We invested in Bulgaria in 2005 through a company called property invest ltd (varna). They introduced us to an investment opportunity in Kranevo Park, asked for the usual installments of money and then informed us that the developer cannot be contacted and we won't be getting our money back. We signed the notary agreement and gave them power of attorney to receive any money owed on our behalf.

They stalled us for 1 year with false promises of another investment offering a huge discount emailing us on a regular basis of its development. Now they claim to have sold up.

We have lost £15,000! We have been told we cannot get our money back and Property invest have buried their head in the sand. Take this as a warning if you consider Bulgaria as an investment.