Property Investment Bulgaria
There has never been a better time to invest in a property in Bulgaria, it
is currently one of the hottest places for investment. Right now the prices
are low but are set to rise 20-30 % in the next year, in the run up to Bulgaria
joining the EU.
The favourite places for investment are currently the black sea coastal region,
the ski resorts, the city centres and the village regions. Where you choose
to invest really depends on the nature of the investment, whether it be a
second home, a holiday home or a business venture whatever it is in Bulgaria
the prices are so affordable that anyone can have a go at investing in a
property.
Since 1989 when communism in Bulgaria collapsed, it has opened its doors
to tourism and with such natural beauty in this country it isn’t hard to
see why interest in it is rapidly escalating.
Bulgaria has a wealth of unspoilt beaches, spectacular mountains, cosmopolitan
cities and so many historic locations to visit and all in such a small area,
the opening up of this country has created a exclusive opportunity for property
investors to buy very cheaply in such exceptional locations and right now
is the perfect time, the longer you wait, the more you can expect to pay.
At the moment Bulgaria remains relatively undiscovered by tourists, yet it
offers better value for money regarding property investment than any other
European country. But given time this could become one of the hottest holiday
destinations in Europe. The four international airports, in Sofia, Plovdiv,
Varna and Bourgas are fairly easy to reach, and the Bulgarian government
has poured so much money into the country’s infrastructure that getting around
will be a piece of cake!
The property prices in Bulgaria have already risen by about 25% in the last
year meaning that the cost of rent may be also on the increase in turn suggesting
bigger returns for investors and this can only rise in the coming years as
Bulgaria gains popularity.
Ski resorts in Bulgaria are currently very popular for investors as this offers a longer rental season with Pamporovo, Bansko and Borovets being most popular. In a few years Bulgaria is likely to be the number one ski destination
in Europe. The city centres also remain popular for investors, particularly Sofia the
capital, Varna and Bourgas.
For the investor who wants a quiet little retreat for themselves and to
let out, then the village locations may be just right choice with their charm,
tranquillity and wonderful friendly people. As always the coastal regions remain prevalent as the majority of us want
to go on holiday and rest on a gorgeous clean sunny beach!
Bulgaria is fast attracting scores of tourists and investors with its dazzling
natural beauty, fantastic ski resorts, excellent beaches and predictable
weather, so advice to the potential investor is to do your research now & bag a bargain.