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Bulgaria recommended to property investors
Overseas property investors have been advised to consider possible investment opportunities in Bulgaria.
Neil Lewis from Property Secrets stated that most countries develop in a similar way, with rapid growth being followed by a period of stabilisation.
This, he said, may be a followed by a series of more modest but sustainable increases in property values.
According to Mr Lewis, Bulgaria is still is in the first stage and could therefore be a potentially lucrative investment market.
Speaking to the Times, he commented: "What you should bear in mind is that these are emerging markets, but emerging within a very safe political and therefore economic environment."
He added that the Romanian capital Bucharest is also in a comparable stage of development and experiencing significant growth as a result.
Romania and Bulgaria both became members of the European Union in January 2007.
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