Bulgaria is poised for expansion in its tourist sector, with predictions of between five and ten per cent expansion in the coming year. From large cities like Sofia to small towns, and in holiday resort properties all across the country, Bulgaria is attracting tourists who wish to relax in a new destination. In addition, pensioners or holidaymakers wishing to purchase offshore properties are finding Bulgaria’s
sunny beach properties very attractive, and are starting to snap up the choicest parcels of land available.
Bulgaria has long been known to those in the surrounding region as a perfect location for a holiday home or investment property. People from Romania, Moldova, Yugoslavia, and even Turkey and Greece have long spent wonderful, sunny holidays on the sunny beaches of Bulgaria, but now holidaymakers and investors from the UK, France, Russia and even the United States and Canada have discovered the pristine beaches of Bulgaria. Holiday homes and even vacant tracts of land are being purchased for retirement, holidays, or profit-making investments.
Bulgaria is beginning an awareness and promotional campaign on Euronews, National Geographic Channel, Discovery Channel, and Eurosport, focusing on the beauty of Bulgaria and its position as a growing tourist destination. Especially for those interested in income-generating holiday properties, now would be a great time to invest, as the market is sure to grow. Bulgaria offers both
sunny beach properties for summer travel and snowy slopes for those who prefer winter destinations.
Prices have softened a bit during the global real estate slowdown, and for those who have never owned a holiday property, a holiday apartment is now within reach. Bulgaria properties are available to suit all budgets, from small city apartments to large, sunny beach properties. In almost all cases, the properties can be let when you are not using them, generating additional income, and in many cases offsetting the cost of any financing you have obtained.
Owning a piece of this burgeoning market and building assets via equity are two of the most common reasons people enjoy owning Bulgaria properties. Flights to Sofia and other cities are also common from all of Europe’s major airports, meaning you can be relaxing on your
Bulgarian property in just a few hours.
Spend a few minutes on the internet reviewing the variety of available properties in Bulgaria, as well as the low crime rate and perfect weather, and you will soon be “sold” on a Bulgarian property purchase.