Investment
in Bulgaria - property investment
Looking for investment overseas? Property
in Bulgaria has become a frequent choice for British investors overseas in the
past two years. Bulgaria is opening its doors to its Western European neighbours
for holidays, investments and permanent living.
Why Property in Bulgaria?
-
Bulgaria
is scheduled to join EU in 2007 and is a member of NATO already. It is expected
that after joining EU the Bulgarian property prices will rise sharply to a level
with the rest of the Europe. -
The
cost of living in Bulgaria is very low compared to European standards. A 3 course
meal in a restaurant for two with a few drinks will cost you around £5 -
£7! Council rates start from £20 per annum. -
You
would have fantastic weather and 220 km of amazing sandy beaches. Bulgarians claim
that the water in the Black Sea is actually warmer than the Mediterranean. The
outside temperature reaches 40C in summer months, but does not feel humid. Families
with small children love the Black Sea for its clean sandy beaches, excellent
facilities and pleasant weather. -
Bulgaria
is becoming the new hot all year round tourist destination to travel for many
people - seaside in summer and ski resorts in winter. According to the statistics
the number of tourists increased by 44% in the past year (in 2003-159,341 tourists
visited Bulgaria) and this figure is expected to exceed 200,000 this year. With
all this in mind, the prospects of letting your property in Bulgaria are very
promising. -
Bulgaria
is an economically stable democratic country. Local currency is the Lev - 0.50
Euro and is pegged to Euro. The population is predominately Christian (Orthodox
Church). -
The
economy is expanding rapidly with more and more foreign investors attracted to
the Bulgarian property market. Inflation is very low (around 5.9%).
-
Regular
direct flights (approximately 2.5 hours) from UK major airports (London, Birmingham,
Manchester and East Midlands) are available. The costs of flights are going down
all the time due to the increased demand in the past 2 years.
-
Bulgaria
has a very low crime rate, which makes it the main attraction for families. Thousands
of retired people are relocating to Bulgaria to find a new safe home and improve
their standards of living. -
Bulgarian property prices are on the rise as Bulgaria is tipped to be another
Spain in the near future. The property in Bulgaria still remains the cheapest
property in Europe and has a lot of capital growth potential. Look
no further if you need a thorough professional advice on buying a property in
Bulgaria. You need to go no further if you are looking to buy a holiday apartment
in Sunny Beach, we can help. Our partners have branches in every part of Bulgaria
and we can offer you commercial and rural properties throughout the country!
Bulgarian Properties Sale Ltd will offer you the best prices for Bulgarian properties
to satisfy any of your requirements and provide you with full after sales support.
Pick
up your phone today to discuss your requirements: 00 44 (0) 161 941 2070
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