Situated in southeastern Europe, Bulgaria occupies the northeastern part of the Balkan Peninsula. To the north, along the Danube River, it borders Romania. To the west - the Federal Republic of Yugoslavia and the Republic of Macedonia. To the south its neighbours are Greece and Turkey. To the east Bulgaria touches the Black Sea, which links it also to Russia, Ukraine, and Georgia. The Black Sea shoreline is 378 km (240 miles) long.

     Its picturesque scenery is breathtaking all year round. From the stunning beaches and waters of the world famous Black Sea to the rolling mountains that are home to world-class skiing resorts, Bulgaria has everything for everyone.

     The Black Sea Coast is a major tourist destination and property prices are increasing rapidly with many overseas investors entering the market because of its high growth potential.

BULGARIA – TOP COUNTRY

FOR PROPERTY INVESTMENT

     Bulgaria is a country that not only has weather comparable to Spain and other top holiday destinations, but also property prices that are less than a quarter of their Spanish counterparts.

     Over 150 days of sunshine a year, with average summer temperatures of 26ºC (79ºF) and occasionally climbing to a sizzling 35ºC (95ºF).

     Beautiful Blue flag beaches for the summer holidaymakers and top ski resorts for winter holidaymakers only a few hours away.

     Flights are only two and a half to three hours from the UK or Ireland. Low-cost airlines are entering the market and the number of direct flights is increasing.

     Bulgaria is one of the fastest growing holiday destinations in the world. Major tour operators such as Thompson and first choice have recently added Bulgaria to their brochures and site it as one of their top sellers.

     The cost of living is significantly lower than other European countries, with a dinner for two costing about 7 Euros (5 GBP) and a pint for 0.70 Euros (50p).

     Bulgaria is a member of NATO and the EU.

     The currency (Lev) is pegged to the Euro, making it stable and less volatile. Most property can be bought and sold in Euros.

     Bulgaria is politically stable, with government bonds being of investment grade.

     Properties’ prices are still cheap comparing them to the other European properties on the market and still it is possible to invest.

     In the last two years property prices have risen by over 50% in some regions and is expected to grow at the same rate as has seen with the recent boom in the Spanish market.

     Highly profitable rental returns are achieved through holiday rentals.