Bulgarian Property

Bulgaria is located in South-eastern Europe, bordering the Black Sea, between Romania and Turkey, Bulgaria is the third most attractive destination for foreign investments in South-eastern Europe. Bulgaria recently opened the biggest mall "Varna Mall" which offers visitors all the luxurious things from 8 cinema halls with 1,300 seats to150 shops.

Bulgarian Property reached the prestigious first place in the world in terms of real estate prices increase thus, ousting the traditional leader Lithuania from the top, at the end of September the prices in the Balkan country had accelerated by 30.6% on an annual basis.

Bulgaria is again number one in the world in terms of home price growth for Q1. The average increase of prices in Bulgaria in the first quarter of the year stands at 31.5%, compared with 22.6% in Q1 last year; this shows how Bulgaria continues to be uninfluenced by the real estate market crisis sweeping the world. The Bulgarian economy has made an impressive progress in the recent years by maintaining long term stability and sustained growth. The average growth levels to reach by 5 %.

Varying Bulgaria property types allow every budget to be met and most new developments in Bansko and the Black Sea coast are very famous among the foreign and local investors, The vast increase of tourist interest in Bulgaria Black Sea Coast which is rising by 30% per annum from figures given by Bulgarian Tourist Information, allows one to look to the future investors of Bulgarian property. Since 2002 Bulgaria property figures show a growth of 50% per annum effectively doubling a property's value in two years. Conservatively projected figures for the year 2004 suggest average rises of 23% with "well located" Bulgarian property to far exceed this figure.

Bulgaria is a popular destination for sea and ski holidays. But the country has also other charming. These are the numerous mountains, plains, rivers, villages and many more to be offered in Bulgarian property. In Bulgarian one can practice many outdoor activities. Among the well developed are trekking and hiking, horseback riding, bird watching, paragliding, mountain-biking, rafting and kayaking. With the addition of all these things, Bulgarian property is surely one of the main destinations for investors.