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ATTRACTIVE PROPERTY 10 KM FROM VELIKO TARNOVO
NEAR TOWN. MOUNTAIN AREA.
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    WHY INVEST IN BULGARIA

WHY property in Bulgaria ? Because property in Bulgaria is one of the fastest growing assets, which is due to the the improved economic conditions, political and social stability; Bulgaria is already a NATO member and a full EC membership is scheduled for 2007. Bulgarian real estate prices are by far much lower than other destinations in Europe but the estimated admittance to EC membership of Bulgaria provides unprecedented growth potential that will certainly boost the prices of the Bulgarian real estates in the near future. Bulgarian market is still unexplored and undeveloped to a certain extent, which makes it very attractive and profitable. Macroeconomic stability: Political and economic stability Sustained GDP growth of 4.7-4.9 % per year NATO membership achieved in 2004 EU membership set for 1 January 2007 Very competitive labor cost compared to the rest of Europe Very competitive tax regime - 15% corporate profit tax as of 1 January 2005 Well educated, highly trained English speaking workforce Strategic geographic location Full national treatment of foreign investment Top tourist destination: Bulgaria voted No. 4 tourist destination worldwide by The Washington Post 22% average annual growth of tourist arrivals for 2002 – 2004 43% year-on-year increase in British tourists for 2003 Well developed and constantly improving summer resorts Excellent skiing opportunities with guaranteed winter snowfall Unbeatable prices guaranteeing best value for money holidays 1600 thermal mineral water springs Rich historical and cultural heritage Easy access from Europe Booming real estate sector: 25% price growth in the last 12 months. Still lowest real estate prices in Europe. Strong year round corporate letting market in Sofia. Dramatic increase in demand for quality accommodation at Bulgarian resorts. Strong drive for property purchase from Bulgarians living abroad.
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