I just returned from a visit to Sofia and was able to compare it to the situation I found 6 years ago when I compared the situation between Bucharest and Sofia. At that point we decided that Bucharest was the best place to invest and thought that Sofia was a few years behind. Now my impression is that Sofia is even more behind, around 5 years I would say. However, considering that things only started to really move in Bucharest 5 years ago, this might indeed be the moment to enter the game. Around the airport there are big plots of land still available. These were 100 Euro/m2 5 years ago in Bucharest. Now they are 500-1000 Euro. The south indeed seems to offer lots of possibilities. Time for action!!

The prospects for land prices around Sofia sound very interesting gijsbert. Do you know what restrictions there are on EU foreigners buying land/property in Bulgaria? Is it a similar situation to Romania?