The French real estate market can present disappointing prospects for investors. In addition, real estate prices in large cities do not always allow for investment. Bulgaria offers great opportunities and Bulgarimmo specialists have created turnkey services to facilitate and secure your investment.
Bulgaria is a little-known real estate market that offers great opportunities
A member of the European Union since 2007 and the planned Eurozone from 2024, Bulgaria is a little-known destination for investors. However, the capital, Sofia, is enjoying strong economic growth, and its dynamic real estate market offers real prospects. Bulgarimo also offers unique investment solutions that allow real estate capital gains of +20% on resale and offer Internal Rates of Return (IRR) of +15% per annum. The low cost of real estate makes this investment affordable for youngsters or first time buyers with an envelope of €60,000 for a studio.
Bulgaria: favorable taxation and legislative framework for investors
Bulgarian taxes are one of the most favorable in Europe for anyone who wants to invest in real estate. In fact the tax is only 10% (flat tax), low property tax for example around 80€/year for T2 in Sofia and no housing tax. In addition, there is no capital gains tax after three years of ownership of the property. Bulgarimmo supports you step by step in your real estate investment in Bulgaria, within a safe legal framework and within the community.
Bulgarimmo, a single point of contact specializing in real estate in Bulgaria
With over 15 years of experience, Bulgarimo has experienced 30% annual growth over the past 5 years. This success can be explained by the comprehensive services provided to its clients, such as selecting high-yield properties, business, rental management and dealing with legal and tax aspects. All these services are fully managed by Bulgarimo, without subcontracting, which makes it possible to guarantee deadlines, costs and quality of services. To provide more opportunities, Bulgarimo has created an “Investor’s Club” that gives its customers access to exclusive offers. Always with the aim of maximizing returns, Bulgarimo has created additional services: Company Set-up, Expatriates, Property Transactions. Also, Bulgarimmo is your privileged interlocutor offering you complete investment solutions to invest in the Bulgarian real estate market with complete peace of mind.
