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The Average Price of Sold Bansko Properties is 640 Euro/sq.m.
BULGARIAN PROPERTIES
The average price of a Bansko apartments is 640 Euro/sq.m., the analysis shows based on actual concluded deals during the period May-September 2009.
The reason the apartments are the most sought-after property type in the resort is that their prices are more affordable and this type of property can easily be managed and rented out to receive additional income.
According to the company’s data the number of deals concluded with holiday homes in Bansko this summer is not less than those concluded in the summer of 2008 which is a positive trend on the background of a 40-percent decrease in the sale of all property types for the same period on an annual basis.
However, the reasons for the more dynamic market in Bansko this summer must be sought not only in the drastic decrease in prices. One of the trump-cards with which Bansko attracts more and more tourists are factors like the good quality of the construction and the many extras which the developments offer, including outdoor pools which practically make the mountain a great place to be all year round. In the summer Bansko also hosts a number of fests one of the most famous ones being the Bansko Jazz Fest which was held in August this year for a twelfth time.
From October 2nd till October 4th 2009 Bansko will also host the first tourism market Traditions with Future. The participants in the event will include municipalities and town halls, companies offering holidays and entertainment services, SPA hotels, tour operators and tour agents, tourism associations, information centers, and companies working in the hotel and restaurant equipment sector. National and natural parks, schools, non-governmental organizations, companies dealing in specialized software, advertising agencies and publishing houses, banks and insurance companies, and entertainment animators will also present themselves at the forum.
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Latest News
Housing Price Determinants and the Price Cycle in Bulgaria - a Paper by the Chief Operations Manager of BULGARIAN PROPERTIES
10/June/2011
BULGARIAN PROPERTIES
Polina Stoykova, Chief Operations Manager and Head of the Research Department of BULGARIAN PROPERTIES presented a paper at the Summer Conference of the International Academy of Business and Economics in Barcelona, Spain on 3rd June. This paper is published in the current issue of the Journal of International Business and Economics.
The title of the paper is: 'Housing Price Determina... read more
LATEST REGIONAL NEWS
The Military Airport of Balchik to Become a Civil Airport
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BULGARIAN PROPERTIES
The Bulgarian government has decided to give the airport in Balchik to the Ministry of Transport, Information Technologies and Communications. The government intends to turn it into a civil airport.
At present Balchik Airport is an inactive military airport. The change in its function will improve the flight services along the Bulgarian Black Sea coast, especially during the high s... read more
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Rising private consumption to boost retail space demand
30/November/2011
Europaproperty.com, Central & Eastern Europe Retail Guide
Bulgaria’s total retail sales will expand to $13 billion by 2015 from the forecast $10 billion this year, according to the latest BMI Bulgaria Retail report. Rising disposable income, Bulgarians seeking more choices and low prices offered by foreign and domestic chains will reportedly be the main dri... read more
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