THE  BULGARIAN  REAL  ESTATE  MARKET

Top Reasons to Invest in Bulgaria

Natural Factors

• 11 "Blue Flag" Beaches along 354 km of Black Sea coast;

• 37,500km Hiking paths & mountain trails;

• Roman, Greek & Thracian historical attractions, including 9 UNESCO (United Nations Educational, Scientific & Cultural Organization) world heritage sites;

• Budget air services & short flight times to/from Europe;

• Top Ski resorts – fully equipped with great infrastructure;

• Borders with Greece, Macedonia, Romania, Serbia & Montenegro & Turkey;

• Low population density;

• Average air temperature on the Black Sea coast during the Summer months is 27°C & average water temperature is 22°C;

• Over 500 mineral springs – some with world class spa facilities;

Economic Factors

• Early stage of development in Bulgaria – ideal time to invest;

• Recent membership in the EU & continual strong EU funding;

• Huge tourism growth potential – 50% increase from 2000 -В 2004 (90% increase of EU visitors);

• Tourists expected to exceed 20 Million by 2010 – making Bulgaria one of the World’s greatest emerging tourism markets;

• Stable government – committed to economic reform;

• Large amounts of foreign direct investment (FDI) & establishment of large MNCs;

• Excellent property prices & growth potential compared to most other European locations;

• Considered one of the most rapidly advancing countries in Europe;

• High quality design and construction emphasis & environmental protection;

• GDP growth – expected to be highest in Eastern Europe at 6% for 2005-2006 according to the Institute of International Finance;

• The World Trade Organization predicts Bulgaria to welcome more than 20 million tourists by 2010;