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04/04/08 | Bulgaria recommended to investors
Property investors from the UK have been advised to consider purchasing a residence in Bulgaria.According to Balkan Holdings, the eastern European country...Read more
26/03/08 | First-time buyers consider foreign investment
Investing in foreign property is becoming an increasingly popular option for cash-strapped first-time buyers (FTBs) in Britain.According to a study by...Read more
17/03/08 | Investors urged to consider eastern Europe
Eastern Europe still presents a variety of possible investment opportunities, according to an expert.Neil Lewis, founder of advice group Property Secrets,...Read more
10/03/08 | Bulgaria has reduced cost of living
Bulgaria has been identified as one of the cheapest countries in the whole of Europe.A study by Teletext Holidays revealed that the average price of a...Read more
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Sofia

One of the oldest capital cities in Europe, Sofia is also one the most beautiful, with stunning architecture and a uniquely endearing character.


Sofia

EU accession in 2007 has brought huge benefits to Sofia, not least in the world of business. Many firms have been encouraged to invest in this historic capital and commercial property has been booming accordingly.

Sofia, in many ways, has become the latest addition to a throng of European city break destinations, headed by Prague, Vienna, Rome, Barcelona and Paris.

Like all of these cities, Sofia boasts dozens of museums, galleries and historic buildings and it is also home to numerous trendy bars and clubs, reflecting its transformation in recent years.

Rental yields in Bulgaria are soaring and the letting industry has been extremely strong for a number of years. As Sofia's reputation continues to grow, this is likely to improve still further, as more and more holidaymakers see the city as a viable alternative to some of Europe's established alternatives.

Accession to the EU has also added impetus to already-rising house prices and many investors have gambled on massive increases in the years ahead.

According to research from Mercer, Sofia is currently the cheapest city in Europe, in terms of the general price of food, clothing and entertainment. While the city's popularity will inevitably push prices upwards, this affordability remains a valuable part of its appeal.


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