Bulgarian capital city of Sofia has the largest investment share
Sofia, the Bulgarian capital city takes the first position in the chart of foreign investments not only according to the absolute value but also per capita. Burgas and Varna are among the leading investment cities, data of the Market Economy Institute reveal. It has been analyzing the social and the economical development of the Bulgarian regions for about two years.It is based on 58 various parameters united in 8 categories such as economy, business environment, infrastructure, education, social environment, ecology, demography and health care. The used parameters are selected thus so they can describe diverse business environment aspects or life conditions in the regions.
Two parameters in the category of economy describe exactly the investment activity in the regions. This is the size of the foreign direct investments (with accumulation) and the expenses for acquiring sustainable material stocks.
Until the end of 2011 the size of the foreign direct investments reaches the value of EUR 8953 per capita. The following attractive Bulgarian regions for foreigners are Sofia region, Burgas and Varna. It is noticeable that the difference between the capital city and the region around the capital is considerable. Sofia region has attracted by EUR 3700 less than the winner in the chart.
Sofia and the regions in the vicinity – Sofia and Pernik promise to become one of the country’ s investment center. The other ones turn out to be the coastal regions of Varna and Burgas that successfully attract a considerable flow of foreign investments as far as hotel and holiday property construction is concerned.
Buying property in Europe from the other side of the world, presents all manner of difficulties, even before one factors in the current martial law in Philippines , and Brexit ( for a UK passport ) in Europe. I had previous experience of buying in Bulgaria, and already knew a number of local agents. Kunka, I came to know about a year before I finally managed to make the return... she admitted that the extraordinary set of circumstances I faced, took more than a little understanding, since they seemed unbelievable. Nonetheless, she neither flinched, nor blinked, and with utmost patience, helped me through not only the purchase, but a whole heap of other problems. Both she and Hristov were kindness itself, and always stood ready to assist. Not only were they very capable as agents, and professional in every way, but their assistance has been extremely welcome, given the immense difficulties faced. With experience of agents here and internationally, I'm happy to offer the highest of recommendations for their professionalism , help well beyond the terms of house purchase, and for their sincerity and friendship. Andrew Davies
— Andrew Davies, UK