Bulgaria has been tipped as the hotspot of Eastern Europe by many property investment companies, but Stuart Law, Managing Director of Assetz, property investment specialist, advises investors to be cautious as Bulgaria is an immature market.

Stuart Law, Managing Director of Assetz, says: "Investors face a barrage of potential pitfalls when considering investing in an immature market such as Bulgaria. There are good opportunities for both city-centre buy-to-let properties and holiday homes with letting potential, but despite promising returns, investors must be wise to the risks involved of buying in an emerging economy."

He adds: "The best investment opportunities include the ski resort of Bansko and the Black Sea resorts of Varna and Bourgas. The capital Sofia is developing rapidly as a commercial centre, signalling that capital appreciation and rental yields should be very strong in the future, however investors should be aware that this is in no way guaranteed. People looking for a quick fix to cover a pension shortfall should not invest in Bulgaria."