Bulgaria is situated at the crossroads of Europe and Asia bordering Greece, Turkey and the Black Sea. It is a country of immense variety with long sandy beaches running the length of the coast and a mountainous interior peppered with golf courses and ski resorts. As a destination, the country has only received widespread recognition within the last couple of years with many locations yet to be discovered by international tourists and buyers.
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Quiet, fertile and unspoilt Bulgaria has a territory of around 111 000 sq.km. but its population is only 8 million. The royal family and the present monarch, King Simeon II still reside and is said to be a distant relative of the Queen of Elizabeth.
Golf course development has recently experienced a boom, as Bulgaria’s image of a seasonal tourist destination is changing, and it is gradually becoming a place of reference for the wealthy Europeans to spend their holiday. Currently three famous golfers, Gary Player, Ian Usnam and Jack Nicklaus are involved in designing 5 golf courses in Bulgaria. In 15 years time, there will be 40 golf courses in Bulgaria – on the Black Sea Coast, around Sofia, Elena, Gabrovo, Trun, and Miroviane.
Of course the big news for Bulgaria was joining the European Union on 1st of January 2007. With the injection of money from both the EU and investors, Bulgaria has rocketed to the number 3 destination for overseas buyers seeking a second home on foreign shores, with prices rising on average of 36% last year alone.
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