3 Bulgarian Investment Areas

www.novinite.com, 26th July 2006

As emerging property markets go, few can rival the hype or promise of Bulgaria, three areas of which are now being heavily marketed to British buyers, the Independent wrote Wednesday.
According to the article the three major investment areas are Sofia, the ski region, chiefly the resorts of Bansko, Pamporovo and Borovets, as well as the Black Sea resorts in the north of the country.
The author Graham Norwood praises Sofia for being one of the oldest capitals on the continent with plenty of classic central-European architecture, "the beautiful buildings which predate the 20th century alongside the less appealing Communist-era designs".
The second investment area however seems to be more attractive to Britons with Bansko in particular attempting to lengthen its tourist season by installing year-round facilities in addition to the 65km of Pirin Mountain skiing.
"But while there remains general confidence that Sofia and Bansko will be good long-term bets, experts are more circumspect over Bulgaria's third investment region - the Black Sea resorts in the north of the country," the Independent commented.


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