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Reasons that investors prefer Bulgaria for investments and maximum profit

  • Bulgaria is politically stable with government bonds being of investment rate.
  • Bulgaria is well developed and constantly is improving summer resorts.
  • The general cost of living in Bulgaria is one of the cheapest in Europe.
  • Property prices in Bulgaria rise by 30% minimum per year and are currently the cheapest in Europe.
  • Bulgaria offers a guarantee investment opportunity with at least 150% -200% increase on your investment within 2-3 years.
  • European and major British tour operators are using Bulgaria every year especially on the black sea coast area.
  • Big investors from all Europe and Russia have already began to invest in Bulgaria a lot of money. As a result the demand of immovable property increased substantially the past few years.
  • Tenant Profiles: The vast increase of tourist interest in Bulgaria Black Sea Coast, which is rising by 30% per annum from figures given by Bulgarian Tourist Information, allows us to look to the future owners. The UK market is growing up 62% this year, the German, Scandinavian and Russian tourist industry provides very strong long-term links with the Black Sea Coast.
  • Future Prospects: Current prospects remain high but the introduction to the EU in 2007 should generate a boom in Bulgaria property prices.

More Details

  • By investing your money in land to Bulgaria through Happy Lands Ltd you automatically secure the best investment for your money and the highest possible return.
  • Happy Lands Ltd has still available to developers beach front land plots within easy reach of town and communication links, although most of them hold agricultural or forest status. It is however possible to change the designation of the land to allow development. With some arrangements and an amount of money agriculture areas may be converted to residential areas with the help always of the municipality where this areas

Climate

  • As far as weather is concerned in Bulgaria can compared with Spain and other top holiday destinations with prices less than a quarter of their Spanish Counterparts.
  • Bulgaria has over 150 days of sunshine a year with average summer temperatures of 26ºC (79ºF) AND 35ºC (95ºF).
  • Flight from U.K and Iceland take only 3 hours to reach Bulgaria and enjoy the beautiful beaches for the summer holidaymakers and the top ski resorts for winter holidaymakers. The air forces are very competitive with a view of entering the market and the number of direct flights are increasing dramatically.
  • The cost of living is still very low compared with any European country and as an example a dinner for two costs about 7 Euros (5 pounds sterling) and a pint for 0.70 Euros (end of 2006).
  • Bulgaria is a full member of NATO and from 1st of January 2007 is also full member in the E.U.
  • The market of Black Sea coastal real estate in Bulgaria has grown significantly since the beginning of year 2003. Sales prices of brand new income residential properties have increased almost twice in some areas compared to year 2002. Seafront real estate was on average 30% more expensive than water view locations. Bulgaria is still a popular holiday destination for lower income tourists, which is the main reason for higher demand for smaller and cheaper real estate.
  • Local market of residential properties in big cities along Black Sea coast has grown notably. During the last year demand was higher than supply, due on one hand to the increased supply of mortgage loans and on the other to consistent migration of workforce from inside the country to sea resorts and big coastal urban centers like Varna and Burgas where more jobs are available. In 2003 the unemployment rate for the city of Varna was 5% in accordance with the NSI of Bulgaria. As a result, the price hike of residential property was almost 24% in Varna.
  • In 2003 their prices had increased more than 30% on average compared to year 2002. Some beachfront parcels for development of leisure properties had reached EUR 35/sq.m. Compared to similar properties sold at USD 15/sq.m. in 2002. In certain areas close to leading resorts like Albena, Golden Sands, Sunny Beach and others, prices had increased more than twice for the previous year. During the first quarter of year 2004 the REMI index, reflecting real estate trends on the residential, business and land markets, has risen with 4.28 points, prodded by the rising prices at residential areas.
  • According to NSI of Bulgaria, the quarterly real estate prices growth rate is 12.5%. Yet, Sofia is the most expensive real estate market with 2.8% increase followed by the towns of Varna (23.7%), and Burgas (16.8%).
    Since 2002 Bulgaria property figures show a growth of 50% per annum effectively doubling a property's value in two years. Conservatively projected figures for the year 2004 suggest average rises of 23% with "well located" property in Bulgaria to far exceed this figure.
  • Potential risks can be minimized with selecting the correct real estate agent to represent you in your purchase. The legal system can be a problem if proper legal advice is not taken before any potential purchase. Happy Lands Ltd. only use only top lawyers to assure your absolute comfort in the legal procedure.