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OVERVIEW - Bulgaria Property in Bulgaria is being purchased by shrewd investors, keen to take advantage of the current low prices, while they sit back and watch the value of their properties increase at a steady and rapid pace.
Bulgarian Real Estate still offers outstanding Investment Potential.The current boom in Bulgarian property consists mainly of high quality new developments in both the ski resorts like Bansko and the seaside resorts along the Black Sea Coast. Property in Bulgaria caters for all tastes, whether in terms of location or property style, and offers unbeatable prices. This great investment opportunity is a result of extensive World Bank funding, allowing improvements to Bulgaria’s infrastructure and tourism industry and transforming it from its former Communist days. Bulgarian holiday homes have now become a truly viable option for investors looking for a promising "Buy to Let" market while they enjoy safe and very profitable returns on their investment.
The World Bank predicts economic growth in Bulgaria to continue this year by some 6%. What is more, Bulgaria is now serviced by low cost airlines making it all the more accessible to visitors. Meanwhile, the country continues to make major improvements to accommodate a booming economic growth - all good news to foreign investors. For a potential property investor, Bulgarian property currently offers the perfect opportunity to invest into anemerging property market very early when property prices are at an all-time low. Bulgaria is an area of stunning beauty with many natural charms and a warm climate. In 2007, Bulgaria joined the EU and today, after extensive harmonization with EU legislation, investment property potential is very attractive to foreign investors. | |||||||||||||
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