What Makes Bulgaria Property A Great Investment?
Three things make Bulgaria property a great investment.
These are cheap real estate values, the positive economic climate and the wealth of natural resources.
Before spending their hard-earned money smart investors check out the country and the real estate market.
Bulgaria passes this test easily; in fact, this country is expecting an increase in growth of 3.5% in 2011.
People have discovered what money can buy here in Bulgaria.
Real estate values are great now in Bulgaria and are expected to rise as more visitors buy a second home enjoying the benefits of international real estate.
Apartments in Bulgaria can be purchased as low as 30,000 and rural homes with swimming pools are offered in the 45-50,000 range.
Even undeveloped land is plentiful; with prices as low as 4 per square meter developing the property into the perfect home, business or commercial site is an attractive endeavor.
Financing is available from local banks in Bulgaria with enticing rates.
The government of Bulgaria is pro-business and pro-development.
Offering the lowest corporate and personal income tax rate in Bulgaria, businesses and people see benefit in relocating. This tax rate is only 10%.
Chinas biggest sport-utility manufacturer Heibei, is building an 80 million manufacturing plant in Bulgaria.
The low living costs in Bulgaria, low wages and ready and willing workers are capturing the interest of businesses around the globe and make buying international real estate here attractive.
This country is rich in natural resources.
Mining is a major industry with Bulgaria placing third in copper production, sixth in zinc production and ninth in coal production worldwide.
Agricultural products in Bulgaria are an important export; this country ranks third in tobacco production and twelfth in raspberry production in the European area.
The climate produces excellent wine, another export.
Golden beaches frame the Black Sea and alpine mountain slopes draw skiers; tourists love to visit Bulgaria as their money buys much more in lodging, dining and entertainment.
Beach front cottages and ski apartments in Bulgaria are popular international real estate investments.
There are three wonderful reasons to invest in this forward thinking country Bulgaria:
Bulgaria property is a good investment as the current real estate values are low, the government is working to attract businesses and the country is full of valuable natural resources.
Money goes further here in Bulgaria.
by: Gary Curran
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