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You are at:Home»Business»Features of investment in real estate in Bulgaria

Features of investment in real estate in Bulgaria

September 3, 2018

To date, one of the most popular countries in the Old World for private investment in real estate, as it is not difficult to guess, is Bulgaria. Interestingly, in recent years, Russian investors also show more and more popularity to Bulgarian real estate. According to experts, a similar trend is caused by a number of objective reasons. Easily can be called the main reasons for the popularization of Bulgarian real estate. It is necessary to note the beneficial geographical location of the country on the map of the European continent, a favorable and unique climate, the friendliness of the local people, the loyal attitude of Bulgarian legislation to foreign investors, as well as a huge real estate market and serious demand for it, and therefore the possibility of profit. For these reasons, there is nothing surprising in the fact that real estate in Bulgaria attracts investors from all over the planet, including from Russia. According to some statistics, it is in the Bulgarian real estate market that the greatest purchasing activity of Russians is now observed than in any other European country. This allows you to boldly talk about the formation in Bulgaria of the Russian-speaking community of a fairly large size, and especially in large cities, spa centers. After all, not all Russians acquire local real estate for the purpose of its resale, which is by no means called investors. The main advantages of real estate reselling in Bulgaria include active state support for foreign investment, incredibly low income taxes, as well as the absence of any restrictions on the movement of capital. This forces professional Russian investors to increase their own presence in the local real estate market.

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