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Bulgaria Ski Resorts The Low Down To Purchasing Bulgarian Property
ulgaria has some of the with literally hundreds of
best skiing in Europe and, off-plan investment
as such, the ski resorts opportunities. Savvy investors
are attracting foreign investors will also be considering the
at an impressive rate. Bansko and mountain resorts. Coastal resorts
Bovoret are the two main ski actually freeze during the winter
resorts in Bulgaria; Bansko being and are effectively shut for
the largest and most famous of business. This means that the
the resorts. Between 2001 and rental season is relatively
2004, the Bulgarian government short, at 20 weeks or so.
has invested over 100 million Mountain resorts have year round
Euros in the resort, with extra appeal, skiing in the winter and
ski facilities such as an extra hiking in the summer. Weekly
ski lift and improved transport rental may not be as high, but
links. when the year round appeal is
taken into account; the overall
In 2005, Bulgarian ski resorts returns may be greater.
saw an increase of 36 percent in
the number of UK visitors, Bulgaria does have a wide range
meaning that rental potential in of ski resorts to suit every type
the area is ever increasing. of skier, so before diving in,
consider the various options that
An important issue that many this mountainous country has to
foreign investors do not offer.
necessarily realise is that,
within Bulgaria, there are two Bansko
distinct tourist markets, the
costal resorts and the mountain As previously mentioned, Bansko
resorts. Coastal resorts are remains one of the largest and
certainly booming, currently, most popular resorts in Bulgaria.
The season is particularly long overshadowed by the rapidly
in Bansko, starting before growing Bankso, is actually the
Christmas and not ending until largest ski resort, in Bulgaria.
mid May. New hotel and apartment Borovets is situated on the
blocks are springing up all over slopes of Mount Musala, in the
Bansko, with prices starting at Rila Mountains. The nearest town
around the 50,000 Euros for a is Samokov which is only 12
managed apartment. kilometres away. Sofia is the
nearest airport, at 72 kilometres
In terms of location, Bansko is away, with plenty of companies
on the River Glazane, at the offering cheap or free transfers.
north eastern end of Pirin. Sofia Borovets, like Bankso, has a
is the nearest airport, although wonderful climate and a long
this is over 170 kilometres away. skiing season. Prices here are
Most of the large ski companies slightly higher than in the other
offer transport links so the resorts, largely due to its
distance is not much of an issue. favourable location and modern
In total, there are approximately facilities. Expect to pay from
65 kilometres of marked pistes around 45,000 Euros for a modern
for skiers of all levels, apartment, although as the resort
including many ski schools for is older than many of the others
adults and children alike. For ski areas in Bulgaria, there is
the more adventurous, there are also a wide range of larger
also slalom runs and cross family homes available with a
country courses that run for more huge variety of prices. Many of
than 5 kilometres. these properties are in need of
renovation, so picking up a
Borovets bargain is a real possibility, in
this area.
Borovets, although now largely
Pamporovo
There are, of course, other
One of the more modern ski smaller resorts in Bulgaria, all
resorts in Bulgaria, Pamporovo is of which have their own charm,
located in the central Rhodopi although not attracting the large
Mountains. As well as being the volumes of tourists. These
most southern resort in Bulgaria, include, Semkovo, Malyovitsa,
it is also the most southern ski Govedartsi, Dobrinishte,
resort, in Europe. Those after Chepelare and Uzana.
nearly guaranteed sun should head
to this wonderful resort, as it Ski resorts are a popular choice
is renowned for having excellent for those buying property in
snow and a sunny climate with Bulgaria, due to their year round
around 120 days of sun in every rental potential and the
ski season. The season starts in increasing popularity of these
mid December and ends in mid resorts. Anyone investing in
April. Sofia is more than 240 Bulgaria would be very wise to
kilometres away, but Plovdiv is take a close look at the ski
only 85 kilometres away. Prices resorts because, arguably, this
for a one bed apartment start is where the largest amount of
from as little as 36,000 Euros. capital growth is expected in the
foreseeable future.
Other Resorts
About the Author:
Providing essential information on buying Bulgarian property, Tem Pearson is dedicated to offering all the necessary information for people looking to buy property in Bulgaria. Visit www.buying-property-abroad.info/Bulgaria.
Read more articles by: Tem Pearson
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