Overseas property news - Bulgaria’s property market ‘changing’

Bulgaria’s property market ‘changing’

Bulgaria investors should plan for long term gains rather than short term profit, claims Amberland…

A spokesperson for Amberland commented: “Bulgaria has established its reputation as an investment hotspot because of its fast-growing housing market. Market conditions have now changed though, which means investors need to be more realistic about what they expect to achieve.

"The Bulgarian market has quickly moved from emerging hotspot where massive property fortunes could be won to a mature market. The potential for collecting high returns has declined somewhat, but the country's housing market is still supported by the vital fundamentals.

”Places such as capital city Sofia have excellent long-term factors in its favour that could make it a good investment”.

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