Bulgarian property repossessions and short salesProperties listed on this page have either been officially repossessed or are offered by motivated sellers for at least less than 40% of the current market price. Whether you are looking for a holiday home or investment in the Bulgarian mountains, these offers should be your first consideration.
Bulgaria has a very wide investor base, ranging from Russians, Arabs and Western Europeans. Property prices and cost of living is still among the lowest in Europe, this limits the downside risk of property investment.
Repossessions are happening in Bulgaria but not mainly by Bulgarians. It is UK owners in particular who are having to sell as their economy tanks. Skipropertybg.com is receiving instructions to sell property at even below build cost. This represents an obvious opportunity to investors.
You are not buying repossessed property in a weak and falling market like the UK but in one of Europe's strongest and most broadly based markets, Bulgaria.
Ref No:LI354
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Description of Property
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GREAT OPPORTUNITY! |
AMAZING OFFER! Very Large Former School and 3/4 of an Acre near Lake Iskar! Great Apartment Conversion potential! BUILDING COMES FREE! This an excellent find by our team and should not be missed by any investor or developer. Compared to many other offers in this area, this property offers unbeatable value for money and in fact, the building comes free. At around 31 Euros per m2, the building was not considered in the valuation. In effect, it can be ...
Price in Euros (Selling Price):
90,000 |
Price in pounds :
77,478 |
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