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Old 30-08-2006, 08:01 AM
lane lane is offline
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Join Date: Aug 2006
Posts: 34
Default Bulgaria Buy to Let

Welcome all,
We are about to refurbish, to a European standard, 20 houses in Bulgaria (near the capital Sofia) and let them to Corporate tenants on 12 month agreements. We are than going to sell some of them in the UK to Buy to Let landlords on a rental yield of 10%. The sale price should be ?50 - 60,000 for a 3 bed, 2 bath freehold. We are able to give 50% mortgage with private money at 3% with no status checks. Any comments would be very welcome, as we have not seen anybody doing this yet.
Good luck
Lane
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