Call
Send Email
Messenger
WhatsApp
Daily Mail: Fancy buying a holiday home? Just whack it on the credit card
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
More News
As autumn is in full swing, the real estate market in Bulgaria remains stable and active in anticipation of the eurozone entry.
Property prices continue to rise, and interest in new-build projects remains strong, especially for modern complexes with guaranteed quality. The year also appears to be one of the strongest for a rise in demand for rural houses which are offered in quite ...
The real estate market in Bulgaria's major cities is calmer than expected, just months before Bulgaria joins the eurozone. The euphoria and large sales volume remained in the first half of the year, until the decision to accept the country into the eurozone. This was commented on by Polina Stoykova MRICS, Managing Director and co-owner of the real estate agency Bulgarian Properties, during the Rea...
Twenty years ago, Bulgaria became one of the most attractive destinations for British buyers searching for affordable holiday homes and retirement havens. Now, two decades later, the trend is back – and stronger than ever.
One of the many inspiring stories we’ve witnessed recently is that of Yossef, a buyer from the UK who came to explore Bulgaria with the hope of find...
🏆 Your Trusted Partners in the Peak of the Real Estate Season!
As autumn settles in, the property market in Bulgaria is showing no signs of slowing down!
Between national holidays, the start of the school year, and the buzz of city life, we at BULGARIAN PROPERTIES have been working at full speed to bring buyers and sellers together in successful transactions...
