Foreigners increasingly interested in Bulgaria's SPA property destinations

Sofia Echo, 2007-07-03

     The interest of foreign investors in the acquisition of property located in areas having mineral springs is growing, consultants from Home for You said.
     Velingrad, which has already established itself as a spa destination, is growing in popularity. Research shows it is among the top destinations for both foreign and Bulgarian investors. Agents said that Velingrad had the potential to develop into a European resort and into one of Bulgaria's best spa resorts.
     Foreigners also continue showing interest in vacation property in Bulgaria's coastal resorts. Mountain vacation property also registers interest, which tends to be strongest towards rural developments.
     Italian, Spanish, Austrian and German investors are showing increasing interest in property acquisition in Bulgaria. Scandinavian investors are also growingly attracted to property in the country.

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