you need a home base first unless you are going to live permanently in Bulgaria. Anyway do whatever you want but do not be surprised if you waste your investment or maybe if you take the gamble - it just might be a winner - but its a high risk gamble all the same. Houses in Romania and Bulgaria are not built to the standard of the UK - even Polish houses are not to the standard of UK houses - I have seen the so called Polish builder at work.
Anyway - you get what you pay for most of the time - a £10,000 house in Bulgaria or Romania is a shed compared to a £100,000 house in the UK so if you want a £10,000 shed with a view then the plot may be worth something in a few years time.

2006-09-24 14:39:43 · answer #1 · answered by Anonymous · 1 0

Sofia is a town that motivate you, is really a town that produce you intend to visit just how you will see with hotelbye . One of the numerous places that Sofia is offering through his tourists is Saint George Rotunda church. Also, The Memorial Church Saint Alexander Nevsky is among the city's most identifiable symbols. This church was integrated 1912, and was designed by the Russian architect Alexander Pomerantsev. Their bell tower rises to a height of 53 meters, and houses 53 bells, the largest weighing 10 tons. In Sofia you will discover several essential and beautiful church and cathedral and those gives that city a particular thing which makes the tourist wish to came here.

2016-12-16 15:02:59 · answer #2 · answered by Anonymous · 0 0

Oooo!! My buddy's mum and dad did that a on an identical time as in the past and that they had to purchase the land the abode grew to become into outfitted on and for some reason so as to purchase the land they had to establish a registered enterprise....don't are responsive to it completely whether it finally ends up that they now own a enterprise with a acceptance like *their surname* Ltd or Inc. probable no longer lots help purely random as we've been conversing approximately it purely on the weekend! =) playstation . As for why you up there - cos Bulgaria is appropriate and that's superb to get on the valuables ladder there faster formerly it get's too touristy!

2016-10-01 08:09:54 · answer #3 · answered by ? 4 · 0 0

I have a friend who deals with property specifically in Bansko Bulgaria, but i think he has some dealings with sofia as well, his site is http://www.exclusive-international.com he has some articles which will answer your question for sure, hope this helps.

2006-09-25 05:35:57 · answer #4 · answered by paul c 1 · 0 0

Pro: it will help you financially. Con: it will help bump up Bulgarian property prices to the point where locals can't buy houses in walking distance of their home towns. Not that you will give a ****.

2006-09-24 14:35:24 · answer #5 · answered by dorothy 4 · 0 0

Bulgaria is a super investment. I am considering it myself just for that fact. Go for it

2006-09-24 14:24:10 · answer #6 · answered by marliboco 2 · 0 0

Pro its cheap, con you wont live there & will need to rent it out at what price?

2006-09-24 18:50:13 · answer #7 · answered by q6656303 6 · 0 0

The girls are beautiful and they like people with houses.

2006-09-24 14:37:04 · answer #8 · answered by fed up with stupid questions 4 · 0 1

read the news...

2006-09-24 22:52:45 · answer #9 · answered by the black crab 2 · 0 0

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