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Investors hit the slopes in Bulgarian ski resorts

2006-10-03   |  Article by Nick Gibbens, * with excerpts, 999today.com, 1st September 2005

Ski resorts boasting year-round rentals and yields of up to 12%, approximately double those available in the coastal resorts, offer the best option for Bulgarian investors

Ski resorts offer the best rental returns due to their year-round tourism capacity. The coastline, including resorts such as Sunny Beach, freezes throughout winter and most of the local amenities close, but the ski resorts remain very much alive offering summer activities such as hiking, fishing and mountain biking.

The low cost of living combined with world-class ski facilities means Bulgaria is now providing healthy competition to the French and Austrian ski markets.

With property prices remaining some of the lowest in Europe and a burgeoning tourist market that is growing by 22% per year, property funds believe Bulgaria is holding fast as a favourite for investors with a long-term view.

Prime skiing locations such as Bansko have strong long-term investment prospects, with the likelihood of securing guaranteed rental schemes with leading holiday companies who already operate in the area.

Invest in a property in one of the three major ski resorts in Bulgaria


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