Lord Geordie Posted November 30, 2006 Report Share Posted November 30, 2006 My Mate just came back from Bulgaria looking for a house and brought a load of pics back with him and i have to say the place looks real nice. Laid back Last centuary style living (simple life) And the HOUSE prices are phenomenal I can get a nice 4 bedroom house (needs a little renovation) for £2000 I can't even buy a GARAGE for that here. I am seriously thinking of selling up here and moving abroad. They can even buy pistols in the market with ammunition and the hunting is free for all I am gonna take a long think and look well into it and may just take the plunge. Lets face it with the rate THIS country is going under my son may stand to gain more there than here I am off now to see if i can scrape the £2600 together to go over and buy If i don't like it i can always return to Blighty as i am a BRITISH citizen and sell the house back on after renovation and make a small amount of profit lol LG Quote Link to comment Share on other sites More sharing options...
Cranfield Posted November 30, 2006 Report Share Posted November 30, 2006 I have spent quite some time in Romania and Bulgaria and agree that they are beautiful countries, especially the further from the coast you get. The people are very friendly, but since the cessation of communism, crime has certainly increased. Away from the tourist beach resorts, don't expect to find many people who speak English, you would almost certainly have to learn the language. The reason the property is cheap there, is because their wages are so low. This also means that you will not find anywhere near the same choices in the shops, as you have here. That includes, food, books, clothes, equipment etc. The hunting/shooting is not actually free. There are "public" hunting areas that are often over used, but the vast majority are private areas. Private areas are sometimes syndicated and you could join, but there are a lot of "shooting tourist" facilities there as well. Both countries are great places to visit, but I would not want to live there. Quote Link to comment Share on other sites More sharing options...
SNAKEBITE Posted November 30, 2006 Report Share Posted November 30, 2006 Plus you have the added bonus that the place will become empty in the next few years as they all come over here! Still sounds like a fair swap, can I come with you? Quote Link to comment Share on other sites More sharing options...
Dunkield Posted November 30, 2006 Report Share Posted November 30, 2006 I bet they all want to live in England because it is great place (those that aren't alreday that is..) Quote Link to comment Share on other sites More sharing options...
Poacher Posted November 30, 2006 Report Share Posted November 30, 2006 Both countries are great places to visit, but I would not want to live there. "my son may stand to gain more there than here" why are they all coming here then Apart from messing his education up with having to learn a new language make new friends etc i can't see how it will benefit him at all.....Maybe you should keep it as a retirement idea... Quote Link to comment Share on other sites More sharing options...
Oly Posted November 30, 2006 Report Share Posted November 30, 2006 These days 9 times out of 10 if you emmigrate you have to renounce the queen (i.e. give up your British passport), so if you think there may be a chance of you wanting to come back...you'd be classed as an immigrant, and you know how well they're being treated these days! Quote Link to comment Share on other sites More sharing options...
pin Posted November 30, 2006 Report Share Posted November 30, 2006 Its all relative. Things are cheap because of superinflation, dwindling economy and general levels of poverty. Your UK buck goes a long way there, but if you are living there you would need to work, and jobs there wouldn't support you in the manner to which you have become accustomed. The trick is to have a place there, work here and take your money with you over there as often as you can. I too have spent a lot of time in Romania and it is a lovely place, but I wouldn't stray too far from my friends over there Quote Link to comment Share on other sites More sharing options...
il cacciatore Posted November 30, 2006 Report Share Posted November 30, 2006 A lot of these houses seem to be a bargain but are structurally flawed and unstable. The years of communism took their toll on public infrastructure let alone private housing. The majority of these houses are in a dilapidated condition, solid stone built walls and dirt floors. No central heating or even electricity or water in some. Also always check they have papers and that you are buying the whole property as a lot of time parts of the property may be owned by another party. Just be careful of what you buy into. My uncle who had the same idea as you told me that when Bulgarians go to the ATM they go in twos. I would be careful to think that profit is a given. People have seen what happened with property in Croatia and expect that prices will automatically increase: this has given rise to 'buying to sell' in Bulgaria. Supply and demand dictates prices, I think in this case now that there could be an over supply by parties with the intentions to sell again when they enter the EU. This could outstrip demand therefore there could be an excess of property for sale keeping prices low. Though I would like to buy some property there for sure. Quote Link to comment Share on other sites More sharing options...
Bradders Posted November 30, 2006 Report Share Posted November 30, 2006 re giving up your British Passport Is that still the case seeing as they are now part of the enlarged EU. Sounds like a good play to spend lots of time in retirement..... Quote Link to comment Share on other sites More sharing options...
Guest jonrms Posted November 30, 2006 Report Share Posted November 30, 2006 WARNING!!! Be very very carefull. I have a friend of the family... / and my plaster... who have bought houses out there... not paying as little as you say.. more like 50K Anyway long story short... the above post about foundations etc is correct.... Steve had to undergo alot of work to make the house structurly sound... and also plumb up a water supply and electricity. He has actually bought quite a few houses in one block. which he is hoping to convert into a tourist area. and have seperate appartments etc.. but he has spend a fair bit on work... Then you have the problem of communication... and also ensure that your not in a red light district.. which alot of these propertys are in! You can buy a property there.. keep yours here.. and go back and forth using it as a retreat... staying there no longer than 6 months.... at any time. Then you have the best of both worlds... I am considering buying a place there.... depends on what my wife says.... but it would be a long!!!! term investment... and there is no chance I will ever recover the money put forth. Quote Link to comment Share on other sites More sharing options...
Cranfield Posted November 30, 2006 Report Share Posted November 30, 2006 I am considering buying a place there.... depends on what my wife says.... but it would be a long!!!! term investment... and there is no chance I will ever recover the money put forth. If there is no chance that you will ever recover your money, then its not a long term investment. Its a loss. Quote Link to comment Share on other sites More sharing options...
Guest jonrms Posted November 30, 2006 Report Share Posted November 30, 2006 I am considering buying a place there.... depends on what my wife says.... but it would be a long!!!! term investment... and there is no chance I will ever recover the money put forth. If there is no chance that you will ever recover your money, then its not a long term investment. Its a loss. Very true... I realised what I typed after I typed it... My wife is so tight with money I have to beg her for pants... Quote Link to comment Share on other sites More sharing options...
al4x Posted November 30, 2006 Report Share Posted November 30, 2006 I am considering buying a place there.... depends on what my wife says.... but it would be a long!!!! term investment... and there is no chance I will ever recover the money put forth. If there is no chance that you will ever recover your money, then its not a long term investment. Its a loss. depends you'll still have an asset and were you to be able to rent it out during holiday periods to Brits it may pay the money back. I'd be very sceptical you've got to have the cash and be able to afford to loose it to take a gamble in a few of the new EU countries. Living there may seem appealing but Healthcare is nearly non existent and so is earning a living. This is why this country is filling up with their population. If life was so rosy at home they'd stay there Quote Link to comment Share on other sites More sharing options...
stubby Posted November 30, 2006 Report Share Posted November 30, 2006 I have a few bulgarian/hungarian friends, yup they are over here cos this is where the money is, a labourer here in construction earns £60 a DAY thats around 2 weeks wages over there, they tell me if your car gets nicked, you report it to the police, then go ask the mafia if you can buy it back sounds great as a holiday retreat, but like all the other answers, dont think you could live there full time unless you had lots an lots of money Quote Link to comment Share on other sites More sharing options...
stoggieman Posted November 30, 2006 Report Share Posted November 30, 2006 Please be aware The grass looks greener at the moment BUT in the next year or so this country will be a member of the EU this may mean the euro. If this happens the country will be in serious trouble financialy and any person who has invested cash may regret doing so. A simular thing nearly happened in southern Ireland. One can only stand fast in this country wait for the next general election and vote as one sees fit We are all fed up with our lot in the UK at the moment, We should really do something about it before it gets any worse Peter Quote Link to comment Share on other sites More sharing options...
lurcherboy Posted November 30, 2006 Report Share Posted November 30, 2006 Please be aware The grass looks greener at the moment BUT in the next year or so this country will be a member of the EU this may mean the euro. If this happens the country will be in serious trouble financialy and any person who has invested cash may regret doing so. A simular thing nearly happened in southern Ireland. One can only stand fast in this country wait for the next general election and vote as one sees fit We are all fed up with our lot in the UK at the moment, We should really do something about it before it gets any worse Peter Don't understand your post stoggieman Ireland is, as far as I know, the only country in the EU that is in the black. The youth don't emigrate anymore as life there is very good LB Quote Link to comment Share on other sites More sharing options...
stoggieman Posted December 2, 2006 Report Share Posted December 2, 2006 I am only basing my opinion on what I have been told,Lurcherboy. I am a radio hyam and recently had a qso with a guy in Southern Ierland. He stated that since the euro was inforce things had began to slide.I recently completed a large contract for a company that employed a lot of S-I personell they also stated that they preffered the old way to the new. I understand that there is a lot of unemployement in places I am also informed that if you run a 4x4 out there that is designed to carry people it will cost you a great deal to tax it (over £1000) though if it is classed as a commercial it is about the same as in the UK. That was part of the point I was trying to explain Peter Quote Link to comment Share on other sites More sharing options...
mossy835 Posted December 2, 2006 Report Share Posted December 2, 2006 this country is going two be very deer two live in but can we aford two get out of it. Quote Link to comment Share on other sites More sharing options...
lurcherboy Posted December 2, 2006 Report Share Posted December 2, 2006 I am only basing my opinion on what I have been told,Lurcherboy.I am a radio hyam and recently had a qso with a guy in Southern Ierland. He stated that since the euro was inforce things had began to slide.I recently completed a large contract for a company that employed a lot of S-I personell they also stated that they preffered the old way to the new. I understand that there is a lot of unemployement in places I am also informed that if you run a 4x4 out there that is designed to carry people it will cost you a great deal to tax it (over £1000) though if it is classed as a commercial it is about the same as in the UK. That was part of the point I was trying to explain Peter I stand corrected then Peter. My parents have retired in the south and think things are good, mind you, they get their pensions in Sterling so it may make up the shortfall finance wise. I didn't know about the 4x4 bit though LB Quote Link to comment Share on other sites More sharing options...
kirky640 Posted December 2, 2006 Report Share Posted December 2, 2006 well im going to do it what i hear you ask im going to move to scotland to up near kirky hes the boylike and the countryside is so nice around his patch , i cant think of a better place in the world to be shooting fishing drinking in the local pubs oh i just cant wait to move up to your neck of the wood s kirky it pains me every day i have to wait mate see you soon lord geordie LG thanks mate Quote Link to comment Share on other sites More sharing options...
Lord Geordie Posted December 3, 2006 Author Report Share Posted December 3, 2006 well im going to do it what i hear you ask im going to move to scotland to up near kirky hes the boy like and the countryside is so nice around his patch , i cant think of a better place in the world to be shooting fishing drinking in the local pubs oh i just cant wait to move up to your neck of the wood s kirky it pains me every day i have to wait mate see you soon lord geordie LG thanks mate B) Nice try LG Quote Link to comment Share on other sites More sharing options...
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