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Bulgaria and Cyprus should feature among the places that property investors avoid, Financial Times reported. In an article devoted to real estate investments, the newspaper reported that Bulgaria and Cyprus are among the most precarious places for buying of property.
According to FT, Bulgaria's opportunities were presented during a real estate fair, but experts in the area advise investors to remain cautious.
Before the financial crisis Bulgaria experienced a vacation property boom. Now the country is suffering from a sudden decrease in prices. Further, various real estate projects remain uncompleted.
Cyprus is the other destination defines as risky.
According to Financial Times, Brazil and Florida are among the best destination for real estate purchases.
According to FT, Bulgaria's opportunities were presented during a real estate fair, but experts in the area advise investors to remain cautious.
Before the financial crisis Bulgaria experienced a vacation property boom. Now the country is suffering from a sudden decrease in prices. Further, various real estate projects remain uncompleted.
Cyprus is the other destination defines as risky.
According to Financial Times, Brazil and Florida are among the best destination for real estate purchases.
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