What is it about Bulgaria that has attracted thousands of property investors to commit to the country?
Why does the Bulgarian real estate sector appeal so greatly to so many people?
And what is causing the continuous flow of new investment into the country?
These are all questions that those external to the unstoppable Bulgarian real estate market need answering!
Well, the reasons for the popularity of Bulgarias property market are manifold and this article will guide you to an understanding of the main factors driving the ongoing success of the Bulgarian real estate sector.
Bulgaria is on track for EU accession that means that it is about to gain full membership of the European Union either in 2007 or 2008. When the country is a member it will benefit from freer trading rights, it will easily attract more foreign direct investment, more companies will set up offices and bases in the country and as a result employment opportunities will increase and overall the local Bulgarian economy will benefit positively.
Because Bulgaria is not yet in the EU however, many investors are buying property in Bulgaria now to benefit from the...