Property investors turn attention to spa resorts in Bulgaria

Sofia echo, 2007-06-22

     Vacation property investors are interested in the regions having mineral water deposits near big Bulgarian resorts. An increasing number of apartment buildings in the resorts have spa centres and promote the powers of mineral springs, said an article in mediapool.bg. A number of closed-type complexes are being built the region of Bansko winter resort, famous for its numerous mineral springs.
     The complexes usually include a hotel part with spa centre and swimming pools and independent houses for sale. Prices of apartments in the town of Razlog vary from 1300 to 2000 euro per sq m. Banya, located between Razlog and Bansko, attracts investors with its 70 mineral water springs, mediapool.bg said.
     According to investors, eight closed-type complexes having total area of 50 000 sq m and three village settlements are being constructed near Banya. Prices exceed 1060 euro per sq m.
     Property prices raised in the town of Dobrinishte, which is also located in the region. Plots are offered for 40 to 60 euro per sq m.
     The region of Veliko Turnovo, where a number of balneological sanatoriums stood in the past, also sees the construction of spa complexes, mediapool.bg said.

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