News just in! The Bulgarian buzz is back! Everyone is talking about property in Bulgaria again, and there is more interest than ever in the country.

With generous price reductions on properties across the country, beautiful natural scenery and countryside, and fantastic occupancy rates due to Russian investors, who absolutely love the country for holidays and investments alike.

Some overseas estate agents have seen an impressive 20% conversion rate on enquiries in the Eastern European area.

British buyers have been running scared since the economic crisis came into play, however this has meant that Bulgaria has seen an influx of Russian buyers and investors, as they were certainly quick to take advantage of the plummeting house prices caused by a lack of interest. There have also been many brand new luxury developments built which have also been snapped up at the height of the Russian boom.

Much the same as Spanish developers, Bulgarians are offering amazing deals on new builds without the need for a large deposit, it is thought this will attract attention from other nationalities, and they are even including full property management in the investment.

To understand the full step-by-step process to buying a property in Bulgaria, collect The Overseas Guides Company’s ‘Bulgaria Property Buying Guide’