29 July 2010, 8:50 am
I have gone down the same route as many people who want to invest money and bought land in Bulgaria. The plot was un-regulated when I bought it. It now has planning to build 5 up market villas on it. It is all above board and have all the legal paperwork which has been checked by laywers to prove its all good. Thing is I have now droppd the price of the plot 3 times and over 3 years there has been no interest. The plot is at the foot of the Balken mountains in a place called Kosharitsa 5 minute drive to Sunny Beach, Black Sea Coast. It is 1488m2 and is for sale for £75,888EUR (equivalent). 51 EUR sqm. It ticks all the right boxes but no one is viewing it. I have advertised it on numerous websites, forums and contacted development companies the world over. Its got to the point now where I don't care bout massive returns and I just want my money back as now I have a better idea of where to put the money. Can anyone help or advise me on what I can do next?!!!! Thanks.... Read More »