Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

Bulgaria Property - The new Spanish Costas for Britons - imoti.net

And while this has been happening, British investors, property speculators and those just wanting a holiday home have been buying up houses. As the countries take on the rights and obligations of EU membership, it is expected to boost the number of Britons. Bulgaria and Romania have "gone through a remarkable transformation", said European Commission President Jose Manuel Barroso announcing their EU accession. For Britons, among the many areas of life which will undoubtedly be changed by this, is the property market. It means that some of the laws here will be the same as home and there's a lot of comfort in that." She said her magazine received an average 70 new requests per month but on the day of Bulgaria's EU approval it was around that in one day. It was a risk before, but not now." However, she said living in Bulgaria had not been without problems. It's the quality of life." She said many of those who had bought there had "taken a risk hoping for extremely high returns" on their investment. Mrs Goodall said many of the magazine's readers lived in Ireland. Mrs Goodall said: "It means security. She believes the numerous reasons why Britons will seek a second home in Bulgaria include high UK property prices and worries over affording retirement. The chief executive of the Association of International Property Professionals (AIPP), said of Bulgaria: "A lot of people have already brought there. The two countries, which were the poorest of the former Soviet satellite states of Central and Eastern Europe, made changes such as tackling organised crime and corruption, and introducing farming reforms. They moved to Bulgaria's capital, Sofia, with their dog Peluche in 2004. Thousands of Britons have already bought homes in these countries - but will many more now join them?