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Real Estate in Bulgaria

Real Estate in Bulgaria

Bulgaria is one of the most popular locations for European investors. Recent infrastructure improvements to supplement increased tourism provide the background for investment property in Bulgaria to become a stable market.

 

 

Property in Bulgaria has grown in popularity in recent years and many families are looking to Bulgaria to purchase more for their money than elsewhere in Europe.

The Bulgarian property market is the current investment hotspot and offers countless opportunities to any open-minded investor. According to the recent report released by the European Bank for Development and Reconstruction, property prices in Bulgaria have increased by 145% in the last three years. The value of the Bulgarian properties has rised 1, 5 times after the country joined the European Union in 2007. Bulgaria is prised on international level for its progress, legal, political and economic reform.

The Bulgarian Government has recently announced plans for a major expansion of Borovets that will turn it into a world class mountain resort. Well-located property in Bulgaria, such as Sunny Beach which is a purpose built holiday destination located on the southeast Black Sea Coast, and Bansko which is a ski and summer resort near the Pirin mountains, produce very high quality of build and internal finishing.

Off plan property in Bulgaria throughout these areas provide investors with a very competitive price structured product that has a ready-made rental market when complete.

 

 

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