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Bulgaria Off Plan Property
Bulgarian off-plan property investments can offer the investor the ability
to achieve returns between 20-100% in just 24 months. If you keep the
property for a long duration you can benefit from excellent rental income
opportunities and enjoy a beautiful holiday home while your property
is appreciating in value faster than if you had bought in see why buy
in Bulgaria.
The developer of any project is always exposed to risk. They want to
cap this risk as quickly as possible and limit bank loans and other
debts. They do this by selling units off-plan at excellent prices as
the buyers cannot see a physical property at this stage and rely on
the location and artist impressions, diagrams and computer simulations.
In addition to the excellent price that the investor receives, his property,
due to the fact that it is off-plan, means he also benefits from an
excellent finance structure. The investor (this may vary) usually only
needs to pay around 10 - 30% of the value of the purchase in the form
of a deposit, the rest is payable on completion and can obviously be
financed by a mortgage.
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