Why Bulgaria?

Promising improvement of Real estate sector...

1. The real estate boom in Bulgaria started after the acceptance in EU.Бум недвижимости в Болгарии начался после принятия страны в ЕС.

2. In 2007, property prices have increased on average by 23%. The increase in prices depend on location and the attractiveness of real estate.

3. It is still a place with lowest real estate prices in Europe.The tourist attractiveness of the location, maintenance costs, season duration are very attractive in the Balkans.

4. Great improvement of the quality of workmanship and décor of the interiors and land development. Professional and experienced international developers operate in the real estate market. The real estates are usually available in three standards: turnkey, turnkey with bathroom and kitchen furnishings, or full standard [furnishing and equipment]. The first standard means only the lack of furniture – it includes painted walls, tiled floors, panels and carpets, complete bathroom fittings, internal doors, etc.

5. Many international investment funds invest in the Bulgarian real estate market – it additionally stimulates the demand.

6. It may take only few days to purchase (including travel and contracting).

7. The average yearly income from rental reaches the level between 4 and 10%.

Political and economic stability...

1. Bulgaria is one of the few European countries revealing a constant budgetary surplus growth.

2. Bulgaria joined NATO in 2004. Bulgaria entered the European Union in January 2007. This fact forced the state to fulfill certain legal and economic requirements. Large international funds as well as the English, Dutch, Irish, Austrians, Russians, Danes, Greeks, Czechs and others invest in Bulgaria.

3. Very low labor costs in comparison to other EU countries.

4. Дългосрочното отдаване под наем се договаря допълнително.

5. Geography – a strategic location in Balkan peninsula

6. Low costs of living – cheap water, power, maintenance, tourist-friendly prices.

Bulgaria in brief

Located in South Eastern Europe, Bulgaria is bordered by Greece and Turkey to the South, Romania to the North and Macedonia and Serbia to the West. Its Eastern Border is formed by the beautiful Black Sea Coast.

A country of outstanding natural beauty. The environment remains unspoilt and is incredibly varied. A relatively small country, a few hours drive will take you from the snow covered central Pirin mountain Ranges to the long sandy beaches of the Black Sea coast. Forming the heart of several of ancient histories greatest civilizations Bulgaria's rich culture is reflected in a vast number of architectural treasures. Only Greece and Italy have a greater number of historical monuments. Throughout the country you will find ancient Greek sites, Roman amphitheatres and Byzantine churches. The country is home to 160 monasteries, 36 cultural centres and 40,000 listed archaeological monuments. Seven sites have achieved a coveted place on the UNESCO world heritage list. Quality of life - First time visitors to Bulgaria are surprised by its diversity and its stunning natural beauty.

For years a real effort has been made to preserve the country's rich and unspoilt flora and fauna. As a result, Bulgaria is ecologically one of the purest countries in Europe, with exceptionally clear air and water resources. There are 7 national parks, more than 3000 protected natural sites and 17 bio-spherical reserves (the greatest recorded number in Europe). There are also 419 protected animal species and 63 protected types of plant.

The Black Sea Coast of Bulgaria - The 380 kilometres of beaches are amongst some of Europe's cleanest and safest. Many of them have been awarded prestigious “Blue Flag” status. The region enjoys average summer temperatures of between 25-30 degrees. The season extends from April to October.

Coupled with the renowned low cost of living it is easy to see why the Black Sea coast provides and an ideal summer destination – and is surprisingly easy to access from an ever increasing number of European Airports. Even though the Black Sea coast is an established tourist area, with resorts such as Sunny Beach attracting tourists since the late 1950's, it has recently become one of the fastest growing summer tourist destinations in Europe. So fast growing in fact that last year demands for tourist beds outstripped supply by 20%!


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