Why Choose Bulgaria1. Bulgaria is considered to have one of the fastest growing tourist industries in the world. Since 1997 it has been politically stable and seen social stability with a strong economic growth and continues to improve immensely. Property prices have increased and continue to do so, with the coastal areas seeing significant increases. Research has been carried out by analysts, who say that the average annual growth over the last 5 years has exceeded an estimate of 30% and is predicted to explode over the next few years due to the arrival of low cost airlines and the low cost of living. 2. Bulgaria has recently joined NATO and will be joining the European Union on 1st January 2007. This is another positive for the property market in Bulgaria, as once again it is expected to give unprecedented growth that will most definitely boost the prices of real estate. 3. The low property prices in Bulgaria are certainly one of the main attractions for investors. As the tourist market continues to grow, rental prices for holiday homes will increase, therefore the potential for renting is significant. Many people from the UK are drawn to Bulgaria because of the low prices and the overall cost of living is by far one of the cheapest in Europe. |
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