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Bulgaria

About Bulgaria

The fastest growing investment market in Europe

Bulgaria is located in South Eastern Europe, situated in the heart of the Balkan Peninsula. It boasts an old and rich history. Many of the world’s greatest cultures have inhabited this beautiful country, leaving behind a veritable treasure of historical riches.
 
Its picturesque scenery is breathtaking all year round. From the stunning beaches and waters of the world famous Black Sea to the rolling mountains that are home to world-class skiing resorts, Bulgaria has a coast line of 220 km, of beautiful blue flag beaches for the summer holidaymakers, and has over 150 days of sunshine a year, with average summer temperatures of 26ºC and occasionally climbing to 35ºC.

Why Bulgaria?

  • The Black Sea Coast resorts are a major tourist destination and property prices are increasing rapidly with many overseas investors entering the market because of its high growth potential.
  • Bulgaria is scheduled to join the European Union in 2007. Local currency (Lev) pegged to the Euro making it stable and less volatile. Most properties can be bought and sold in Euros.
  • Bulgaria is one of the fastest growing holiday destinations in the world. There are regular daily flights from the UK and Ireland to Bulgaria. Low-cost airlines are entering the market and the number of direct flights is increasing.
  • Property prices are currently one of the cheapest in Europe. Prices are rising at an annual rate of between 20% - 30%, but property is still considered very cheap.
  • The cost of living is still significantly lower than other European countries, with a dinner for two costing about 7 Euros and a pint of beer for 70 cents.
  • Sophia, the capital is now undergoing a complete economic transformation. It has become one of the main investment destinations for an ever growing number of foreign multinational and diplomats arriving into Bulgaria. Luckily, this transformation is still in its infancy, which means ample investment opportunities remain.
  • Bulgaria is politically stable, with government bonds being of investment grade.
  • Excellent rental returns are achieved through holiday rentals.

In short Bulgaria is a small unspoiled country with impressive prospects.

Every day it is becoming more and more prosperous as it integrates into the European economy. Change is opportunity in the world of property. The opening up of this country has created a unique opportunity to purchase properties in such a stunning location for rock bottom prices, all without leaving Europe!

The most profitable investment is buying in off-plan developments during the early stages, and with the market showing huge capital growth and rental potential over the next few years, Bulgaria offers an unrivalled investment opportunity.