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Bulgarian Property & Real Estate News

Investing in Property in Bulgaria brings strong returns

Bulgaria enjoys an attractive location situated between Europe and Asia. This makes property in Bulgaria is increasingly interesting for investors and tourists alike. Bulgaria has borders with the Black Sea to the east, Romania to the north, Greece and Turket to the south and along its west border is Serbia, Montenegro and Macedonia. The property investment options in Bulgaria range from ski resorts like Bansko and Borovets to the many beach resort dotted along the Black Sea coast. The climate and growing ecomony make property in Bulgaria a very lucrative investment, especially as Bulgaria has not yet joined the EU. This is expected in 2007 and may very well drive up the price of Bulgarian properties even further.

Bulgaria as a country offer some amazing natural sights. From the coastal regions to the mountain the nature and fauna are beautiful and untouched. The government is wise to the fact that nature tourism is a growing business and as a results aims to protect the beauty of Bulgaria.

Bulgaria property investment offers both financial and personal rewards. Whether you plan to ise your property in Bulgaria as a holiday home or as a rental investment, now is the time to buy property in Bulgaria.

UK buyers looking at Bulgarian Properties

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

Bulgarian Property still popular with investors

Bulgarian property along with Cyprus and Portugal, have been named three of the top property locations for UK investors looking to buy abroad in 2007. Spain unusually has not been so popular and experts recommend avoiding Spanish property just now. The continuing low prices of Bulgarian properties make them very attractive with overseas investors.

Investing in Bulgarian property offers many opportunities due to its improving infrastructure and booming economy and tourism sectors. The Bulgarian economy is unrecognizable from the 1990’s when it was slowly emerging from communism and just beginning to adopt a market economy. Read more…

Potential for Property in Bulgaria

Most developing countries arrive at a stage when they are no longer developing and instead are accepted as part of the regular club of investment countries. For Bulgaria this will most likely be in 2007 and it joins the EU and becomes accepted as a quality investment location within Europe.

There has been a lot of focus recently on investing in property in Bulgaria and many people believe that a lot of the profit potential has already been exhausted in the country. Certainly over the last 2-3 years Bulgarian property has been at the forefront of property investment in developing countries. For sure prices have increased dramatically in the last few years but it should be realized that this was from a very low base and in addition many of the properties that were being purchased were old and of low quality. Read more…

Bulgarian properties still attracting foreign investors

Bulgaria will become a member of the EU in January 2007 and is fast becoming the main tourist center on the Balkans. Helped by European funds the government has focused on improving the infrastructure and boosting economic activity in the country. This has resulting in a boom for Bulgarian properties investment.  The market is boosting by the major tourism potential in the country. The country is now the number 3 holiday destination for UK tourists with only France and Spain being more popular. As a result of the strongly increasing prices, buying Bulgarian properties is recommended as one of the top property investments at the moment.  Bulgarian property prices rose by almost 40% last year and this is expected to continue after accession to the EU as a result of the better legal framework and rules brought about by joining the EU. Whether looking for a holiday home or an investment property there is still time to get your hand on a cheap Bulgarian property.

Bulgarian property – choosing the right location is key

Bulgarian properties started to level out during the first half of 2006 according to leading international estate agents Colliers. The latest global price survey shows that prices for Bulgarian property were only slightly up in the last 6 months compared to the earlier period. previous years, with supply exceeding demand.

The Ivan Vazov district in Sofia is now the second highest priced location for Bulgarian property after the usual no. 1 for Sofia property –  Doctor’s Garden. The average purchase prices in Doctor’s Garden reached almost 1200 euros per m2 in the first half of 2006, whereas prices in the Ivan Vazov district were averaging just 1050 euros per m2, with Lozenets following behind at 900 euros per m2. Read more…

Investors are keen to buy Bulgarian properties

Recently the Bulgarian property market has been one of the strong favourites amongst emerging market investors. The country has a myriad of different property offer but 3 main areas and strongly promoted to British buyers.

Firstly there is the capital city Sofia where ancient buildings sit alongside the more somber construction of the communist era. Sofia has a history that dates back over 3000 years but the latest Bulgaria property investor are more interest in the future years and what that will bring for investor in Sofia property. Average Bulgarian properties in the capital city are offered for prices around 950 euros per m2. One and two bedroom apartments in Sofia can be purchased for 40,000-60,000 euros. Read more…

Bulgarian properties lead the charge in European real estate investment

Bulgarian properties are fast becoming the hottest European property destination thanks to a raft of factors which are making it difficult for British investors to ignore this Eastern European gem. With a range of beautiful landscapes spanning the cultured capital of Sofia and the ever-popular ski resorts of Bansko and Borovets, Bulgaria is tempting more and more Brits with its endless buy-to-let possibilities. And it seems many investors would do well to enter into the Bulgarian properties market before its planned entry into the EU membership occurs and prices are pushed higher.

Mike Wellings, a British property developer based in the ancient city of Sofia, explained the benefits of entering the Bulgarian properties market sooner rather than later. He told the Independent: “If Bulgaria gets EU membership – widely tipped for sometime in the next three years – the city will become a viable option for firms to base their central European HQs. That’ll be a major benefit to the economy and demand for homes.” Read more…

The changing face of Bulgarian property investment

With property investment television programmes dominating the listings, it is inevitable that real estate is beginning to attract more and more potential investors. Most of these programmes are also becoming increasingly adventurous in terms of the places they cover, which is having a direct result on the investment patterns of UK residents.

In a report for Antara News, for instance, journalist David Burrows says that many investors are beginning to turn away from France and Spain in search of better value. He suggests that Bulgarian property is a prime example, in that real estate prices in the country are still exceptionally low but experts are predicting something of a boom in Bulgarian properties before long. Read more…

Bulgarian property market gains appeal

Property investment in Bulgaria has in recent years been something of a slow and steady affair, with many investors appreciating the potential for capital growth but holding out for further encouragement. It is a situation that is gradually being transformed, however, with a number of key factors now uniting to position the country as one of the most exciting property investment hotspots in Europe.

A quick look at the house price growth in the first quarter of 2006 gives an idea of the increasingly tempting nature of property in Bulgaria. Read more…

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