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As Bulgaria
readies for joining the European Economic Community in 2007, many investors are
looking to see if there are real estate bargains to be had there.
Other
countries have had a big run up before and shortly after joining the European
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Jersey , and if you can find similarly priced property values, you
could do very well.
Most people will want to look at Black Sea
properties, or in ski resorts like Bansko, but the real deals are to be found in
the interior of the country, in rural areas. In a recent visit properties on the
Black Sea were fully priced Wholesale New York Giants
Jerseys , but inland properties could be had for 5-15,000 Euros -
cheap!
There are many online companies offering pre-construction, or
off-plan opportunities as well as completed units. Property management is easily
available as well.
Discover one of Germany and England's favorite holiday
desitinations.
Make sure to do your homework though. All sellers will
make the property they are selling seem easy to buy, easy to rent, and headed
for the moon! Different areas have different appreciation prospects Wholesale Giants
Jerseys , and rental prospects as well.
A unit in a
residential area of a city like Varna will not generate anywhere NEAR the
revenues that a Black Sea resort property in Golden Sands will.
With the
recent run-up of properties all across Europe, Bulgaria, just escaping the grasp
of communism, appears ripe for property appreciation.
Andrew Larder
Bulgaria Real Estate
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