Romanians Interested In Bulgarias Property Market

Increasing number of Romanian investors show interest in the purchase of lodging or a plot in  neighbouring Bulgaria or Hungary.

The two countries were most attractive for investment foreign destinations, Romanian daily newspaper Gandul said.

Bulgaria's Black Sea coastal resorts interested the majority of Romanian and British property investors, Gandul said.

Investors purchase mainly villas. The price of vacation property in Bulgaria is half the price in Romania. A house near the coastal city of Varna costs nearly 30 000 euro.

An additional advantage was the better road infrastructure in Bulgaria's coastal region as compared to the one in Romania, the report said.

Developed infrastructure would contribute to investment growth in Bulgaria, Gandul reported.