Bulgaria still good value for money
Bulgaria may not have been top of the list for second homes over the years, and the concerns over rampant corruption in the country cannot have inspired confidence among would-be investors.
But it is one of the locations benefiting as investors begin to search out emerging property markets as the potential for making a profit in more traditional markets evaporates.
£116,000 would buy you a three-bedroom villa on the Black Sea Coast, complete with open-plan kitchen, a large garden and three bathrooms. It may not be in the land of wine and cheese, but it is just down the road from Varna, a seaside resort and one of Europe's oldest cities.
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