Bulgarian Real Estate
This article on Bulgarian real estate is perfect for the international
real estate section of the site. It also happens to fit the primary
theme of the site, since you can easily buy houses for under
fifty thousand dollars in Bulgaria (as of 2007).
Bulgaria – The Best Property Investment in the EU
By Mark Emerson
Investing in real estate is regarded as probably the safest
and most consistent way to increase your capital. Worldwide property
investment is no longer the preserve of the super rich or readily
connected but with the event of the internet and a simplified
banking system, is open to all of us.
Massive fortunes are built and grown through property investment
and the sheer size of the global market offers the chance to
build a property portfolio with even if you have the smallest
budget.
Emerging markets and the ready availability of cheap investments,
can be you’re your pension plan and a source of regular
income. The key is identifying the fastest appreciating areas
with affordable property that will offer consistent growth and
huge capital returns.
Currently, in the European market, Bulgaria is the current
hotspot with an average growth rate of 30% with the cheapest
property prices in the EU. There are several other countries
in the EU, which attract foreign investment for a variety of
reasons. None, however, can rival the sheer number of factors,
which makes Bulgaria an irresistible, safe and compelling location
for your investment capital:
The cheapest cost of living in the EU-- 50p for a beer
and less than £5 for a three course dinner are prime examples
of why more and more holidaymakers and repeat visitors are flocking
to the country
The cheapest real estate in Europe-- you can buy a
detached house in the country with land for less than £10,000!
Outstanding natural beauty-- where else can you find
220km of sandy beaches, 1700 hours of sunshine a year and the
longest ski season in Europe?
Ease of Access-- Bulgaria is approximately three hours
from the UK by plane with all the low cost airlines now scheduled
to fly there
Increasing exposure-- All the major tour operators
now offer packages to Bulgaria at roughly 30-40% the cost of
the Spanish or Portuguese equivalent
Rapidly growing marketplace-- Visitor numbers and potential
buyers are growing at over 20% per annum
Sustained economic growth-- Bulgaria is experiencing
one of the best GDP growth rates in Europe at 4.7% per annum
Stable currency-- the Bulgarian Lev is pegged to the
Euro
Stable political and religious communities-- Bulgaria
is a full member of NATO has no history of civil upheaval and
no questions over land ownership
Booming house prices-- 30% growth rates are the norm,
your money would have appreciated by over 50% in key areas in
the last year
Full membership of the EU-- Bulgaria will become a
full member of the EU in 2007. This international acceptance
will promote massive government investment and expansion, accelerate
the growth of the country and ensure the highest capital growth
and rental yields for your Bulgarian property.
Property prices are continually rising and will surge with
full membership of the European Union. You can invest now in
either off-plan developments or existing resale properties at
bargain prices that are approximately 25% of Spanish, French,
Italian or Portuguese alternatives. The next few years will increase
the value of your property to fantastic heights.
Mark Emerson is the sales director for Investment Property
BG Ltd. The company specializes in high return investment property
in all areas of the Bulgaria marketplace with prices from under
£10,000.
Note to Mark: Please contact me so I can properly link to
your site.
|
