Bulgarian Property Market Booms Again 2007

Good news again for Bulgarian Property Investors as the Bulgarian property market was the worlds strongest in 2007, with an estimated turnover of 11.36 billion it has exceeded all expectations and has seen an increase of over 2.36 billion Euros over 2006 figures.

It is predicted that the Bulgarian Construction Boom will continue to grow at 12% - 16% year on year until 2010.

We have seen prices rise dramatically over the last few months and this is set to continue due to the good mortgage market, high revenue of properties and the weak impact of the global credit crunch on Bulgaria.

Britain and Russia played an important part in maintaining these excellent market conditions with high investment in Bulgaria.

UK investors accounted for 40% of all Bulgarian Investments in 2007 and Russia accounted for another 38% of all investments in the Bulgarian Market.

As predicted previous property investors in the Bulgarian Property market will indeed benefit from these conditions but on the other hand those looking to invest in the future will pay slightly higher prices for Bulgarian Property, but all and all, the outlook is very favourable as prices still remain the cheapest in Europe.

An additional benefit to property investors in Bulgaria is the reduction to 10% flat rate of tax making Bulgarian one of the most tax efficient countries to relocate or invest in to.

Another benefit for this year is the introduction of more Budget Airlines increasing their flight frequency to Bulgaria which will make travelling to Bulgaria much more cost effective.

Once again the outlook is very positive for the Bulgarian Property Investor.

You can contact us at www.bis-perth.co.uk

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Golden Sands Zlanti Pyasatsi

Black Gold

My eldest daughter has just started her first full time job in a local Travel Agents and is amazed at the popularity of Bulgaria; obviously she hears me rambling on about Bulgaria all the time but now she has it confirmed just how popular it is.

Everyday she comes home with tales to tell of clients who are returning visitors or prospective visitors who want to experience that Bulgarian Magic which makes this country so special.

Now bearing in mind she has visited Bulgaria many times I had to laugh when she asked did “Golden Sands get its name because of the beach?”

“Yes” I replied “but many people think that the name Golden Sands was made up by tour operators and developers to lure tourists and investors to the Black Sea Coast, but this could not be further from the truth, the Bulgarian name Zlanti Pyasatsi means Golden Sands in English and has been named this for many centuries.”

“Well that settles the argument then” she replied “because one of my colleagues firmly believes that this is a recent name given to do just that lure the tourists” and I said, she confirmed “well it can’t be as my mum has been visiting Bulgaria for years and she is ancient so it won’t be recent!”

“Oh thanks sweetheart was all I could muster!”

I then proceeded to tell her of all the benefits of Bulgaria that she could tell her clients about, like the local food, the people, the weather and activities on offer and her reply was “yes mum I have been there before you know!”

Speechless!!!

We have on offer some fantastic bargains to Bulgaria at the moment for those who are going over to view properties or are just looking for a well earned break.

Flights from just £119.00 PP and if you are looking to take in some lovely sites of the ancient town of Veliko Tarnovo what about a 5* cottage that sleeps 6 with all modern facilities and beautiful views of the Yantra River for only £270 Per Week.

Client Reviews of Property

"Nestled in a quiet, cobbled street overlooking the river Yantra, this property is both comfortable and welcoming. The views from the balcony are to die for whilst the property itself has been tastefully renovated to include all modern conveniences. The local key holder was extremely polite, friendly and helpful at all times (even on a Sunday!) and the area has shops, ruins, castles, museums and churches to explore. Overall this is a great place to rent. Treat yourself!"

Or what about a Beautiful Rustic Mountain Villa in an outstanding location with beautiful scenery situated in Troyan where you can visit many sites and participate in a vast range of activities with prices from £196 Per Week

Client Reviews of Property

"We have just returned from our stay at villa Donna in Troyan Bulgaria, the villa and its location was outstanding, if you are looking for a relaxing holiday with lots of nature around this is the place for you. The owners arranged for us to be picked up from the airport and also arranged car hire for us"


Try and beat that darling daughter, not to bad for an oldie!!!!!

Bargain Holidays from Bis-Perth

Bulgarian Flights from £17.50pp

The Black Sea Coastal airport of Bourgas has revealed they are now serving 28,000 passengers per day. Most of the passengers arrive from the UK, Sweden and Germany. Due to the increase, Bourgas Airport has officially opened a new departure terminal which is part of the investment programme of concessionaire Fraport Twin Star Airport Management. This is good news for visitors travelling to Bulgaria as this increase has had a positive effect on flight prices, currently you can travel to Bourgas for as little as £17.50. P.P.

Contact info@bis-perth.co.uk for further details or telephone 01738800346
Visit www.bis-perth.co.uk for flight details.