« Home | EU intro to boost Eastern Europe markets » | UK-listed developer confident in Bulgaria » | Cheap Bulgarian Property Tempts the Russian Buyer » | Foreign direct investment in Bulgaria 53% of annua... » | Varna Office Property Prices Highest In Bulgaria » | Bulgaria To Remove Limitations To Foreigner Proper... » | Bulgaria and Romania to Mark Highest European Grow... » | 500 000 sqm Office Property for Sale in Bulgaria » | Foreigners to be able to buy and inherit proprety ... » | Spanish property "dented" by Eastern European mark... » 

Tuesday, January 23, 2007 

Bansko Is the Most Expensive Territory in Bulgaria

According to the western European medias the resort of Bansko is considered as the new Shanghai of Eastern Europe.

There are hotel constructions everywhere and the price for a square meter of land has risen ten times for the last couple of years.

Bansko probably has been the most expensive territory in the whole country. The Bansko resort is compared with Ischgl, one of the top ski resorts in Europe.

At the moment Bansko is one modern and stylish ski resort. There are new ski lifts that reach up near to Todorka peak ( 2800m ) and 65 kilometres of marked ski runs.

More than 40 million EUR have been invested in building the resort's infrastructure. The prices rise by 20% annually and are likely to continue going up. The demand to own a property is higher than to supply one.

There are 150 million EUR investments for the constructions of 200 new hotels. At the moment a square meter of property in Bansko costs 2150 EUR.

Bansko will be host of the European Women's Championship in Alpine Skiing and the European Biathlon Championship.

Source: news.bg

Bulgarian Real Estate Blog

Welcome to the Bulgarian Real Estate Blog, offering the latest information on the rapidly growing Bulgarian property sector for international investors

email us 

RSS & email Newletter Subscriptions

My Yahoo

Subcribe now to our weekly email newsletter

Your email address:

Powered by FeedBlitz



Bulgaria Online Resources

Overseas Property Blogs

Overseas Property Legal Advice

Online News Resources for International Property

International Real Estate Directories

Foreign Exchange Providers

Overseas Property Finance

International Property Portals

Overseas Property Online Resources

International Property Agents


Powered by Blogger
and Blogger Templates