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The ex-pat population is growing, particularly from the UK and Western Europe.  Many people are finding that the cost of living extremely high where they live, and when retirement time comes around, they pick up and move to a lower-cost location.  Many of these people are also looking for a location where the climate is warm, the air is clean, and the pace is a little more relaxed.  Bulgaria fits all of these descriptions, and in particular, the Sunny Beach area of Bulgaria has attracted quite a bit of attention.

Bulgaria is now one of the top-ten destinations for foreign property purchasers, and its popularity is increasing.  Bulgaria’s relaxed pace and outstanding environment, along with organic food and pure water make it a prime location for those wishing to purchase property.  Bulgaria properties offer low prices and fabulous vistas.  The Bulgarian countryside offers everything from Sunny Beach property to high mountain chalets.  Prior to permanent relocation to Bulgaria, many people let their Bulgaria property to holidaymakers.  This also helps build retirement income while the purchaser is still working, so your Bulgaria property can perform two tasks for a while.

In fact, this scheme—letting the property when you only need it part-time—is growing in popularity.  Before you retire, you may not be able to stay at your property in Bulgaria all year long.  So why not let it out?  You can let it on a ‘transient’ basis to holidaymakers, or on a longer-term basis to corporate clients or even someone who rents on a monthly or longer basis.  This scheme can also bring you tax advantages both in Bulgaria and in your home country, depending on various factors.

Bulgaria and the eastern coast around the Sunny Beach area are still hidden, undiscovered gems that have been largely overlooked in the real estate market.  However, word is getting out.  People looking for unspoilt beauty and low cost of living are hearing about Bulgarian properties, and many that begin to look end up buying.  

Every type of property conceivable is available, from Sunny Beach properties with expansive views of the ocean to remote mountain chalets that appeal to the ski crowd during the winter and trekkers during the summer.  The most difficult part about looking for property in Bulgaria is deciding which one is your piece of paradise.