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Bulgaria is a small, yet stunning Balkan country located in the South East of Europe and bordered by Greece, Turkey, Romania, Serbia, Macedonia and the Black Sea. It has a rich and varied history, influenced by the Romans, Greeks, Bulgars and the Ottoman and Byzantine Empires. Before we start to look at Bulgaria property investment it is important to understand a little of the rich history and culture that has accumulated to make Bulgaria such a great property investment region . |
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There is no doubt that Bulgaria and Bulgaria Property Sales is benefiting from their forth coming entry into the European Union (EU) expected in 2007, which has both increased the profile of the country, increased visitor numbers and opened up access to large development grants from the EU. All these factors are positive for the property market in Bulgaria . |
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After being blighted by social unrest, corruption, and law and order problems, the country has made great strides over the last few years. Corruption has been a major problem at political level, but pre-set conditions of entry to the European Union have forced change upon this former soviet controlled country. One of the main successes has been the proposed integration with the rest of Europe which should help the growth of the Bulgaria property investment market. |
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While the Bulgaria property sales continue to move forward, there are a few characteristics which are unique to the countries trading system. As the authorities continue to embrace a free market culture, with no regulation, the property sector can encounter short term bouts of volatility due to seasonal swings in buyers and sellers. |
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