Agricultural land 1 km away from village - ID 3317

Bulgaria The Thirdmost Attractive Fdi Destination In See E Amp;y 26/04/2008
Bulgaria is the third most-attractive destination for foreign investments in Southeastern Europe after Turkey and Romania, according to the Southeast Europe Attractiveness Survey 2008, compiled by the independent market researcher CSA at the request of Ernst & Young and released on April 24. The survey draws on the answers of more than 200 top executives investing worldwide and their appraisal of criteria such as telecommunications infrastructure, quality of life, access to financial investors, transport and logistics infrastructure and social climate. More than 68 per cent of respondents believe Bulgaria’s attractiveness to foreign investors would improve, E&Y said in a news release. Respondents also identified some challenges facing Bulgaria. These included the transition toward... more

Bulgaria Has Been A Disaster For Investors Romanian Property Agents 12/03/2008
In the past 30 years, Britons “have transferred their failed colonial spirit into the purchase of holiday cottages in foreign countries,” forming expat communities in Spain, Italy  France and the sunny beaches of Bulgaria. Still, David Cosgrave, representative of Romanian real estate company Off-Plan, said that “Bulgaria is over.” The country had been “a disaster for investors in the UK and Irish markets,” he said, as quoted by the Romanian magazine The Diplomat. Property prices in Bulgaria “have not grown and rental yields are low.” Winter resorts in the country have very short season and a number of apartments remain empty. “We believe agents have massively oversold Bulgaria,” Cosgrave said. Romania, on the other hand, was attractive to property investors, because demand... more