T
Timothy
New Member
Hi everyone,
My name is Tim. I first visited Bulgaria three and a half years ago. It quite honestly stood out from other places in Europe due to its beautiful countryside and lovely people.
I new I wanted to invest but the question was where?? This was the difficult bit. I drove the length and breath of the country, I found many picturesque places and places that were booming commercially (Sunny Beach, Bansko, and of course the bigger cities.etc) I did not however have faith that the market would be sustainable simply because the building was out pacing demand. Quite simply I believed the bubble would burst and it has!
Where then do you invest??:-
The country side where you can buy a property for 5000 euros?? Not really a great investment @ 20% a year you would only make 1000 euros and for all the time and hassle - is it worth it?
The hot spots Bansko, Balchik, sunny beach? As I said production is outstripping demand, the figures sound good presented by desperate real estate businesses but if you can't sell whats the point??
I was looking for something really special, a place with breath-taking beautiful views, close to activities offering the highest excitement but offering peace and tranquility. A place that could be enjoyed during all seasons too and the icing on the cake close to the beautiful Greek coast and not overpriced.
This place does exist, it took me a many visits to find but I found it in the beautiful mountains; it boasts natural springs, caves, climbing, horse riding. skiing snow boarding. This is not the over priced Bansko this has far more potential and much cheaper.
The place is the stunning Rhodope mountains. If any one would like to chat about my first hand experience with building here please contact me. For now I wish you all the best of luck with your plans.
Tim
My name is Tim. I first visited Bulgaria three and a half years ago. It quite honestly stood out from other places in Europe due to its beautiful countryside and lovely people.
I new I wanted to invest but the question was where?? This was the difficult bit. I drove the length and breath of the country, I found many picturesque places and places that were booming commercially (Sunny Beach, Bansko, and of course the bigger cities.etc) I did not however have faith that the market would be sustainable simply because the building was out pacing demand. Quite simply I believed the bubble would burst and it has!
Where then do you invest??:-
The country side where you can buy a property for 5000 euros?? Not really a great investment @ 20% a year you would only make 1000 euros and for all the time and hassle - is it worth it?
The hot spots Bansko, Balchik, sunny beach? As I said production is outstripping demand, the figures sound good presented by desperate real estate businesses but if you can't sell whats the point??
I was looking for something really special, a place with breath-taking beautiful views, close to activities offering the highest excitement but offering peace and tranquility. A place that could be enjoyed during all seasons too and the icing on the cake close to the beautiful Greek coast and not overpriced.
This place does exist, it took me a many visits to find but I found it in the beautiful mountains; it boasts natural springs, caves, climbing, horse riding. skiing snow boarding. This is not the over priced Bansko this has far more potential and much cheaper.
The place is the stunning Rhodope mountains. If any one would like to chat about my first hand experience with building here please contact me. For now I wish you all the best of luck with your plans.
Tim