Key investment facts

  • Full EU Member
  • €4.6 billion of infrastructure funding from EU
  • Infrastructure improvements also supported by World Bank
  • Projected GDP of 6.7% for 2007
  • Capital growth average of 15% per annum in many resorts
  • Low cost airlines improving accessibility
  • Huge tourism increase
  • Burgeoning golf market
  • Established and rapidly growing ski resorts
  • Country wide airport expansion
  • Great climate
  • Low ‘entry level’
  • Good rates of finance and improving mortgage market
  • 70% LTV
  • 20 million tourists by 2020 – World Tourism Board

Property in Sofia

Property in Sofia is rocketing in price due to demand for new and well specified apartments from aspiring locals and an ever increasing expat workforce. Although the old skyline of Sofia is not as pretty as many of its Eastern European counterparts it doesn't take long to realize that the pace of new development will quickly reshape this view.

As with any emerging market one must assess whether there is sufficient momentum and investment interest to overcome the issues which previously held it back, and Sofia is a classic case in point. The drive from Sofia Airport into the city centre is a stark reminder of this country's communist roots, and is evidenced by numerous drab grey buildings, many of which have fallen into disrepair.

However, we would urge potential investors to look at the economic indications which provide a strong business case for investing in property in Sofia. You will find articles on investment in Sofia within our Investment Resources.

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