Tips for Bulgaria Buying Property

Bulgaria has had its fair share of both good and bad press over the past couple of years, but it is still an area which has proven very popular with Irish property investors. The obvious lure here is price, but the Irish have, in recent times, been acknowledged across Europe as property investors with an eye for an asset that will show good appreciation. Bulgaria is a politically stable country, and the introduction of a currency board in 1997 stabilized the country’s economy. However, as is the case elsewhere in Central and Eastern Europe, legislation, including that governing real estate, is volatile and subject to frequent change. A foreign investor can invest in properties in Bulgaria either directly or through …