Bulgaria Ski discussion board

Terrible article about bansko in Routers.

Welshy Author:Gareth posts : 434   (Expert)Date : 11-05-08 14:19

Terrible article about bansko in Routers.

http://www.reuters.com/article/marketsNews/idUSL49872120081105?pageNumber=1&virtualBrandChannel=0


This is shocking - Bansko property developers are dropping their prices by 40% and the Lev might be unable to stay pegged to the Euro which will cause hyper inflation.

Mat Author:Mat posts : 1182   (Master)Date : 11-05-08 14:31

re: Terrible article about bansko in Routers.

I reckon to pick something up at 20 cents on the dollar this time next year. Happy days!
Welshy Author:Gareth posts : 434   (Expert)Date : 11-05-08 14:34

re: Terrible article about bansko in Routers.

If the above article is true then anyone who has paid a deposit/part payment then you may as well walk away from it and buy another at Half the price.

I had no idea prices had collapsed like this E600/mtr squared furnished MAX thats a 5 star development.


Feck.
MOs Author: posts : 13   (Beginner)Date : 11-05-08 15:07

re: Terrible article about bansko in Routers.

Welshy, have you bouhgt in the Pirin Golf? Do you know what the price per sq/mr is now for people buying today, it would be interesting to know. I know they are now tagging on furniture and a years golf membership, which I didn't get...thinking I bought a little early and am now taking a hit!!! Confused
Welshy Author:Gareth posts : 434   (Expert)Date : 11-05-08 16:05

re: Terrible article about bansko in Routers.

Yes I bought in Pirin Golf District 1. I'm having a look at it this weekend so will be taking lots of pics. Clearly I'll be seeing what the current prices are - however having spoken to a few mortgage providers Pirin Gold Country club has barely taken any hit on valuations whereas the town has taken a knock some worse than others - as you'd expect the best win and the dross fail.
MOs Author: posts : 13   (Beginner)Date : 11-06-08 11:04

re: Terrible article about bansko in Routers.

That's good to know Welshy,

If you could post the pics on the official Pirin Golf web site that would be great! Haven't seen any new pics for a while.

Have a good trip Booze