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Investments in Bulgaria

Nowadays about 40 000 Britons have properties in Bulgaria. Still the demand is great, writes the English Independent. For foreigns is very difficult to reach big gain from property purchase, in order for rent it in Britain. The interest levels in the Island are heighten 5 times in durring year - 4,5 to 5,75%, but the rents are slight grove. One of the most famous destinations recently is Bulgaria, where it is still available to buy a flat for 34 000 EURO. In spite of grove it has considerable slight with 40-50% in last three years, the middle cost has risen up with 5,4% first and second quarter of 2007. According to a publication, the low prices are still the main factor, which attracts the foreigner buyers. Independent warns Britons, when buy property, to make a viewing trip, to investigate all details connected with duty, taxes, rental incomes, etc.