Bulgaria’s incredible success and growth in both the IPO and BPO sectors creates an enormous demand and need for houses and infrastructural growth. This has caused the real estate market to appreciate at an impressive rate in the last couple of years with no signs of slowing down. Ranking in the top 3 consistently for outsourcing, Bulgaria continues to lead Europe in both of these hyper growth industries and is expected to grow to more than a 2.5 billion Euro outsourcing industry in 2020. As a result, Bulgaria’s real estate market has exploded, 11.9% new build price appreciation 2018/2019 due to a lack of supply resulting in 60% of residential units under construction being pre-sold.