Why Invest in Property in Bulgaria
Features & Benefits
In comparison with the majority of other European countries, especially those with membership in the EU, Bulgaria provides competitive property prices, high returns and continued demand for real estate investments. While Bulgaria is still considered to be an emerging market with huge growth potential, the popularity of the location is set to drive property prices up in line with other more established European destinations in the coming years. This enables the early investor to benefit greatly from the opportunities available at present, to enable maximum returns on investment.
The establishment of Bulgaria as a holiday location is favourable to property investors, as the majority of tourists are European holiday makers taking advantage of the year-round opportunities presented in Bulgaria, from city breaks, to skiing, to warm summer coastal holidays. Increasing numbers of European tourists are opting for self-catered holidays, staying in privately rented apartments and villas during their visit, rather than the traditional hotels.
Bulgaria’s admission into the EU has also opened the countries doors to increasing numbers of Europeans taking advantage of the freedom of movement entitlement, enabling them to live permanently in Bulgaria, an option increasing numbers of people have considered due to lifestyle factors and growing economy providing improved employment opportunities.
Location features of Bulgaria include regions such as Bankso, located in the south-west, within the Pirin National Park. Bankso is a sought-after resort area with first-class touristic facilities, excellent infrastructure and public transport. This resort area provides close to 40 miles of world-class skiing, and further development is underway to make the area on-par with the best in Europe. Even during the summer months, Bankso remains a touristic destination, with comfortable, warm temperatures, mountain hiking, stunning lakes and a championship 18-hole golf course, designed by Ian Woosnam.
The Black Sea coastal area is located along the east of Bulgaria, featuring over 230 miles of coastline. The area offers a cosmopolitan lifestyle and is a hugely popular holiday destination for Bulgarians and visitors from neighbouring countries. All of the beaches are ‘Blue Flag’ maintained to European standards and the entertainment options are not lacking in any way. The Black Sea coastal region features approximately 300 of the hot spring spas of which the country is famous for.
More Info: Reasons to Invest in Bulgaria | Past, Present & Future | Bulgaria Homepage
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