Released on = March 16, 2007, 9:23 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Reports recently released from National Savings and
Investment says that one in four young Brits looking to invest in the property
market are doing so in the popular European emerging market of Bulgaria.

Press Release Body = Reports recently released from National Savings and Investment
says that one in four young Brits looking to invest in the property market are doing
so in the popular European emerging market of Bulgaria. With prices in the UK
becoming far out of reach and apartments and villas selling on the Bulgarian coast
and ski resorts for as little as 39,000 Euros, Britain\'s young money makers are
heading across the shores to jump on the ladder and secure their futures.

The property prices in Bulgaria continue to rise and despite some of the recent
press there is no sign of a downward trend. With growth rates being expected to
reach 10-12% over the year, but achieving this in the first 3 months, UK buyers are
still keen to take advantage of everything that Bulgaria has to offer.

Nearly 80% of the UK's investors are now looking to buy abroad, this is according to
a major high street lender, more and more requests are being received for first time
buyer mortgages to enable them to buy property in Europe.

Low cost airlines and more and more flights help to make these resorts more
accessible, and with Bansko fast becoming the most exclusive number one European ski
destination, the property market here is still a possibility for the ordinary
investor. The market here has been described as "dynamic" and has outstripped all
expectations of a slowing down in prices and popularity.

"Demand remains strong" says Paul Cooper Director of Principal International, a
leading UK based overseas property investment company, "and the outlook for Bansko
and the capital of Sofia in particular looks very positive". Principal International
have a number of properties for sale in Bansko and other parts of Bulgaria, see
their website for details; http://www.principalinternational.co.uk/



Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk