Bulgaria Guide:
Welcome to Bulgaria, the most exciting property opportunity in Europe. Whether it is the golden beaches or ski resorts, we have a comprehensive range of top value properties specially selected for shrewd investors. Membership of the EU has bought Bulgaria to the forefront of the property investment market in Europe. Our experience and dedication to finding ther finest of investments your investment in Bulgaria is most successful.
Bulgaria Bursting with Opportunities:
Five years ago if you were asked where to invest in property in Europe, it is doubtful that Bulgaria would have been on your hit list.
However, as time has passed shrewd property investors have discovered the wealth of opportunities offered by this Eastern European gem and now it is top on the list for those seeking quality homes and excellent investments.
What has captured the imagination of the tough investors and convinced them that the Bulgarian property market is the place to be?
It is not one outstanding factor, it is the combination of several. First let's take a look at the country. Dust off your map of Europe and see what Bulgaria has to offer. To begin with it is not land bound, it benefits from over 250 Kms. of magnificent golden beaches on the Black Sea. Black Sea? Far from it! You will not find a better blue or clearer ocean than that bordering Bulgaria. The coastline is full of contrasts.
Reasons to invest in Bulgaria:
1. Full member of the EU, January 1st 2007, see how this has significantly increased property values of other new entrants.
2. The best value property in Europe, low materials costs, low labour costs yet highest qualities.
3. Prices 45% less than surrounding EU members. Plus superb facilities, superior to many other countries.
4. Membership of the EU will have enourmous impact on the infrastructure of Bulgaria. EU funding has already had significant effect the infrastructure.
5. High rental returns, the fastest growing tourism industry in Europe, doubling in the next 5 years.
6. Low cost of living, best value for tourists.
7. Superb locations, the fastest growing ski resort in Europe, Bansko. 250km of golden beaches on the Black Sea.
8. Stable economy, currency linked to Euro.
9. Growing destination for low cost airlines, even more tourism opportunities.
10. Exclusive BANK guaranteed rentals available, investors can be sure of returns.
Fabulous Beaches:
THE BLACK SEA COAST
The beaches of Bulgaria's black sea coastline stretch for 250 kms. The south is served by the international airport of Bourgas. The southern most resort is Sozopol a tranquil area with cliffs overlooking the placid sea. In parts there are coves which provide superb sandy beaches. The actual village of Sozopol is a typical Bulgarian village, full of tradition. Further north you come across three totally diverse towns linked together around a beautiful bay.
Nessebar, a world heritage site is a small fishing village. Its history goes back to the 2nd century, its narrow streets are full of contrasts housing up to 40 historic churches and monasteries. At night the town squares are full of tourists enjoying the many bars and restaurants. The tourists come from the neighbouring town Sunny Beach. Sunny Beach is the most famous of Bulgaria's beach resorts. Its cosmopolitan atmosphere is created by luxury hotels, new residential developments, numerous bars, restaurants and clubs. The beachfront is full of high quality beach clubs where you can lounge in huge sofas and sun beds, sip a cocktail and take in the views. Whilst this is a very busy town, many developments are being constructed just a few kilometers away at the fringe of fantastic forests and countryside providing the residents with a choice of tranquility or within 10 minutes the bustle of the beach.
Next to Sunny Beach is the small town of St. Vlas. This is a quieter, more residential area, enjoying sensational views across the bay of Sunny beach.
As you leave this area you take the coastal road north. During your journey you will be travelling through huge forests with the views punctuated by stunning sights of the sea. About 40 minutes away leave the main road and drive into Ozbor, a traditional town with excellent restaurants and, best of all, one of the best beaches on the coast. At this time there are only a few hotels spread along the beach. However high quality residential developments are under way. These will prove to be an excellent investment as a fabulous marina is planned for the area.
Further North you arrive at the bustling and beautiful harbour town of Varna, home of the main international airport. A further short drive away brings you to the largest of the Northern resorts; Golden Sands. The beach of the resort stretches over some 4km with width of up to 100 metres. Almost the entire coast along the resort falls within the boundaries of the Zlatni Pyasatsi natural park. The area is famous for the purest sand on the Black Sea coast and also abounds with trees and bushes. Further North is the beautiful beach resort of Kavarna. The resort is focused around an attractive marina and beautiful sandy beach. The area is becoming very popular as championship golf courses, one designed by Gary Player, one by Ian Woosnam and a further one planned, are under construction these are all a short drive away from the resort.
Incredible Countryside:
Several hours drive from the coast takes you to the ski region. However, before you reach your destination you have the opportunity to take in the beauty of the country:
Gushing rivers, brimful of fish, tranquil lakes, villages and historic towns where the progress of time has been rejected and Europe's highest capital, Sofia, are all there to give you one of Europe's most fascinating journeys. Take time to take in Sofia, it will become the capital of Eastern Europe: the USA has placed its Balkan Embassy here; there is even a "Hollywood" area which is becoming more and more popular for American film makers as a location. There is also a dedicated ski resort for Sofia on the edge of town.
Ski Centre for Europe:
Bansko, now a fantastic destination, 365 days a year. There's no doubt about it Bansko has become as a "must visit" destination all year round. There are so many reasons why it has become so popular: Starting at the obvious, this small town with a history and unique tradition going back thousands of years is slowly transforming to a hugely popular ski resort, matching its European counterparts in every way.
In spite of this, the inhabitants jealously protect their town from over development. The heart of the town is very much a traditional village with remarkable stone houses and cobbled streets.
This is where you will find the mehani (taverns) and probably spend all of your nights, eating the finest food and drinking excellent wine whilst being entertained with traditional music and singing.
The architecture, the food, the entertainment is here to stay and will never change. Around the heart of the town, near the ski gondola is where new developments of top quality hotels and apartments are being constructed.
The style of the new buildings is in line with traditional ski resorts on the exterior, and inside incorporating luxury features like indoor swimming pools, spas and restaurants for the benefits of the residents.
Bansko boasts an extremely good snow record and the surrounding mountains provide excellent opportunities for expansion. Bansko has the longest ski season (15 Dec - 15 May).
A major English newspaper has labeled Bansko as the new "St. Moritz of Europe"! The cost in resort both for skiing and entertainment are significantly lower than other European ski resorts.
So why is Bansko so popular for skiers?
Take a view of what it has to offer. Currently 65kms of ski runs with plans for expansion. Run heights from 2560 meters to 990 meters. 26 kms of ski lifts, 13 kms of which are seated, 7 kms are drag and 6 kms cabin. 35% of the runs are for beginners; 40% for intermediate and 25% advanced. There is also a ski road for intermediates and snowboarders.
This is covered by snow cannons and is lit to create a fantastic journey from the highest ski run to the town. Children have not been forgotten, there is a ski kindergarten with every facility to introduce them to a wonderful sport.
For beginners there is the largest ski and snowboard school in the region with dozens of highly qualified, multi lingual instructors. The very latest equipment is at hand for hire as well. So from December to May the ski enthusiast is assured of a superb sport, excellent entertainment and a fulfilling activity holiday.
But what about the rest of the year?
Surrounded by 3 mountain ranges, multiple rivers, meadows and forests, Bansko is the heart of a unique place in the world.
In the summer months Bansko takes on a different character entirely. The countryside welcomes the visitor with accessibility to most areas including the mountains. Park your car and take a stroll (or hike, depending on your energy) through stunning countryside alongside clear mountain streams and lakes in the shade of huge beech and oak trees. You can stop and enjoy a barbecue at one of the many strategically placed picnic sites which have hearths all ready for you to get cooking.
For those seeking a spa, 7 minutes away by car is the village of Banya where you will enjoy an open air pool with hot mineral waters. Hunting and fishing are a great pastime. The rivers and streams offer an abundance of sport. The forest and meadows house red deer, fallow deer, chamois, boars, hares, partridges and pheasants. Hunting is strictly controlled and a license is required, but once in possession the sportsman has at his disposal huts and hunter's houses from where they can enjoy their sport.
Now Golf at its Best:
New to the area is Golf, and as with other sports, Bansko has approached the project with care and diligence. Designed by Ian Woosnam, the victorious 2006 European Ryder Cup team captain, Pirin Golf Resort, lies a few kilometres from Bansko town and houses a beautiful new parkland style, 18 hole championship length golf course with all the facilities.
Golf has added yet another dimension to the beauty of Bansko. There are several projects under construction by the golf course for those who want "front line" positions. So there it is, at your disposal, skiing, hunting, shooting, fishing, walking, climbing, golf and culture in one of the most beautiful places on the planet. If only there were 400 days in a year in Bansko!
Now Part of the EU:
Apart from the beauty of the country there are many other good reasons to invest in Bulgaria. For a start, after promising membership of the EU for several years; as predicted, in 2007, Bulgaria becomes a full member of the EU.
How will this affect the property values?
For at least three years property values have been rising in Bulgaria on the anticipation of EU membership, now the early investors will reap huge rewards. However, now that membership is confirmed for January 2007, there will be a greater interest in Bulgaria not only from property investor but from multi national companies. Developers have recognised this interest and now fabulous "added value" facilities have been included in new resorts; Spa's, swimming pools, tennis, bowls, casinos, and much more are becoming part of the lifestyle offered to investors.
Italian, Cypriot and Greek companies are forecast to be taking large investments for the future throughout the land. It is a fact that even now Bulgaria property values are at least 45% less than their new EU neighbours. As with other new members in the past, Bulgarian values will rise to reach those of their neighbours, especially with EU investment in the infrastructure. The improvements to roads and general infrastructure in Spain & Portugal caused property values to significantly increase. Now is an excellent time to buy in Bulgaria.
So, with a sound economy, and the country now fully integrated into the Euro, The property values aspire to those of neighbouring states, and the fastest growing tourism market in Europe. The property investor has the opportunity of both medium and long term gains and a great deal to look