Call
Send Email
Messenger
WhatsApp
One Billion Euro Invested in Bansko
It has been calculated that in the last 5-6 years about 1 billion euros have been invested in Bulgaria’s winter resort of Bansko. The reason for the great development boom in the resort is the favorable investment climate the local authorities have created, the town’s Mayor Alexander Kravarov said. He added that when the developers are given good working conditions and receive the needed cooperation from the various institutions they do not have to be attracted as they come by themselves.
The projects on which the Municipality of Bansko is working are many. The main projects are related mostly to the development of the areas and the construction of roads, water mains, sewerage, dams for drinking and irrigation water. They are executed in Bansko but also in the neighboring town of Dobrinishte and the adjoining villages.
After the construction boom of immeasurable scale and the just about total exploitation of unoccupied plots of land the demand of properties in the municipality is at a standstill, Mayor Kravarov explained. He also said that this is quite normal due to the international market crisis.
“We depend on the policy of the banks, on the interest rates and on the granted loans,” the Mayor underscored. “The prices of the plots of land here are between 30 and 400 euro per square meter. Foreigners and big construction companies are the groups looking for investment possibilities at the moment. But it must be added that the small construction companies are also quite interested.”
Read more news
More News
Summer is here, and the real estate market in Bulgaria continues to offer great opportunities for those who are well-informed and act at the right time!
May was a month of in-depth analyses and valuable market data, showing that the market is entering a more balanced phase. Buyers are becoming more cautious, supply is gradually increasing, and successful transactions increasingly d...
After two years of exceptionally strong price growth, limited supply and euphoria fuelled by the expected introduction of the euro, Sofia’s residential property market entered a new cycle in the first quarter of 2026.
The period was characterised by existing demand, but also by more moderate activity, as buyers and sellers reassessed their behaviour.
The market began ...
The first quarter of 2026 marks the beginning of a new stage in the development of Bulgaria’s property market, which is moving from a period of accelerated transactions in 2024–2025 into a phase of normalization, characterized by more mature and rational buyer behavior.
This shift is also visible in an analysis of nearly 15,000 real searches made between January and Ma...
The market is rebalancing – and great results come with the right strategy!
April brought clear signals of a new phase in the real estate market in Bulgaria – a more moderate pace, more cautious buyers, and increasing supply. And yet, deals are happening across all segments when properties are positioned correctly.
In this more mature and competitive environment, our Agents ...
