The Bulgarian property market is undergoing a radical change. With the lifting of restrictions on property sales, foreigners can buy cheap property in Bulgaria . Bulgaria offers some of the best locales at the most economical prices in Europe . This is amply illustrated by the fact that in the last year, about 10,000 British people purchased property in Bulgaria . Most of the purchases have been for recreational purposes. Speculative interest is also rising in Bulgarian properties since it is just two years away from EU membership.

 

For instance, a country retreat in the woods, on the banks of the Danube can be yours for as little as £15,000! Or a resort in the Black Sea area can be purchased for just £15,000. If you really want to buy cheap property in Bulgaria , then purchasing agricultural land is also not a bad option. The flip side being that agricultural land is usually in rural areas, far from the city centres. With a little extra money, you can develop your own golf course!

 

With the introduction of the currency board in 1997, Bulgaria has been politically stable country. The economy is also growing with the adoption of free market policies and removing restrictions on foreign investment. Bulgaria real estate prices are cheaper than most countries in Europe . The transactions costs (municipal costs and paperwork) are also cheaper. Bulgaria is trying hard to meet the criteria being set for EU membership and hopes to be a part of the European Union by early 2007. This means that you can purchase cheap property in Bulgaria .

 

Get in touch with us today and we will show you some of the finest cheap property in Bulgaria