Bulgaria Best For Overseas Property Investment

According to the latest property tracker index released by British investment firm Assetz, Bulgaria ranks as the second best place in the world to make money from property investment, with the UK buy-to-let market a firm number one.

The tracker, released each quarter and designed to provide analysis of the relative investment performance of property in different countries over the last 12 months, taking into consideration property prices, mortgage rates, deposits required, legal costs and recent capital gains, has some surprising results.

Making up the rest of the top five are Canada, Cape Verde and Cyprus respectively.

However, in their brief forecast for the next 12 months, Assets have predicted that Bulgarian returns will 'lower significantly'. Out of the top 5, Canadian and Cyprian returns are predicted to rise, with the UK and Cyprus seen as stable.