OFF PLAN BULGARIAN PROPERTIES
Full Name: Republic of Bulgaria Capital City: Sofia Area: 110,910 sq km / 42,822 sq miles Population: 7,358,000 Time Zone: GMT/UTC +2 Daylight Saving Start: last Sunday in March Daylight Saving End: last Sunday in October Languages: Bulgarian (official) Religion: 85% Bulgarian Orthodox, 13% Muslim Currency: Bulgarian Leva (Lv) Country Dialing Code: 359
Bulgaria Property Investment
Bulgaria Proving To Be A Favourite With International property Investors
Off plan property in Bulgaria is consistantly being talked about as one of the top emerging markets for property investors in the World. Bulgaria offers property investors a number of reasons to invest in property and here we take a look at some of these reasons and provide valuable information on why Bulgarian property is currently so popular and what investors in Bulgarian property can expect in the future.
Bulgaria is located in South Eastern Europe and is roughly the same size as the United Kingdom although very sparsely populated, with a population of around 7.5 million. One of the largest attractions to property investors in Bulgaria is the very low off plan property prices Bulgaria can offer. This along with its increased visibility on the World scene, natural factors such as beautiful beaches and Ski resorts and its recent membership to the EU.
Investing in Bulgaria Strategies for investment in Bulgaria follows both the "pure investment" and "buy to let" models. Invest now in property that is still relatively cheap and expect that the value of these properties will rise along with the popularity of Bulgaria already underway. These investors look to the recent EU inclusion to also have a positive effect on the value of their investments. We specialise in property in Borovets & currently have properties in the new Super Borovets resort.
Bulgaria Buy to Let investment is now becoming a viable option with the increased general awareness of the area and its natural beauty. Its also now much easier to travel to many of the major locations with air services increasing. Property rental is becoming popular in the Ski and Beach locations and so these areas are popular with property investors looking for rental returns.
Reasons Why Bulgaria Is An Intelligent Investment:
Off Plan Property Bulgaria - Geography
* 11 "Blue Flag" Beaches along 354km of Black Sea coast * 37,500km Hiking paths and mountain trails * Roman, Greek and Thracian historical attractions, which includes nine UNESCO (United Nations Educational, Scientific & Cultural Organisation) world heritage sites * Top Ski resorts with latest equipment - See Bulgaria Ski Resorts * Short flight times from Europe * Borders with Greece, Macedonia, Romania, Serbia and Montenegro and Turkey * Low population density * Average air temperature on Black Sea Coast in Summer is 27c and average water temperature is 22c * Over 500 mineral springs
Off Plan Property Bulgaria - Economic
* Early stage of development in Bulgaria, ideal time to invest * Huge tourism growth potential. Increase of 50% between 2000 and 2004 (90% increase from EU visitors) * Tourists expected to exceed 20 Million by 2010 making it an attractive tourism hotspot * Stable government commited to economic reform * Now a member of the European Union * Large amounts of foreign direct investment * property construction emphisis aimed towards high quality design and build with minimal enviromental effect * Gross Domestic Product growth expected to be highest in Eastern Europe by the Institute of International Finance
Take Advantage Of A Prestigious Growing Property Market - Bulgaria
The biggest advantage of a Bulgaria investment now is that its such a new location with un-rivaled potential and can meet investors requirements on several different fronts, a real estate investors dream. |