Bulgarian Properties Deemed Top Investment in Ukraine

Ukrainian business edition UBR advises local investors of good opportunities in Bulgaria, but still warns them of mass construction at the top Bulgarian summer resorts. File photo

The Bulgarian real estate market is booming and is one of the most attractive investment opportunities, according to the Ukrainian business edition UBR.

The site informs that expectations property prices in Bulgaria would skyrocket after the country's EU accession failed to materialize and these prices remain the lowest in the Union over the economic crisis.

A nice apartment in Bulgaria can be now purchased for EUR 40 000 while a vacation home is about EUR 70 000, the publication points out, warning, however, there is mass construction at the top Bulgarian summer resorts, boasting the best beaches.

In addition, UBR lists land prices in Bulgaria from EUR 30 to 120 per square meter, depending on location.

Another noted advantage for potential investors is the opportunity to receive multiple-entry, one-year visa after becoming property owner in Bulgaria.

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