Q & A: What makes Bulgaria an investment goal?
August 8th, 2007|
Reviewed by Diana Georgieva |
| Ask our Eurolink Finance specialists anything you want to know about financial and social services to guarantee your pleasant stay in Bulgaria! |
Q: What makes Bulgaria an investment goal?A: In the past year we have experienced a significant increase of the sales and enquiries about property investment in Bulgaria. This was also stated by leading British consultants and real estate agents who expressed their interest in developing partnership with Bulgarian companies in order to facilitate the property investment process. I can give you at least e few good reasons to invest in Bulgaria with the prospect of getting impressive returns. First, and very important, according to the latest estimate Bulgaria ranks second on the returns rate of property investment out of every country in Europe over the past 18 months. Therefore, do not trust those negative predictions for a decline in the number of foreign investors in the country. Keep in mind that Bulgaria’s market is still relatively unexplored and offers fantastic investment opportunities for the years to come. Since the country joined the EU in January 2007 a new trend of price increase began and is expected to continue long into the following years. This will lead to a long-term benefit to the investors as the market will inevitably mature thus securing their positions. The pattern of increased demand and rising prices was already experienced in other Central and Eastern European countries that joined the EU some time ago, such as the Czech Republic, Slovakia, Poland and others. Not to forget another great advantage of Bulgaria – its natural beauty, combining the azure warm sea with dramatic snow-capped mountains, abundance of flora and fauna and fantastic climate – hot in the summer and cold in the winter. The government’s input to the country’s further development is the reconstruction and reorganization of all civil services and infrastructure with the promise to create a better base for investments in the region. As good as it sounds, I believe it’s best to come and see for yourself! Check out our next month’s feature! Coming next month: Best way to enjoy your holiday in Bulgaria and go on property search! I’m waiting for your comments and questions on e-mail: |
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