WHY
BULGARIA
Just
a few of the factors that make a holiday home investment
in Bulgaria attractive:
EU
entry expected in 2007.
No wide currency fluctuations.
Fixed
exchange rate of the lev against the euro.
Stable government.
Bulgaria has averaged 4,9% growth since 2000 and has begun
to attract significant amounts of foreign direct investment.
Real
growth rate 2004: 5.3%
The average summer temperature (April - September) is 23 °C.
28° during July - September.
90% Christian Orthodox.
No
religious fanaticism.
Much of the Black sea coast is covered by long beaches with
fine white sand. The sea itself is non-tidal, less salty and
warmer than the Mediterranean.
The
tourism sector has flourished in recent years and holds a
firm lead in the Bulgarian economy.
NATO membership achieved in 2004
Bulgaria voted No. 4 tourist destination worldwide by The Washington
Post
22% average annual growth of tourist arrivals for 2002 - 2004
43% year-on-year increase in British tourists for 2003
Booming real estate sector: 25% price growth in the last 12
months