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Why Bulgaria?
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| Bulgaria is the fastest growing holiday and property investment destination in the world – and it’s easy to see why.
In Bulgaria the summer climate is similar to southern Spain, with a host of beautiful Blue Flag beaches, while Bulgaria in the winter offers skiing to rival that of the Alps. The costs, not only of property, make the rest of Europe appear horribly overpriced - dinner for 2 in Bulgaria costs about 7 Euros or £5, with beer at just 50p a pint!
Bulgaria is steeped in history and has a rich cultural heritage that will fascinate tourist and property investor alike. Bulgaria is also one of the cleanest and most unspoilt property destinations in Europe with 7 national parks and about 3000 protected natural sites. However, the rapid pace of economic development in Bulgaria means that there’s no shortage of modern leisure facilities and entertainment attractions. There’s something for everyone in Bulgaria, from gorgeous beaches and breathtaking coastlines to stunning mountain ranges and nature reserves, from vibrant cities to charming rural villages and modern holiday complexes to ancient monuments – Bulgaria has it all, in abundance! And you’ll find a property to suit in all of these areas.
Getting to Bulgaria is easy - there are plentiful low-cost flights from the UK and Ireland, and the number of operators flying direct is increasing all the time. Flight times to Bulgaria are just 3 hours.
Ten years ago the idea of investing in property in Bulgaria was unthinkable. But since the fall of the Iron Curtain in 1989 the fortunes of Bulgaria have been transformed beyond recognition - Bulgaria has emerged from the shadow of communism to become Europe’s new property hotspot. In just a few short years Bulgaria has become a property investor’s paradise where many Britons are picking up a luxury property in Bulgaria for the price of a new car!
Tourists and property investors from all over the world are flocking to Bulgaria to sample the delights of this remarkable country, so there’s no shortage of year-round demand for property and accommodation. Bulgaria’s economy is booming and the government in Bulgaria are investing heavily to improve the infrastructure. It has, for instance, poured £130 million into Bulgaria’s mountain resort of Bankso, popular with property investors, to enhance the 65Kms of piste and install the most up to date equipment of any European ski centre. What’s more, when Bulgaria joins the EU in 2007 over £3 billion will be made available to accelerate Bulgaria’s already impressive rate of improvement.
The property market in Bulgaria is some way behind that of neighbouring Croatia, a country where property prices have already caught up with property prices in Spain. This fact, plus Bulgaria’s wealth of natural attractions, wonderful climate, rich culture, imminent EU entry and rapid economic development all suggest that property price gains of 200%-300% are not unrealistic in Bulgaria, and that this upward trend in property will continue for quite some time. In Bulgaria, property investment opportunities are unrivalled, but the biggest gains in property price will obviously be made by those who buy property in Bulgaria now, before the mass of people jump on the property bandwagon.
With offices in the UK and Bulgaria, BG Developments are perfectly placed to help you buy a property in Bulgaria. Whether it’s a property on the coast, a property in the city or a property in the mountains, we have the ideal property for you. And we make buying property in Bulgaria simple. This site is a step by step guide to buying property in Bulgaria, with all you need to know about the property market in Bulgaria, where to buy property in Bulgaria, property prices in Bulgaria and how to make a success of buying property in Bulgaria.
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Investment Opportunity
There has never been a better time to invest in Bulgaria. The economi... more
About Bulgaria
For tourists and property investors alike, Bulgaria truly has it all. ... more
General information
The Republic of Bulgaria covers 110,910sq km and has a population of 7... more
Airports
Sofia Airport
Sofia airport is just 5km east of the ... more
Climate
Bulgaria is blessed with an almost perfect climate. Summers are typica... more
Culture and Traditions
As you’d expect of a country with such a long a chequered history Bulg... more
History
Bulgaria has a long, turbulent and fascinating history. It has been i... more
Bulgaria’s entry into the EU
On the 25th of April 2005 Bulgaria signed the accession treaty that wi... more
Economy
How favourable is it for foreign investors?
The Bulg... more
The property market in Bulgaria
Bulgarian real estate sector is currently very buoyant – there is no s... more
Government
Bulgaria is a stable Parliamentary Republic. The constitution was rat... more
Useful Tips
Body language
It’s confusing - you need to understand that... more
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