For the past years Bulgaria has marked an economic growth of over 4% a year. In 2004 only, two billion euros were invested here by foreigners. In 2004, the incomes from tourism went up to 1.6 billion euros, thus marking an increase of 20% in comparison to the year before.
Bulgaria is now member of the Europian Union as of January 1st 2007. The Europian Union has earmarket over 8 billion euros for investment in Bulgaria in 2007. Bulgaria had the highest GDP ( capital growth) in Europe in 2006. In general recent serveys Bulgaria was voted in the top 5 hot spot for property investment in 2007.
The Bulgarian Black Sea coast resorts are strongly preferred because of the excellent climatic conditions. The influence of the sea is felt well over a 50 km.-wide strip of land. The summer here is not too hot, and there are precipitations mostly in winter. Spring is quite short in these regions, but autumn is long and mild.