Български | English
Search  quick: | detailed:
Subscribe for
Newsletter
RSS Feed Generator
Select categories for your RSS feed

weather 22.09.14

 
     
 
16°   17°   15°   17°
 
Sofia   Plovdiv   Varna   Burgas
 
home     Real Estate     Investors are warned to refrain from purchasing property in Cyprus and Bulgaria
Investors are warned to refrain from purchasing property in Cyprus and Bulgaria
from 25.10.2010 14:35       Author - Tourist Media
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.

most popular

Investors are warned to refrain from purchasing property in Cyprus and Bulgaria Photo: www.sxc.hu
More images:
1
advertisement