From a pure investment point of view i would not reccomend Bulgaria, if you bought in 2003/2004 you did well, buying now is not a move i'd personally make, prices are too high & supply is exceeding demand, as for rental, Bulgaria only has a 4-5 month rental market, for investment you really need to be looking at a emerging market - Morocco is where people are currently investing, do some research & you will find this out for yourself .
If you want more information on Morocco & the new developments feel free to send us a PM & I shall assist.
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