There is no doubt that the entry of Bulgaria into the E.U in 2007, boosted the growth potential of real estate sales in the country and increased prices dramatically, yet still kept prices below most other European countries.

According to 2007 Price Indices, property price increases of 14% were recorded in 2006 against 30.6% in September 2007.

In the areas where Best of Bulgaria is focused and builds, property prices, even conservatively are increasing between 25% to 30% per annum, and with the present strengthening of the Euro, means a property purchase in Bulgaria not only gains from the appreciation of property prices, but from the stability and growth of the Euro.

An even greater demand is predicted when Bulgaria adopts the Euro in 2011, on the back of already increased exposure of the country to foreign nationals from annual increases in tourism traffic and E.U subsidies being used to substantially improve the country infrastructure.

All these issues now give Investors in Bulgarian property a ‘window of opportunity' to good value purchase prices coupled with excellent growth forecasts.

Although property trading is done in the Euro currency, the Bulgarian currency is the Leva (1LV = approx 2 Euros).

In comparison to other E.U. countries day to day expenses are approaching 50% less than other members, being able to dine well in a good class restaurant for 10 Lv per head.

Economic and social progress plus constant improvement in living and working conditions are fundamental objectives for the European Union. Experience over the last five decades shows clearly that economic integration(removing barriers to the free movement of goods, services, money and people) give Europe a much better chance of creating jobs and sustain growth.

Much has already been achieved: the customs union, then the single market, and most recently, economic and monetary union EMU.
EMU and the Euro were stepping stones not destinations, and there is plenty of unfinished business.

The EU needs to remove the remaining barriers that still confine research, public purchasing and the provision of financial services within national borders.

Fostering the entrepreneurial spirit, innovation and an e-Europe will make a still stronger economy that can create jobs and protect social welfare systems to the immediate benefit of Bulgaria..