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| Bulgaria "offering best value for investors" | ||
Bulgaria offers better value for overseas investors than its rivals, it has been claimed.Koos Schouten, the chair of the Bulgarian-Dutch Business Club, stated in an interview with Novinite.com that Dutch investors have been smart in taking a "very conservative" approach to real estate in the country. As a result, he said, "they had a very low exposure to the collapse of the mountain and beach property markets", while they are now the only nationality coming back into the market in any significant numbers. He added: "They always seem to like to see the wave go by and take the next wave." Such an approach may work for investors from the Netherlands by ensuring they avoid making the mistakes some buyers made in recent years, a move that Britons keen to invest now could decide to copy. Bulgaria offers a number of bargains for Britons keen to downsize and emigrate, Quest Bulgaria noted this week. The magazine focused on the story of British couple Paul and Wendy Jones, who swapped their GBP315,000 UK home for a GBP90,000 residence in the country and have enjoyed a low cost of living ever since. |
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| Monday, Dec 14, 2009 | ||
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