Investors pleased with Black Sea property
A British family has found the holiday home of their dreams in the heart of Bulgaria, setting up camp at an overseas property in the Black Sea.
Gordon Cunningham and his family had been looking for a suitable Bulgarian holiday home for a while, but heavy demand meant that none of his preferred choices were available on the market. However luck proved to be on his side after a chance meeting with a German couple led to the discovery of a perfect holiday home for Gordon's needs.
"It was exactly what I was looking for," he explained to the Sunday Mail. "A one-bedroom place with a pool view and in the complex I liked. It couldn't have worked out better."
At €70,000 (~£47,000) the apartment offered an affordable holiday home solution for Gordon and his family in one of the up and coming property hotspots of Europe. Coupled with a relatively low cost of living in Bulgaria, investors can expect a good deal out of the Black Sea.
"We've been really pleasantly surprised by Bulgaria," added the father of two. "It's got everything we were looking for."
With Bulgaria having recently joined the EU, its property market is showing strong signs of growth, with prices expected to rise significantly in the future. As such, overseas property investors who are interested could do well to buy sooner rather than later while prices are still low.
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