Demand
International tourism is driving the market with strong interest from Germany, Scandinavia, Holland, Ireland and the UK.

Strong capital growth potential
Property entry levels in Bulgaria are well below EU prices.

Tourism
In 2006, Bulgaria was visited by more than five million tourists, a 10% increase on the previous year.

Easy access
Bulgaria is only 3 ½ hours from Dublin, 2 ½ hours from London, 1 ½ hours from Germany.

Airports
€500M airport upgrade due to be invested in the coastal airports, many low cost airlines are expected including Ryanair.

Currency
No shocks - Bulgarian currency (Leva) pegged to Euro since 1997.

Politically stable
Bulgaria is a Parliamentary Democracy, full member of the European Union and NATO.

Cultures
Bulgaria is a model of ethnic tolerance in the Balkans; it is a predominantly Christian country.

Mortgage finance
Equity release options are available and increased competition between European commercial banks is driving local interest rates down.

Taxation
Investor friendly – 20% CGT / Inheritance Tax – Irish will suffices. A double taxation treaty exists with Ireland.

Bulgaria and Europe
Bulgaria is currently receiving the largest ever EU investment package per capita in history.

Baltic Tiger
Bulgarians are very well educated, and there are many young and vibrant new companies.

Bulgaria in Facts and Figures:

  1.   A full NATO member; joined the EU on January 1, 2007.
  2.   Great value for money; low-cost accommodation and socialising.
  3.   Good accessibility; convenient transport links and direct flights.
  4.   Politically stable country, harmonizing with  EU requirements.
  5.   Superb weather conditions, marked by four distinct seasons.
  6.   Functional market economy and macroeconomic stability.
  7.   Quality of human capital; education level among Europe’s top.
  8.   12 million tourists will visit Bulgaria in 2020 as per the WTO forecasts.
  9.   Corporate tax reduced to 10% in 2007, one of the lowest in Europe.
  10.   Attracted EUR 4.015 billion foreign direct investment (FDI) in 2006.
  11.   5.3% GDP growth over the last six years (EU Averages 0.4%).
  12.   Strong capital appreciation forecasted over the coming years