Property in Bulgaria is the fastest growing asset in our country. Last year the property prices in Bulgaria have gone up with more than 25 % in general. Some real estates have gone up with 50 % for one year, especially the ones in Sofia, in the Black Sea beach resorts (Sunny Beach) and in the ski resorts (Borovets, Bansko). The improved economic conditions, political and social stability in Bulgaria over the last 3 years brought to a real boom of the prices of property in Bulgaria. Other important factor for the rising property market is the huge tourism potential in our country. There are great natural attractions - high mountains, beautiful and clean Black Sea coast, preserved rural areas, minimum urbanisation, thousands years of history, etc. Nowadays Bulgaria is considered as the fastest growing tourism market in Europe. This is something that foreign buyers of property in Bulgaria appreciate the most. Together with the constantly rising prices, buying property in Bulgaria is one of the best investments that one can make these days.

There are still restrictions on foreigners buying properties with land, which includes anything with a garden. The way round this is to set up a company, which can be arranged by agents such as ourselves. Such restrictions will to be removed as part of Bulgaria preparation for joining the EU in 2007. Of course there is some opposition caused by fears that foreign buyers will snap up agricultural land and properties.