This reminds me of any new-build situation in any country. This is not at all unique to Bulgaria.

What about all those new developments in Britain where they release phase 1 and loads of people buy, only to find out that they then release phase 2 at the same price (or less than) you bought in phase 1. This automatically devalues your property. People who are buying new-build want just that, new.....

Doesn't stop people buying though and just means those who bought initially have to wait for their return. This is the way of new-build properties.

Perhaps people should be looking at alternative investments, such as truly authentic Bulgarian properties in good locations - those of the 'revival' period built in traditional style by craftsmen 200 plus years ago; they aren't making any more of them and all over the world these type of properties increase in value all the time. Just a thought.

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Jain Goodall, Director, Quest Bulgaria Magazine

Independent advice and information for owning and buying property in Bulgaria
http://www.questbulgaria.com