Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

Are Britons’ dream homes in Bulgaria facing the bulldozer? - NEWS ...


But they have been warned to think twice, amid fears that they may be pouring their money into homes which can end up being demolished. He insisted the investors should not worry about their money and is hopeful construction will be completed. He said: “I don’t think our clients have anything to worry about. In all, 67 Britons have invested in the site. Question marks have also been raised about other newly-built developments on the Black Sea coastline and the popular local ski resort of Bankso.“Bargain” properties in Bulgaria sell for a fraction of Britain’s average house price of £200,000. The contract allows them to ask for their money back, if they want.”Becky BarlowDaily Mail Posted by property-bulgaria on March 8th, 2007 | Filed in Coastal property | Please leave a CommentYou must be logged in to post a comment. The typical price is about £40,000 to £50,000, with buyers usually required to put down a 30 per cent deposit to secure a property. With low house prices and pleasant climate, Bulgaria is one of the fastest-growing destinations for Britons looking for their place in the sun. Yesterday it warned that the Golden Pearl is not the only complex attracting the interest of foreign investors which can be facing the bulldozers.