WHY BULGARIA
In the last 10 years or so, Bulgaria has become very attractive for foreigners looking to buy a second home or move in to another country. Rich nature – mountains, seaside, old small villages carrying the spirit and the history of old Bulgaria, stable economics, and very affordable cost of living are some of the reasons leading to the increasing popularity of Bulgaria. This page is dedicated to provide some insight into what living in Bulgaria is like.
LOW COST OF LIVING
It is no secret that Bulgaria is popular in the international real estate market as a country offering very affordable properties. You can buy a rural house in a quite, charming village for less than € 10 000. It is equally important to mention that not only the properties price, but the cost of living in Bulgaria is considerably lower than in countries such as UK.
All locally grown and produced food items are at least on third of their price in the UK. Those who come from a Western country and shop carefully will find out that their weekly food bill is dramatically lower than it used to be.
Anyone who likes to eat out will find out that a three course meal in a local restaurant can cost as little as GBP 5-8 per person. Bulgarian wine is available from BGP 3 a bottle. Drinks in restaurants and bars are times cheaper than in UK.
Bulgaria is an incredibly affordable place to live and a very suitable country for those who want to make the most out of their retirement income. However, if you are really looking for a cheap cost of living, avoid buying properties in the main ski and summer resorts, because the prices there are a bit higher than in non-tourist villages.
And while the prices for clothing and food are lower than in the UK, the utility bills and municipality fees are even lower.
YEARLY COST TO POSSES A PROPERTY IN BULGARIA
Government yearly fee for possession of property – it can vary from €50 to €70 to €100 or more according to the property
Garbage tax – approximately 25 GBP
Building tax – approximately 15 GBP
Electricity bill – it depends on consumption, average monthly bill is around GBP 20 – 25
Water bill - it depends on consumption, average monthly bill is around GBP 10 – 15
Property insurance (optional) - around GBP 15-20 for a GBP 14 000 property
GREAT VALUE FOR MONEY
We have talked about the low cost of living in Bulgaria, but the best news is that you can get a really wonderful house, surrounded by nature of your choice for that low price.
PBG – Bulgaria offers a variety of holiday homes and rural houses in the mountain, on the black sea, in a mountainous villages right next to the sea, near ski and SPA resorts, in remote villages or in villages with a big ex-pat communities. No matter if you choose a famous resort or a remote village in the mountain, virtually the whole country’s territory has a cell phone coverage, telephone services, internet, satellite and cable TV. The roads are good, and almost every village has shops, restaurant, internet cafes etc.


Pics of beautiful parts of Bulgaria:
AFFORDABLE MEDICAL AND DENTAL CARE
Another positive aspect of living in Bulgaria or having a holiday home here is that you can get advantage of the extremely cheap medical and dental care as compared to those services in Western countries.
STABLE ECONOMICS
Bulgaria has one of the healthiest economics of the countries in the European Union and offers a very good economics climate for foreign investments. The BGN currency – Lev is very stable and the country has not suffered any serious consequences from the world economic crisis.
IMPORTANT LINKS FOR FOREIGNERS LIVING IN BULGARIA
The portal for expats and foreigners living in Bulgaria
http://www.expatinbulgaria.com/

Living in Bulgaria – the expats guide
http://www.shelteroffshore.com/index.php/living/cat/C55/