Wednesday, July 23, 2008

Your Vacation Getaway in Bulgaria?

Even as the US market for second homes swoons except for a few brave souls and overseas value buyers, new overseas markets bloom, says SecondSpace, Inc., a "global online marketplace for second homes and recreational retreats." It has "expanded the selection of vacation home and land listings on its flagship Web sites, ResortScape.com and LandWatch.com" so that buyers "from around the world can now search more than 200,000 new listings" in "burgeoning second home 'hot spots' in Mexico, Central America, the Caribbean, Europe and India. " The organization mentions Bulgaria and Romania for the bold investor.

The 2,000 square-foot house in Stara Zagora, Bulgaria, shown above, has 6 bedrooms and is listed for 33,000 Euros -- or less than $53,000 at today's conversion rates. Never heard of Stara Zagora? Me neither, but one travel outfit says it's an ancient Roman city, 3 hours from Bucharest, and is known as a "town of lime-trees and poets."

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