Balham Hill, United Kingdom (PressExposure) August 20, 2008 -- A new reach has ranked Bulgaria as the third most attractive residential investment destination in Europe. Bulgaria came 3rd with 10.6% gross rental yields, reform on track and low prices.
BULGARIA IN TOP 3 TOURIST DESTINATIONS FOR EUROPEANS
Bulgaria has made it to the top 3 of preferred tourist destinations among the Europeans, together with Greece and Tunisia, Bulgarian National TV Channel reported. This summer the traveling agencies expect a 12% growth in the number of foreign tourists in Bulgaria and 60% of them will come from the EU member states. In the last four years the country has gained popularity because of its luxurious hotels, unconventional tourist offers and the attractive venues. Still, there is a chance for Bulgarian Property to repel foreign tourists because of the uncontrolled construction works all over the Black Sea coast.
BULGARIA "THIRD MOST PROFITABLE FOR BUY-TO-LET
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 - 54% net capital gain on cash invested, according to the study.