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Bulgarian holiday homes

If you love skiing and the winter sports, Bulgaria is your favourite place. You will discover the marvelous conditions for sport and recreation in the three biggest ski resorts. The ski runs have different difficulty, the hotels are approved according to the world quality standards, the climate is mild and the people are friendly. A winter holiday in Bulgaria will make you experience fantastic moments that you have not even supposed you could experience.Researches of real estate agencies show that Bulgaria is one of the most wanted destinations for investing in holiday homes as the prices of those properties at the local ski resorts are the lowest in Europe. Compared to the most prestigious destinations for ski tourism in Europe – Switzerland, Andora and France, the Bulgarian properties are between 2 and 4 times less expensive. The average price for a holiday home apartment at the Bulgarian ski resort such as Bansko, Pamporovo and Borovets is approximately 50 000 euro. In the mountain areas of France and Andora the prices are about 170 000 euro, in the Swiss Alps they reach the cosmic amount of about 260-270 000 euro.The Bulgarian winter resorts are attractive for their good ski conditions and entertainment opportunities, the beautiful nature and mild climate.Almost 80% of the holiday home buyers are doing it for an investment. Prices of about 800-1000 euro per sq. m. attract foreign investors as they consider them sensible. At any costs most of the investors realize that the profit margin of renting out a holiday property in Bulgaria is higher than the interest rates of most banks.   The prices of the properties at the ski resorts are higher than those at the sea resort complexes and depend on: • Location - The prices in the top three resorts Bansko, Pamporovo and Borovets are almost the same, as Bansko is leading with a little bit higher prices. An influential factor is the golf course near Bansko that is currently under construction.• Distance to a ski run - Most expensive are properties in close proximity to a ski run, the so called “first lane” properties. • Stage of Completion - The properties at the ski resorts are more expensive compared to the prices of properties near the sea. One of the factors is the extra heat insulation costs. Usually expensive materials are used. You could buy an apartment off-plan, a completely or semi-furnished home. • Position of the apartment - All around the world properties facing south/east are more expensive, because they are warmer.•Floor - The first floors are the cheapest. Prices grow parallel to the height of the floor.• View - A beautiful mountain view could increase the price.• Services and amenities - All additional conveniences to a housing estate – a swimming pool, a children playground, restaurants, spa centre etc. increase the price of the property.

Source: www.bgp.bg


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