11.01.2007
The Bulgarian property experts Rob and Chris Downham at the Simpli group predict significant rise in the property prices by over 70 % over the next five years due to the country`s entrance in the European union.
According to Chris Downham more and more British people are looking to buy Bulgarian property because of the beautiful nature and low prices. Another reason is the further EU investment in the region, which is expected to be huger compared to the fund received by any other previous accession country.
Rob Downham gives Spain as an example- for 20 years EU membership the property prices in the country have risen about 800 %. He added that Bulgaria is great investment opportunity, because of the expanding economy and the rapidly tourism growth.
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Expects predict property boom in Bulgaria
The Bulgarian property experts Rob and Chris Downham at the Simpli group predict significant rise in the property prices by over 70 % over the next five years due to the country`s entrance in the European union.
According to Chris Downham more and more British people are looking to buy Bulgarian property because of the beautiful nature and low prices. Another reason is the further EU investment in the region, which is expected to be huger compared to the fund received by any other previous accession country.
Rob Downham gives Spain as an example- for 20 years EU membership the property prices in the country have risen about 800 %. He added that Bulgaria is great investment opportunity, because of the expanding economy and the rapidly tourism growth.
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