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Click here to view properties from Bulgaria
General overview
Bulgaria may be a new member of the European Union but is by far one of the oldest countries in Europe, dating back to 681 AD.
Bulgaria has a wealth of character, culture and history, unspoilt nature embracing miles of sandy beaches, gorgeous mountains and mild climate. (http://en.wikipedia.org/wiki/Bulgaria)
Neighbouring Greece and Turkey to the South, Romania to the North, Serbia and Macedonia to the West and the Black Sea to the East, Bulgaria is set in the heart of the Balkan Peninsula, a region that links the West to the East, Europe to Asia.
The country’s official language is Bulgarian but most people speak foreign languages and English is widely used. The local currency is Lev and is fixed to the Euro. (1 Euro = 1.95 Leva)
The climate is continental with Mediterranean influence to the south and the Black Sea coast. The winters are cold and snowy, making Bulgaria the ideal ski destination with a guaranteed snowfall and well developed mountain resorts. Summer is warm and dry and the holiday season on the Black Sea coast starts as early as May and goes on until October.
Bulgaria has been a popular holiday destination for many years and recently has become the ideal choice for people seeking to buy a holiday home at affordable price.
Why invest in Bulgaria?
- Only 3 hours flight from the UK
- Low cost of travel – from as low as £50 return, airlines such as Easy Jet (www.easyjet.com) and Wizz Air (www.wizzair.com) have regular flights to Sofia, Varna and Bourgas
- Politically and economically stable - Bulgaria joined EU in 2007 and is a member of NATO since 2004
- Beautiful coastline – 220 km of sandy beaches
- Excellent skiing opportunities with guaranteed winter snowfall
- Well developed and constantly improving resorts
- The general cost of living is one of the cheapest in Europe
- Low cost of services – e.g. healthcare, dental, spa and beauty, entertainment, restaurants and sports activities
- Friendly and welcoming people
- Good quality of life, low levels of crime*
* A recent report published by the UN says that “the Balkans have become safer than western Europe.”
And if the above is not enough to convince you that Bulgaria is the place to buy then read below:
- Bulgaria was the fourth most popular destination for Britons who were buying overseas property last year (2007), according to the Association of International Property Professionals (www.aipp.org.uk)
- UK mortgage brokers expect to see an increase in the number of UK citizens looking to buy in Bulgaria in the next 3 years, according to a survey carried out in Feb 08 by the NatWest International Personal Banking League of Buying Abroad.
- Property prices are currently some of cheapest in Europe and last year alone rose by over 30%
- Despite the credit crunch and volatile property market in the western countries, the Bulgarian property prices are still rising
- Bulgaria will see the biggest property demand in Europe over the next three years due to cheaper property prices, according to the research carried out by NatWest International Personal Banking (IPB)*
* The NatWest International Personal Banking League of Buying Abroad reveals the top countries to buy properties over the next three years as:
- Bulgaria - 75%
- Turkey - 56%
- France - 46%
- Portugal - 41%
- Spain – 31%
Source: BBC News 24 / 7 January 2008
If you’d like to find out more about the country, the top locations, the buying process and the implications of owning a home in Bulgaria then talk to us.
We’ll give you:
- Free advice and guidance on buying property in Bulgaria plus
- Free interpreting services during the purchasing process and
- No commission when buying an off-plan property - our prices are quoted directly from the developer.
Call us Free on 0800 6226 099
Click here to view properties from Bulgaria
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