Article published on: 2007-03-19

Bulgaria is still a preferred country by the British for the purchase of real estate, despite negative publications in the media.....

The percentage of real estate purchase by foreigners in Bulgaria is 29%, from which 66.87% are by British people. US citizens make 6% of the real estate deals followed by the Germans with 4% and Italians - 3%.

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Among UK citizens, it is the Irish who buy the most properties in Bulgaria, the survey revealed. The British usually buy studios or small apartments at the Black Sea coast and pay for them between EUR 50 000 and EUR 100 000.

Source: www.novinite.com and www.sofianewsagency.com