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Never Better Properties
Melton Court
Gibson Lane
Melton
HU14 3HH
Foreigners interest in buying houses with gardens and plots of land in
Bulgaria is being driven by two major factors: their desire to own a second home
in a pleasant, picturesque area where they can spend their holidays or even move
to live there permanently, and by the indisputable, great investment potential
of these properties. For 5 or 6 years now, there have been tens of thousands of
foreign people who have bought properties in Bulgaria the largest investments
coming from the UK, Holland, Russia, Austria, Poland, Germany, the rest of the
European countries and even the USA and Japan. There are many examples of
foreign people who have already moved to live in Bulgaria. They are young
families with children or retired people who wish to start their new lives. All
of them started with the same idea, to visit Bulgaria a few years ago and buy a
cheap house in an unknown country, to see how things would work out, and to
invest their spare money at the same time.
EVERYBODY CAN STILL AFFORD TO BUY A PROPERTY IN BULGARIA there is a great
variety of rural locations, and prices start from just 5,000 or 6,000 Euros
(3,500 or 4200 GBP). Houses with land or plots of land for building or resale
are the preferred option for people who dont have a lot of money but wish to
buy a property abroad, for young people who cannot climb on the mortgage ladder
in their countries of residence, for people who wish to move to live abroad, for
people who want to try with a smaller investment, and for people who already own
a property in Bulgaria. It is strongly recommended that people, who buy
apartments for investment, also buy a rural property to diversify their
investment as it will be an additional investment for about one tenth of the
amount spent on an apartment.
The prices of rural houses with gardens started from the incredible rate of
1,000 Euros (700 GBP) a few years ago and have increased by 500 to 1,000% being
sold for 10,000 Euros (7,000 GBP) or even more at the moment. People who bought
properties a few years ago for between 2,000 and 10,000 Euros (1,400 to 7,000
GBP) have now sold them for 15,000 Euros (10,500 GBP) or even up to 50,000 Euros
(35,000 GBP) depending on the location and the renovations made, achieving a
tremendous return on their investment. This proves that investments in cheap
properties are also profitable and they can generate an excellent rate of
return. The resale procedure is very simple and straight forward and there are
no restrictions to taking money out of the country.
The expectations for huge price increases have appeared to be absolutely correct
and it is important to say that it is not too late to invest in properties in
Bulgaria rural properties, land or apartments. The expected returns are of
about 15-20% per year or even more. So, together with the option for holiday
home or permanent living, buying a rural property for future resale is also very
tempting. It is not compulsory to make any renovations to the house except if it
is dangerously falling down. It can be kept as it is and resold in a few years.