Bulagaria Real Estate Investment

Introduction to Bulgaria

One of the cradles of European civilization, Bulgaria is also home of t he oldest known system for writing in the world which has been engraved on the Gradeshnitsa Tablets. With a very rich and wonderful history of bravery and wealth, with deep roots in the Thracian, Greek and Roman worlds, Bulgaria has a varied landscape with tremendous diversity. From snow-capped peaks of the Balkan, Rila and Pirin to the wild and sunny coast of the Black Sea to the hilly country and plains found along the lifeline Danube River, you can find it all in this country. Little wonder then that Americans, British, Canadians, and Europeans are showing much interest in Bulgarian real estate.

Currently considered as one of the most rapidly progressing countries in Europe, Bulgarian investment property along the coast, mountains and now big city locations is getting major recognition. Since, Bulgaria shares borders with five countries – in the north with Romania mostly along the Danube River, in the west with Serbia and the Republic of Macedonia, and in the south with Greece and Turkey, as well as the Black Sea, which makes up for Bulgaria’s entire eastern border – its culture, lifestyle, and bio-diversity have been the biggest draw in the recent years catapulting the property prices to newer heights of around 31% per annum.

Why Bulgarian Investment Property?

Let’s take a look at some of the reasons why Bulgarian investment property has become so attractive to foreigners and why the property market is booming here. Much of the credit for Bulgaria’s overall significant growth potential and booming real estate market has to be given to the natural and economic factors.

Natural and Cultural Factors

1)      37,500km hiking paths and mountain trails!

2)      354km long, beautiful and sunny Black Sea coastline

3)      11 "Blue Flag" beaches along the coastline making it very safe for tourists including Sunny Beach

4)      Plenty of rich Roman, Greek and Thracian historical attractions, which include 9 UNESCO certified world heritage sites

5)      Top ski resorts with latest equipment such as Bansko, a ski and summer resort near the Pirin Mountains

6)      Sofia, the capital is a modern and vibrant city steeped in history and with excellent commercial real estate investment opportunities

7)      Easily accessible from all European destinations and connected by budget air services Bulgaria is as big as UK but has low population density

8)      Shares borders with Greece, Macedonia, Romania, Serbia and Montenegro and Turkey

9)      Mild and Sunny weather along the Black Sea Coast with 27°C avg. summer temperatures

10)  Excellent water temperature of 22°C makes swimming in the sea comfortable

11)  Over 500 mineral springs, some with world-class spa facilities

Economic Factors

Bulgarian property prices have shown a tremendous growth of 50% on an annual basis since 2002, with property prices having doubled in just two year. For ideally located property in Bulgaria, the average expected growth is around 20%-25% per year.

Bulgaria’s natural factors such as the bio-diversity, flora and fauna, sun, sand and sea along with beautiful and picturesque landscapes have played a key role in Bulgarian investment property market emerging as one of the world’s ‘hottest’ markets!

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Other Bulgaria Real Estate Investment Articles

1. A Guide to life in Bulgaria
2. Bulgarian Property Market Insight
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3. Property in Bulgaria - Huge Investment Potential
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4. Prosperity in the Bulgarian Property Market: How Much Longer Can It Last?
5. Bulgaria Property Investment Draws Significant Returns
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6. Investing in Your Future: Buy House in Bulgaria!
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