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Over 15% of all UK overseas investors are thinking about buying property in Bulgaria or Romania. As a result of both countries joining the EU at the start of the year eastern Europe is now one of the property investment hot spot. According to overseas property group MRI accession to the EU is a major factor in boosting investment in property in Bulgaria.
Trips by foreign tourists to Bulgaria went up by over 8 % last year, to almost 1.5 million visitors. There was also a significant boost to Romanian tourism.
MRI has commented that similar to other eastern European countries that have joined the EU, Bulgarian properties are likely to experience stop growth over the next few years