Investing in Property in Bulgaria
Reasons to Invest
Bulgaria has undergone impressive changes leading up to and continuing on from its admission into the EU in 2007. The popularity of the real estate investment market has increased dramatically, along with the tourism market. Rapidly modernising, yet steeped in history, Bulgaria provides investors with an emerging European market with a huge demand.
Bulgaria provides a unique opportunity for short, medium and long term investors to benefit from capital growth, estimated to be up to 20% per annum in certain areas. The country offers various opportunities, with a year-round rental market in cities such as Sofia, a winter skiing hotspot destination in Bankso, and warm summer sunshine on the beaches of the Black Sea coast.
With the numbers of holiday makers visiting Bulgaria almost doubling in recent years, the accessibility with discount flights and short travelling times from other European cities, Bulgaria has truly started to make its position as an ideal holiday destination across the globe.
The steadily growing economy and stable government encouraging foreign investment has assisted with the recent growth and popularity of Bulgaria as an investment location. Finances are being directed at improving infrastructure to continue the growth of the investment and tourism markets, as these areas have proven to be ideal sources of economic growth for the nation.
- Capital growth is about 14% in Bansko and 20% in Sunny Beach
- Fantastic rental opportunities along the coastline, ski resorts and city centres
- Opportunities for 10 year build guarantees
- The country been a member of the EU since the beginning of 2007
- Bulgaria has thrown off the shackles of communism completely, and has been a member of NATO since 2004
- No visas required for EU passport holders, unless staying for longer than 30 days
- E111 health insurance covers visitors
- The country benefits from modern hospitals and specialist clinics
- Very cheap cost of living – £7 buys for a meal for two, and a pint of beer is only 50p
More Info: Features & Benefits | Past, Present & Future | Bulgaria Homepage
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