Bulgaria

Communism ended in 1989 and since then Bulgaria has undertaken a radical transformation that has seen it gain NATA membership in March 2004 and will become part of the EU in 2007.

As a result of this there is a tremendous amount of investment taking place in Bulgaria at the moment as the country continues to develop in every way. The entire infrastructure of the country is benefiting from this investment as more and more people begin to realise the potential of Bulgaria.

Property prices in Bulgaria have risen dramatically in recent years and as accession to the EU approaches, prices are expected to continue to soar into 2007 and beyond. In comparison to other similar countries that have previously undergone periods of growth, it is clear that there is still a lot of room for further growth in the property market.

Foreign citizens are able to buy property in Bulgaria although they are currently unable to buy any land. However this can easily be overcome by setting up a Bulgarian limited company, which then enables foreign investors to buy land. It is widely expected that this will change in 2007 so now is the time to invest to gain maximum returns from your investment. At Buying Bulgaria Ltd we can assist any investor with this process.

One major attraction of Bulgaria is its fabulous sunny climate. In the dry, hot summers there is plenty of time to enjoy the beautiful sandy beaches as Bulgaria enjoys nearly 300 days of sunshine per year on the Black Sea coast. In fact it is the 240 miles of coastline, clean sea and warm water the appeals to many of Bulgaria's increasing number of visitors

For those who prefer other pursuits, there are cold, snowy winters to enjoy the numerous ski resorts that the country offers. The mountains also offer hiking and walking to enjoy the breathtaking views all year round.

Direct flights taking about 2.5 hours from the U.K. are currently available to Bulgaria and it is widely anticipated that budget airlines will soon commence flight schedules to the country to take advantage of the increase in demand for this location

Bulgaria is now a real alternative to the traditional tourist destinations. This is clearly evidenced by the number of foreign tourists who have flocked to Bulgaria in the past year. During 2004, just over 4 million visitors came to Bulgaria which is an increase of over 13.5% from 2003

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For further information about Bulgaria, please contact us on 01709 872247