Thursday, June 30, 2005
Investment Property in Bulgaria
Bulgaria is located in eastern Europe. The capital of Bulgaria is Sofia. Bulgaria has a population of around 8 million. The area of Bulgaria is 110,994 square km or around 42,855 square miles. The language of Bulgaria is Bulgarian and the money in use is the lev (100 stotinki equals one lev). The climate is moderate and described as mediterranean in places.
Eastern Europe, especially Bulgaria, is a prime location for property investment. Bulgaria has a huge number of new developments to tempt the foreign buyer. The attractions of Bulgaria include the enormous cultural and historic interest including ancient monasteries, churches, mosques, and Roman and Byzantine ruins. For sun and sea the Black Sea coast of Bulgaria offers an ideal location for the overseas property investor. The southern section of the coast offers picturesque bays, lovely beaches, sand dunes and a warm sea. With clear blue skies, a Mediterranean lifestyle, a low cost of living and low property prices this region of Bulgaria is a hot tip for property investment. Growth in tourism is increasing at a phenomenal rate in Bulgaria and becoming increasingly important to Bulgaria's economy. All of these factors mean that property prices are increasing in Bulgaria and annual rates of increase of property of 35% have been reported.
When Bulgaria joins the EU property investment will soar and property prices are predicted to rise sharply. Bulgaria is a number 1 hotspot for overseas property investment.
For more property hotspots visit The Place in the Sun
Eastern Europe, especially Bulgaria, is a prime location for property investment. Bulgaria has a huge number of new developments to tempt the foreign buyer. The attractions of Bulgaria include the enormous cultural and historic interest including ancient monasteries, churches, mosques, and Roman and Byzantine ruins. For sun and sea the Black Sea coast of Bulgaria offers an ideal location for the overseas property investor. The southern section of the coast offers picturesque bays, lovely beaches, sand dunes and a warm sea. With clear blue skies, a Mediterranean lifestyle, a low cost of living and low property prices this region of Bulgaria is a hot tip for property investment. Growth in tourism is increasing at a phenomenal rate in Bulgaria and becoming increasingly important to Bulgaria's economy. All of these factors mean that property prices are increasing in Bulgaria and annual rates of increase of property of 35% have been reported.
When Bulgaria joins the EU property investment will soar and property prices are predicted to rise sharply. Bulgaria is a number 1 hotspot for overseas property investment.
For more property hotspots visit The Place in the Sun
