A great choice of investment propertiesWith over £20 million of investment, Bansko in Bulgaria is set to take European skiing to a whole new level.
According to leading overseas property agents, Avatar International, there has never been a better time to invest in Bansko, having just been named Europe’s most improved ski resort in the Great Skiing and Snowboarding Guide 2006 awards.
Amar Sodhi, Managing Director of Avatar International comments: “Bansko has undergone extensive regeneration and investment in recent years and is therefore showing all the signs of becoming one of Europe’s ultimate skiing destinations. In my opinion, it has got everything; the best snow record and longest ski season of all the Bulgarian resorts, as well as its appeal as a summer holiday destination, making it a very promising resort in which to invest.”
Avatar International has recently launched two developments in Bansko, which both offer excellent investment potential. The first, Sunrise-Mountain Paradise, comprises 154 studio, one and two bedroom apartments and offers stunning views towards the Pirin, Rila and Rhodope Mountains.
Situated just 300m away from the new gondola lift station, Sunrise-Mountain Paradise has a wide range of onsite facilities. For rest and relaxation, there is a fully equipped spa with massage centre, sauna, jacuzzi, fitness centre and indoor swimming pool. For après-ski, there is a tavern, restaurant, barbecue and a cocktail bar. Other facilities include 24-hour year round security, an underground car park and a selection shops.
Each apartment is fully furnished with everything taken care of, right down to the soap dish and bath towels, saving purchasers a huge amount of time and money whether they are buying as an investment or a holiday home.
Sunrise-Mountain Paradise is due for completion in July 2007. Prices are from €51,279 for a studio apartment and the developer is offering an eight per cent rental guarantee for three years.
Avatar International has also recently launched Edelweiss Inn, a superb new development of 42 studio, one and two bedroom apartments situated at the foot of the scenic Pirin mountains in Gramadeto, the newest and smartest area of Bansko.
Located between two four-star hotels, Edelweiss Inn is just 200 metres away from the new gondola lift station. Externally, the development is designed in a traditional Bansko style with a mix of attractive stone and wood. Inside, kitchens and bathrooms are fully fitted and each apartment benefits from its own terrace.
The excellent onsite facilities include a bar, a fitness centre with a solarium, sauna and jacuzzi and underground parking. Prices at Edelweiss Inn are from €51,000 for a studio apartment and from €57,164 for a one bedroom apartment. The development is due for completion in March 2006.
The skiing area of Bansko has 11 marked ski runs and four ski tracks with a total length of over 25 km to suit a variety of skill levels and age ranges. The resort offers a combination of state of the art facilities combined with the historical charm of a medieval Baltic town.
The most direct route to Bansko is via Sofia airport with daily flights throughout the year and a transfer time of two hours.
For further information on Sunrise-Mountain Paradise and Edelweiss Inn, contact Avatar International on telephone: 08707 282 827
Orpheus Valley, a new development in the ski resort, Pamporovo. Orpheus Valley, development / property details: 80 luxury apartments (24 studios, 28 one-bedroom and 28 two bedroom) just 900 metres from the Pamporovo ski runs. Externally, the development replicates typical Rhodopi ancient architectural style. All apartments have mountain views.
· 24 hour reception and concierge
· Swimming pool, three saunas and two steam baths
· Fitness centre / gym
· Secure private parking
· Landscaped communal gardens with outdoor barbecue
Location / resort details: Pamporovo is the most Southern ski resort in Europe. It is situated 1650m above sea level, at the foot of peak Snejanka (1926m) in the picturesque Rhodopes Mountain.
· Over 20 runs (including a ski run for giant slalom) and three cross-country runs
· A first class system of chair-lifts and drag lifts
· Variety of shops, bars, restaurants and nightlife
· Pamporovo is within 85km of Bulgaria's second-largest city; Plovdiv. It is only 1½ hours by car from Plovdiv airport
Price: From €31,622 (£21,658) for a studio apartment €64,254 (£44,009) for a one bed apartment and €75,532 (£51,734) for a two bed apartment (conversion rates are based on €1.46 to the pound).
Sales contact: Avatar International on telephone: 08707 282 827
Santa Marina, Sozopol: Property: Studios, one and two bedroom apartments.
Details: The development is situated in the charming town of Sozopol on Bulgaria's Black Sea coast and will comprise 28 villas containing one and two bedroom apartments, as well as studio apartments. Due to be completed in May 2006, the development, which will also have its own restaurant, bars and a shop, has been designed to reflect the local architecture of Sozopol. Santa Marina adopts traditional building techniques to ensure a development which is sympathetic to the surrounding environment. The apartments are built to mimic local architectural styles with stone built ground floors, traditionally important to keep homes around the southern coast of the Black Sea and Mediterranean cool, wooden upper floors and even the sloping red roof tiles local to the area.
With over 2,600 years of history, Sozopol has a wealth of buildings and relics from different periods, ranging from Graeco-Roman structures to classical sculptures, which is one of the reasons it is equipped to host the Apollonia International Art Festival at the beginning of September each year, which attracts thousands of visitors both from Bulgaria and from overseas. The beaches are the other main attraction in Sozopol with two long sweeps of sand dominating the coast.
Price: Studios: € 56,500 / £37,000, one bedroom apartments: € 89,200 / £61,950, two bedroom apartments: From € 107,300 / £74,350
Sales information: Avatar International 08707 282 827