Our services » Why invest in Bulgaria
in brief - quality of life and exceptional investment opportunity.
Or to be more specific:
» The vitamin-rich organic food, the abundance of all prerequisites for excellent health - clean air, virgin mountains, warm mineral springs, hospitable sea - and the excellent school system are only a few of the reasons that make Bulgaria the perfect place to bring up your children, to enjoy stress-free life or to retire.
» The seaside (Black Sea) boasts more than 380 km of sandy beaches. Over 1700 hours of sunshine from May to October.
» In Poland and the Czech Republic which are countries similar to Bulgaria the real estate values realized an increase of 250% in the last 5 years before the entry of these two countries in the European Union. Bulgaria will join the European Union in 2007. Bulgaria has recently joined NATO.
» By information from the National Statistical Institute in Bulgaria and the Bulgarian REMI (Real Estate Market Index) property values have already increased with over 30% in the last year.
» Bulgaria is becoming an attractive tourist destination. According to TUI, the largest European tour operator, Bulgaria is one of the top seven tourist destinations. The Washington Post also ranks Bulgaria as one of the top ten destinations.
» The Bulgarian currency is stable and linked to the Euro.
» Mortgage lending potential - currently, mortgage loans are 5% of the total credit supply within the local banking sector. In developed markets, this rate is usually in the range of 15%.
» Bulgaria has varied scenery - sandy beaches, mountains, lakes, forests, mineral springs, quiet, pastoral country villages and vibrant cosmopolitan cities.
» The cost of living is extremely low compared to the other European countries including neighboring countries in Eastern Europe. See more
» The European Community is sponsoring the Beautiful Bulgaria Project to renovate and preserve the architectural heritage of the country.
» The European Community is also investing significant funding in improving the road infrastructure of the country. Under the PHARE program there is a project to fix 21 highways and roads leading to important tourist areas within the country. In the last 15 months the renewal a road area of 144 kilometers has been completed.
» Several airlines have started new routes to Bulgaria from 19 European destinations. 3 hours flight from Gatwick or Heathrow (to the capital Sofia). The major Bulgarian airline company is already offering flights to the two largest Bulgarian cities on the sea Varna and Burgas.
» In Bulgaria significant funding has been allocated from the country and from abroad to develop key areas especially in the capital Sofia. Currently there are many hotels, embassies, conference centres and offices of international firms like Citibank, Price Waterhouse Coopers and Deloitte and Touche that are being built.
Bulgaria in the media:
The Times was also recently quoted as saying that:
"If Bulgaria joins the EU there is the possibility that property prices could take off, rewarding early buyers".
Bulgaria has also recently featured on Channel 4's 'A Place in the Sun' programme when it was stated that the country offered:
"...excellent value for money for foreign investors with prices ranging from as little as £5,000 for a traditional cottage".
Other respected newspapers have also run articles recently about the property bargains to be had in Bulgaria such as The Financial Times :
"Time to probe Balkan Bargains"
and the Sunday Telegraph with - "New kids on the Eastern Bloc".
The Times again :
"Bargain hunters look to the East".
