Daily Mail: Fancy buying a holiday home? Just whack it on the credit card

2018-08-10   |  dailymail.co.uk

Source: dailymail.co.uk

Everyone winces when this month’s credit card statement lands on the mat. It’s a reminder of all those guilty impulse purchases — that meal out, the shoe splurge ... or the property in Bulgaria.

Incredibly, British couple Simon and Philip confessed to presenter Julia Bradbury on The £10K Holiday Home (ITV) that they bought a two-bedroomed cottage in the East European coast of the Black Sea on their Barclaycard.

With grape vines around the front door and goats with bells in the neighbouring field, the two-storey house in a rural Bulgarian village set Simon back £7,000, in 2004. He paid off the card within four years, they said. It’s a heck of a way to get maxed out.

At first, the idea seems wildly extravagant and financially reckless. But credit card borrowing has risen steeply this year, which implies millions of families have paid for their annual trip to Turkey or Spain by putting the fortnight’s bill on tick. Once the holiday is over, the money’s gone.

A property abroad can be a whacking great liability. There’s the upkeep, the local taxes, not to mention the hassle of letting it out. But how marvellous to know there’s a place waiting for you, any time you can get away, where the vino is cheap.

View our selection of holiday homes up to 10,000 British pounds

View our top properties in beach resorts in Bulgaria

View our top properties in Ski Resorts in Bulgaria

View our offers for bulgarian countryside houses


  Read more news

Share
Properties in Bansko
Buy your own property in the top ski resort of Bansko! An all-year-round resort suitable for winter and summer tourism with the best prices in Europe! Prices starting from as low as 10,000 Euros!
See More

Îùå Íîâèíè

LATEST REGIONAL NEWS
Street Food & Art Festival in Burgas is a New Concept for an Urban Festival

Street Food & Art Festival is a new concept for an urban festival, its organizer Nikolay Todorov told Focus Radio.

The festival, held with the support of Burgas Municipality, is taking place in Burgas. More than 15 of the Best Street Food culinary artists in Bulgaria have been invited, Todorov said. "We are talking about mobile kitchens, kitchens on wheels, caravans, campers, truck... read more

13 August, 2019
LATEST REGIONAL NEWS
Archeologists unearth church from 6th century near Gabrovo

An early Byzantine church, 20 by 10 meters in size, made from rock blocks and brick layers, with a floor lined with ceramic tiles has been discovered by archaeologists.

It has two entrances on the south and west sides and an interesting altar section, as it had benches where clergymen were sitting, as well as a bishop's throne in the central place, Professor Hitko Vachev said. He a... read more

13 August, 2019
LATEST REGIONAL NEWS
Seaside Garden in Varna turns into large-scale arts and crafts exhibition

For the 23rd time the International Fair of Crafts and Arts “Bulgarika” will become a venue for a big number of artists and craftsmen. In the period August 1– 21, some of the best artisans in the fields of fine and applied arts, crafts and music will participate in it. Traditionally, the audience will actively participate in the fair as they will be able to take part in crafts or arts workshops or... read more

13 August, 2019
LATEST REGIONAL NEWS
Staro Zhelezare village once again hosts Street Art Village Festival

Until the end of August, the village near Plovdiv is once again hosting Staro Zhelezare Street Art Village Festival.

The village itself has no more than 400 inhabitants. Every year the people behind this project – artists Katarzina and Ventsislav Piryankovi and students of theirs from Poznan, Poland, transform the place, painting and drawing on the walls of houses and fences.
... read more

13 August, 2019

REQUEST DETAILS


Fatal error: Uncaught Error: Call to undefined function display_gdpr_fields() in /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/foot.php:114 Stack trace: #0 /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/bulgaria-news.php(297): include() #1 {main} thrown in /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/foot.php on line 114