Bargains 'can still be found' in Bulgaria

There are still a number of Bulgaria property locations that could provide bargains for investors, despite the current poor currency exchange rate, it has been suggested.

According to Bulgarian property magazine Quest, the country still offers a "good stock" of inexpensive property that may tempt buyers looking to invest in overseas property.

The publication highlighted villages surrounding the areas of Yablanitsa, Stara Zagora and Rousse as being sites where bargains will still be available in 2009, along with the locations of Yambol and Vidin.

And buyers may be boosted by the fact that they are currently a "highly sought after species", which the magazine states should improve their leverage when haggling over prices.

"Bulgaria has much to offer to those searching for a cheap property if they undertake a bit more research and look outside the predictable spots," the publication stated, adding that searching for property further away from airports can yield cheaper asking prices.

Quest recently issued advice to buyers looking to purchase a Bulgarian property, urging them to employ a translator before signing contracts.