Bulgaria is situated in south eastern Europe, in the eastern part of the Balkan peninsula. Its neighbouring countries are Romania (north), Former Republic of Yugoslavia (west), Former Yugoslav Republic of Macedonia (south west), Greece (south) and Turkey (south east). The border is Black Sea and enables direct sea links with the Russian Federation, Ukraine, Georgia and through Turkey with the rest of the world by sea . Bulgaria's location gives it strategic control as a cross routes from Europe to the Middle East and Asia.
Its total area is 110 910 sq km, with 1 808 km of land boundaries, and 354 km of coastline. The terrain comprise of mountains, with lowlands in the north and southeast, and the climate is temporate, with cold, damp winters and hot, dry summers.
Bulgaria owns an old and rich history. Many of the world's greatest cultures have inhabited this beautiful country, leaving behind a veritable treasure trove of untold historical riches.
Its picturesque scenery is breathtaking all year round. From the stunning beaches and waters of the world famous Black Sea to the rolling mountains that are home to world class skiing resorts, Bulgaria has everything for everyone.
The Black Sea Coast is a major tourist destination and property prices are increasing rapidly with many investors entering the market because of its high growth potential.
What makes Bulgaria currently the top country for property investment?
Bulgaria is a country that not only has weather comparable to Spain and other top holiday destinations, but also property prices that are less than a quarter of their Spanish counterparts.
Over 150 days of sunshine a year, with average summer temperatures of 26º C (79º F) and occasionally climbing to a sizzling 35º C (95º F).
Beautiful Blue flag beaches for the summer holidaymakers and top ski resorts for winter holidaymakers only a few hours away.
Flights are only two and a half to three hours from the UK or Ireland. Low-cost airlines are entering the market and the number of direct flights is increasing.
Bulgaria is fastest growing holiday destination in the world. Major tour operators such as Thompson and first choice have recently added Bulgaria to their brochures and site it as one of their top sellers.
The cost of living is significantly lower than other European countries, with a dinner for two costing about 5 GBP and a pint for 50 p.
Bulgaria is a full member of NATO and is due to join the EU in 2007.
The currency is Bulgarian Lev is pegged to the Euro, making it stable and less volatile. Most property can be bought and sold in Euros, GBP or Lev as well Bulgaria is politically stable, with government bonds being of investment grade.
Land prices are flying, with the average 25 % up per year.
In the last two years property prices have risen by over 50% in some regions and is expected to grow at the same rate as has seen with the recent boom in the Spanish market.
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