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Bulgaria "Third Most Profitable for Buy-to-Let"
Updated: 2007-04-10

Tue 10 April 2007 17:29

Bulgaria "Third Most Profitable for Buy-to-Let" 

Sofia News Agency

Business

Bulgaria has been ranked the third most profitable country for buy-to-let investors, lagging behind Poland and the United Kingdom, according to a report of property investment firm Assetz.

Bulgaria is followed by France, Turkey, Greece, Spain, South Africa, Cyprus and Portugal as the top ten most profitable locations.

Poland offers a 165 % net capital gain on cash invested, the UK - 63%, Bulgaria - 54%, France - 51% and Turkey - 45%, according to the study.

At the end of last month The Observer ranked Bulgaria, Turkey and northern France as the current hotspots for British first-time buyers overseas.

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