Monday, May 5, 2008

Buying Property In Bulgaria

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Bulgaria has a Continental climate with short Springs, hot Summers, long sunny Autumns and ski resort Winters. Bulgaria property development is truly the fastest growing real estate market in Europe, particularly in the ski resort areas of Bansko, Borovets, and Pamporovo, which offer everything from world class skiing and snowboarding to cross country skiing, giant slalom, and biathlon courses. Bulgarian inland properties are extremely cheap compared to the rest of estern Europe.

Bulgaria offers foreign investors strong labour skills as the quality of Education in Bulgaria is very high, low labour costs especially when compared to Western Europe, competitive cost of construction and real estate and Corporate Tax of just 10% to name a few benefits. The population is estimated at over 8 million and as one of the most rapidly advancing nations in Europe; Bulgaria has become a byword for international property investment.

Industrial property in bulgaria, property in bulgaria suitable for industrial solutions in Varna, Kavarna and BalchikRental property in Bulgaria. Invest in Bulgaria and earn the best possible interest off your money.

Property Abroad

Property in Bulgaria has never been more accessible and attractive. Property in Bulgaria is becoming more and more popular amongst the Western European and especially British buyers abroad. The Bulgarian property market is the current investment hotspot and offers countless opportunities to any open-minded investor.

The growth in the Bulgarian economy should underpin a strong property market and lead to increased Bulgaria property prices. Those who buy now in Bulgaria are buying into the longest projected period of growth for the real estate property market that started when Bulgaria was officially made an EU Member State. The improved economic conditions, political and social stability in Bulgaria over the last 3 years brought to a real boom of the prices of property in Bulgaria.

Buying overseas can be an exciting and profitable experience by taking your time to understand the buying process you will ensure that your property purchase in Bulgaria is a happy and enjoyable experience. The climate and economic conditions of the country make Bulgaria property investment attractive to Europeans and others from around the globe. When you find the right bulgaria property rental management company, owning property in Bansko or Pamporovo and be both a personally and financially rewarding experience.

Strong economic and demographic factors have produced what we believe to be one of the worlds best investment property opportunities:

Increase in demand for top quality accommodation Lowest real estate prices in Europe Bulgarians who are living abroad are driving up the demand for real estate by buying property Bulgaria is currently at the top of the list when it comes to real estate investment funds in Europe.

The city of Sofia has a strong annual corporate letting market In the last year there has been a 25% increase in price growth.

About the author: Gordon Warre writes about cheap homes in bulgaria
Source: http://www.articlesbase.com

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