Bulgaria's deputy finance minister has spoken of the country's favourable business climate and its attractiveness to outside investors.
According to Lyubomir Datso, Bulgaria is the best country in the European Union when it comes to property investment.
He also said that government policy is aimed at increasing both inward and domestic investment, reports Novinite.com.
"We can boast of having optimal taxation system and being on the top of the list of countries, which enjoy biggest direct foreign investments," he stated.
"The macroeconomic stability that Bulgaria manages to keep is a crucial factor for attracting foreign investments."
In addition, EU funding will also play a key role in maintaining Bulgaria's economic fortunes, he said.
Meanwhile, Dream Homes WorldWide is urging investors to take into account due diligence before buying off-plan property in Bulgaria.
Last month, Bulgaria's government announced the demolition of more than 190 illegally constructed properties on its coastline, many of which are food outlets.
See Also: Property News (6705)
Date Published: 29 April 2008
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