Why invest in Bulgaria?
Real estate prices in Bulgaria have maintained a nice steady increase every year. According to the latest Eurostat data, they grew as the second fastest of all countries in the EU. According to data released for the latest 1Q 2024, they grew by up to 16% compared to the previous year (Source Eurostat 07/2024)
There are several reasons for this, the country expects to join the Eurozone soon (next year 2025). The opening of the Schengen area by air and by sea. The country is a member of the EU and NATO. Annual increase in tourism. High interest in real estate is also due to the fact that it is still extremely cheap by European standards.
Since the introduction of the European currency in 2025, it is expected that property prices could still rise at a faster pace in a few years. For this reason, now seems to be the right time to invest in buying property in Bulgaria.
[/et_pb_text]The process of buying a property in Bulgaria