Bulgaria is a beautiful, sometimes challenging, interesting and engaging country. Bulgaria emerged from a communist regime on 10th November 1989 and since then the country has experienced rapid change and continues to develop. Similar to many developing countries, there is much to learn and experience; if you intend to visit Bulgaria for a short or extended period of time the following description will give you a brief idea of the country.
Location:
Situated in southeastern Europe, Bulgaria occupies the northeastern part of the Balkan Peninsula. To the East Bulgaria touches the Black Sea. To the South its neighbours are the famous Greece and Turkey. Romania is to the north, much of it denoted by the River Danube, and Serbia and Macedonia are Bulgaria’s neighbors to the west.
Key Tourist Locations:
From a tourism perspective, the most popular destinations are those on the coast and several skiing resorts . The Black Sea Coast is dominated by the larger more successful summer resorts such as those at Sunny Beach, serviced by two main airports at Bourgas and Varna. The mountain destinations have grown in popularity substantially in recent years, the most successful one being at Bansko. From investor’s point of view the capital Sofia is becoming one the most attractive destinations in Europe serviced by Vrajdebna airport.
The opportunities presented by the new Eastern European markets have drawn two types of buyers: those looking for city-centre buy-to-let properties and those attracted by holiday properties with letting potential. And naturally Bulgaria offers both of the opportunities. . It is host to what will be one of the most dynamic and as of yet relatively untapped property and real estate markets.
Large variety of property available for sale in many areas of Bulgaria. The Republic of Bulgaria, located in south-eastern Europe and sharing borders with Greece and Turkey among others is on its way to turn into the Riviera on the Balkans. With its continental climate Bulgaria attracts Summer tourists with its beautiful and unspoilt white beaches along the Black Sea coast and Bulgaria’s long hot summers.
Winter tourists are drawn to Bulgaria’s stunning mountains and fast developing winter sports resorts along with the other attractions Bulgaria can offer-preserved rural areas, beautiful countrysides, minimum urbanization, thousand years of history. Thanks to its southern location the region of Burgas is especially pleasant. Also, within less than a thirty minute drive from Burgas are the popular holiday destinations of Sunny Beach, St.Vlas, Sozopol, Primorsko, and Nessebar. Other areas covered are Bansko and Sofia
Basic facts about Bulgaria
Bulgaria has joined the European Union in January 2007.
The Black Sea airports are about 3 hours flight from every country in Europe.
Bulgaria has recently joined NATO
The currency is stable and linked to the Euro
Sustained GDP growth of 4.7- 4.9 % per year
The Black Sea coast boasts 220km of sandy beaches
The Black Sea coast has over 1700 hours of sunshine from May to October
The diverse geography and climate allows both ski and beach resorts.
Well developed and constantly improving summer resorts
Excellent skiing opportunities with guaranteed winter snowfall
The general cost of living is one of the cheapest in Europe
22% average annual growth of tourist arrivals for 2002 – 2006
All major tour operators will be on the Black Sea coast this year.
Property prices are currently some of cheapest in Europe and last year rose by over 30%
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