ochomesales.info

If you’ve been looking to purchase new property in Britain, yet have found that it just isn’t feasible in the current economic scenario, it may be time to look further afield.

A recent report has shown that property prices in the Bulgarian capital of Sofia are steadily starting to fall, and this will no doubt come as music to the ears of those looking to invest in property abroad.

Making Bulgaria an even more attractive choice is the news that a budget airline is planning to offer extremely cut-price flights to the country in the very near future, which will no doubt spur those in a comfortable financial position on to think seriously about investing in Bulgarian property.

It may be a little too early to start getting over-excited, but a Halifax report published today has shown that house prices crept up ever-so-slightly during the month of August.

Last month, prices rose at a rate of around 0.2%, and whilst this may seem rather insignificant to some, at such a difficult time in the property market, a small rise is far better than none at all.

Although the rise in August was down 0.5% on July, Halifax remain slightly positive that prices should hold relatively steady for the remainder of the year.

The property market still has an extremely long way to go before it even begins to recover sufficiently from the recession though.