Bulgarian property market woos foreign investors

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2006-11-06

Bulgarian property market woos foreign investors

Рубрика: General news Източник:

Together with the constantly rising prices, buying property in Bulgaria is one of the best investments that one can make these days with prices likely to increase with EU membership, as well as been a great retirement home. Moreover Bulgaria has one of the most liberal investment laws in the region.

Last year prices rose by about 35 per cent, and in the lead-up to EU accession in 2007 annual rises of 25 per cent are predicted. The increase in foreign investment is set to continue because of Bulgaria’s expected EU membership perspective and the constantly expanding tourist industry.