| Property investment |
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This type of assets is one of the fastest growing in our country in recent years. In 2007 the prices of properties rose by around 30%, especially of those in Sofia, Varna, Plovdiv, Burgas, around the sea (Sunny Beach, Golden Sands) and ski resorts (Borovets, Bansko, Pamporovo). Without exception property prices all around the country, have increased in recent years. This allows investments in various type of properties according to everybody`s capabilities - apartments in cities or resorts, houses, land and etc. The good economic conditions, political and social stability in Bulgaria over the past few years led to a real boom in property prices. That turned Bulgaria into a global attraction for investments in real estate. A key factor in the increase of prices and huge tourist potential of Bulgaria is the variety of high mountains, beautiful and clean beaches, reserved provincial areas, low rate of construction, history and etc. Nowadays Bulgaria is defined as the fastest growing tourist market in Europe. This is something that buyers of properties valued. With the admission of Bulgaria in NATO in 2004 and in the EU in 2007 the national economy gradually stabilised, Bulgarian and European legislation began to standardize. This fact, altogether with the wonderful nature of the country, the developed tourism and the growing popularity of Bulgaria abroad made the purchase of property in our country extremely attractive and profitable for the purpose of investment or as a second home. |