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 SB879
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Description of Property
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Near Sapareva banya Spa!
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Pocket mountain villa - 12 kms from Ski Resort! Nestled among the deep green forest of Rila Mountain and just next to the hottest mineral spring of Bulgaria (103 ºC), this property lures with beautiful scenery and unrivalled peacefulness. This is a tiny villa of 60 m² and barn, plus a plot of 315 m². Built at the beginning of the 20th century, it is quite decent for its age. The villa comprises of three rooms and a corridor. There is a large one used for a living room. The villa certainly requires major re ...
Price in Euros (Selling Price):
14,900 |
Price in pounds:
10,880 |
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