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'Look to Bulgaria for long-term returns'

Article Date : Monday, March 12, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

The Bulgarian property market is on the up and is similar to Spain's strong performance a decade ago, according to one expert.

Jon Hill, director of Knight Frank International, has said that Bulgaria, particularly the capital of Sofia, is a good location for investors looking to make a long-term investment.

Waterfront locations and ski resorts in Bulgaria are also good places to invest in property, he remarked.

However, he cautioned those investors looking to make a very quick return by pointing out that it can take a few years before a property appreciates in value.

But, he added, by researching an area, buying a property and holding onto it for a long period, investors are almost certain to a see good return on their investment.

According to holiday firm Neilson, Bulgaria is increasingly appealing to couples and families who want to enjoy a skiing holiday.
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