Innovative property investments
Bulgaria Property Investment News
Student gap in Bulgarian market
Another opening in the market for investment property in Bulgaria has recently emerged, reports Easier.com.
The property site claims that student property could be the next profitable sector in the booming Bulgarian market, with many students criticising the lack of suitable rental accommodation in the Balkan state.
Studenski Grad ('student's town') near Sofia houses six universities, yet modern, western-style rental accommodation is hard to come by.
With 12 per cent of the Studenski Grad population comprising of international students - who have a substantially bigger budget than their Bulgarian counterparts - buy-to-let investments could prove lucrative.
Easier.com reports that international students in Bulgaria spend ten times as much as the average Bulgarian on their tuition.
With only simple, unsophisticated accommodation available, foreign investors could accrue some excellent rental returns.
Bulgarian property continues to experience excellent growth, with prices rising by around 20 per cent in the last twelve months.
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