Bulgaria set for ‘ultra high returns’?

An influx of rural investors could boost Bulgaria’s property market this year…

Neil Lewis, chief executive of Property Secrets, explained: “People from rural areas are increasingly choosing to move to capital city Sofia. Demand is currently outstripping supply, leading to a surge in property values across the city.

”As a result, house prices could go up by as much 25 per cent this year as the growing population tries to secure housing within the capital. This shows that Bulgaria has plenty of room for growth.

He added: "Sofia is a favourite hotspot for property investors as it potentially offers ultra-high returns, combined with excellent long-term prospects."