Bulgarian Ski property

Bulgarian Ski Resorts 

With some of the largest mountain in Eastern Europe, good snow and excellent vertical, Bulgaria has become a destination for skiers in recent years. For those foreign buyers interested in ski resort residences, either for personal use or to use as rental property, Bulgaria continues to offer very good value and appreciation.

The three most popular resorts in Bulgaria for skiing are Bansko, Borovets and Pamporovo. Bankso is the newest and most rapidly growing resort in the country. The town of Bansko is situated nearby the river Glazane (left feeder of Mesta River) in the north- eastern foot of Pirin, right bellow the highest and most beautiful part of the mountain. Its name comes from the old Bulgarian word “ban”, which means “master”. It is being developed with an eye as a year-round resort and has golf courses and other summer activities. It has 1630 meters of vertical, putting it on par with some of Europe’s best ski areas. There are many off-plan apartments and villas in Bankso available for those looking to purchase, and its year-round season makes it a great place for overseas investors.

Borovets is the oldest ski resort in Bulgaria and is also the closest to Sofia, the capital and largest city, just 72 km away. It is situated on the conterminous Borovets col and on the northern slopes of the Mousala ridge in the eastern part of Rila. The ski area is the main attraction, with 1230 meters of vertical, a gondola lift and excellent facilities, but the whole area is undergoing a huge development. The Super Borovets Project is aimed at regenerating the whole region. This project will improve the infrastructure and the housing in the area.

Pamporova is the smallest ski resort of the three majors, and is also the farthest away from Sofia. It is serviced by its own regional airport, though, in Plovdiv, 85 km away. Pamporova is the least developed of these resorts, and offers the lowest prices for those looking to purchase.

Property values in the ski resorts have appreciated at considerable levels in recent years, and are expected to continue to do so as Bulgaria gains entry into the EU. As more and more Europeans and Britons discover the accessibility and low cost of Bulgaria, prices are expected to rise in the 10-15% range annually.