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BULGARIA: A Brief Property Investor Guide 2022 I February 2022

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In this report, we want to share a concise but balanced look why Bulgaria presents a great investment environment from a risk vs. return perspective.

Top 10 Reasons Why Investors Choose Sofia and Bulgaria

1. Regional Talent Hub
2. Global R&D IT Leaders are in Sofia
3. Business Friendly Tax Rates
4. Competitive Business Costs
5. Ease of Starting a Business
6. Low Currency Risk
7. Developed Creative Industries Sector
8. Great Digital Infrastructure
9. Strategic Business Location
10. EU Funding Opportunities

Global IT R&D leaders like SAP Labs, Bosch, HP,  DXC Technology, VMware, IBM and CISCO already operate large R&D centres employing, educating and developing thousands of highly qualified professionals. It is estimated that more than 50,000 people are employed in over 100 IT companies, which continue to grow. These factors are a winning combination with the support of a favourable business operating environment, reliable infrastructure and choice of quality real estate. 

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BULGARIA: A Brief Property Investor Guide 2022 I February 2022

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Related Experts
Czech Republic

Kevin Turpin

Regional Director of Capital Markets | CEE


Kevin joined Colliers in October 2019 as the Regional Director for Research in CEE and has been working in the Commercial Real Estate industry in the field of property market research and consultancy for over 15 years. The research and consultancy team consists of 16 research analysts, covering numerous markets across the CEE region. Kevin’s role is responsible for the delivery of market research and insights to both Colliers clients and its business lines. Kevin and team research and advise on all market sectors with a key focus on Offices, Retail, Industrial & Logistics and Investment. Kevin's previous roles have been in the HR consultancy, Information Technology and Public sectors, where he has gained valuable international experience working with people, technology, business and finance.

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Georgi Kirov

Partner, Investment and Valuation Advisory Services | Bulgaria


Georgi Kirov joined Colliers in 2002 as Consultant Commercial Brokerage Services.  Soon after he took the lead of  the Investment Sales team and has overall responsibility for the Valuations team. He has led  the Department since 2006 and provides consultancy services to local and international property developers and investors.

Prior to joining Colliers International Georgi completed an internship at the Bulgarian National Bank. 

Georgi is Member of RICS.

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