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A new website was launched to help international investors make an informed decision when investing in Bulgaria. International investors are buying holiday apartments on Bulgaria’s Black Sea coast or at a ski resort for half the price of a similar property in other parts of Europe.

Bulgaria joined the European Union last year and property developments and foreign investment increased dramatically. Interest among International developers who are planning to invest in this country is also increasing. For this reason http://www.bulgariapropertynews.com has been set up to provide free and updated news on new developments and potential investment opportunities in Bulgaria. Potential investors can now easily decide if it is feasible to invest in this country.

Bansko is the most sought after area at the moment, a new luxury development in this area consisting of studio apartments to 3 Bedroom apartments, with sizes ranging from 30m˛ to 125m˛ including a basement and Underground car park is seeing price requests starting from only €30,000.

Vitosha Boulevard in the Bulgarian capital has been ranked among the world’s top shopping destinations and ranked higher than shopping sites in Canada, Brazil, Finland, Sweden and Belgium. Sofia will soon have a run for extreme skiing and snowboarding and at present there are golf course developments in Elin Pelin, near the capital which is attracting lots of foreign investments.

Business opportunities in Bulgaria are endless, real estate and land prices are extremely low when compared with Western European and most Eastern European states and the harmonisation of Bulgarian legislation with that of the European Union means that the actual process of a real estate transaction in Bulgaria is similiar to the procedure that exists in other countries. 2007 has been a great year for Bulgaria’s property market and 2008 is expected to be ripe with opportunities. Property development and investment in Bulgaria is still gaining momentum.

As the demand for Bulgarian property rises, estate agents advice international property investors to spread their options but is it better to put all the eggs in one basket in this case? The online Bulgarian property market special for international investors can be found at http://www.bulgariapropertynews.com



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