Many people buy property because they want to live abroad. Some wish to escape the stresses of Britain, others to gain further skills abroad and perhaps start a business, and others to retire or take a year or two out. It is remarkable how many foreigners arrive in Bulgaria with one-year contracts and end up staying and buying a home, and often getting married or integrating into the local community.
In 1946, with Bulgaria under Communist rule, King Simeon II was forced into exile at the age of nine. When Communism collapsed across Europe in 1989, Bulgaria became a democracy and in 2001 the former king returned and became prime minister under his own political party, ‘The Movement for King Simeon II’. He set up […]
Wise property-buyers seek to understand the story of the area they invest in. There are many good guides to Bulgarian history, some of which are listed under ‘Further Reading’, p.216. But why is history important to property-buyers?
Apart from increasing the enjoyment of a place, history can help explain why Bulgarian property is such a good investment today and help in deciding where in the country to buy.
In common with most countries, Bulgaria and the Bulgarians can only really be understood when something is known of the country’s history.The Ottoman Empire, which included southeast Europe from the 14th to the 19th centuries, inevitably created a sense of being outside Europe, which remains to this day. Like the British, the Bulgarians refer to […]
France and Spain, traditional favourites for British property-buyers, are losing out to a handful of emerging markets such as Bulgaria, Dubai and Cape Verde, a survey shows.The annual global property hotspot report recently released by currency specialists HiFX (2007) puts the shift partly down to a new spirit of adventurousness in British buyers.The emerging markets […]