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The top ski resorts - leaders in sales growth in Bulgaria in Q3 of 2017

2017-11-15   |  Polina Stoykova MRICS, Managing Director & Head of Research

2017 has set a new beginning for the ski resorts properties in Bulgaria.

Increased activity, including the summer months, increasing volumes of sales, stabilized prices and constantly increasing interest by Bulgarian buyers - these are the main trends for the year that is soon to come to its end.

The main reasons for the increasing attractiveness of the properties in the ski resorts are the attractive prices on one hand, which are the best in Europe, and on the other hand - the improving infrastructure, the easy and fast access from the big cities, the accumulated experience in the management and maintenance of the complexes and above all – the ski resorts in Bulgaria have turned into all-year-round resorts!

This allows for a more complete use of the properties, prolongs the season and leads to the possibility of generating rental profit, albeit small, which is an additional incentive to buy.

Sales Volumes

Bansko is the leader in property sales growth in Q3 for the whole country. Data from the Registry Agency shows that transactions in the region grew by almost 30% in the period July-September.

There is also an increase in the sales volumes in the other two big ski resorts - 18% in Pamporovo and 5% in Borovets.

In all three ski resorts sales volumes increased in 2017, with the strongest growth in the 3rd quarter of the year, which includes the summer months. This proves that the ski resort property market in Bulgaria is already active all-year-round, and during the summer months there is a particularly high demand for property to buy.

Request the full text of the report here

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Check out our top offers in Borovets

Check out our top offers in Bansko

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