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Bulgaria

Property-Global.com and Bulgaria

TheĀ Property-Global.com has selected Bulgaria as one of its chosen locations to offer solid investment opportunities to its members. Why not find out the many reasons for this in ourĀ Bulgaria Investment section and learn why Bulgaria is firmly set to offer property investors excellent investment opportunities.

Why Invest in Bulgaria?

Bulgaria is now considered to be one of the greatest emerging markets for worldwide property investors and according to world officials, Bulgaria´s property boom is set to last. Natural and economic factors heavily contribute towards Bulgaria’s significant growth potential.

Natural and Cultural Factors

  • 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 world heritage sites
  • Top ski resorts with latest equipment - See Bulgaria ski resorts
  • Modern, vibrant city of Sofia, steeped in history and bustling with 21st century commercialism.Ā See Sofia city property investment
  • Budget air services and short direct 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 27°C and the average water temperature is 22°C
  • Over 500 mineral springs, some with world-class spa facilities

Economic Factors

  1. Early stages of development in Bulgaria make it an ideal time to invest.
  2. Huge tourism growth, with figures up by 20% in 2006 compared to the previous year
  3. The World Tourism Organisation predicts Bulgaria to welcome in excess of Ā 20 million tourists by 2020.
  4. EU member with stable government, committed to further economic reform.
  5. Large amounts of ongoing foreign direct investment.
  6. Excellent property prices and growth potential compared with most other European locations.
  7. Widely considered as one of the most rapidly advancing European countries.
  8. Property construction now puts emphasis on high quality design and build with minimal environmental effect.
  9. According to the Institute of International Finance, GDP growth is expected to be highest in Eastern Europe at 6% for 2005 / 2006.

Land for Development / Project Sourcing

Bulgarian land purchase gives investors a prime opportunity to gain maximum returns on investment. Propertyshowrooms.com and IPIN (International Property Investment Network) work with a close network of developers, land owners and agents alike to establish a carefully vetted list of sources and contacts which allows us to find our clients the very best options available today. Should you so require, we will also assist you to set up joint venture opportunities in Bulgaria and implement investment strategies with the help of our trusted network of professionals.

An improvement in the worldwide property investment climate now allows us to identify many large-scale individual investors and investment consortiums who wish to take advantage of the current hot investment locations in Bulgaria.

Summary

Bulgaria is now offering some of the best investment opportunities available, with profits on off-plan purchase often reaching as much as 50% upon completion. However, capital growth will undoubtedly slow down eventually. Intelligent investors are making the most of todayĀ´s real estate market in Bulgaria, while opportunities still last for land, buy-to-let and pure investment options.



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