Bulgaria is perfectly suitable not only for excellent rest but also for comfortable living
When choosing a place for rest, Bulgaria has always been, is, and will be an attractive country for our compatriots. Rich history, shared tragedies of wars, special cordiality of the inhabitants of a peaceful Christian country with rich Orthodox traditions unite us mentally, historically, and spiritually. For the development of beach, ski, health, active, and historical tourism in Bulgaria, there are plenty of resources.
Rest in Bulgaria is also attractive because there is practically no language barrier for Slavic peoples. Moderate prices, short distances to any European country, and a wonderful comfortable climate that requires no adaptation are pleasing. The blue sky, turquoise surf, sandy beaches, and healing air from the forested spurs of the Balkan Mountains – an amazing combination of recreational resources of the country, on the basis of which the tourism industry is rapidly developing – this is modern Bulgaria.
Bulgaria's accession to the European Union in 2007 increased the country's attractiveness for investment. The construction of tourist and residential complexes is proceeding at a huge pace directly in the coastal zone. Real estate in Bulgaria is in great demand at the world-famous resorts – Sunny Beach and Golden Sands, as well as at the magnificent and equally popular mountain resorts of Pamporovo and Bansko. According to experts, real estate prices are currently rising. The most expensive are apartments in the city of Ruse (24.3%), while in the capital Sofia this figure is more modest at approximately 9%. In Varna it does not reach 7%, and in resort Burgas it approaches 6%.
Market analysis shows that among buyers of Bulgarian real estate recently there are fewer Italians, Spaniards, British, residents of Scandinavian countries, who showed the greatest interest in Bulgarian real estate transactions in the pre-crisis period. Western European investors are increasingly being replaced by Russians.
Bulgaria is a wonderful country not only for rest but also for living. Intensive development of the coast makes it possible to buy real estate in Bulgaria at the most favorable prices. While in the areas of Varna, Albena, Sunny Beach, Golden Sands demand and prices are higher, in the new resort area of Bulgaria – Balchik (50 km from Varna) you can buy apartments on the first shoreline considerably cheaper. The healing climate of these places is especially beneficial for children and the elderly.
Bulgaria is one of the few countries where foreigners are provided with loans for the purchase of real estate for up to fifteen years. Bulgaria is a wonderful place not only for excellent rest and comfortable living, but also for business. Socially active citizens of any country have the opportunity to open their own business in Bulgaria in the fields of services, commerce, tourism, and construction.