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Bulgaria
HOME >> COUNTRY REPORTS >> Bulgaria
bulgaria- map
Official name Republic of Bulgaria
Capital  Sofia
Population  7,322,858
Currency  lev(BGL)
Official language   Bulgarian
GDP  $10,400

  STRENGTHS
  WEAKNESSES

2010 represents a good time for Real Estate investments in Bulgaria.

Bulgarian travel sector registers 7.8% growth.

Bulgaria is in top 10 European destinations.

Mortgages for foreigners and Bulgarian expats back on the market.

Housing prices in Bulgaria slid by 0.8% between April and June 2010.

Office rental levels in Sofia will be stabilised in 2010.

Bulgaria is a beginner in its modern economic, scientific and technical development It should learn from the experience of the advanced countries and should not repeat or repeat fewer of their mistakes.

For 10 years already there has been a financial stability in Bulgaria.

There is a favorable climate in Bulgaria as a place to live, for modern Agriculture and international tourism.

The construction is 20% down in 2010.

Lack of qualified employees.

Bulgaria will be one of the countries with the lowest GDP per capita.

Bulgarian infrastructure is underdeveloped and poorly maintained.

The labor resources are used irrationally.

Bulgaria suffers a demographic crisis.

The financial system is poorly developed, including banking and non-banking financial institutions.

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