Why to invest in Bulgaria?

          Bulgaria is located in South Eastern Europe, situated in the heart of the Balkan Peninsula and boasts an old and rich history. Many of the world''''s greatest cultures have inhabited this beautiful country, leaving behind a veritable treasure trove of untold historical riches.

          Its picturesque scenery is breathtaking all year round. From the stunning beaches and waters of the world famous Black Sea to the rolling mountains that are home to world class skiing resorts, Bulgaria has everything for everyone.

          The Black Sea Coast is a major tourist destination and property prices are increasing rapidly with many overseas investors entering the market because of its high growth potential.

          There''''s not another place like it anywhere else. From its sandy beaches to its stunning mountains, Bulgaria is blessed with more than its fair share of natural resources. Beautiful in nature, unique historically, rich culturally, and hot economically, Bulgaria has quickly became one of the most exciting investment locations in Europe today.
          About 1300 million Euros have been invested in the real estate market in Bulgaria last year. This business sector has attracted many investors from all over the world. The customers of the real estate companies are both foreigners and Bulgarians that are financially independent. Foreigners astonished by the Bulgarian nature are the major part of property buyers. They divide into three major groups:
          1. “Second home” buyers. These are mainly elderly people who want to move to Bulgaria. Most of them have health problems and the Bulgarian climate is perfect for their rehabilitation. They usually buy houses close to balneological resorts or in the mountain, in small and quiet residential areas, away from dust, noise and big crowds. They are fascinated by the Bulgarian traditions, fresh mountain or coastal air and prefer Bulgaria than many leading tourist destinations. In fact Bulgaria will soon become a major tourist destination.
          2. “Holiday home” buyers. They use their property for a short period, during the vacation and after it is over they let it for rent. The places that this group prefers are along the Black Sea coast and the skiing resorts, where the infrastructure is well developed.
          3. Foreigners that buy property for investment - people that invest in complexes so they can later sell it or let it. They also buy old houses that can be renovated and then sold at a higher price.
If you buy a property in Bulgaria:
*be careful with the choice of the company, which will organize the process of property acquisition. One company with necessary qualified consultants, team of lawyers, architects, who knows perfectly the underwater stones in property purchase, will guarantee you satisfying closing of the deal.
*when you buy a property with target generating profits from rent, find out how is the transitory rent market in the region. Be sure that not all the regions in Bulgaria have future potential for realizing of such kind of profit. Here is the moment we should say that another advantage of our company is that we work actively on the rental and property management market.
*if you like an investment in a plot for construction-pay attention to the statute of the land, the borders of regulation, the parameters for construction, the underground and over-ground communications, limited future cinstruction. There are clear laws and regulations, in Bulgaria, which give very accurate information about the parameters for construction of any plot. Of course you need to be familiar with these documents and necessary information, or to look for them in correct places.
*important moment of the deal is to ensure it legally.

What makes Bulgaria currently the top country for property investment?

• Bulgaria is a country that not only has weather comparable to Spain and other top holiday destinations, but also property prices that are less than a quarter of their Spanish counterparts.
• Over 150 days of sunshine a year, with average summer temperatures of 26ºC (79ºF) and occasionally climbing to a sizzling 35ºC (95ºF).
• Beautiful Blue flag beaches for the summer holidaymakers and top ski resorts for winter holidaymakers only a few hours away.
• Flights are only two and a half to three hours from the UK or Ireland. Low-cost airlines are entering the market and the number of direct flights is increasing.
• Bulgaria is fastest growing holiday destination in the world. Major tour operators such as Thompson and first choice have recently added Bulgaria to their brochures and site it as one of their top sellers.
• The cost of living is significantly lower than other European countries, with a dinner for two costing about 7 Euros (5 pounds sterling) and a pint for 0.70 Euros (50p).
• Bulgaria is a member of NATO and the EU.
• The currency (Lev) is pegged to the Euro, making it stable and less volatile. Most property can be bought and sold in Euros.
• Bulgaria is politically stable, with government bonds being of investment grade.
• Land prices are flying, with the average cost of land on the Black Sea Coast at 150 Euros per square meter, which is predicted to rise to over 400 Euros in the next three years.
• In the last two years property prices have risen by over 50% in some regions and is expected to grow at the same rate as has seen with the recent boom in the Spanish market.
• Highly profitable rental returns are achieved through holiday rentals.