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:S163
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Description of Property
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Great Commercial Opportunity! |
Ultra Cheap plot on main Sofia-Samokov road with Commercial potential! Located just next to plot 162, you could purchase both these plots together, if you wished. Being on the roadside, this plot provides the perfect starting point for a business. At only 38,000GBP, it's at a super low price as well! At 2001m2 in size, it is just over 1/2 an acre. How much would you have to pay for a prime piece of land in the Alps, or even in the UK? A LOT more for sure! In the UK, it's 65, 000 GBP minimum for a strip of mud. But here, you have the opp ...
Price in Euros (Selling Price):
21,500 |
Price in pounds :
18,509 |
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