Apartment On The Sea Coast For Sale - ID 58

Bulgaria Holds Huge Potential 11/07/2008
After a year and a half of European Union membership, Bulgaria is undergoing a reality check. While the country is enjoying strong economic growth, there is growing popular frustration over a wide gap with "old" Europe in standards of living and social protection. Consumer protests against fuel prices have so far been muted in Bulgaria. But planned increases in the cost of basic utilities and public transport could spark discontent on a larger scale. Yet the global credit squeeze has had only a moderate impact. Economic growth, projected at 5 per cent for 2008, remains among the highest in the European Union. The stock market has been hardest hit - although the sharp fall in prices has encouraged Bulgaria's largest companies to consider offerings on leading international stock... more

Bulgarian Ski Resorts Attract Property Investors 19/03/2008
Property investment in Bulgaria has an edge over a number of its European rivals in that with a thriving ski industry, it is able to attract uninterrupted interest throughout the year. Sofia currently offers some of the best options for investors, with house prices increasing dramatically in line with the capital city's rise to prominence in the European community. It is generally thought that EU accession will form the final piece of the jigsaw and that it will allow Sofia to compete with other European capitals as a commercial centre and tourist haven. Already offering good prospects because of high purchasing prices, Sofia has also proved popular in the buy-to-let sector with opportunities for extremely competitive rental income. With rental returns of up to 12 per cent,... more