Wednesday, January 24, 2007

Buying up in Bulgaria

Rightly or wrongly, when I think of Bulgarians, I think of comic characters in operas, violent villains in movies, and other such negative pictures.
But Bulgaria, now that it’s been freed from Communism, is on the rise. You might even say it’s on the high rise, considering the number of apartment buildings that have been going up. And the image of the Bulgarians is altogether different to my stereotype.
Furthermore, a large number of Brits are buying up in Bulgaria, seeing it as the place to go for holidays. It’s still relatively cheap to live there, the air fares are good, and, most of all, the property values, though they’ve risen, are still economic by British standards. A few years ago you could buy a rural property for £5000. Though the price has tripled, by comparison with many other holiday spots, this is still a bargain.
There’s even a British real estate firm that specialises in Bulgaria Property. Someone got in on the act pretty smartly there!
And of course there are lovely coastlines and sunny beaches. Bit far for me to travel, but maybe one day….just like that maybe one day…Hawaii.
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