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 LI175
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Description of Property
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OVER 1 ACRE NEXT TO LAKE ISKAR!
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**ATTENTION INVESTORS AND DEVLOPERS!** Over an Acre of Potential Development Land Next to Lake Iskar! There are plots and then there are plots like this one. Just look at what it offers: - Over 1 acre (4468) of potential development land. - It's 2 seconds walk from a Lake Iskar beach - Lake Iskar is THE Sofia summer resort, with sandy beaches, warm clean water and an extensive selection of water sports. - 25kms from Borovets ski resort, which is about to have 300-400 million Euros invested in it. - It' ...
Price in Euros (Selling Price):
165,316 |
Price in pounds:
142,316 |
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Ref. No S158
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Description of Property
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Prime Investment Opportunity
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Just under an acre near to New Samokov ski lifts! Just 500m down the road, the proposed Samokov ski lifts, as mentioned in the Super Borovets, will start- making this very large plot a prime investment opportunity. The flat plot is 3000m2 in size. Just imagine how many chalets you could fit on there! You could also split this plot up and sell it off as smaller ones. Once the ski lifts have been built and are fully functioning, people will be killing for prime plots such as this one. The plot overlooks a historic church which ...
Price in Euros (Selling Price):
310,000 |
Price in pounds:
266,870 |
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