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Invest in Bulgaria

General information of Bulgaria

The territory of Bulgaria covers an area of 110,996 km2. Located south-east of the Balkan peninsula, is bordered by the River Danube and Romania to the north, the Black Sea to the east and south Greece and Turkey.

Bulgaria has a growth rate of tourist expansion in recent years, thanks to its tourist resort on the Black Sea and its many ski resorts in the Balkans.

Economic situation in Bulgaria

Since 2001, the Bulgarian economic growth has been stable thanks to sustain high levels on the macroeconomic level, relatively low inflation and declining unemployment. These data suggest that Bulgaria will reduce its external deficit ahead of schedule.

Bulgaria is carrying out a series of structural reforms in all areas to stimulate the economy. The privatization of many sectors, for example, implementing a program to restructure the steel industry have led to the readjustment of the price of energy and telecommunications costs.

Investments in Bulgaria had spectacular growth so far this decade, doubling the investment volume in just four years (2000 to 2004) through the privatization of large enterprises, including telecommunications and shipbuilding.

Real estate investment in Bulgaria

Given this economic growth coupled with political stability and equal treatment to foreign investors, makes it possible to consider a property investment in Bulgaria.

As the economy grows, increases the purchasing power of citizens, leading to more demand for better housing. So does the flow of migration to large cities, also causing increased housing demand.

These factors ensure the stability of the real estate market, offering many opportunities to invest.

Most new building projects are focused in Sofia and Varna, but to foreign investors interested in investing in new homes, we must highlight the resorts of the Black Sea coast and the ski slopes of the Balkans.