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mollser

Registered User
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Hi all,

Have friends who have bought property overseas who have fallen for the lines from sales people of inflated figures about capital appreciation and rental yields in various countries.

One chap was told by a salesperson that he would get 8-10% rental yield in sunny beach which is just an out and out blatent lie, imo. Am trying to pursuade him not to buy there!

Are there any other websites, apart from the this one obviously with the anecdotal evidence, where the real situation is laid out?

Want to point them towards it...

Cheers :)
 
Hi all,

Have friends who have bought property overseas who have fallen for the lines from sales people of inflated figures about capital appreciation and rental yields in various countries.

One chap was told by a salesperson that he would get 8-10% rental yield in sunny beach which is just an out and out blatent lie, imo. Am trying to pursuade him not to buy there!

Are there any other websites, apart from the this one obviously with the anecdotal evidence, where the real situation is laid out?

Want to point them towards it...

Cheers :)

There are very few sites that provide all the information. I bought a place out there 2 years ago, on the Nessebar side of Sunny Beach. I have been able to rent it out last summer and the yield was more around 4%. The season is very short and there are many new projects and hotels so there is a lot of competitions. The Bulgarian coast is more a holiday purchase than anything else. A site that I have recently started using for information is . There is a lot of information on it and they do a ask an expert service and reply quickly. Another site that is good is - they have plentiful information but the Bulgarian stuff seems outdated and not 100% on par when it comes to the rental yields etc.
 
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