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Prices slashed on Bulgarian property bargains
www.aplaceinthesun.com
In the first eight months of 2011, apartments in the Bansko resort were sold at an average of 760 euros per square metre. The index value of Bansko property is now at 51.31 – almost half that of November 2008, when the index value was at a peak of 100.
As a result the resort is facing increasing demand from overseas property-hunters looking for a bargain property near to the pistes.
While other resorts are slashing prices as well, most of them have only decreased by 22% meaning that Bansko is far ahead of its competitors in terms of affordability.
And it’s not just property on the pistes that is falling in price. Beach front property is also cheap, with reports that prices in the first half of the year have fallen by 5% across the country. This followed a reduction of 10% in 2010.
It now means that it is possible to pick up a Black Sea property for €20,000. With these savings it is perhaps understandable that Bulgaria has been listed among the top ten destinations for Brit investors for the first time in three years.
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19/December/2011
BULGARIAN PROPERTIES and BulgariaSki.com
On December 17th Bansko – the winter capital of the Balkan Peninsula – officially opened the new 2011/2012 ski season. Some of the official guests at the event were the Bulgarian ski legend Petar Popangelov and Bansko’s honorary citizen - Marc Girardelli.
The legend Marc Girardelli was the first to try the ski slope. The five time World cup champion was content with the terrain and... read more
01/November/2011
24 Chassa, vol.296, 31.10.11
Amusement – this is what the new and the already existing malls in Sofia and the country are focusing on after the consumption of clothes, shoes and home goods decreased due to the crisis. For example, the new mall which is being built in the quarter of Lozenets is announced as a lifestyle mall. Apart from famous brand shops, restaurants, coffee shops, a bowling hall, an arcade, a gym, and a cinem... read more
29/March/2012
Horizont program, Bulgarian National Radio
Polina Stoykova, Chief Operations Manager of real estate agency BULGARIAN PROPERTIES, gave an interview for Horizont program of the Bulgarian National Radio, in which she comments the holiday home market in Bulgaria. According to the data of the company the foreign buyers are the most active parties ... read more
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