A Real Estate Bubble Where? It May Surprise You

When I returned back home to Bulgaria in late 2004, people everywhere told me that real estate was definitely the best investment; I also heard that real estate is the safest investment — real estate prices never go down, right? Anytime I tried to object, people interrupted me and said that I was just citing textbook stuff that didn’t apply to Bulgaria; this wasn’t the time to be theoretical, but to make money in real estate.

source: bulgarianpropertyagent.com

Bulgarian Skiing - A Thrilling Resort for All Seasons

The beautiful and enticing Bulgarian winter sports resort of Bansko has been receiving considerable attention of late as it emerges from its humble beginnings to become one of Europe’s newest and most exciting extreme and winter sports resorts.

source: bulgarianpropertyagent.com

BULGARIAN MILLIONAIRES UNDER INVESTIGATION - B92

Close to one hundred Bulgarian millionaires were under investigation on suspicion of illegally acquiring property, Serbian B92 reported on December 1.

source: bulgarianpropertyagent.com

Bulgaria is a Real Eastate Pyramid

This fueled real estate bubbles across the stronger Mediterranean economies (Spain, Portugal, France, Greece) and, later on, in Western Europe. These bubbles in turn spread across Eastern Europe, first in the Czech Republic, Poland, and Hungary, and later on in the Baltic countries (Latvia, Lithuania, Estonia) and the Balkans (Romania, Serbia, Bulgaria). For all practical investment purposes, the real estate bubble has not spared a single country in Europe.

source: bulgarianpropertyagent.com

British and Irish own nearly four million properties abroad

The number excludes time share and fractional ownership, meaning the true total could be higher still, according to research from business intelligence organisation Datamonitor.

source: bulgarianpropertyagent.com