|
Why to invest in a property in Bulgaria? Property in Bulgaria is the fastest growing asset in our country. Some real estates have gone up with 50 % for one year, especially the ones in Sofia, in the Black Sea beach towns and resorts and in the ski resorts. There are great natural attractions - high mountains, beautiful and clean Black Sea coast, preserved rural areas, minimum urbanisation, thousands years of history, etc. Nowadays Bulgaria is considered as the fastest growing tourism market in Europe. Together with the constantly rising prices, buying property in Bulgaria is one of the best investments that one can make these days. Further Bulgaria was invited to become a NATO member targeted for 2004 and full EU membership is scheduled for 2007. Now is the right time to invest in property in Bulgaria. Bulgaria real estate prices are by far lower than other destinations in Europe but the estimated acceptance of Bulgaria in the European Union provides unprecedented growth potential that will certainly boost the prices of the Bulgaria real estate in the near future. In 2005 the European Union’s open-air agreement comes into place, allowing all European based airlines to fly to any city. This should increase tourist numbers as flight prices become more competitively priced.
Varna is an important economic centre for Bulgaria and the Black Sea region in general. Major industries include trade and transportation (see Port of Varna, Varna International Airport), shipbuilding, and manufacturing. Tourism is of great importance to the city, with the nearby resorts of Albena, Golden Sands, Constantine and Helena, Riviera and many others, each year attracting millions of visitors from all over the world.
|