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Veliko Tyrnovo in the future and the foreign investments in Bulgaria


 Bulgaria's estate market is 85 per cent foreign investment-driven and has been attempting  an flowing of Irish and  British purchasers latterly, but the foretelling of some pundits for a re-advent of British customers could still be proven right, as UK investors have not lost their taste for investing in estate abroad.
In spite of the credit crunch trained by Britain, investors who Buy Abroad and Rent in Britain (hence the Barb-ies abbreviation) have been so energetic on emerging markets as of late, The Daily Telegraph announced on 22 of  March.
Typically, Barbies are young, 1th time purchasers who can't afford to get on to the 1th step of the British real estate ladder, so turn to another country where estates  are more affordable, the British daily told.
“Priced out of the British market-place, 40 per cent of young people would revolve purchasing foreign country to get on to the property ladder, with 37 per cent of under-35s surveyed fearing that they will never be able to have a home here,” in accordance with a lately  examination by the underwriter Hiscox, announced  by The Daily Telegraph.
The daily paints the images of 4 representatives of the Barbie trend, inclusive Scott Huggins, the presenter of BBC's estates relocation programme Get a New Life, who bought estate in Turkey and South Africa, but also a 1.62ha land plot in Bulgaria's Veliko Turnovo, which he may promote in the future.
" Despite media reports have demanded that the Irish and British customers, who accounted for about 1/2 of the sales of Bulgarian estate, particularly in holiday properties, as more investors join the Barbie band-wagon, Bulgaria could still attempt a re-resurgence of another's investor interest.
The general credit crunch, as well as the reduction of stock markets and pension funds worldwide has re-ignited interest in properties as investment for the future.



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