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Bulgaria is the best place for investment in winter ski resorts

january posted on Feb 28, 2007 | views: 1233 | Tags: Bulgarian, Bulgarian real estate, sofia properties, apartments for sale

Bulgaria is the best place for investment in winter ski resorts


According to the British newspaper “Independent”, Bulgaria is the best place for investment in winter ski resorts. According to the issue, Bansko can not be compared to Saint Morits but is the leading Bulgarian ski resort and according to the experts the property prices will continue growing.

The number of the tourists for this season will be more than 1 million. The lifts are modern and cheaper compared to those in the Alps.

The classic combination in Bulgaria Property of fast development, foreign investment interests and permanent economical growth is in the basis of the prices growth, said Liam Bayly from British Real Estate Agency. According to an international index investigation the property prices in Bulgarian resorts have risen about 20.5% for the last year.

Continued development of vacation complexes in the most popular Bulgarian ski resort- Investment in Bansko is an evidence for the rising tendency of the property prices.



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Comments

  • anonymous said on Feb 18, 2008....
    Buying into the Bulgarian property market is no longer a secret to many. But buyers investors should be less guided by emotions and weather forecasts than cold figures and hard facts ask themselves some questions:

    Is the Bulgarian South Black Sea Coast overdevelopped? In most cases, yes.
    Are rental yields low? Yes Is there a resale market? No.
    What is the ROI on say 50000 euros over 5 years?  ???
    Is it still possible to invest 50000 euros (about 38000 pounds) and make 300% profit over 5 years? It may very well be. Where?

    In Sofia, the Bulgarian capital, according to a strategy found here and here http://ntcinternational.com/images/stories/sofia/Investment%20Strategy%20MVS%20web.pdf

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