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Construction update for Snowplough apartments in Bansko, Bulgaria
This is the progress monitoring page for Snowplough Development. This page will contain photographs and written commentary on the progress of the development. Please check here from time to time to see how things are coming along. We will aim to post new material here on a regular basis and usually about once per month or more if there is news. If you have any questions at any time, please contact your local agent.
22 November 2005: Snowplough is completed
We are delighted to inform all buyers at Snowplough in Bansko, that both Block A and Block B are now completed.
The furnishing company is due to start their work in the next few days, so that the apartments are ready for the first reservations at the end of December.
The transfer of the ownership for each client will be done immediately after clients has supplied the relevant paperwork required by Tatyana Kalcheva (Attorney at Law).
We kindly ask buyers to forward their last instalment as per contract. Full payment instructions will follow shortly.
NB. Please note that the photos on this page have been made with wide-angle lens.
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In the third quarter of 2025, Bulgaria was among the EU countries experiencing the strongest growth in house prices, according to Eurostat data. Across the euro area, the house price index rose by 5.1% year-on-year, while the EU overall saw a 5.5% increase. Over the same period, prices had grown by 1.6% compared with the previous quarter, reflecting steady demand throughout the region.
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Experts say Bulgaria’s entry into the eurozone does not automatically drive property prices upward, although the market remains under pressure. Polina Stoykova, executive director of BULGARIAN PROPERTIES, told NOVA NEWS that the market has cooled slightly in the second half of the year, following the initial surge in buyer interest after the announcement that Bulgaria would join the eurozone on Ja...
