K Investors Snap up
Properties in Bulgarian The number of UK holidaymakers
Resorts
visiting Bulgaria increased by a
staggering 36% in the past year.
The Times in London writes that This has lead to an influx of
Bulgaria is now one of the top travel companies as the country
destinations for ski properties is now establishing itself as a
due to factors such as the low true holiday hotspot.
property prices and inexpensive
ski passes. * * *
"During the summer this sparsely UK Househunters "Tempted" by
populated, largely rural country Bulgaria, Turkey
offers a wealth of activities
such as hiking, fishing and Rather than buying a farmhouse in
mountain biking, as well as the France or an apartment on the
fabulous beaches of the Black Sea Costa Del Sol, the Daily
coast. The numerous historic Telegraph reports that British
towns, unspoilt villages, castles investors are now tempted to buy
and churches are also waiting to properties in Bulgaria and
be explored." Turkey.
Properties in the popular ski A key factor in determining the
resorts can earn up to 12% rental new location in which to invest
return according to property is price and investors have been
investment firm Assetz. This experiencing enormous returns.
return is potentially double that For example, a large one-bedroom
of coastal properties due to flat in Ravda, 10 minutes from
their all year-round attraction. the Black Sea resort of Sunny
Beach purchased two and a half
years ago for just under 20,000 Sofia and the coastal city of
pounds fully furnished, would now Burgas to London. They have also
cost 45,000 pounds. announced that flights from
Burgas to Budapest will commence
Marc Todd of Dosop, an on June 15 2006.
international property company
based in West London, raises the A promotional offer has begun
corcern that some of with ticket prices set at up to
overdevelopment in the big EUR 26.99 (airport fees
resorts such as Sunny Beach and included). The offer is open to
suggests that there is a large bookings made from February 1
supply of less desireable -14, 2006.
properties coming on the market.
Wizz Air has also recently
announced the launch of services
This has led to the announcement from Split (Croatia) and
that construction permits for new Ljubljana (Slovenia) and
developments in Black Sea coastal increased frequency of the
areas will be issued only of the Zagreb-London (Luton) flights.
required infrastructure has been
built. Wizz Air, the first no-frills
carrier to enter the Bulgarian
* * * market, has carried 17,000
passengers since it started
Low-Cost Wizz Air Launches New flights from the Bulgarian
Routes from Sofia, Burgas capital at the end of September
2005.
On May 1 2006 low cost carrier
Wizz Air will launch flights from
About the Author:
Tim Wright is an international property investor and regular article contributor. He is the author of "Bulgarian Property - The Overseas Buyers' Kit" available at http://www.bulgarianpropertybuyer.co.uk
Source: www.isnare.com
