With articles such as “40,000 UK citizens own property in Bulgaria”, “Greek company to invest nearly 100 million euro in tourism complex near Bulgaria’s Samokov” or “168 million invested in mall construction in Bulgaria’s capital” (Sofia Echo, August 2007), it is not surprising that so many investors are turning to look in the direction of this small country.
Of course, not everything is good news, I have just read in today’s newspaper that some of the most active criminal bands in Spain are Bulgarian, but definitely things are changing.
I visited Bulgaria for the first time four years ago, the impression I brought back was that Bulgaria was a country in great need of renovation. Big chunks of cement were falling off the buildings, the gardens are parks were not being looked after and the poverty was obvious as you walked the streets.
Since then the situation is changing fast. People are happy to have joined the European Union and are really motivated to give their country the push it needs in terms of tourism and real estate.
Big international companies are setting offices in the country and Bulgaria is slowly but surely establishing as a great alternative to countries such us Spain and France, where property prices are prohibitive.
Which is focused on the European markets (mainly English
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