Published on 16 November 2005 at 03:13 pm
Filed in Property News for Bulgaria » Ski Resorts in Bulgaria Prove Most Popular
A recent article in ‘The Independent’ newspaper confirmed what many of us already believed to be true - Bulgaria’s ski resorts which are hugely popular with Eastern European skiers are now the most popular for Britons seeking an affordable winter holiday destination.
Property investors who have been drawn by the beauty of the Bulgarian resorts such as Bansko and Borovets and by the inimitably affordable properties for sale in Bulgaria’s ski resorts are starting to reap dividends from their investment, and those who are looking for an affordable and high returning overseas investment property are now turning their attentions to the latest off plan properties for sale particularly in Bansko.
Bansko is of particular interest because it is already receiving substantial domestic and international investment designed to transform it from a sleepy ski town into a five star international ski resort, however Bansko is also a major candidate for the 2014 Winter Olympics. The current flow of investment into infrastructure, hotel and resort development may be impressive but it is likely to be nothing compared to the amount of money the resort will attract if it wins the bid.
Property investors examining Bulgaria are therefore finding that their decision whether to purchase in Bansko or not is being heavily influenced by the long term potential for massive property price gains in the resort. In reality though, whether or not to buy a ski property in Bansko is not a very difficult decision to have to make!
As stated the amount of investment the resort town has already received has been impressive with in excess of 40 million Euros received in the last two years alone. The resort has the longest winter season in Bulgaria and a good summer season too and properties for sale start from as little as GBP 39,000.
The fact that property investors now have a far broader audience to let out their ski apartments and chalets to proves the short term value in making such an investment and the fact that off plan properties in the most desirable developments can change hands up to three times during the build phase proves that demand for property for sale in Bansko also remains very strong. Certain developments in Bansko have attracted property price gains in the region of 30% in just one year alone and these gains are believed to be sustainable as Bulgaria heads for EU accession and the appeal and attraction of resorts such as Bansko gain a wider international audience.
Three of the most interesting off plan developments currently being marketed in Bansko are Bansko IV, Todorka Views and Sunrise Bansko. Each development offers an investor the chance to purchase off plan, make stage payments, buy in from as little as GBP 39,000 and generate an immediate rental income upon completion of the property.
Bansko IV is a development of luxury apartments with five star communal amenities located within walking distance of the resort town and the gondola, for more information, to request a brochure or to contact the developer of Bansko IV please click here.
Todorka Views is a development of boutique style apartments in a fantastic central location which offer fantastic mountain views, great communal amenities and which have wireless internet connection throughout. For more details of the development such as floor plans, price lists and specification of Todorka Views please click here.
Sunrise Bansko ski apartments are all being sold fully furnished and are absolutely ideal for the investor seeking a hands off, income generating property asset. The apartments also have full access to the Sunrise Bansko spa and health centre and are absolutely ideal for buying to let. Click here for full details of Sunrise Bansko.
