Bulgaria Ski discussion board
Why Do People HAVE To Buy Properties
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posts : 13 (Beginner)Date : 03-18-06 23:18Why Do People HAVE To Buy Properties
You just wonder sometimes. (Well I do anyway.)
Everyone keeps saying that they don't want the Bulgarian resorts to get overcrowded, and want them to remain quaint and personal. Amen to that.
Yet so many people are also hell-bent on buying up property there mainly for personal gain.
The more properties sold, the more they will build, and continue to build until the whole place is swallowed up by yuppies who have no love of Bulgaria, but just see it as a way to make a fast buck ...
Everyone keeps saying that they don't want the Bulgarian resorts to get overcrowded, and want them to remain quaint and personal. Amen to that.
Yet so many people are also hell-bent on buying up property there mainly for personal gain.
The more properties sold, the more they will build, and continue to build until the whole place is swallowed up by yuppies who have no love of Bulgaria, but just see it as a way to make a fast buck ...
You just wonder sometimes. (Well I do anyway.)
Everyone keeps saying that they don't want the Bulgarian resorts to get overcrowded, and want them to remain quaint and personal. Amen to that.
Yet so many people are also hell-bent on buying up property there mainly for personal gain.
The more properties sold, the more they will build, and continue to build until the whole place is swallowed up by yuppies who have no love of Bulgaria, but just see it as a way to make a fast buck.
Why oh why can't you people just leave it as a holiday destination that we all enjoy once in a while.
This practice has already all but ruined Sunny Beach and now it's the winter resorts turn.
I'm all for Bulgaria progressing and improving their worldy standing, but these resorts just cannot cope with the influx of thousands of people just seeking to further their own cause, without a single thought as to the consiquences.
End of rant
PP
Everyone keeps saying that they don't want the Bulgarian resorts to get overcrowded, and want them to remain quaint and personal. Amen to that.
Yet so many people are also hell-bent on buying up property there mainly for personal gain.
The more properties sold, the more they will build, and continue to build until the whole place is swallowed up by yuppies who have no love of Bulgaria, but just see it as a way to make a fast buck.
Why oh why can't you people just leave it as a holiday destination that we all enjoy once in a while.
This practice has already all but ruined Sunny Beach and now it's the winter resorts turn.
I'm all for Bulgaria progressing and improving their worldy standing, but these resorts just cannot cope with the influx of thousands of people just seeking to further their own cause, without a single thought as to the consiquences.
End of rant
PP
re: Why Do People HAVE To Buy Properties
It is called "greed", that is why!In any case, it is not our fault that the current infrastructure cannot cope with the influx of tourists, it is the Bulgarians' fault who are not doing anything about it. And it is the Bulgarians who are greedily building these appartement blocks - it is them who are destroying their country. Leave them to it, I will say. In any case, Grenoble is a far greater place than any Bulgarian resort!
re: Why Do People HAVE To Buy Properties
Strange reply John, not sure where you're coming from.Supply v demand. You buy they build. You buy more, they build more. But your comparison with Grenoble as you put it, is pretty low in my opinion.
PP
re: Why Do People HAVE To Buy Properties
Dont be so presumptious Pete,If you dont know everyone personally,........and I certainly believe you dont, then you have no right to generalise and question peoples motives.It is a free market and people are entitled to build security,develop an additional income source,leave a legacy to their kids or do what ever they want to with their hard earned cash as long as they operate in an honest and ethical manner.I wish Aviemore in Scotland was the way it once was in the late sixties but times ...
Dont be so presumptious Pete,If you dont know everyone personally,........and I certainly believe you dont, then you have no right to generalise and question peoples motives.It is a free market and people are entitled to build security,develop an additional income source,leave a legacy to their kids or do what ever they want to with their hard earned cash as long as they operate in an honest and ethical manner.I wish Aviemore in Scotland was the way it once was in the late sixties but times move on and if the Bulgarian goverment want to build their economy then that is their right to do so.
re: Why Do People HAVE To Buy Properties
At what price I wonder.And why are people asking what price they can rent their properties out for before they have even bought them.
I am not disputing that it's a free market, but as for building legacies for their kids, pull the other one.
Of course I dont know everyone, but I dont need to to see whats happening. As for the Bulgarian government, most of the property investors and developers are Spanish!!!!!!!
PP
re: Why Do People HAVE To Buy Properties
HiI aggree with Pete on this one.
The same sort of thing happened to many small beach resorts in spain, in the late 70's and 80's. In the end they were just a sprawling towns of hotels and appartments with abbsoloutly no charm or character left! Thats when we stoppped going!!
I just hope the same doesnt happen to Bulgaria.
Garry
re: Why Do People HAVE To Buy Properties
Pete, if you really love Bulgaria you will want it to progress. More building = more jobs, more tourism = more jobs.Do you honestly think that without foreign investment the resorts would ever meet there full potential? By wanting them to remain small and cosy don't you think that it is you who is being selfish here? The Bulgarians (those you profess to love) will benefit but the tourists will ultimately be the losers.
re: Why Do People HAVE To Buy Properties
That one way of looking at it chris, but it's all ass about face.
We know the resorts are almost fit to bust now, and if you look at Sunny Beach..... there are over 8,000 properties for sale there, and about 8,000 agencies trying to sell them. The development has done nothing for employment in Bulgaria, as unemployment now is 15% higher that when they were a communist country, so that argument doesn't stack up.
I personally do not see this as a way forward for the resorts, the country, ...
We know the resorts are almost fit to bust now, and if you look at Sunny Beach..... there are over 8,000 properties for sale there, and about 8,000 agencies trying to sell them. The development has done nothing for employment in Bulgaria, as unemployment now is 15% higher that when they were a communist country, so that argument doesn't stack up.
I personally do not see this as a way forward for the resorts, the country, ...
That one way of looking at it chris, but it's all ass about face.
We know the resorts are almost fit to bust now, and if you look at Sunny Beach..... there are over 8,000 properties for sale there, and about 8,000 agencies trying to sell them. The development has done nothing for employment in Bulgaria, as unemployment now is 15% higher that when they were a communist country, so that argument doesn't stack up.
I personally do not see this as a way forward for the resorts, the country, or the people. Maybe I am an old fool that cant see the wood for the trees. But carry on this way and there wont be any trees to see.
PP
We know the resorts are almost fit to bust now, and if you look at Sunny Beach..... there are over 8,000 properties for sale there, and about 8,000 agencies trying to sell them. The development has done nothing for employment in Bulgaria, as unemployment now is 15% higher that when they were a communist country, so that argument doesn't stack up.
I personally do not see this as a way forward for the resorts, the country, or the people. Maybe I am an old fool that cant see the wood for the trees. But carry on this way and there wont be any trees to see.
PP
re: Why Do People HAVE To Buy Properties
Agree about the trees!I struggle to link a 15% drop in employment to an increase in tourism? You clearly have a much greater knowledge of Bulgaria than I. But someone has to work in the 8,000 estate agents, someone has to build the apartments, someone has to teach people to ski and someone has to cook food and pull pints.
Interested in your comments about Sunny Beach. I was thinking of doing a summer holiday there in 2007. Presume that this would not be your recommendation?
re: Why Do People HAVE To Buy Properties
My point is that in spite of Sunny Beach being developed so much over the last 3 years, and accomodation and properties springing up everywhere, the unemployment has risen by a considerable number. The employment of Bulgarian workers have not benefitted from this explosion
but foreign companies have.
Sunny Beach is still worth a visit, a great place to go, but it's getting more and more like Benidorm rather than the beautiful resort it was.
If you want to take a look at Sunny Beach, ...
but foreign companies have.
Sunny Beach is still worth a visit, a great place to go, but it's getting more and more like Benidorm rather than the beautiful resort it was.
If you want to take a look at Sunny Beach, ...
My point is that in spite of Sunny Beach being developed so much over the last 3 years, and accomodation and properties springing up everywhere, the unemployment has risen by a considerable number. The employment of Bulgarian workers have not benefitted from this explosion
but foreign companies have.
Sunny Beach is still worth a visit, a great place to go, but it's getting more and more like Benidorm rather than the beautiful resort it was.
If you want to take a look at Sunny Beach, click on the link below and it will transfer you to our sister site.
just click here
PP
but foreign companies have.
Sunny Beach is still worth a visit, a great place to go, but it's getting more and more like Benidorm rather than the beautiful resort it was.
If you want to take a look at Sunny Beach, click on the link below and it will transfer you to our sister site.
just click here
PP
