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How to Get a Brand New Seaside City
By Penka Atanasova
November/December 2007
Bulgaria is a small Eastern European country with a population of only seven and a half million people, and recently was welcomed into the European Union. Since 1997 the country has been on the path to economic recovery following several years of economic decline; but despite that local salaries remain small and commensurately, properties are cheap compared to the rest of the Union.

After the initial influx of foreign buyers, looking for a bargain, or even a second holiday home, the Real Estate market has been taken over by big investors hoping to make much more than a quick buck.

Harmonization with the rest of Europe has also led to a simplification of the property buying process, this Bulgaria has increasingly become a magnet for foreign buyers.

Investors have done their homework well, and the big development, gated-community ethos is the latest craze in this small, but beautifully unspoilt country.

 

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If living in a Tax Haven in Europe appeals to you then you should consider a place that has all the normal tax haven benefits without the high living costs. 
A place that is accessible within 3 hours by car of major cities in France and Spain. A location where all the modern amenities for a comfortable life exist and where there are over 300 days of sunshine a year. 
Welcome to the heart of Europe!  Relocation guide to Poland will take you to where you can still enjoy a low cost of living and where you can make a start on your goal of living in Europe. 
Poland is a beautiful country with a thousand-year history, and also has one of the fastest growing economies in Europe. 
Poland can offer you a quality of living equal to EU standards and it is also one of the top places for investing in property.If you’ve considered making a move to Europe, you’ll definitely want to look closer at relocation in Poland.  Using this guide you can successfully join the many foreigners who are coming to Europe by way of this open and prospering country situated in its heart.  
Now you can get a ski or sea property at a bargain price just 2-3 hours flight away from home. Vacation and residential complexes the size of small cities have burgeoned providing everything needed for the West European lifestyle – safety (gated developments with controlled access), comfort (most of them offer maintenance and management of the complex), recreation (fitness, gym, spa, sport playgrounds, swimming pools are a must – and some even go beyond that offering minigolf and tennis courts), entertainment (kids have their own children playgrounds and in some of the better complexes there are nursery schools, internet, cable TV and indoor amusements), foods and drink (restaurants, bars, cafeterias) and various shops.  The whole infrastructure is new - the streets, alleys, sewage and electrical systems,  internet connection etc. and designed especially for that particular settlement – thus the infrastructure’s life starts with the opening of the complex – no past history of wearing out, no need of extra powers.  They are the size of cities and to all intents and purposes 
Which is the best location for such a new-built city?
Nobody can tell so far – there are a couple of huge complexes at the seaside – in the suburbs of main resorts, there are some in the ski-resorts (smaller than those at the seaside) and some in Sofia (the capital). They all attract buyer’s interest so it will take time to choose the “Best Location Winner” among them.

The cost
The cost is not higher than usual new built complexes. A usual complex needs investment just for the building and a new city needs investment for the buildings plus the infrastructure – so if they are at the same price where is the catch? The catch is in the quantity – in a brand new city developers sell much more than they do in a usual complex, so they get a greater profit and can afford a bigger investment in a way that it doesn’t reflect the buyer’s price.

The changing landscape
So far these new complexes –small or much bigger are getting more and more on Bulgaria’s map. Some macroeconomists believe that Bulgaria is the next Spain in vacation property sales. True or false – time will show.

For more details on Bulgarian property visit: www.moradabg.com
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