| Bulgarian Real Estate |
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Architecture Old Roman and Turkish bridges and merchant roads are found throughout the country. In several big and small towns there are architectural ensembles: Plovdiv, Veliko Tarnovo and Arbanasi, Bansko and Melnik are proud of their preserved traditional Bulgarian architecture. Real Estate Despite signs that the property market in same areas is approaching saturation point, residential property prices continue to rise in Bulgaria. Sofia, the Bulgarian capital, offers excellent investment potential and, according to Ernst & Young’s report for 2008, investor confidence in Bulgaria is set to continue well into 2009. Bulgaria has the lowest prices of services and real estate of any country in the EU; it also has the potential to increase until it reaches the levels of other EU countries. Bulgaria is a politically stable state, with a strong banking system that can withstand significant financial or economical setbacks. Sofia provides opportunities for high return strategic investments. According to projections of the World Travel Tourism Council, 16 million tourists will visit Bulgaria per year by 2017. Significant investments have been made for the purposes of developing the country’s infrastructure, supported by EU funds. |