Key Facts
Whether you are looking for a holiday home, retirement home or a long-term investment property you could have a look at some useful facts about Bulgaria: Due to the unique situation of being in transition between closed economy and accession to the EU in 2007, the Bulgarian real estate market offers unique investment opportunities for any budget.
• The general cost of living is one of the cheapest in Europe. Property prices are 50-80% cheaper than the ones in Spain, France, Italy and Greece.
• Property prices rose by more than 20% in the last year alone. Bulgaria has recently joined NATO and is scheduled to join the European Community in 2007. Bulgaria benefits from a Mediterranean climate that offers long sunny summer and snowy winter.
• Bulgarian people are very friendly and open to foreigners. The Bulgarian market has a lot to offer to all types of investors, whether you are a business owner or you are looking for extra cash coming in from a rental property or you just want a holiday home for the summer or winter. With an increasing property price rise Bulgaria is the ideal investment opportunity. The investment market offers anything from already build hotels, restaurants, pubs etc. to investment in your own piece of land where you can start from scratch and build the house of your dreams.
|