Why Invest in Bulgaria?
Strong economic growth for 5 years
The Black Sea resorts are amongst the best investments
Bulgaria is one of the best places to invest in today. Tourism exceeds 13% of GDP, yet property prices are still low. So investing in Bulgaria is a fantastic opportunity!
Global Life Properties can help you make your property investment in Bulgaria, in our new off-plan developments in the best Black Sea resorts. Bulgarian real estate prices are far lower than elsewhere in Europe - joining the European Union is creating unprecedented potential for growth. Foreign and EU money is pouring in to stimulate growth in both the Black Sea and ski resorts.
More and more buyers are investing in properties in Bulgaria. Use the form
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Why is growth so strong?
Bulgaria has had strong growth over the last five years because of its improved economic conditions, and political and social stability. But the single biggest factor is the rising number of tourists visiting Bulgaria. Today Bulgaria is the fastest growing tourism market in world. And with European Union accession this is set to continue over the coming years.
Property in Bulgaria offers a great investment opportunity when considering the long term prospects of the country. And it is better value for money than many other European destinations.
The majority of the property purchases in Bulgaria are for holiday homes, often with a view to retirement later. There are also more and more buyers investing in property now, and looking to make a substantial capital gain in the short, medium or long term. This increasing interest, along with other factors such as the increase in tourists and the growing awareness of the investment opportunities, makes Bulgaria one of the best places to invest in today.
Real estate prices are lower than other European destinations but joining the European Union provides unprecedented growth potential that will certainly boost the prices of Bulgaria's real estate. The Bulgarian real estate market is still relatively unexplored and undeveloped, compared to other countries such as Spain and France.
In 2003 the proceeds from tourism amounted to 13% of the country’s Gross Domestic Product (GDP). Rising prices have been greatly influenced by the European Union, which has had a tremendous impact already.
Joining the European Union means Bulgaria is a fantastic proposition. Already, foreign and European Union money is pouring into the country to stimulate economic growth. New construction will be encouraged but monitored and property taxes will be reduced to bring it in line with the rest of the European Union.
This is the destination for family holidays in both the winter and summer. And with excellent prospects for capital growth and rental income, people in the know are buying now!
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