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Apartments in Bulgaria’s Biggest Ski Resort – Bansko – 50% Cheaper Compared to 2008
With the ending of the summer season the focus of property buyers is now turning to the ski resorts in Bulgaria. However, it is not only the upcoming winter season that increases the interest in Bulgaria’s winter resorts and in Bansko in particular but also the extremely attractive prices of properties there.
BULGARIAN PROPERTIES’ index of listing prices of apartments in Bulgaria’s biggest ski resort – Bansko – shows that at present prices of apartments there are 50% lower compared to their peak values in 2008. According to the data which BULGARIAN PROPERTIES announced a month ago the situation in Bulgaria’s largest beach resort – Sunny Beach – is similar.
With index value for Bansko of 100 in November 2008 in August 2011 it is already 51.31 which shows an almost 50% decrease in the listing prices compared to their highest value in 2008. The drop in Bansko property prices based on actually concluded deals is similar – 53%.
After the 2010/2011 winter season, which was not so dynamic for property deals, in May 2011 listing prices of apartments for sale in Bansko dropped by about 10% compared to the previous months. After the ending of the season listing prices of offered apartments underwent some changes which led to an increased interest in ski resorts in the summer months and to more deals than during the ski season.
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Copyright: 2011 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2011.
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