Investing in Bulgaria
Why investing in Bulgaria?
Bulgaria is famous for its rarely beautiful, varied and rich nature.Bulgaria has a wonderful climate, beautiful rivers and isbound on the Sunny Black Sea.Bulgaria is a country proud of its rich and exciting history.Bulgaria offers many possibilities for tourism at good prices.Bulgaria provides all the conveniences of a moderncountry for life and business.Bulgaria is a NATO member and 2007 it will become a fullmember of EU.Bulgarian people are very kind, helpful and hospitable persons.
Over the last decade many multinational companies discovered real estate investment opportunities in Eastern Europe. The most successful investments to date have been in Poland, the Czech Republic and Hungary. However, it is the opinion of many International Investment Banks that these markets are almost saturated thus diminishing the returns on investments. The time is therefore right to look at an alternative - the Real Estate Investment Market of Bulgaria.A number of statements coming from EU officials make us believe that Bulgaria will become an EU member in 2007.The local market continues to develop and reached a stable stage, The residential segment has seen the strengthening of sales versus leasing, fact motivated not only by the mortgage loans input but also by the stronger purchasing power of local individuals. Supply has remained constant, while the overall quality has improved considerably. Villa compounds or small blocks of flats brought on the market dwelling units with high standard finishing, large sunny rooms and modern layout. Villas have 200 to 300 square meters of usable space, with gardens that reach 100-300 square meters, while apartments usually provide around 100-150 square meters of usable space.
The retail market has a big potential, since all the big retail chains present on the national market announced their plans of expansion in Sofia and throughout the country. Owing it to its stage of development, the Sofia retail market represents a good opportunity for chains of supermarkets/wholesalers and discount stores.As several major international companies are moving many of their back offices into relatively low cost skilled markets, Bulgaria has started to benefit from this international trend called Business Process Outsourcing.You can look at our company formation here : http://consultbg.weebly.com/company-registration.html
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