Invest in Bulgaria

Rental and Investment Opportunity

There has never been a better time to invest in Bulgaria, having seen record property sales registered. Holiday apartments in Bulgaria's Black Sea and Mountain Ski Resorts have increased by up to 40% in the 12 months to Dec 2004.

Forecasters expect prices will continue to increase 20%-30% annually until 2007 at least (the year EU accession for Bulgaria).

Bulgaria's tourism sector is well established and has recently become one of the fastest growing tourist destinations in Europe. The number of tourists visiting Bulgaria is expected to reach 4.4m in 2005 and as tourism continues to grow exponentially, rental opportunities for the right property are high.

The country has a number of unique features in its favour

Macroeconomic stability:

• Political and economic stability
  
• Sustained GDP growth of 4.7-4.9 % per year
  
• The currency is stable and linked to the Euro
  
• NATO membership achieved in 2004
  
• Rapid economic growth ahead of EU membership
  
• EU membership set for 1 January 2007
  
• Very competitive labour cost compared to the rest of Europe
  
• Very competitive tax regime 15% corporate profit tax
  
• Well educated, highly trained English speaking workforce
  
• Strategic geographic locationFull national treatment of foreign investment

Top tourist destination:

• Established and fast growing tourist industry
  
• Bulgaria voted No. 4 tourist destination worldwide by The Washington Post
  
• Budget airlines expected to start servicing the Black Sea coast from mid-2007 or 2008
  
• Bulgaria is a 2.5 hour flight from the UK direct and once Low Cost airlines start to operate there watch the country open up and demand soar
  
• 22% average annual growth of tourist arrivals for 2002 - 2004
  
• 43% year-on-year increase in British tourists for 2003
  
• Well developed and constantly improving summer resorts
  
• Excellent skiing opportunities with guaranteed winter snowfall
  
• Unbeatable prices guaranteeing best value for money holidays
  
• 1600 thermal mineral water springs
  
• Rich historical and cultural heritage
  
• Easy access from Europe

Booming real estate sector:

• Bulgaria on the agenda of top European real estate investment funds
  
• All properties we sell have a 10 year building guarantee
  
• All properties we sell are freehold
  
• Rapidly emerging property market
  
• Bulgarian property prices are rising but are still below other comparable countries, the major boom is yet to happen there
  Bulgaria has yet to see the spiralling property prices that have typified areas such as Spain, France and Greece
  
• 25% price growth in the last 12 months
  
• Still lowest real estate prices in Europe
  
• Dramatic increase in demand for quality accommodation at Bulgarian resorts
  
• Strong drive for property purchase from Bulgarians living abroad

Buy to Sell
We have made it possible for foreign investors to take advantage of this extremely lucrative investment vehicle.

At the initial "opening price" of a new off-plan development, prices are at their lowest, and of course all the best properties are still available. Investors can reserve as many properties as they wish - paying only the initial deposit (usually up to 30% of the total price). Before the completion (usually 18 months to 2 years) the property can be re-offered for sale.

As building work progresses, the builder's price will escalate as will the value of the investors purchases. Price increases of up to 50% have been seen from initial "off plan" stage to completion.

We have a dedicated re-sale division to re-sell investors properties. It's a great alternative to the practically non-existent return given by UK Banks and Building Societies.

Our Investment Division will advise and undertake to build a portfolio for investors - anything from a single property to a complete apartment block.

Serious investors will have access to properties "pre-launch" and at special prices. Inclusion in our VIP investors' lists will ensure you are advised of all the "best buys".

Buying an 'off plan' apartment in Bulgaria is essentially the same as buying in the UK and means reserving a property on a new development before the property is completed, often before construction has started.

Buy to Rent, Once you have completed on your property then we can take over the management and renting of your new Bulgarian home. We offer a complete furniture pack and cleaning/maintenance service