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TOP News

08 May 2008: Burma cyclone disaster appeal: an old friend operates a business in Burma and can help the Burmese using his two ships that cruise the River Irawaddy. You can make donations here.

07 May 2008: Prices at Victoria Villas on the Black Sea coast have been cut by 33% from 1,200 to 800 euros per square meter. This price only applies to the show apartments in the building that is already built. Studios with sea views are available at 25,292 euros.

19 April 2008: Britannia Investments received the Building Permit for Sophia Gardens from Sozopol Municipality on 26 February 2008. The construction will proceed according to the advertised schedule.

17 April 2008: Bulgarian mortgages and the credit crisis: are Bulgarian mortgages affected? Yes, but not as much as UK mortages.

31 March 2008: Balkan Heights has been issued with Act 15 by Bansko Municipality. The next payment to the developer is due upon the issue of this certificate and we will contact all buyers about this soon. The development is scheduled for completion on 30 April 2008. Latest pictures are published in the Gallery.

13 March 2008: Bulgaria names world's best value holiday destination, Teletext.

28 February 2008: We have published a video walk-through of Sophia Gardens, our new Black Sea development in Sozopol.

20 February 2008: Our website, balkanskichalets.com, now has a Google PageRank of five. This is Google's measure of the importance of a website. We know of no other Bulgarian property company with a higher PageRank.

19 February 2008:

High-resolution images of Bansko on Google Earth recently became available. Paste these co-ordinates to find our developments:

  • Balkan Heights: 41°49’19.55,23°29’19.60
  • Balkan Place: 41°49’32.51,23°29’18.54
  • Balkan Ski Pods: 41°49’43.46,23°29’12.70

18 February 2008:

Balkan Ski Pods in Bansko are released for sale. This is an innovative development consisting of 28 apartments, that is attached to The Balkans development (sold out). The location is by the Tanne Hotel. 80 % LTV mortgages at 6.65% p.a. from Raiffeisen Bank are available on these apartments through Bulgarian Home Loans.

08 January 2008:

Mortgages: Mortgage financing for off-plan property purchases are available from Raiffeisen Bank. These are arranged by Bulgarian Home Loans. This capital repayment mortgage is for up to 80% Loan to Value at a rate of 6.65% p.a. Condition is full price is stated on the Title Deed. This mortgage is available for:

07 January 2008:

We have published a Price Guide to Studios, 1-bedroom and two-bedroom apartments in the Bulgarian sea and ski resorts. Average prices are, in euros:

Average PriceStudio1-bed2-bed
Bansko55 41781 262127 131
Pamporovo36 084 60 829 90 632
Sozopol41 455 62 605 82 144
Sunny Beach45 980 64 295 92 841

See Price Guide

22 October 2007: CNBC Best Development Bulgaria 2007: St David's Bansko. We are now selling St David's, Bansko, winner of the CNBC Best Development Bulgaria 2007. 27 apartments remain available for sale with prices from 62,000 euros.

28 August 2007: Bank Guarantee for Balkan Place: The construction costs for Balkan Place being developed by Balkan Ski Chalets have today been underwritten by Raiffeisen Bank. This removes all risk to buyers that there will be insufficient financing for the construction project currently underway. Details are available on request.

03 May 2007:

Here is a quick update on cheap airlines operating to Bulgaria:

22 August 2006: Eastern Promise: Now we can all own ski property, Wizz Air Magazine, August 2006. Features Balkan Place ski apartments in Bansko.

31 May 2006:

Life in Bulgaria is cheap. It is the cheapest country in Europe. According to The Economist's latest Big Mac Index, prices of goods and services in Bulgaria, like Big Macs, as well as assets like properties will increase.

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Properties
   

Sea property: SOPHIA GARDENS
Sozopol
  • Directly above the beautiful Blue Flag Kavacite Beach
  • A boutique development of 18 apartments and maisonettes
  • A project by Britannia Investments (UK developer)
  • 2 attractive payment plans, with 5% discount available
  • Property management and letting
  • Swimming-pool
  • Sold with kitchens included 
  • Prices start at EUR 53,400 (GBP 36,081)

  • Sea property: VICTORIA VILLAS
    Sunny Beach
    • Directly above Sunny Beach in the village of Kosharitsa
    • A development by Britannia Investments (UK developer)
    • 2 attractive payment plans, with 5% discount available
    • Property management and letting
    • Pub & Restaurant
    • Minimarket and other shops
    • Spa and bistro
    • Two swimming-pools
    • Air-conditioning, cable TV and Internet in all apartments
    • Prices start at EUR 26,512 (GBP 20,800)

    7 May 2008: We have cut prices by 33% to 800 euros per sq meter

    Apartments are sold with fully fitted kitchens including appliances


    Sea property: KALIAKRIA GARDENS
    Varna
  • Located 55 km from Varna and 45 min from Varna’s international airport
  • Three golf courses in the area ( all under construction )
  • The development overlooks a Gary Player designed golf course and have incredible sea view
  • High quality finishes such as marble floor,underfloor heating, marble fireplace, A/C, fitted kitchen, etc
  • Management and maintenance company on site-Bankguarantee for buyers deposits
  • Mortgagees for foreign buyers
  • Legal assistance with English speaking lawyers
  • Prices start at EUR 59,453 (GBP 40,444)

  • Sea property: PARADISE DUNE
    Sozopol
    • Located close to the most beautiful beach in Sozopol - Kavatsite
    • All-year-round occupancy of the Complex and development of the Conference tourism
    • Shuttle bus exclusively for the owners and the guests of Paradise Dune going to Sozopol and back regularly
    • Distance to Burgas (the airport): 35 km
    • Private beach
    • 4 swimming pools of total area of 600 sq.m.
    • Pool bar
    • Tennis court, football field, basketball court, mini golf, pool house, Table Tennis
    • Children’s playground with animators
    • Sauna, Steam Bath, Tangentor
    • Medical and Sport massages
    • Beauty Parlour, Hairdresser’s Parlour
    • Medical Centre, Fitness
    • Property management and letting
    • Safety of the investment and the opportunity for high rental returns
    • A guaranteed funding by the British investment fund BLD
    • Prices start at EUR 32,150 (GBP 21,871)

    Ski property: BALKAN HEIGHTS Hotel-Apartments
    Bansko
    • Located in Bansko, south of the town, in prestigious St Ivan district
    • British developer
    • Apartment hotel and spa centre
    • 5 minutes to Gondola Lift Station by dedicated minibus shuttle
    • 80 luxurious apartments for sale
    • Hotel reception with concierge
    • Restaurant and lobby-bar
    • Swimming-pool (open-air in summer)
    • Most apartments with terraces
    • Serious spa centre with sauna, massage, steam room
    • 2 payment plans with deferred payment (with small deposit, or large deposit with 5% discount)
    • Property management and letting
    • Best-value high-spec. apartments in Bansko:

    Development

    Studio

    1-bedroom

    2-bedroom

    St Ivan Rilski (Fairplay)

    EUR 60,000

    EUR 88,000+

    EUR 124,500

    St John Hill Ski & Spa

    EUR 43,000+

    EUR 77,000+

    EUR 137,000+

    Balkan Heights

    EUR 38,160

    EUR 59,247+

    EUR 90,797+


    property: Commercial Units
    Bansko and Black Sea

    Commercial Units for sale and for rent

    An excellent range of commercial units are available either for sale or for rent in both our Bansko and Black Sea Coast developments. Options include:

    • Offices
    • Bars
    • Restaurants
    • Cafes
    • Fast food outlets
    • Beauty and hairdressing salons
    • Retail outlets
    • Spa and wellness centres

    Please contact Sebastian Kinsman on 00359 889 633 086 or email sales@balkanskichalet.com for details.


    Ski property: BALKAN SKI PODS
    Bansko
    • Compact and cosy boutique development
    • Medium-spec. finish and inexpensive prices
    • Bespoke interior design to maximise internal space
    • 80% LTV Mortgages available from Raiffeisen Bank at 6.65% p.a.
    • Notary Deed transferred at roof level
    • All payments made to Bulgarian bank account
    • Full price in Title Deed
    • Located in Bansko, 100m from Tanne Hotel, 500m from Gondola Lift Station
    • 3 payment plans (with small deposit, or large deposit with 5% discount, or with mortgage
    • Property management and letting
    • Show apartments available for viewing at The Balkans (attached)
    • Prices start at GBP 29,568

    Ski property: St. George's Lodge
    Bansko

    • Five star build quality
    • Stunning views to the Pirin Mountains and over Bansko
    • Top quality fixtures and fittings
    • Maximum use of natural materials including stone, granite, marble & wood
    • Western style bathrooms and kitchens
    • Full concierge service (24 hrs)
    • Impressive amenities for owners - indoor pool 25m x 10m, enclosed terrace area, sauna, gym, cafe/ bistro, ample storage / lock-up space
    • Lifts to all apartments
    • Underground parking
    • Full maintenance/ management service
    • Prices start at EUR 78,868 (GBP 54,770)


    Ski property: St David's
    Bansko
  • The development includes a stunning glass elevator leading to an open air sky bar
  • 106 luxurious apartments
  • Balconies on most apartments
  • Luxury fitted kitchen and bathrooms
  • Fully insulated and heated
  • Fitness centre and large swimming pool
  • Jacuzzi, steam room, sauna and treatment rooms
  • Landscape gardens
  • Barbecue and picnic area
  • 24 hr security and reception
  • Ground floor bar
  • Fast food outlet
  • Commercial areas
  • Kids club
  • Business centre with internet access
  • Meeting rooms
  • Exclusive open air sky bar with own glass elevator
  • Prices start at EUR 53,822 (GBP 36,614)

  • Ski property: BALKAN PLACE
    Bansko
    • 80% LTV Mortgages available from Raiffeisen Bank at 6.65% p.a.
    • Notary Deed transferred at roof level
    • British developer
    • Apartment hotel and spa centre
    • 3 minutes to Gondola Lift Station by dedicated minibus shuttle (free)
    • 66 high-spec. ski apartments
    • Hotel reception with concierge
    • Lobby-bar with welcoming fireplace
    • Swimming-pool with sun-deck
    • Most apartments with terraces
    • Spa centre with sauna, massage, steam room
    • Gym with latest fitness equipment
    • Ski room, Laundry room, Underground parking
    • Comprehensive fire safety measures
    • Located in Bansko, south of the town, in prestigious St Ivan district
    • 3 payment plans (5% discount available)


    Sea property: COSTA BULGARA
    Sozopol
    • First line sea complex, 150-200 m distance from the beach
    • Situated only 35 kilometers south from the international Airport of Burgas and only 9 kilometers from the ancient town of Sozopol
    • Luxuriant Mediterranean Spa
    • 2 outdoor swimming pools
    • Many green areas
    • Mediterranean kitchen
    • The complex is with limited access and 24 hour security
    • Full management and rental service
    • Prices start at EUR 35,386 (GBP 24,072)

    Sea property: ELIZABETH COURT
    Sozopol
    • Directly above the beautiful Blue Flag Kavacite Beach
    • A combination of townhouses, duplex apartments and studios
    • A development by Britannia Investments (UK developer)
    • 2 attractive payment plans, with 5% discount available
    • Property management and letting
    • Restaurant
    • Swimming-pool and Pool-bar
    • Prices start at EUR 39,750 (GBP 27,226)

    property: Bansko Building Land
    Bansko

    This building land is situated between the current Gondola Station and the planned second Gondola Station. The land is 1,853 square meters with planning permission for construction of 4,260 square meters. Apartments situated at this position can achieve a selling price of 2,000 euros per square meter. Realistically a project of 6,800,000 euros can be built on this land.  The price is 852,000 euros - strictly non-negotiable. (200 euros per sq m of the permitted built area.)

    Please enquire to sales@balkanskichalet.com for an analysis of the profitability of this investment. Tel. 00359 889 633 086.


    Sea property: Cape St Stefan
    Sozopol

    First line coastal apartment in Cape Saint Stefan, Sozopol

    • Fully furnished re-sale apartment for sale for 94,000 euros 
    • 1 bedroom, 1 bathroom
    • Area 64 square meters (680 sq feet)
    • Sleeps four
    • Nearest airport: Burgas - 31km
    • Nearest beach - 400 m
    • Nearest railway station: Burgas - 31km

    Ski property: ORPHEUS SUITES & SPA
    Pamporovo
    • Prices start at Euro 39,930 (GBP 27,163)
    • Underground parking
    • Italian, restaurant, International restaurant, and Irish pub
    • Shopping centre
    • Baby-sitting
    • Swimming pool and spa and gym
    • Prices include VAT
    • Property management and letting
    • Security of investment: 4.5% Net Rental income guaranteed for 5 years
    • 20% annual capital growth
    • 5% discount on the price is available

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