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Bulgaria’s infrastructure in for a structure

Monday, Nov 23, 2009

Real estate in Bulgaria is set for an increase in value & investment next year according to some experts and a recently announced logistics park costing over 12 million euros is set for the riverside town of Rousse.

The investment has come from Bulgarian Property Developments who have already started construction on the park which will include office buildings & an administrative centre and is hoped to breathe new life into the region.

This is just one of a number of signs that Bulgaria’s infrastructure is continuing to take formidable strides as the company runs against its Euro neighbours to attract investment.

German discount retail chains, Penny Market, & Plus have also announced the opening of new stores across the country, with property in Sofia, Veliko Turnovo, & Rousse to name a few. All in all they each hope to have 50 stores countrywide by the end of 2010.

The reality of an improving, modern country dispels the impression of a dark suppressed corner of the former eastern block, and interest in investment property in Bulgaria is bound to increase as a result.

Source: Propertyworld.com