Bulgaria Property
Purchase!
Bulgaria Property Investment Draws Significant
Returns
by: Chris Robertson
Sitting at the crossroads between Europe and
Asia, Bulgaria is increasingly attractive for investors and tourists
alike. With a population of 7.5 million, eastern Bulgaria faces the
Black Sea and is bordered by Greece and Turkey to the south,
Macedonia and Serbia and Montenegro to the west, and Romania to the
north. Known for its exquisite ski resorts in Bansko, Borovets, and
Pamporovo, Bulgaria also offers sunny beaches on the shores of the
Black Sea. The climate and economic conditions of the country make
Bulgaria property investment attractive to Europeans and others from
around the globe.
Because Bulgaria isn't yet a member of the European Union - although
it is determined to become a member in 2007 - it doesn't have the
steep tax structure and production costs that make second homes cost
prohibitive in EU countries. In addition, the Bulgarian government
recognizes that tourism is an important component of its growing
economy, and so offers a variety of financial incentives in order to
attract investors to property in Bulgaria.
As an opportunity to invest in property, Bulgaria is unsurpassed.
Although property values have risen over the past two years, they
are not yet close to levels in the rest of Europe. Regarding hot
property for sale, Bulgaria offers everything from new housing
developments in five star beach and ski resort areas to new
apartments in Bulgarian cities.
Bulgaria development property is truly the fastest growing real
estate market in Europe, particularly in the ski resort areas of
Bansko, Borovets, and Pamporovo, which offer everything from world
class skiing and snowboarding to cross country skiing, giant slalom,
and biathlon courses. Borovets even offers helicopter transportation
to its most challenging ski runs.
But Bulgaria offers more than beautiful mountains and an inviting
shoreline. Tourists marvel at the architecture of Bulgarian
monasteries and celebrate along with the locals at the annual
Festival of Roses that is held in late spring. They feast on
mouthwatering Bulgarian cheeses and traditional stews and sausages.
And they embrace the rich culture of Bulgaria when visiting museums
and galleries in cities from Sofia to Varna or attending festivals
and contests featuring folkloric music and dancing.
Bulgaria property investment is both financially and culturally
rewarding. Whether using property in Bulgaria as a second home or as
a vacation rental, there's never been a better time to buy property
in Bulgaria.
About The Author
Chris Robertson is an author of Majon International,
one of the worlds MOST popular
internet marketing
companies on the web. Visit this
Real
Estate Website and Majon's
Real Estate directory.
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