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 MV203
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Description of Property
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With Barn!
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Mountain Village Borovets Property with Large Barn! The potential on offer here is huge. Not only do you get a house with this offer but there is also a 2 storied traditional barn which is over 100m2 in size. It could be converted in extra accommodation to be rented out to holiday makers. The house itself is 84m2 in size and the ground consists of a good sized kitchen, living room, storage room and corridor. The living has an old bakery in it which is a nice feature. The ground floor also has a separate entrance which c ...
Price in Euros (Selling Price):
86,000 |
Price in pounds:
74,035 |
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