10 Reasons for Investing in Property in Bulgaria
Buying Off Plan for holidays or investment - 10 reasons to invest in Bulgaria NOW.
This is one the world's fastest growing tourist markets, offering excellent potential for capital growth and good rental income.
Global Life Properties can help you make your property investment in Bulgaria, in our new off-plan developments in the best Black Sea resorts. In recent few years, property in Bulgaria has been one of the fastest growing markets in the World. Since 2003, property prices rose by an average of around 45% across the country, and has doubled in the capital Sofia and some Black Sea resorts.
Strong growth potential and high rental yields in Bulgaria. Use the form to
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10 reasons for investing in property in Bulgaria
1. Property Prices
Prices in Bulgaria are up to five times cheaper than in other European countries, and prices are set to rise over the next few years.
2. Lower Living Costs
About 30% lower expenses for everyday living than in most other European countries, with dinner for two costing about £8.
3. Excellent Climate
The Black Sea coast has over 150 days of sunshine per year. The average temperature from April through to September is 24ºC, reaching 30ºC in the height of summer. Ski resorts enjoy not only a long and healthy ski season, but also excellent year-round tourism from those preferring natural mountain settings such as hikers, mountain bikers, nature lovers, etc.
4. Easy Access
Bulgaria is only three hours away, or less, from most UK airports. Low-cost airlines are entering the market now under the Open-Skies agreement and the number of direct flights is increasing.
5. World's Fastest Growing Holiday Destination
Bulgaria is the fastest growing holiday destination in the world according to tour operators such as Thompson and First Choice.
6. Politically and Socially Stable
Bulgaria is politically stable, is a full member of NATO and has joined the European Union. From 1997 the local currency (Lev) was fixed to the Euro.
7. Varied Landscape
Warm, sunny beaches and cool alpine mountains – just a few hours drive apart. Unlike many other over-developed tourist destinations, Bulgaria still has a lot of natural beauty left intact and is protected under strict Bulgarian environmental law with many UNESCO protected areas.
8. Choice of Resorts
Bulgaria has a choice of beautiful sea-side resorts on the Black Sea coast, with excellent tourist facilities, and outstanding world-class ski resorts in the mountains. If Bulgaria wins its bid to host the 2014 Winter Olympics, Bansko, the country's top ski resort will host some of the events.
9. Excellent Rental Potential
With a growing tourist economy and a shortage of good quality new accommodation the rental yield on your investment is projected to be very good. Read here for more details.....
10. Excellent Investment Potential
With prices still well below the European average for holiday resorts the potential for capital growth is very good. Prices in Sofia and some of the Black Sea resorts have more than doubled since 2003. This is the destination for family holidays in both the winter and summer.
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