Bulgaria Property Investment Draws Significant Returns

Sitting at the crossroads between Europe and Asia, Bulgaria is increasingly
attractive for investors and tourists alike. With a population of 7.5 million,
eastern Bulgaria faces the Black Sea and is bordered by Greece and Turkey to the
south, Macedonia and Serbia and Montenegro to the west, and Romania to the
north. Known for its exquisite ski resorts in Bansko, Borovets, and Pamporovo,
Bulgaria also offers sunny beaches on the shores of the Black Sea. The climate
and economic conditions of the country make Bulgaria property investment
attractive to Europeans and others from around the globe.



Because Bulgaria isn't yet a member of the European Union - although it is
determined to become a member in 2007 - it doesn't have the steep tax structure
and production costs that make second homes cost prohibitive in EU countries. In
addition, the Bulgarian government recognizes that tourism is an important
component of its growing economy, and so offers a variety of financial
incentives in order to attract investors to property in Bulgaria.



As an opportunity to invest in property, Bulgaria is unsurpassed. Although
property values have risen over the past two years, they are not yet close to
levels in the rest of Europe. Regarding hot property for sale, Bulgaria offers
everything from new housing developments in five star beach and ski resort areas
to new apartments in Bulgarian cities.



Bulgaria development property is truly the fastest growing real estate market in
Europe, particularly in the ski resort areas of Bansko, Borovets, and Pamporovo,
which offer everything from world class skiing and snowboarding to cross country
skiing, giant slalom, and biathlon courses. Borovets even offers helicopter
transportation to its most challenging ski runs.



But Bulgaria offers more than beautiful mountains and an inviting shoreline.
Tourists marvel at the architecture of Bulgarian monasteries and celebrate along
with the locals at the annual Festival of Roses that is held in late spring.
They feast on mouthwatering Bulgarian cheeses and traditional stews and
sausages. And they embrace the rich culture of Bulgaria when visiting museums
and galleries in cities from Sofia to Varna or attending festivals and contests
featuring folkloric music and dancing.



Bulgaria property investment is both financially and culturally rewarding.
Whether using property in Bulgaria as a second home or as a vacation rental,
there's never been a better time to buy property in Bulgaria.

 

Chris Robertson is an author of Majon International, one of the worlds MOST popular internet marketing companies on the web. Visit this Real Estate Website and Majon's Real Estate directory. Article Source: http://EzineArticles.com/?expert=Chris_Robertson

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Property in Bulgaria

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Bulgaria property Investment

Ski apartments Bulgaria