Property for sale in all regions of Bulgaria
Property for
sale in Bulgaria News
News 06 June 2006
Further investment boosts Bulgarian property
market
Hardly a week goes by without news emerging from Bulgaria about another
planned investment project as the country looks to enhance its reputation
in advance of EU accession.
In addition to large-scale property investment, officials are also working
hard to stamp out corruption and to combat some of the other legal concerns
that have been Bulgaria's perennial weakness in years gone by.
It was reported in the Sofia Echo today that health minister Radoslav Gaidarski
is now in the process of producing an anti-corruption strategy for healthcare
institutions. This forms part of the country's overall desire to rid itself
of the problems that have plagued it in the past, with prime minister Sergei
Stanishev fixed on the idea of modernisation at every level.
The new strategy for the healthcare institutions is in direct response to
the European Commission's monitoring report on May 16th, it is reported.
Bulgaria was criticised for levels of corruption in both healthcare and
education, but the rapidity of the response in beginning this anti-corruption
strategy is testament to the resolution to meet any conditions specified
by the EU.
The issue of EU accession is important for Bulgaria for a whole host of
reasons, but it is also particularly significant for property investors
who expect the occasion to coincide with notable house price growth in the
country.
A suitable parallel can be drawn with Spain and it is a comparison that
is particularly apt because of Bulgaria's blossoming reputation as a tourist
haven.
The US Department of State recalls that Spain's accession to the European
Community in January 1986 required it to open up its economy. It also had
to modernise its industrial base and improve its general infrastructure.
Another key issue was that it had to revise economic legislation to conform
to EU guidelines.
As a result of all of these amendments Spain was able to increase gross
domestic product (GDP) growth, reduce public debt to GDP ratio, significantly
reduce unemployment from 23 per cent to 15 per cent and reduce inflation
to less than three per cent.
The vast majority of these factors are also applicable to Bulgaria 20 years
later and so it is no surprise that experts have been drawing comparisons
between the two countries. Property
in Spain soared after it joined the EU and it is a fortune that many
foresee for Bulgaria too.
Questions certainly remain regarding improvements to infrastructure but
there is no doubt that the authorities are answering them in the right way.
The Associated Press reports that the government has now invited five bidders
to place binding offers for the construction of a €160 million bridge
across the Danube River, which will link the Bulgarian port of Vidin to
the Romanian city of Calafat by both road and rail.
Another example of the progress that is being made, this provides reassurance
to investors that the commitment to modernisation and expansion is strong.
Bulgaria already has a thriving ski industry thanks to Bansko
while the Black Sea resorts mean it is particularly popular in the summer.
As Bulgaria continues to prepare thoroughly for EU accession, optimism is
high that it is developing into one of Europe's most dynamic locations for
property investment.
Optimism high in Bulgaria
Accession to the European Union is inevitably going to play a central role
in the future of property investment in Bulgaria.
Bulgarian property is already proving popular with investors looking for
long-term capital growth, but there is no doubt that accession to the EU
will encourage many more to purchase properties in the country with a view
to capitalising on the extensive house price growth that will presumably
ensue.
The road to EU membership has certainly been a bumpy one for Bulgaria and
reports on its progress have let officials know that there is still some
work to do. Despite this, financial experts in the country are seemingly
confident that everything is on track to join on January 1st next year.
The implications for property investment could be immense.
Speaking to the Sofia News Agency, Mr Maxim Behar, head of the Bulgarian
Business Leader Forum, said: "I am even more optimistic than before.
I am sure that we are going to join the EU on January 1st 2007. The tone
of the monitoring report is very positive."
The news agency reports that one of the chief roles of the Bulgarian Business
Leader Forum is to encourage transparency and promote good ethics in the
Bulgarian business sphere. These issues are all central to Bulgaria's accession
to the EU and there appears to be a great deal of confidence that things
are moving in the right direction.
As EU accession draws closer, the Bulgarian property market is also beginning
to benefit from increased access. More and more airlines are now taking
advantage of high demand from investors, with particular interest being
shown in the Black Sea resorts and around the ski slopes in Bansko,
Borovets, Pamporovo.
The Bulgaria News Network reports that Bulgaria Air has now launched summertime
flights from the Black Sea town of Bourgas
to London and it is a move that makes it even easier for investors to investigate
their chosen areas.
Zlatin Sarastov, CEO of Bulgaria Air, mentioned that British nationals are
now choosing Bulgaria as a destination for their main summer vacation, while
others are looking to buy coastal properties.
It is thought that national carriers will soon run flights between Bourgas
and Madrid as well as Bourgas and Dublin, while Bulgaria Air already has
a couple of routes between European capital cities and Varna.
Bulgarian officials are continuing to work on the country's weaker areas
and it is looking increasingly like things will be in place for accession
to the EU early next year.
Because it offers diverse opportunities for property investment ranging
from ski chalets to beach
houses, there is a great deal of hope that growth in the Bulgarian
property market will be rapid once membership is achieved. With numerous
airlines now offering flights to the country for competitive prices, it
would seem that the foundations for this expansion are well and truly in
place.
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15599
Price: £34,483 - €50,000
Details: Beds: 0 | Baths: 0 | Built M2 500 | Plot: M2 600 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15597
Price: £30,966 - €44,900
Details: Beds: 3 | Baths: 2 | Built M2 180 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15603
Price: £26,897 - €39,000
Details: Beds: 6 | Baths: 2 | Built M2 240 | Plot: M2 560 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15602
Price: £25,862 - €37,500
Details: Beds:6 | Baths: 3 | Built M2 200 | Plot: M2 - | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15601
Price: £21,379 - €31,000
Details: Beds:2 | Baths: 1 | Built M2 100 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15595
Price: £17,931 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 200 | Plot: M2 4000 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15595
Price: £17,931 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 200 | Plot: M2 4000 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Borovets
Ref: 16896
Prices from: £48,490 - €71,280
Details: Beds: 1 | Baths: 1 | Built M2 72 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Borovets bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Borovets
Ref: 16897
Prices from: £48,490 - €71,280
Details: Beds: 1 | Baths: 1 | Built M2 72 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Bansko
Ref: 16542
Prices from: £58,231 - €85,599
Details: Beds: 1 | Baths: 1 | Built M2 80.94 | Plot: M2 - | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Bansko
Ref: 16895
Prices from: £56,667 - €83,300
Details: Beds: 1 | Baths: 1 | Built M2 70 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - House
Location: Bansko
Ref: 15445
Price: £19,728 - €29,000
Details: Beds:4 | Baths: 1 | Built M2 150 | Plot: M2 500 | Pool: No | Garage: No
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 14275
Price: £88,435 - €130,000
Details: Beds:4 | Baths: 2 | Built M2 150 | Plot: M2 1200 | Pool: No | Garage: Parking
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 16613
Price: £64,626 - €95,000
Details: Beds:3 | Baths: 2 | Built M2 300 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 14283
Price: £47,619 - €70,000
Details: Beds:2 | Baths: 1 | Built M2 120 | Plot: M2 1200 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15036
Price: £37,415 - €55,000
Details: Beds:2 | Baths: 1 | Built M2 150 | Plot: M2 2000 | Pool: No | Garage: No
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15364
Price: £19,048 - €28,000
Details: Beds:3 | Baths: 2 | Built M2 100 | Plot: M2 1500 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15037
Price: £17,687 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 120 | Plot: M2 700 | Pool: No | Garage: Yes
property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15590
Price: £56,463 - €83,000
Details: Beds:2 | Baths: 1 | Built: M2 90 | Plot: M2 800 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15591
Price: £55,034 - €80,900
Details: Beds:5 | Baths: 3 | Built: M2 1000 | Plot: M2 4000 | Pool: Yes | Garage: No
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15585
Price: £44,218 - €65,000
Details: Beds:4 | Baths: 2 | Built: M2 190 | Plot: M2 32 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15588
Price: £44,218 - €65,000
Details: Beds:5 | Baths: 2 | Built: M2 250 | Plot: M2 800 | Pool: No | Garage: Yes
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 15444
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15584
Price: £24,490 - €36,000
Details: Beds:3 | Baths: 2 | Built: M2 180 | Plot: M2 600 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15586
Price: £17,007 - €25,000
Details: Beds:1 | Baths: 1 | Built: M2 90 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15589
Price: £15,646 - €23,000
Details: Beds:2 | Baths: 1 | Built M2 80 | Plot: M2 - | Pool: No | Garage: Yes
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15630
Price: £44,322 - €65,153
Completion: November 2005
Details: Beds: 1 | Baths: 1 | Built M2 59 | Plot: M2 -- | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property off plan apartment
Location: Bansko
Ref: 16546
Price: £39,185 - €57,602
Completion: August 2006
Details: Beds: 1 | Baths: 1 | Built M2 -- | Plot: M2 -- | Pool: No | Garage: --
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15630
Price: £44,322 - €65,153
Completion: November 2005
Details: Beds: 1 | Baths: 1 | Built M2 59 | Plot: M2 -- | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15960
Price: £38,027 - €55,900
Details: Beds: 1 | Baths: 1 | Built M2 43 | Plot: M2 -- | Pool: No | Garage: Secure Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property Villa
Location: Bansko
Ref: 16549
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 16766
Price: £27,211 - €40,000
Details: Beds:-- | Baths:-- | Built M2 -| Plot: M2 - | Pool: Heated | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 16610
Price: £26,993 - €39,680
Details: Beds:1 | Baths:1 | Built M2 -| Plot: M2 - | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 15444
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Bulgarian property for sale
Bulgarian property
Bulgaria property for sale
Bulgaria Property
Listed in this section are Bulgaria property ads for sale and rent. Currently we are offering more than 2000 hot offers of Bulgaria property from all main regions of our beautiful country. Bulgarian Properties have own local branches and agents in each area where we sell Bulgaria property.
Bulgaria property for sale
Property for sale in Bulgaria