Overseas property news - Something to get your teeth into

Something to get your teeth into

Romania has emerged as one country that British tourists could choose to flock to during 2009...

The Eastern European destination is, according to the BBC, one region that could attract the attention of British holidaymakers who are looking to forego traditional destinations in favour of taking a cheaper break during the economic downturn.

It was joined by Bulgaria as being a country that may see an influx of Britons during the coming months.

"Bulgaria has the coastal resorts - once beloved of Soviet leaders - on the Black Sea," Editor of Conde Nast Traveller Sarah Miller told the BBC.

She added that a trend for so-called 'far near' destinations is also emerging, defining these as "places that are close by - either they are beyond the iron curtain or they didn't crop up on your radar".

Property investors considering investing in Romania or Bulgaria may be encouraged by the news, which follows a recent report by Financiarul that stated that real estate firm DTZ Echinox has predicted rental supply in Romania will increase in 2009.

Source: www.propertyshowrooms.com

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