Bulgarias Most Preferred Property Purchase Options Ranked

According to 25 per cent of the property investors in Bulgaria, the purchase of a terrain close to some major city is the most profitable real estate market participation option.

Investors purchase such terrains most often for the construction of an office building or trade centre, Novinar newspaper reported. Such types of investment lead in a ranking of the most preferred real estate purchases, according to an Investor.bg survey.

Twenty-four per cent of the investors believe agriculture terrains offer good opportunities. At the moment land prices remain relatively high. Prices are expected to go up in the near future.

Most of the surveyed investors prefer real estate close to the Black Sea coast line. According to 20 per cent, the purchase of property in Sofia is most profitable.

According to data of the National Statistical Institute the prices of property in Sofia rose by more than 20 per cent in 2005, compared to the previous year.

Eleven per cent of the surveyed investors find ski resort property to be most attractive.sofiaecho.com