The Dominican Republic is the latest country to claim that property prices have continued to grow despite the global financial situation.

Les Calvert, a director of overseas property portal Property Abroad, said: “In July this year, the Dominican Republic was found to be the most affordable place in the Caribbean to buy property. But even before that the Dominican Republic's popularity with overseas investors and property buyers was exploding.

“An array of new developments and properties began to spring up at bargain prices, and with astonishingly high mid-long term rental guarantees, as Dominican Republic tourism grew by 5.6 percent in the first four months of 2008 when compared to the year before. It continued to grow strongly, and has been relatively unaffected by the global situation.

“Because of this growing tourism, and the abundance of bargain properties all making astonishing rental yields the prices of off-plan Dominican Republic property have grown by between 25 percent and 100 percent in the past year.

“This is according to my own research; comparing the prices I have on record for properties that were priced from one year ago, and the price of the same or similar properties in the same areas now.

“According to the same research the immediate growth promised on off-plan properties is also being achieved.

“One example is a two-bedroom apartment in Sosua, bought off-plan at the beginning of the year for just under £25,000 and now in the final stages of selling just after completion at £50,000, thus the 25 percent minimum immediate gain on completion is being achieved.

• Income generated by tourism in Bulgaria during January to August 2008 was up approximately 13 percent on the 2007 figure and, with the State Tourism Authority requesting more money to help promote the country as a quality destination these figures could be set to increase further still this year.

In fact, this same Tourist Agency is predicting that a new scheme based on 'Regional Development' could see the monies generated from Bulgaria's tourism industry grow by €50 million by 2011.

Bulgaria’s capital city Sofia, one of Europe's oldest cities, is also becoming a popular destination for tourists and business people. Recent passenger figures from Sofia Airport have shown an increase of 20 percent a year for the last five years. Budget airline Easyjet has also recently added extra flights to Sofia Airport from Manchester.

A spokesperson from the airline said: “There are a growing number of second home owners investing in the Bulgarian market and Sofia itself is one of the up and coming city break destinations for 2009.”

This additional accessibility to Bulgaria's capital city is sure to increase its popularity further still and, as Easyjet have recognised, this proves good news for those investing in property in the region.

As a growing market, it is a good time to invest in Sofia, and one project, The Aston Hotel Sofia, could prove to be a sound investment for the savvy buyer. It is a 4 star hotel complex that has 52 en-suite bedrooms and six suites available for €14,000 on a buy-to-let basis.

This offers investors 28 days per year of potential room income earning 50 percent of the revenue from their allocated room and a guaranteed 6 percent yield in the first year.

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