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11 June 2011:

Distressed sale in Bansko. The 14 remaining apartments for sale at Balkan Heights, Bansko are now priced at 525 euros per square metre incl. VAT. (This is reduced from 1500 euros per sq m in 2008, making it a 65% reduction.) Studio 17,000 euros, 1-bedroom 25,877 euros, 2-bedroom 33,201 euros.  Contact sales@balkanskichalet.com 

11 August 2010: Ryanair has announced that it will open a new twice-weekly service from London Stansted to Plovdiv in Bulgaria which will commence on 2 November with fares from £32.99 one way inclusive of taxes. 

21 February 2010: Boom without Bust: an interview with the Mayor of Bansko about the Municipality's plans for the resort in the Sofia Echo

02 September 2009: Several cheap airlines to Bulgaria have gone out of business. (Sky Europe, Central Wings, My Air, Sterling.) Check SkyScanner for the cheapest flights. Here is a quick update on cheap airlines operating to Bulgaria:

See Bansko Express for cheap transfers to Bansko.

18 March 2009:

Here is a short film on Deutsche Welle TV about Bansko: Escaping to Bansko.

22 June 2008: In a change to Bulgarian law, Russians who own a property in Bulgaria now have the right to receive a 3-year multiple-entry visa to Bulgaria. This will significantly add to demand for Bulgarian new build property.

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
   

Ski property: BALKAN HEIGHTS Resort
Bansko
  • At 10 June 2011: 14 remaining apartments for sale at 525 euros per square metre including VAT
  • Studio 17,000 euros, 1-bedroom 25,877 euros, 2-bedroom 33,201 euros  
  • Located in Bansko, south of the town, in prestigious St Ivan district
  • Rental income managed through Booking.com
  • Hotel reception with concierge
  • Restaurant and lobby-bar
  • Buffet breakfasts served in the restaurant
  • Free WiFi Internet and Satellite TV
  • Free Shuttle Bus to the Gondola Station
  • Swimming-pool
  • Spa centre with sauna, massage, steam room
  • 14 remaining apartments for sale at 525 euros per square metre including VAT

property: Building Land by Kempinski Hotel
Bansko

Distressed sale:  This building land is opposite the 5-star Kempinski Hotel Grand Arena in Bansko. It 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. The land is well situated for a retail mall. Shop space situated here will, when the economy improves, achieve a selling price of 2,000 euros per square meter. Realistically a project of 6,800,000 euros can be built on it.  It is with great regret that we are selling this land but we need the cash. The price is 463,250 euros  - strictly non-negotiable. (250 euros per sq m.) This is a 45% reduction from the original price of 852,000 euros..

Please enquire to sales@balkanskichalet.com about this investment. Tel. 00359 889 633 086.


Ski property: BALKANS
Bansko
  • Furnished 1-bedroom apartment  36 000 euros
  • Located in Bansko, 100m north of Tanne Hotel, 500m from Gondola Lift Station
  • Apartment 18 is 70 sq m so the price is 400 euros per sq m

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