The resort apartments segment of the real estate market in Bulgaria is growing at an increasing pace, real estate consultants Colliers said on Tuesday.
The number of such properties in the mountain resorts grew by more than half in the first six months of the year to reach 76,500 at end-June.
The growth was most significant in the Bansko area, including Razlog, which accounts for 78% of the new supply, Colliers said.
Supply in Black Sea resorts rose at a slower pace, but still recorded an impressive 39% growth, or a total 13,500 apartments, in the same peiord.
Sunny Beach continues to account for more than one third of the supply in this segment, other resorts saw accelerated development as well.
In St. Vlas and in Sozopol holiday homes supply increased by 52% and 62% respectively, Colliers said.
But the overall sales prices in the resort apartments segment remained unchanged for the past half year as supply continues to outpace demand.
Price ranges remained within last year's limits between EUR 800 and 1,700 per square meter, according to Colliers' data.
Friday, October 12, 2007
Bulgaria Holiday Homes Supply on the Rise
Monday, August 20, 2007
Bansko atractive ski destination
About town:
Bansko is among those Bulgarian towns which Fate had destined to play a noteworthy role in the historic development of our, nation especially during the colossal national upsurge during the Revival Period. Its achievements cannot be touched by the relentless passage of time. They lie in the unique houses of Banskalii with their tall pinewood gates and carved-wood ceilings, in the architecture and the fine iconostasis of churches, in the daring brushstroke of the icons painted by local iconographers, for here Past and Present are interwoven in a way that is at once distinctive and original.
About property development:
Winslow Developments is an international investment company, working in collaboration with leading financial funds and big international property agencies. Going by its cooperative experience and knowledges, Winslow offers to the clients attractive opportunities to invest in the mountain resorts and in Sofia.
About residental complex:
The complex Mountain Residences is situated in the town of Bansko and consists of three buildings only a 400 m away from the first station of the ski-lift. The owners of the apartments and the guests enjoy the restaurant, covered pool, saunas, jacuzzi, fitness, hall for games and lobby bar. Every building has an elevator and ground and underground parking. This is one of the cosy and luxurious complexes, realized proudly by Winslow Developments.
