Property in Bulgaria is currently ranked as one of the top 3 property investments in Europe. According to leading UK real estate experts Bulgaria and Cyprus are currently the favourite locations from British buyers.
Bulgarian properties remain cheap and affordable and buyers are attracted mostly to the new developments on the coast and in the ski resorts. The capital Sofia is also popular with investors more focused on rental yields. Tourism is booming within Bulgaria and many investors are betting that this will result in increasing prices for property in the Bulgarian ski resorts and coastal holiday villages.
Bulgarian tourism generated in excess of 2 billion euros of income this year from four million tourists. The tourism segment measures almost 15% of Bulgaria’s gross domestic produce and creates more than 150,000 jobs. The goverments target si to increase visitor numbers to 8 million over the next 10 years. International tourism experts believe that this is highly possible based on the wide variety of Bulgarian tourism locations and experiences. The country can over, beach holidays, skiing and snowboarding, spa tourism, heritage and historic trips, wine tasting holiday and many other tourist options.