Israeli investments in Bulgaria

The Bulgarian real estate market is experiencing booming days and that has attracted international investors including the Israeli AVIV and CCI. Both corporations are about to develop a substancial project in Plovdiv, and in particular a shopping mall complex. The budget is considered to be around 40 million Euro and will have a total surface of 45,000 Sq. Mt. The Britsh firm Colliers International will manage the shopping mall and find the suitable costumers for the premises.

Analysis of the

The Bulgarian real estate market has experienced considerable growth over the past decade, nevertheless land prices still remain low compared to W. Europe. Moreover the continuous growth of the Bulgarian economy presents excellent opportunities and returns for those that invest now. Therefore the recent investment by the Israeli company as well as other numerous ones by Greek, German and Austrian real estate companies; will achieve great gains over the next years. A further attraction is the low corporation tax of the country of only 19%. Excpect more capital inflow in the Bulgarian real estate market over the next year.

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