Expat Community > Bulgaria

relevance
Joined 2007
Posts: 5

Bulgaria's Booming into the 21st Century

16 years ago

According to the Wall Street Journal, as countries join the European Union, they are viewed as more stable, making investors more likely to jump in with their money. With Bulgaria's accession into the European Union in January 2007, it has attracted increasing levels of foreign investment and tourism.
This is clearly exemplified by recent property market activity in Bulgarian real estate in the country's capital, Sofia. According to The Independent, Sofia is "growing economically and geographically faster than any other former Eastern European capital". By November 2006, Bulgaria attracted a record amount of foreign investment, reaching ¬3.2billion, placing the country number one out of the 10 newest EU member states for the amount of direct foreign investment attracted.
Furthermore, the report states that the Bulgarian real estate and property boom is so significant that locals themselves are entering into the market and participating in the Bulgaria property investment, which is always a positive sign.
Supporting Bulgaria's property strength lies in its ability to become the first country in Central and Eastern Europe to establish a national Real Estate Market Index. This index is considered a reliable indicator of the investment activity and business development. Furthermore, a source from The Independent states "It has provided Bulgarian and foreign investors, banks and other financial institutions with a measure of security and the ability to plan ahead." Additionally this installs confidence for investors interested in Bulgarian properties for sale.
The harmonization of Bulgarian legislation with that of the European Union means that the actual process of buying property in Bulgaria and the real estate transaction that goes with, is not that much different to the procedure that exists in other European countries.
Therefore it comes as no surprise that this land of unspoiled beauty is throwing off its bottom-end-of-the-market image and moving towards building more luxurious properties.
yooBulgaria is a company capitalizing from the Bulgarian property market by developing and selling luxury property Bulgaria. Three companies with one vision have come together to build an outstanding residential development. Design led developers YOO, award winning architects Diamond-Schmidtt and investment specialists Unique Developments introduce an affordable investment opportunity to a region soaring into the 21st Century.
Presenting 257 shoreline luxury apartments Bulgaria with high specifications, yooBulgaria is offering high profile property for sale in Bulgaria at an extremely attractive price.
Don't miss out on your chance to invest in a luxury Black Sea property.

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Living in Bulgaria Guide

Expats living in Bulgaria can have all kinds of experiences while living abroad there. The capital city of Sofia offers a much different experience compared to what expats will experience in a Bulgarian village.

Bulgaria Forum
Join our Bulgaria forum to meet other expats and talk about living in Bulgaria.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Bulgaria.

Best Places to Live in Bulgaria

If you're dreaming about living in Bulgaria, here are the 15 Best Places to Live in Bulgaria in 2023.

61 Expats Talk about Healthcare & Health Insurance in Bulgaria

Expats living in Bulgaria talk about their own experiences with healthcare, hospital visits, emergencies, finding a doctor, buying health insurance in Bulgaria and more.

Cost of Living in Bulgaria

Expats offer insight into the cost of living in Bulgaria.

Moving to Bulgaria Guide

Expats who move to Bulgaria have a wide variety of options to choose from in terms of where to live. Whether you want to live off the grid, in the mountains, or by the sea, it's all there to be had as long as you do the appropriate research and understand some of the unique aspects of successfully moving to Bulgaria.

Real Estate in Bulgaria

Real estate listings in popular cities and towns in Bulgaria.

Pros & Cons of Living in Bulgaria

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Bulgaria.

Retiring in Bulgaria

Advice for people retiring in Bulgaria.

10 Tips for Living in Bulgaria

If you've recently arrived in Bulgaria, here are 10 tips for digital nomads living in Bulgaria.

Additional Information:

Visit our Bulgaria Index for a Full List

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute
Help others in Bulgaria by answering questions about the challenges and adventures of living in Bulgaria.

Login

Or, Send Login Link

Expat Community > Bulgaria

Bulgaria's Booming into the 21st Century

Login