Buying ski property in Bulgaria, and in particular investing in inexpensive real estate is probably the most successful property investment you can make in Europe today.  Still cheap by Western standards, many apartments for sale in Bansko offer high quality and amazing value for the money. Read on and let us help you find investment grade properties in Bulgaria's premier ski resort. Click on the thumbnails for details.

Bania Winter and Spa Residence The Bania Ski and Spa Residence. Studios from only £26,700 6.5% Annual Rental Income Guarantee Year round occupancy; off-plan discount Hot mineral water on premises Spectacular mountain views from most apartments Financing available, see our Bulgarian Mortgages page.

Gramadeto Residence Affordable Ski Property- the Gramadeto Apartments Prime Location - 200m from the gondola lift Occupancy - Now One and Two Bedrooms still on sale Owner's privilege gives access to the four stars Tamplier Hotel facilities

Why Bansko?

• 70km of downhill runs currently in operation with an other 44km to be added.
• The region of Bansko, Bania and Razlog is planned to become a major spa, golf and ski destination still in its early stages. 
• Airport to be built nearby, thus your Bansko properties will be accessible with low-cost carriers
• Free marketing: Bansko has already made its debut in major ski and property sale publications and earned high marks
• Many new summer mountain and sea attractions: the Aegean Sea at Kavala is now only 1 1/2 hours away.

About Bansko

The town of Bansko, 9000 inhabitants, in the foothills of the Pirin Mountains became famous among ski fans from Western Europe and next door Greece, Macedonia, Serbia for their long ski runs and pristine alpine scenery. The longest run in Bulgaria, 16km is found here and with its 65km of pistes on high altitude between 1635m, where the gondola lift takes skiers, and 2560m (Todorka Peak) snow is never an issue here. Ski property prices are trending higher at the beginning of every winter season.

Soon the town will boast one of the best designed golf courses in the country and along with the Summer Jazz Festival it will increase occupancy and further improve rental income for owners-investors.

The Pirin mountains are the second highest and one of the most beautiful Bulgarian mountains - it is a natural preserve included in the World Natural Heritage list. The clean mountain air, the hot thermal waters in the swimming pools and the specialized facilities provide excellent year-round conditions for recreation and sports.

Ski Property Gets a Lift
propertyspy.com

Ski property continues to interest buyers, despite the threat of global warming on Alpine snow.
The top resorts continue to command the top prices and the greatest popularity. In the mainstream resort of Les Arcs, developer Intrawest has launched Edenarc in Arc 1800. Read more...
 

EUR 200m invested in Bansko so far in 2007

(Summary from the Monitor Daily 27. 09. 2007)

Recently Bansko has won a €300,000 in PHARE program funds to develop cultural and heritage tourism. Says the project manager Tsveta Dimitrova: “This is a first in the region and the potential is outstanding.  We will invest the funds into a history museum, rehabilitation of century old streets and houses and the promotion of year-round tourism.”

Over the last several years Bansko has seen an inflow of €1 billion in investment funds. About one fifth, or €200m have been invested in 2007, says Bansko Mayor Alexander Kravarov. He refuses to admit views published in the press that Bansko has been over built. The housing prices are still on the rise and the property buyers are showing keen  interest says Mr. Kravarov.  We have taken restrictive measures not to allow excessive building. Otherwise the whole area between Bansko, Bania and Razlog would have been built up already. He admits that a lot of work remains to be done to improve the town infrastructure but the new bigger budget will allow the municipality to tackle much more ambitious projects.

Yesterday Bansko has received a credit  rating 2 points higher than the nation’s rating. The Bulgarian Credit Rating Agency has assigned the town a long-term investment rating A minus, and a short-term investment  A-1, announced Hristo Mihaylovski, executive director of the Credit Rating Agency.

When shares fail, bank on Bansko

telegraph.co.uk

06/09/2007

With fear and trepidation, Max Davidson decides he will no longer be the only one without a home abroad

I've done it! I've finally done it! I said I'd never do it. I said I was strong. I said I was sensible. I said wild horses wouldn't make me do anything so crazy. I said it was the kind of thing only suckers did.

But then, one wet and windy Wednesday, I suddenly weakened. And here I am - the proud owner of a small piece of foreign real estate.
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Yes, there is some corner of a foreign land that is forever England and, in my case, it is a yet-to-be-finished studio apartment in an upmarket ski lodge in Bansko, Bulgaria. Remember Bansko?

A couple of years ago, you couldn't move at overseas property exhibitions for people whispering "Bansko" in your ear.

Bulgarian property, said the snake-oil salesmen, was a snip, too good to miss. The country was about to enter the EU, ergo property prices were about to rocket, the way they had in other new EU-entrants such as Estonia and the Czech Republic.

As for Bansko, the top Bulgarian ski resort, it couldn't miss, could it? British skiers were DESPERATE for somewhere they could go without spending a fortune. Gilt-edged buy-to-let opportunity, fast capital growth, blah blah.

I visited Bansko a year ago, and it was like a Gold Rush town, with estate agents instead of prospectors. I thought of trying to get a slice of the action, dithered, thought better of it.

Then, this summer, the whispering started again: "Bansko... Bansko... Bansko..." I had a small sum to invest and was terrified by the yo-yo-ing on the stock market. My mind flew back to 1999, when I last had money to invest. I took professional advice, bought stocks and shares, but would have been better off leaving the money under my mattress. Never again.

So when a horribly plausible woman called Lucy started singing the praises of a new development in Bansko, I was easy meat for her blandishments. I went to visit her in her offices in Hertfordshire and was wooed with coffee, chocolates, vu-graphs and sales figures.

They were all so seductive - particularly the chocolates.

"What sort of ski season did Bansko have last year?" I asked, desperately trying to focus on the essentials.

"Well, to be quite frank," said Lucy, lowering her voice, "it didn't get much snow at all. Mainly rain."

Scary or what? I had imagined letting my apartment to skiers, not water skiers. I would have to gamble on the weather, not just the Bulgarian economy.

"Don't do it!" screamed the voice of sanity in my ear.

But two weeks on, I'm glad I ignored that voice, took the plunge and wrote Lucy a fat cheque.

If nothing else, it'll be an adventure - an adventure on which so many Britons are embarking that I'd feel a wimp not joining them. So watch this space.

News from Bansko town hall

Bansko budget for the year 2007 is record-breaking in the whole of South-West Bulgaria. The leading Bulgarian resort will have at its disposal the amount of BGN 30 million (over EUR 10m). This year’s budget of Bansko is BGN 11 million higher than that for the year 2006, and exactly 10 times higher than that for the year 2003. Eighty percent of the budget, or approximately BGN 22 has been earmarked for road improvement, streets and squares repairs, water supply and sewerage. Bansko properties prices are on the rise. 

News from Razlog

Razlog Becomes an Important Golf & Resort Centre in Bulgaria
24 hours daily, 26 April 2007

The Bulgarian golf courses, together with the golf villa complexes and the vacation villages, built next to the golf properties have recently been in the very spotlight of all property investors in Bulgaria.
At this point the region of Bansko and Razlog is the leading destination for the largest number of golf projects in Bulgaria. So far there are 7 golf projects planned for this particular mountain area. Some of the projects have already been put in implementation, while the others are still developing. Six of the golf courses are planned to be constructed in the municipality of Razlog, the seventh is in Bansko ski resort. Read more...

Financing the purchase of your ski property

We are extremely pleased to announce NTC International has started to offer financing at competitive rates exclusively to our customers. Reserve your ski property now and we will assist you with your Bulgarian mortgage; please visit our Bulgarian Mortgages page for details.