Bulgaria Property News

Will European investors now flock to the Bulgarian property market?

by Mark Benson on May 19, 2014

Will European investors now flock to the Bulgarian property market?

Will European investors now flock to the Bulgarian property market?

When Bulgaria joined the European Union, part of the arrangement was a five-year moratorium on land purchases which dictated that European investors could only acquire land through a legal entity, i.e. a company. This five-year arrangement is now up and since the beginning of 2012 we have seen renewed interest from European buyers. So, what does the future hold for the Bulgarian real estate market? How is the country positioned to take advantage of the eventual European upturn?

Even though Bulgaria is situated on the outskirts of the politically volatile Ukraine/Russian area of the world many people believe that the country is very well positioned for the future. [click to continue…]

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