During the last years Bulgaria is scoring intensive economic growth and turning into one of the main business and tourists destinations . In many respects the situation here is reminding the one experienced in Spain years ago, promising “boom” on the real estate market.
According to the Washington Post rating, Bulgaria is the fourth tourist destination in Europe.
It is one of the few countries in Europe with climate similar to that if Spain. Sunny days per year are average 150, and summer air temperatures are between 26oC (79oF) and 35oC (95oF)
One of the tourist destinations with the highest growth of tourism in the world. Main tour operators such as Thompson or Tui, as well as many others have included Bulgaria in the lists of their holiday tourist destinations.
Annual growth of tourism is about 24% (6.5 million tourists) and it is directly related to the development of the real estate market, construction and public infrastructure.
Low prices. Prices of foodstuffs, as well as the other daily expenses, are substantially lower than the average prices in EU.
Real estate prices are by about50% lower in comparison to those of the rest of the tourist complexes in Europe.
During the last two years it was recorded growth of prices by about 50% in some regions.
High cost efficiency of investments through letting during the tourist season.
National currency – Lev, has fixed exchange rate towards the Euro.
Country’s potential is increasing with the growth of political, economic, social and religious stability.
Member of the European Union since 01 January 2007.