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Articles about Bulgarian property market. Latest press info.

Bulgaria is a fast-growing ski destination

easier.com, 2006-09-25

     Bulgaria is a fast-growing ski destination with three major resorts in the shape of Bansko, Borovets and Pamporovo. The season is a lengthy one with almost-guaranteed consistent, heavy snowfall between December and April. Bulgaria is not only affordable in comparison to its European counterparts but also excellently placed to cater for both beginners and intermediate sportsmen.
     Just one day on the slopes of Pamporovo, the sunniest of the Bulgarian mountain resorts, is enough to give you a golden tan. Set in the magnificent Rhodope Mountains at 1,650m above sea level, the highest point being Snejanka at 1,926m, ski facilities are excellent with the ski school is ranked one of the best in Europe. During peak season 8,500 skiers per hour use the eight lifts to escort them to the peaks where most of the 17.5km of alpine tracks start, including "The Wall" which tests even the most practiced skier. The little'uns are in safe hands with the instructors at the ski-kindergarten and snowboarding, ice-skating and skidoo (motorised sledging) are also available. By night Pamporovo ticks all the entertainment boxes with plenty of nightclubs and bars as well as dozens of restaurants offering both Bulgarian cuisine and international dishes.
     Pamporovo does not close in the summer, on the contrary, the alluring mountain scenery, which is revealed when the snow melts, attracts hikers, mountain climbers, horse riders, mountain bikers and visitors to the natural thermal springs. This year-round appeal makes property investment a safe and lucrative prospect.
     Bulgarian real estate prices are currently rising between 10 – 15% per annum as Bulgaria attracts new business, foreign investment and large numbers of tourists, fuelled by imminent entry into the EU. Compound this capital growth with the fact that the base price for property in Pamporovo is 10 - 15% less than more established Bansko and it's easy to see why Pamporovo is this season's snowy hotspot.

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