
The iron curtain has parted. Bulgaria, a former Communist country, is now actively seeking foreign investment. It plans to join the EU by 2007 and to meet the EU regulations; it has opened its property market.
In 1990, Bulgaria embraced free market economy. Since the Bulgarian economy is still in the development stage, investment property in Bulgaria can be procured at very economical prices as compared to rest of Europe. For instance, a three to five bedroom house with land can range from £9,000 - £25,000. Prices in tourist areas like the Black Sea area and ski resorts are more expensive. With the ease in rules, many foreign nationals are actively buying properties across the length and breadth of Bulgaria.
Indeed it isn't surprising when one comes to know of the fantastic returns that are on offer. Property to rent in Bulgaria is set to be the next big thing.
In the near future, when Bulgaria joins EU, property to rent in Bulgaria boards will be visible all across the tourist locales. Thus make the best of this golden opportunity and buy a property in Bulgaria to rent it out. And then make amazing returns with property to rent in Bulgaria schemes. So drop us a line now and we will take you through the process.