Bulgaria ranks 53rd in the world in terms of return from buy-to-let investments, the results of a survey conduced by Global Property Guide in 88 countries shows.
Buy-to-let properties in Sofia provide annual gross rental yield of 5.87%, which puts Bulgaria behind Poland, where the return from such investments stands and 5.95% and before Australia, which boasts 5.95-percent return in Sydney.
Tahiti topped the ranking with 15-percent return in the capital city Papeete. The country overtook Moldova's Chisinau, where the return from buy-to-let property investments stood at 14.36%.
Hagatna, the capital of Guam, occupied the number three spot with 12.86-percent return, followed by Venezuela's Caracas (12.8%) and Colombia's Bogota (12.63%).
Skopje (7.23%), Istanbul (6.47%) and Tallinn (6.13%) also provided higher return from buy-to-let investments than Sofia.
Destinations, such as Bucharest (5.54%,), Prague (5.02%) and Riga (4.97%), trailed behind Bulgaria in the ranking.
Taiwan's Taipei (2.38%) and Paraguay's Asuncion (2.82%) occupied the bottm of the ranking. Malta's Valetta ranked third to last with a return of 2.85%.
Data by Global Property Guide