Why Bansko?
Bansko is a small picturesque town located 160 km South from Sofia, at the foot of the Pirin mountains. This year-round resort with a population of about 10,000 people and infrastructure – shops, restaurants, bars, Spa centres, ski slopes, Golf club, schools, hospitals and many others.
70 km from Bansko at the moment building a new airport, which will serve Charter flights of airlines. The convenience of living and recreation in Bansko is its relative proximity to Sofia and the Mediterranean coast of Greece: with a Schengen visa you can drive to the beaches, which is just 200 km away.
Bansko is situated at altitude 936 m above sea level, and its highest peak is Vihren – 2915 metres above sea level. The ski slopes of the resort stretches for 75 km In the cold season, from December to early April, it attracts skiers for skiing on groomed slopes, spend your holidays in a cosy family atmosphere, tasting local delicacies and relax at affordable prices. In peak season Bansko is visited by approximately 50,000 visitors. However, the long-promised second lift had yet to be built – but experts say that its construction will have a positive effect on tourism that will affect the real estate market of the city.
Many believe exclusively Bansko winter resort – but it is not so: life does not stop here and during the summer, and in the period from June to September, the number of leisure increases markedly. Pirin Park that surrounds Bansko, enter into the list of UNESCO world heritage site – and the town is known as the gateway to the world of untouched mountain nature. In the vicinity of Bansko developed Hiking and eco-tourism, trekking, there are lots of Cycling routes, sports centre, Golf club Pirin Golf and Country Club, as well as thermal springs. The historic centre is rich in monuments of culture and history.
In August, Bansko becomes a musical capital of Bulgaria: for several days in the middle of the month it hosts the international jazz festival.
High season in Bansko is the period from December to early April and from June to September.
What can you buy?
The structure of the market of real estate Bansko "sharpened" at the reception guests staying here for a period of several days to a week or two. In the center of Bansko – a fairly dense development is characteristic of the popular mountain resort: so to rent or buy in the town mainly in terms of affordable Studio, one and two bedroom apartments and maisonettes in serviced apartment complexes (which often has a swimming pool, restaurant, fitness center, etc.). Selection of apartments here is impressive, and the style of buildings ranges from high-tech to the authentic Bulgarian property.
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A few kilometres from the centre of Bansko there and at home, in the very same town suggestions about selling them quite a bit. As with any resort, Bansko has the property of "luxury" segment, but prices are much lower – say, in comparison with Western Europe.
Golf enthusiasts will certainly seem attractive purchase apartments, villas or cottages on-site five-star Golf club Pirin Golf and Country Club, which opened in 2008. It is located 12 km from the centre of Bansko and surrounded by the mountains of Rila, Pirin and Rhodopi, featuring a championship course with 18 holes and well-developed infrastructure – spas, restaurants, boutiques, tennis court and sports complex.
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Property prices in Bansko are more than affordable level. The minimum cost of housing in the resort depends primarily on the quality of the building and its operation management company or developer. The average price for 1 square meters in a well maintained complex – 600 euros and is about 55 000 euros for a two bedroom apartment. Prices for small Studio or apartment start from € 15,000. The price may slightly increase depending on the proximity to the lift. The apartment next to him, as a rule, are in great demand among tourists, both in winter and summer.
The price of luxury apartments – say, at the Golf club Pirin Golf and Country Club, starts from 1200 euros per 1 sq. m. Apartment with one bedroom here will cost about 50 000 euros and a cottage with three bedrooms – 308 000 Euro.
The cost of houses in the secondary market (with two or three bedrooms) in the vicinity of Bansko starts from 70 000 euros.
Leading real estate Agency is recommended to purchase apartments in complexes with year-round management so buyer can be assured of continuous maintenance and adequate management at the time of delivery of premises in rent. And all that costs less than 600 euros per sq m, sold here "at your own risk", according to realtors. They should consult and the level of maintenance of the building in which you plan to purchase an apartment.
Experts note that today, when a significant decline in demand from the Russians (5-10 sales per month), you can expect a slight decrease in prices for our countrymen: but in General, the market situation will not be affected. So, recently, using the General reduction of prices on the market buyers are back from Greece and Macedonia: with their hand, there is fairly stable demand.
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Why buy?
Subsequent letting of property in Bansko – not the most profitable venture. The profitability of real estate here, as in most European countries, is 4% -5% per annum. Rent one-bedroom apartments in the high season is 50-100 euros per day, and decreased with the season up to 20-40 euros per day. House with several bedrooms in Bansko and its surroundings for rent for 150-200 euros per day. When interacting with an active agent or Agency property that can be rented to tourists all year round, but the yield is still not high.
Experts say that two or three years ago in Bansko there was a possibility of buying an apartment at below market price and estimated yield, increasing in regard to 10% -12%. Unfortunately, in most cases so alleged. Apartments in complexes with poor management were exposed at very low prices – and often by selling all apartments at the facility, the developer or the management company ceased operations in the building. Without a quality property management immediately lose in value and become less attractive to the owner, which is difficult to manage from the home country.
So today, Bansko is best viewed as a place for the purchase of "second home": those who have decided to spend in Bulgaria for part of the year or move here permanently. Developed infrastructure of Bansko allows you to live here comfortably all year round: buying property at a resort for families with children, lovers of ski and summer active rest, people, ready to organize in Bansko is a small business, as well as retirees who prefer to spend time in the lap of nature in a favorable climate.
Residence permit when buying property Bulgaria provides for transactions exceeding EUR 300,000: the average buyer spends in Bansko significantly lower. Some Russians who came to love Bulgaria with all my heart, acquire in the country a couple of apartments: one on the coast and the other in the mountains of Bansko.
How to get
The closest airport to Bansko is in Sofia (170 km). To Sofia from Moscow direct flights from such airlines as Aeroflot and Bulgaria Air, the flight lasts about three hours, the ticket costs approximately 17 000 rubles round trip. Transfer by car or bus from Sofia to Bansko takes about 2.5 hours.
Portal HomesOverseas.ru thanks for the help in the preparation of the manuscript Milena Milenkova (Imoti Bansko) and Sergey Kartsev (Zora Home).
photocredits: psvrusso / photolia
Olga Potaeva
HomesOverseas.ru
