UK Real Estate brokers have noted that Bulgaria's history of communism, combined with the slow start to the market economy in the 1990s meant that property prices in Bulgaria were significantly below realistic values. It was partly these extremely low prices combined with Bulgaria’s EU entrant status that stimulated the demand for investment property in Bulgaria.

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Bulgaria has miles of beautiful coastline, clean beaches and excellent skiing in the mountains.

Propertyy Investors have primarily been drawn to the coast and more recently the mountains, betting on Bulgaria as a new holiday hotspot.

The profit opportunity on the Bulgarian coast is from holiday lets, but Bulgaria is not new Spain. Tourism is certainly growing, but coastal climate allows only 4 month holiday season. So, the landlords need to command very high prices during the short season.

Good properties are found away from the traditional hubs of Sunny Beach and Golden Sands. A standard apartment in an apartment block will be up against thousands of similar offering.

The better opportunities exist in the Bulgarian Ski Resorts. These resorts are slightly newer to investors and the prices are still low.

The real estate and property markets fundamentals are stronger in the Bulgarian Ski Resorts.

Real estate brokers and property investors should note that whilst the coast doesn’t boast a climate anything close to the Mediterranean, the mountains are at least comparable to the alpine skiing of France and Italy. (See datails and Bulgarian property offers here)

The letting season is also year round as the mountains offer a range of summer activities from hiking to golf.

For potential landlords this means fewer void periods and the opportunity to generate a better yield in the Bulgarian Ski Resorts.