REGIONAL NEWS

05.10.2009 The Average Price of Sold Bansko Properties is 640 Euro/sq.m.

BULGARIAN PROPERTIES

According to the 2009 analysis of BULGARIAN PROPERTIES for the prices of holiday homes in the big ski resorts in Bulgaria the apartments in Bansko are the most sought-after mountain 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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