Bulgaria Property

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Bulgaria property investment is now open to outsiders. Visit

Bulgaria and you will see the phenomenal rise in property values. Four to five years ago, the Bulgaria property market did not even exist. So what happened?

Since the collapse of communism in 1989, Bulgaria has been opening itself up to the rest of the world, and its natural attractions work their magic.

Bulgaria Transition

Bulgaria, a country located in the very heart of the Balkan Peninsula between Romania and Turkey, shares common borders with Greece, Macedonia, Serbia, and Montenegro. As such, it provides a natural gateway to the emerging markets of the CIS and Asia.

Bulgaria has just joined the European Union in 2007. It has firmly embraced the twin principles of democracy and market economics, and is now a full member of NATO. This will open trade with North America.
Millions of euros have been poured into Bulgaria via programs like the SAPAR and PHARE projects to improve the infrastructure and to prepare for EU accession. The money spent through these programs has stimulated the tourist sector and has already had a hugely positive effect on the Bulgarian economy.

Bulgaria property prices are rising quickly and are expected to increase further between now and EU accession in 2007.

Bulgaria enjoys a stable macroeconomic climate with:

• economic growth of around 4.5% – one of the highest in Europe,

• annual inflation of 3.8%,

• a low taxation rate across the board, and

• a strong growth in tourism.

The national currency, the lev, has been euro-pegged since 1997, thus stabilising the economy. The euro is expected to replace the lev as official currency around 2010.

Best Places to Invest

Bulgaria property offers better value for the money than in any other holiday destination in the European continent. The area is still relatively undiscovered by tourists, so Bulgaria property has yet to see the spiraling prices that have typified areas such as Spain, France, and Greece.

• For example, a 2-bedroom villa within walking distance of the beach costs around £75,000 in Bulgaria compared to approximately £180,000 in Spain, £200,000 in France, and £110,000 in Greece.

• A ski chalet in Bulgaria would cost around £60,000, compared to approximately £250,000 in France and Italy.

• What about a country retreat? In Bulgaria, this would cost anywhere from £8,000 - a price virtually unheard of in any other region in Europe.

There are four main places to buy property in Bulgaria and these are

1. Black Sea Coast Region

2. Ski Resort Regions

3. City Centre Regions

4. Village Regions

Sharon and her husband live out in Bulgaria and they know the market well and have good contacts.

You can contact Sharon direct by completing the form below.

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