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 SB001
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Description of Property
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Apartment in Sunny Beach!
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Fully furnished one bedroom apartment, located in the center of Sunny Beach! The apartment is located in Central Plaza complex, in the heart of the biggest Black sea resort – Sunny Beach, near the restaurant "Janny’s" and about 350 meters from the beach. Being situated on the ground floor, the apartment consists of a spacious living area with kitchenette, one bedroom, entrance hall, bathroom with WC and balcony. The flat benefits from having an air-conditioner and totals 61 sq. ...
Price in Euros (Selling Price):
34,990 |
Price in pounds:
31,469 |
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