Bulgaria Ski discussion board
Bansko - local knowledge required
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posts : 13 (Beginner)Date : 02-13-07 18:39re: Bansko - local knowledge required
They are building far too fast over there for the gondola/ski runs capacity to be able to copeWould recommend Borovets as a better alternative
Plus from speaking to our barman he recommended to us that Vitosha is the place to start picking up bargains
re: Bansko - local knowledge required
I enjoyed my weeks skiing in Bansko and will probably go back next year, but I certainly won't be buying an apartment. I don't think there is quick money to be made and outside of the skiing season I can't see any rental potential.
I stayed in a new apartment last week and I thought the workmanship was pretty poor, plug sockets and taps starting to fall of the walls.
My advice would be to go and enjoy your holiday and forget about the investment, the real bargins will be when people start ...
I stayed in a new apartment last week and I thought the workmanship was pretty poor, plug sockets and taps starting to fall of the walls.
My advice would be to go and enjoy your holiday and forget about the investment, the real bargins will be when people start ...
I enjoyed my weeks skiing in Bansko and will probably go back next year, but I certainly won't be buying an apartment. I don't think there is quick money to be made and outside of the skiing season I can't see any rental potential.
I stayed in a new apartment last week and I thought the workmanship was pretty poor, plug sockets and taps starting to fall of the walls.
My advice would be to go and enjoy your holiday and forget about the investment, the real bargins will be when people start trying to sell and find that there are not many potential buyers.
I stayed in a new apartment last week and I thought the workmanship was pretty poor, plug sockets and taps starting to fall of the walls.
My advice would be to go and enjoy your holiday and forget about the investment, the real bargins will be when people start trying to sell and find that there are not many potential buyers.
re: Bansko - local knowledge required
Before buying abroad, make sure you do you're homework, thoroughly....
30 Jan, 2007 - Two thirds of construction at Bansko “Essentially Illegal”
http://www.ifyouski.com/news/newsarticle/?ObjectID=7912515
re: Bansko - local knowledge required
Go and look at one of the blocks of apartments actually being built - the workmanship is really bad.re: Bansko - local knowledge required
You're absolutely right the best developments will generate rental - some developers are saying theirs is a 5* build but i don't particularly think lamindate flooring constitutes a 5* build. We have bought on the Orchard development which has teak flooring/granite worktops and although these apts are slightly higher priced than others, we believe certain people are prepared to pay for quality. Also this is a 10 yr plan - not a quick turnaround - 13 weeks rental per year will definitely ...
You're absolutely right the best developments will generate rental - some developers are saying theirs is a 5* build but i don't particularly think lamindate flooring constitutes a 5* build. We have bought on the Orchard development which has teak flooring/granite worktops and although these apts are slightly higher priced than others, we believe certain people are prepared to pay for quality. Also this is a 10 yr plan - not a quick turnaround - 13 weeks rental per year will definitely cover our mortgage
