Buying Property in Bulgaria

Real estate property in Bulgaria is considered to have very good future prospects in terms of investment in the country. Excellent climate coupled with the amiable local environment have catapulted Bulgaria onto the real estate map in a big way. Consequently property costs have also been on the rise for the last ten to fifteen years.

Potential homebuyers are seeing many developments in the international real estate market, not only in Bulgaria, but also for property in Cyprus, property in Turkey and property in Spain. Hence these avenues should be explored too.

If you want to benefit from the booming real estate market in Bulgaria you should take the advice of experts who are adept in guiding you, regarding any kind of property investments.

There are apartments and luxury villas in Bulgaria, both in the countryside and at the seaside. There are also apartments and buildings located near the hillsides, most of them having private terraces, providing a great view to start the day each morning. Natural beauty is not only the only benefit of a property in Bulgaria- there are all the up-to-the-minute facilities such airports, restaurants, shopping centres, etc.

Real estate property in Bulgaria is ideal for investment, not only due to the location but also due to its appearance and style. There are ample apartments whose style and interiors reflect the culture and tradition of the place and region. Built to high standards with excellent finishing properties in Bulgaria are equipped with all kinds of luxurious facilities that most investors would look for in a property. The facilities here include, swimming pool, spa, restaurants, clubs, ice rinks, sports facilities and shopping.

There are different options for investing in a property in Bulgaria. There are unique rental facilities whereby rentals can be guaranteed for a number of years. Regarding income and capital tax there are provisions to make investment more attractive, such as deferment.

Additionally there are mortgage facilities are available where the percentage rate depends on the financial status of the investor. There are exchange offers where just a minimum percentage is charged, that may vary from 25 to 30%. Pricing usually includes value added tax- in fact it also frequently includes furniture.