Bulgaria in the Top 3 of the most desirable destinations for buying a second property
11-05-2017

Bulgaria in the Top 3 of the most desirable destinations for buying a second property

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Our country climbs 11 places up and reaches 3rd in the ranking of the most desirable destinations for investment in a second property.

Generated inquiries country have increased by just over 4% of the total, thus entering the top 10 for the first time in 7 months, we even have a top position in the ranking, namely the top 3 and this is the best ranking for our country since February 2015.

The factor attracting buyers in Bulgaria is the prices and the sharp decline in the exchange rate of the British pound after the Brexit referendum.Another attractive factor is macroeconomic stability.

We expect to see whether Bulgaria and Malta will retain their positions in the top 15 of the ranking against the backdrop of increased interest to other European countries.

The leader in the ranking remains Spain with 10.4% of the inquiries. The second place is for the US with 4.87% of inquiries. The 4th and 5th place are for Portugal and Cyprus.

The top 10 are also Cape Verde, Italy, Indonesia, France and the United Arab Emirates (Dubai).

Some countries, such as Brazil, Romania and Malta, are with the strongest jump in the leaderboard - each climbing upwards with about 13 positions to 24th, 18th, and 11th respectively.Malta, for example, is among the top 20 destinations for investment in holiday homes for the first time since August 2016. This is also the best ranking of the country since July 2013

Croatia, New Zealand and South Africa recorded the most significant decline, with 16 places down to 23rd, with 15 seats to 30th and 14th up to 40th in the ranking.

At the end of the ranking, countries such as Kenya, Nigeria, Panama, Austria and the Bahamas, countries with one-time Inquiries to buy a property.

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