Top Ten Reasons to Buy Land in Bulgaria

1. Political and Economic Stability. The economic environment in the country improved significantly in past five years and is one of Europe's fastest growing economies, with a 5.9% Real G.D.P. growth rate in 2006. The currency is stable and linked to the Euro and with one of the lowest corporate rates in Europe, inflation is lower, incomes are rising constantly, predictability has improved. There is an established and fast growing tourist industry. Furthermore the country has a very competitive and highly skilled labour force when compared to the rest of Europe.

2. Lower Cost of Living. For example, you will pay over 50% less on your everyday expenses than you would in the UK. An average meal is £5, beer 50p, espresso 15p.

3. Climate. The temperatures vary from 21˚C in May to 20˚C in October with highs of 28˚C to 36˚C in July and August. The sea temperature is warmer than the Mediterranean with crystal clear waters and fine sandy beaches.

4. Easy Access. Just over 3 hours flight away from most UK airports.

5. Tax Incentives. Bulgaria offers tax incentives for investing in depressed regions. Based on the amount of your investment, your project will fall into one of a number of categories. These categories are entitled to different forms of aid and assistance. Bulgaria currently imposes a mere 15% corporate profit tax.

6. Development of the Real Estate Market. The construction industry in the country employs a significant number of people, adds value to economy. The banking industry is more than ever involved in the real estate sector by facilitating mortgage credits to individuals and companies by offering more flexible conditions, lower interest rates and longer terms. Rapid real estate market development attracted huge foreign investments in the country, and legislation has been passed that facilitated secondary mortgage market and real-estate related.

7. Property Demand. Not only is increasing population creating an increasing demand for more housing in Bulgaria, but the booming investment market is calling for more and more land to be developed to meet the expanding requirements for buy to let properties and commercial buildings for thriving businesses. The Bulgarian Embassy in London, for example, receives an overwhelming number of calls daily from investors searching for information on how to buy property, and the number of long-term visas it has issued has increased by 100% over the last year.

8. Low Prices. Bulgaria has one of the lowest property prices in Europe. For example, Spain resort areas - €3,000/€3,500 per sq m unfurnished; in Bulgaria our offer is between €1,100 per sq m and €1,325 per sq m fully furnished and totally inclusive of all charges. In comparison to prices in other sought after locations, Bulgaria is considerably cheaper and are set to increase.

9. Exchange Rate. The Bulgarian currency the LEV was linked to the Deutschmark in 1998 and thereafter it was secured against the Euro in 2001, with the result that there are only very minimal fluctuations in the value of the currency against the Euro.

10. Member of EU and Nato. Bulgaria joined the EU on 1st January 2007 and Nato on 29th March 2004.