| Why
Bulgaria?
Bulgaria is a country in SE Europe, about the size
of England but with a population of only around 8
million. For years Bulgaria has been a favourite holiday
destination for Eastern Europeans, but in the recent
years it has opened its doors to the rest of the world.
Its mountains, beaches and old fashioned rural tranquillity
offer a glimpse of Europe which has long since disappeared
under the noise of traffic and concrete.
What are property prices like in Bulgaria?
Property prices in Bulgaria offer excellent value
for money compared to other holiday destinations in
Europe. They also offer a good investment considering
the long-term prospects for the country. An average
seaside villa can be purchased for around 55,000 EUR,
with rural properties being offered for even less.
Whatever your budget, Bulgaria offers considerably
better value for money than any other European holiday
destinations.
What is available on the market?
The majority of our clients are looking for holiday/second
homes often with a view to retirement in later years.
We are able to source a variety of properties within
different price bands including seaside villas, country
homes as well as commercial properties. Whatever you
require we will endeavor to locate suitable properties
for you to view.
What's
the weather like?
Weather in Bulgaria makes the country an ideal destination
for both - Summer holiday or Winter breaks. If you're
looking for guaranteed sun and the atmosphere of the
Mediterranean, but without the crowds, then make Black
Sea your next destination with about 290 days of sunshine
in the year. For those who love mountains - it is
here in winter that some of the best skiing in Europe
can be enjoyed, with excellent lift facilities and
ski runs. Generally summers are longer and warmer
(and guaranteed) whilst the winters are shorter but
can be more severe. The coastal line has a mild climate
and rarely sees snow in winter. For 5 months (May
- September) average temperatures are 25 degrees Celsius
and often above in the peak summer period.
Are there any restrictions for foreigners?
According to the Bulgarian Act on Foreign Investment,
foreigners can buy buildings but not land. Therefore
the most common method for foreigners /and recommended
by the Law/ is to set up a company which then owns
the property. We can organize the entire process from
start to finish. This restriction will be valid until
2014 and after that the foreign citizens will be able
to purchase land on their personal names.
How do we travel to Bulgaria?
Direct international flights are available to the
capital Sofia, Varna and Burgas all year round. Direct
charter flights to the Black Sea (Varna/Burgas) are
available during the spring/summer months. Charter
flights to airport Plovdiv also are available from
October to March /for tourists for Rhodope mountain
and Pamporovo ski resort/.
Do we need a visa to travel to Bulgaria and how long
we can stay?
No visas need for citizens of the European Union.
For other nationalities - must call in the Bulgarian
embassies in their countries.
Tourism in Bulgaria?
As a traditional holiday destination Bulgaria has
a variety of attractions to offer visitors including
some of the most unspoilt countryside in Europe in
contrast to other more famous European destinations.
Information can be found in the Internet.
What are the long-term economic prospects?
Following the changes in 1989 throughout Eastern Europe,
Bulgaria has been going through a transformation from
a state-controlled economy to an open market economy.
Recently the main economic indicators have stabilized.
Bulgaria joined the European Union in 2007. After
that the European Union was invested millions of pounds
in upgrading the country's infrastructure - roads,
airports and so forth - as well as schemes such as
the Beautiful Bulgaria Project targeted at refurbishing
the historical architecture and tourist resorts. At
the same time, new private investment will bring Bulgaria
in line with its European neighbours in the near future.
What's next?
Keep checking our property pages as they are updated
regularly and see if anything interests you. The best
thing we find with clients is for them simply to come
out and let us show them around. Once here, we find
that our clients' priorities and expectations change
in light of what they see on the ground. It is easier
to cater for these changes when you are in Bulgaria
and we are confident that we can find you exactly
what you are looking for.
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