Investment in property in Bulgaria
Why to buy a property in Bulgaria?
A country with a thousand-year old history - this is Bulgaria. On that small piece of land you can see not only mountain heights and clear springs, but sea sand and crystal sea, virgin spots and nature. Here you can find that harmony and balance between the strenuous and busy life in the big cities and the opportunity to rest in the mountain or on the sea.
For the moment Bulgaria is one of the best opportunities for investing in real estate properties. For sure it is still undiscovered and undeveloped market for the real estates with investment aim and in that way it offers huge possibilities for big profit and high annuities for those who decide and make their investment just now.
Bulgarian development and land prices near Sofia and seaside resorts are still 3 to 15 times lower than average prices in the European Union. Furthermore, valuations in Bulgaria are more attractive than those in Romania, the other EU entrant together with Bulgaria. The competitive power of the country when it is matter the investing in real estate properties determines of the fact that in comparison with the other countries who have sea outlet and developed tourism as Croatia, Spain, Turkey, Greece and others, the prices here to a great extend are considerably lower. The other fact is that in Bulgaria mainly are offered off-plan properties at really competitive prices.
From tourist point of view the most popular real estate investments are in properties by the sea and in the winter resorts. The biggest Bulgaria sea resorts are Albena, Sunny Beach, Golden Sands, Nesebar, Sozopol and others, which are being serviced by the two main Varna and Burgas airports. Lovely climate with incredible sights, hospitality, intrinsic only to the Bulgarians, tradition in the culinary temptations combining with continually innovation and great variety. You can find all that on our Southern and Northern Black Sea coasts. That is what attracts more and more clients from East Europe, which have close culture and language. Buying a real estate property in Bulgaria opens a lot of European perspectives for them and of course a possibility to enjoy the beautiful beaches and the blue sea. There is also increasing visibility in the UK, Western Europe and the USA. Targeted campaign for giving business tax breaks by the Bulgarian government will further generate foreign interest and create a competition for the best properties. Western European and US press shows growing interest in Bulgaria's Real Estate. Investing in Bulgarian Real Estates is very attractive for many Western Europeans and especially US pension funds - the returns from investing in Bulgaria are much larger than the ones in their own markets.
In the capital Sofia most developed types of investing are the city's, office and trade properties. Bulgaria offers the foreign investors one of the best prices for running a trade activity in Europe. The investments in real estate properties have ensured a great number of modern offices at very good prices.
Of a great importance is the economic situation in which is Bulgaria at the moment - stable democratic government driven by economic growth agenda. It is a fact that in Bulgaria there is a high qualified, polylingual staff at the best prices in Europe. The workers' abilities and the low labor value are a motive for the foreign companies to invest in the country. EU accession creates a united market and the increases the competition. As a result the travel will facilitate and the prices across the Euro zone will equalize. The international interest in real estate properties in Bulgaria is booming, especially from EU citizens and Bulgarian expatriates.
Investing in Bulgaria, you get the unique opportunity to become a part of the culture of this country. The old times spirit is still alive and could be felt even in the puff of wind. Live in luxurious new buildings, but do not forget to draw on the source of past. Discover the beauty of Bulgaria and ask it in your homes!
You can find more information about all properties in our new offices in Sunny Beach, Sozopol and Primorsko resort!