Bulgaria is the latest country to join the EU and like all the recent additions to the EU has shown and will continue to show large percentage rises in property prices.

Bulgaria's key macro economic indicators are positive with foreign direct investment increasing year on year from 32 million dollars in 1992 to 5.2 billion in 2004, including investment by C&W, BT, Siemens, Microsoft.

Bulgaria's economy is predicted to outperform that of the other recent eastern european countries which have joined the EU.

Income from tourism increased over 25% in 2005 compared with 2004 is continuing to rise rapidly.

The lower cost of living with beer from as little as 17p a pint, 220km of sandy beaches and cheap charter flights with only a 3 hour flight time from the UK make Bulgaria the fastest growing tourist destination for the UK.

Thomas cook has set aside 100 million for the construction of 15 hotels and Thompson Holidays UK voted Bulgaria to be one of their top 3 selling holidays of 2004

The Sunday times recently described Sunny Beach as "The Costa Del Sol 20 years ago" and we all know how prices have risen on the Costa Del Sol over the last few years.

Over the last 18 months property prices in Sunny Beach have risen on average over 30%.