New Property Opportunities in Bulgaria

One of the property market areas, which has been lagging behind in the Bulgarian property boom from the last 5 years is the business and industrial park development. The lack of modern production and storage real estate has become obvious during the last 12 months when most sectors of industry in Bulgaria have registered capital and exporting growth in the double digits (up to 35%).

This trend is continuing in 2008 due to the increased activity of the Bulgarian businesses, as well as because of the increased number of foreign companies who find investing in Bulgaria more and more attractive due to a number of factors.

The reality at the moment is, that companies have to build up their own facilities due to the lack of supply of modern, up-to-date business developments. Apart from the shortage of modern production facilities and business parks, this market segment seems to be one of the most profitable and companies find this capital investment an attractive option, considering their long-terms investment goals. Such industrial areas have been developed near Plovdiv, Sofia, Gabrovo, Sevlievo, Pazardzik and Stara Zagora.

There is an increased interest from investors for similar developments near Ruse, Silistra and Lom, along the Danube river, because of the good infrastructure, the opportunity for cheap transportation along the river and the border with Romania, which gives an easy access to another, bigger market.

If you are interested in finding out more about the options offered by this property market segment, please contact Nova Bulgarian Properties to discuss the opportunities in investing in industrial and business development in Bulgaria.

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