Innovative property investments
Bulgaria Property Investment News
Bulgarian food ranked cheapest in EU
British buyers considering investment property in Bulgaria will be pleased to hear further confirmation of the country's low living costs.
In a new survey from Eurostat, food and beverage prices in the Balkan state were found be cost nearly half of the European Union average.
While upmarket destinations such as Denmark and Ireland were found to have the most expensive cuisine in Europe, the study from the Statistical Office of the European Communities found that emerging destinations in eastern Europe offered startlingly cheap living costs.
Even with increasing foreign investment, the emerging economies remain among the cheapest in Europe, with Bulgarian grocery shopping costing 44 per cent less than the EU average.
Alcohol prices were found to be 30 per cent below the EU average, while tobacco costs are 50 per cent lower than the average price for member states.
The survey followed the recent news that the average yearly income in Bulgaria has soared in the past year, thanks to its booming property market.
Related items
Documents and Reports
 |
Bulgaria country guide (995Kb) |
|
Bulgaria property buying guide (687Kb) |
|
Bulgaria property investment report (426Kb) |
Recent articles
Emerging ski resorts recommended to investors
Buyers should research market trends
Record-breaking investment into Bulgaria last year
Bulgaria recommended to investors
Other related pages
Bookmark with: |
What are these? |
Innovative Investments
|
|||||||||||||||||||||||||||||||||||||||