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Saturday, June 23, 2007 

Bulgaria's capital least expensive city for expat in Europe report`

Sofia is the least expensive city for expatriates in Europe according to research of UK human recourse consultant company Mercer.

Bulgaria’s capital ranks 108th with a score of 72.5, the report said.

Research was based on information on prices of property, transport, food, clothing, entertainment.

Moscow is the most expensive city in Europe and in the world with a score of 134.4. The appreciation of the ruble against the US dollar and the high residential prices increased the cost of living for expatriates in the city.

London moved three positions up compared to data for 2006 and reached the second place in the ranking.

Other expensive European cities include Copenhagen, Geneva, Zurich, Oslo and Milan.

The world’s most expensive cities after Moscow and London are Seoul, Tokyo, Hong Kong.

Source: Sofia Echo

Just browsing the internet, you have a very, very interesting blog.

Great little article, we just came back from Bulgaria for our works Christmas party (we are a Bulgaria property Agent based in central London) were we stayed a few days in Sofia and wow. Its is very good value indeed, 23 of us went out to a traditional Bulgaria Restaurant for a meal, we had so many courses I cant remember the exact number but they just kept bringing us the food, its was all excellent and we all drank wine, larger and Rakia (a 60% proof spirit) that Bulgarians have with they traditional salad dish called Shopska, it was amazing and very relaxed and hospitable.

The meal went on for about 5 hours where we ate and drank as much as we wanted; the bill only came to around £280, so yes, and superb value.

The same can be said for the property prices you can purchase a very good quality new build apartment for a fraction of the cost of that in the UK and especially London.

I total agree with the article and I would expect that most people who have visited Bulgaria would agree with me.

Over 200,000 tourists enjoyed their holiday in Bansko over the last summer season and another 500,000 spent their winter holiday in the Bulgarian mountainous resort.

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