The Blueridge BR40 is a nice little OOO size guitar. It has mahogany back and sides and spruce top. Solid woods scalloped braces and nice pearl inlays. It also has a smaller size neck diameter which is good for finger style picking. In the states it lists for under $500 so it can probably be found at some discount dealers for less. These guitars are just now starting to get some notice by us Martin and Gibson pickers and as they become more popular I'm sure the prices are going to go up up. I was totally impressed by the ones I played.
Try a lot of different brands I'm sure you'll find your favorite in time. Be patient. Dave