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The Move Channel: EU status boosts Bulgaria

The country appears ripe for long-term property investment.

Six months on from becoming a member of the European Union, Bulgaria’s tourism industry is booming, with a massive 30% increase in tourists from EU countries visiting the country in the first half of this year, The Move Channel writes.

Dominic Pickering, Chief Operating Officer, MRI Overseas Property, commented: “Bugaria’s rise to fame as a tourist destination is no surprise considering the range of attractions and variety of activities on offer for a relatively small country.

“The Balkan and Piran mountains are only a two hour drive from the capital Sofia, providing a stunning setting for walks in the summer time and perfect piste conditions throughout the snowy months.
“The country also boasts a stunning stretch of coastline along the Black Sea, and to the north the infamous Danube provides a scenic partition with neighboring Romania.
Mr Pickering continued: “Bulgaria’s growing tourism industry underpins demand for rental properties in its ski and beach resorts. Furthermore, as visitor numbers grow, demand for properties is increasing and the country appears ripe for long-term property investment.

However, despite this growth, Bulgaria offers great value for money for buyers on a tighter budget, with properties available from as little as £30,000.”

 

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