ABSTRACT
My focus in this chapter will be on British property buyers in rural Bulgaria. In the previous seven years, there has been a boom in the sale of properties in Bulgaria and the property market has strengthened further since EU accession in January 2007. Indeed, in 2007 apparently 35 per cent of all financial investments in Bulgaria were property related.1 Foreign involvement has played a prominent role since 30 per cent of all property deals were made by foreigners, mostly by British citizens and companies.2 While the market is most developed at the Black Sea, ski resorts and particular cities (such as Varna and Sofia), there are also pockets of interest in some of the picturesque rural regions of the country, including the northern central provincial region of Veliko Turnovo – the focus of this chapter.
