Bulgaria booming place for property investment

[joseph]

The price of land in Bulgaria has drastically increased because of the oncoming accession of the country into the European Union. The number of deals with farmland has increased by twenty percent. The Bulgarians are hurriedly buying real estates in the hope of selling them at a profit after the EU accession.

Investing in land has also become the priority target of several investment funds. In 2005, the concluded deals with farmland totaled 66,345; 59,434.9 ha of farmland changed their owners last year.
"The demand for land in Bulgaria far exceeds the supply," reads an analysis of the market, made public by Svetla Bachvarova, Deputy Minister of Agriculture and Forestry.
So, if you are thinking of investment then Bulgaria is one of the prospective countries.
thanks
joseph