Bulgaria Ski discussion board

The only thing that will bring Bansko property prices back to where they were 2 years ago is inflation - and even with a high rate (which we don't have) it'll take many years. I very much doubt they will ever reach the same real rates, which is quite normal if you buy in a bubble. The best thing going for you (if you are a Brit) is the exchange rate as that is pretty much going to remain below 1.15 for the long term and you probably bought at 1.40 ish.

So your property lost half its value but you gained a bit back on the exchange rate. It could be worse - you could be Irish.

Maybe the market has bottomed because we are down now to virtually the build cost, around 400E a metre furnished is not uncommon. There are still developments being built which may have started in the last two years, and others approaching completement. The market where the Brit is concerned is flat but other nationalities are still investing, Greeks, Rumanians, Russians who have not been so effected are still having a dabble, especially with the prices as they are...
Mats right about the exchange, has benefitted some who have been able to sell at a loss on paper, but have escaped barely losing any money in real terms... Mat, the comment about the Irish is just vicious and what with the airlines cancelling flights ?? its like a conspirasy