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Archive for the ‘Bansko’ Category

Summit Lodge in Bansko – Property in Bulgaria

Wednesday, January 14th, 2009
summit_lodge_frontalThe development itself, rising 4/5 storeys high and located on the West side of the Glazne River, comprises: 119 one bedroom apartments, 99 two bedroom apartments all with Master en-suite bathrooms, and three 3 bedroom apartments all with Master en-suite bathrooms.

Each of the buildings has its own entrance. The exposure and the functionality of the buildings is a priority – there is a lovely residential area inside the complex designed to the same style as the housing estate.

Most of the apartments come with excellent views of the Pirin or Rila mountains. Occupants of the planned development will benefit from a number of retail shops, a restaurant, lobby bars, excellent spa centres, a bowling alley in the adjacent building (White Oaks: built by Platinum Developments) and, of course, the warm glow of open fires in the lobby area.

The building will be monolithic, made of reinforced concrete beamless construction. Partition and external walls will be made of ceramic bricks with thermo insulation. The building will be finished with mineral coloured plasters.

The architectural style of the building is dominated by the pitched roof and stone walls-a mix of modern and traditional Bansko architecture. Local natural materials are used in the construction, such as the stones for the exterior walls and wooden features. High quality modern materials and technologies are used throughout the interiors and exteriors.

Summit Lodge – Location in Bansko
Summit Lodge is a stunning four star development situated in the picturesque town of Bansko, Bulgaria’s leading ski resort and Europe’s most up and coming low cost ski destination. With excellent ski facilities and slopes, lower cost of living, cheaper ski passes and high quality ski equipment, Bansko is set to become a serious contender to the better known ski destinations throughout Europe.

Summit Lodge – Features and facilities
- Restaurants
- Reception
- 4 Shops
- 3 Ski Depots
- Lobby bars (Après-Ski food)
- Open fires in Lobby Areas
- Laundry
- 24 hour security
- Video surveillance
- Internet / Wi-Fi Café Bar
- 37 underground car parking spaces
- Bowling and night club located in adjacent development “White Oaks”
- Billiards / Games Room
- Juice bar and lobby
- Relaxation area
- Jacuzzi
- Sauna
- Steam room
- Solarium
- Ladies and Gents changing rooms
- Gym on the ground floor

Summit Lodge – Prices
1 bedroom apartments – from €75,278
2 bedroom apartments – from €102,700

If you would like to find out more about the Summit Lodge, or indeed any of our wide range of property in Bansko, why not contact one of our property consultants on enquiries@offplanworld.tv.

Property investment in Bulgaria

Wednesday, January 7th, 2009
property_in_banskoIn the last few years, there has been an increasing level of interest in the market for property in Bulgaria, as the regions strong economic performance, coupled with increasing tourism revenues and EU membership have combined to develop a successful and seemingly sustainable economy.

Understandably, this interest has developed into an increasing demand for property in Bulgaria, particular in the tourist hotspots of Bansko, Bovorets and more recently the Black Sea resorts including Sunny Beach.

Similarly to so many emerging markets, the increase in investment in property in Bulgaria has its foundations in a growing market for tourism in the country. The Bulgarian tourism industry is fortunate, in that it has the ability to appeal to two very distinct markets. The skiing resorts of Bovorets, Bansko and Pamporovo provide a more cost effective holiday option to the traditional more chic ski resorts to be found throughout France and Austria. Recent years however have also seen the growth of the Black Sea summer resorts of Sunny Beach, Sozopol and Golden Sands.

As well as the strong market for tourism in Bulgaria, other factors such as the recent inclusion into the EU (and the subsequent subsidies it brings), as well as the countries strong economic performance in the past few years (6% approx GDP) have resulted in an increased demand for property in Bulgaria, as investors seek to capitalise on what is acknowledged as being one of Europes most rapidly expanding markets.

Finally, the price of property in Bulgaria is still relatively cheap in comparison with other major European markets, and this, coupled with growth estimates ranging between 8-12% have ensured a substantial amount of interest from overseas property investors.