Construction in Bansko Resort Limited

The Sofia Echo, 2006-03-06

     Construction works in Bansko winter resort will be limited, Dnevnik newspaper reported.
     New regulations are needed as the capacity of the Bansko’s infrastructure is depleted. Investor interest is significant, yet the city cannot expand indefinitely, Kravarov said. All investors should know they will be responsible for creating infrastructure and should not depend on the municipality, said he.
     Since the beginning of the year 25 construction permits have been issued. Most of them involve the creation of apartment complexes. Bansko’s administration is examining additional 300 permit requests.
     Bansko’s construction programme envisions the investment of 18 million leva in infrastructure by 2007. Nearly 15 million leva will be used for highways and sewage systems. The other three million leva will be used for school and kindergarten repairs.

Latest news about Bulgarian property market

Property Articles - RSS Feed

     The "Property articles" RSS is the section for Bulgarian real estate news. Specialists of Bulgarian Property Ltd. work up the information in Bulgarian newspapers, other edition, and Internet and arrange all articles that touch the area of real estate and themes close to it. We can without extrapolation say that we supply our customers and visitors of our web site with latest and most actual press info.