What's the buzz
about Bulgaria?
Over recent years, Bulgaria has seen a significant rise in property and land prices. Real Estate developers and investors have enjoyed fantastic gains and with Bulgaria's recent entry to the EU, prices have risen even further.
However, there are still opportunities available! Bulgaria is enjoying rapid economic growth and land and property prices are set to continue rising over the coming years.
...and what's causing the buzz?
- GDP growth was expected to be highest in Eastern Europe (Institute of International Finance) at 6% for 2005/2006.
- Efforts to reduce inflation have succeeded, as it now stands at close to 0%.
- In 2004 tourists numbers from the UK rocketed by over 62% growth in tourism currently accounts for some 12% of the Bulgarian GDP.
- The World Trade Organisation forecasts that by the year 2010, the number of tourists visiting annually exceed 20 million, making Bulgaria one of the world’s greatest emerging tourism markets.
- Development in Bulgaria is still at an early stage making it an ideal time to invest. Property prices that are still very low compared to most other European locations.
- Bulgaria is set to host the 2014 Winter Olympic Games and vast amounts are being invested in to developing the area.
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Serious about
investing
in Bulgaria?
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