Basing its data on the number of searches on its website www.lemontreevillas.com found that there had been a 60 per cent increase in interest in Bulgaria within the past six months, with both holiday makers and prospective property investors all eager to learn more about the country.

The report indicates that in recent years property investment in Bulgaria has become increasingly common as individuals and businesses alike have looked to make the most of a rapidly improving economy and a burgeoning tourist industry.

"Many experts have suggested that Bulgaria's accession to the EU - expected in January 2007 will be the final factor in opening the floodgates to a property boom similar to that enjoyed by Spain during the last 25 years" said Mark Schubert the marketing director of www.lemontreevillas.com .


The report points out increased tourism as yet another factor to instigate a general rise in house prices in Sofia and beyond and it is this basic assumption that has led many UK residents to invest already in the still remarkably cheap property around the capital.

While Bulgaria is riding on a property investment high, some experts are warning buyers to avoid coastal locations such as Varna and Sunny Beach. These are now ‘completely over developed’, according to some observers.

"Ski resorts including Borovets and Bansko are proving extremely popular as many investors look to capitalise on the fact that houses can be acquired at a much cheaper price than corresponding property in either Spain or France - indeed such is the interest that investors are paying deposits over the telephone using their credit cards"

The ski resorts of Bansko and Borovets offer a much more positive property investment opportunity than coastal areas, "with expected annual returns of 20% and properties selling rapidly now is the time to buy" suggested lemontreevillas.com which is marketing apartments in the mountain resorts at prices starting at just over £22,000 Sterling.

"Bansko is the best developed ski resort in Bulgaria. The skiing conditions are excellent. The slopes offer runs and tracks from beginners to experts, and the ski runs are maintained in superb condition".

According to research carried out by lemontreevillas.com the number of Britons buying Bulgarian property rose by 77 per cent in 2005. ‘With the increasing probability of EU entry in 2007 and flight increases to regional airports analysts are expecting a 15 to 20 per cent rise in sales over the next year as demand is set to soar even more.


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Lemontreevillas.com
C/. Inmaculada Concepcion 45, Arroyo de la Miel, Malaga 29631, Spain.
Telephone UK: +44 (0)121 288 0025
Telephone Spain: +34 952 44 53 56
E-Mail:info@lemontreevillas.com
Press contact:
Mark Schubert.
Email:info@lemontreevillas.com
Telephone +34 967 667 963

This release was published on openPR.