Bulgaria’s real estate market is very attractive to foreign investors, UK’s “Independent” writes, quoted by BTA.

There are about five-six companies from Eastern Europe on the alternative investments market. More than half of them have focused their attention on Bulgaria, which joined the European Union in January, “Independent” says.

Interest in Bulgaria is understandable, the newspaper goes on. The country’s economy registered a 5.5% growth last year and this rate is expected to be maintained in the next couple of years.

Prices in Bulgaria are low not only by Western standards, but also compared to other countries from the former Eastern block - they are one third of what you would pay in the Czech republic for example.

Real estate market in Bulgaria continues its boom. Experts expect this trend would go on for a while, until prices catch up with the rest of Europe, “Independent” points out.

The alternative investments market is a segment of the London Stock Exchange. It allows smaller companies to trade their shares under a more flexible regulatory system compared to the one used on the main market.