However, in 2007 the market wasn't so intensive as usually, report from Address Real Estate, cited by profit.bg. A reason for the slow-down is NATURA 2000 ecology network, when last summer a ban on construction authorization was imposed until a cadastral map and register of the resort are established, from profit.bg reminded. A square meter of an apartment in Bansko costs about 1,000 EUR.
The most expensive are the flats near the lift station - 2,100 EUR/sq.m. By now Bansko is full of small buildings and apartments which bring foreigners with lower incomes. That's why many people believe that the resort needs more luxury buildings to attract wealthier buyers.
Britons who look for properties in Bankso are significantly less this year, due mainly to the credit crunch in the US and Britain, specialists share. The overbuilt situation is also a negative factor, support from profit.bg.
Local sellers start to rely more on potential buyers from Russia, Spain and Greece.
by News Bg
Dominique Perrault to design the new City of Sofia
Apr 30, 2009, News Bg
Open mall constructed in Burgas for 30 million Euro
Nov 12, 2008, News Bg
The Bulgarian Real Estate Market Still Major for Investors
Oct 02, 2008, News Bg
Russians Once Again on the Bulgarian Real Estate Market
Sep 05, 2008, News Bg
Peak Moment in Bulgarian Real Estate Market
Jul 22, 2008, News Bg
1 | 2 | 3 | 4
Motoroads Brand New Website
Jan 16, 2017, Motoroads
20 Things I Learned About Bulgaria
Oct 10, 2016, True Nomads
Motorcycle Hire in Australia
May 11, 2016, Motoroads
BMW Motorbike Rental in Istanbul and Ataturk Airport
Jan 25, 2014, Motoroads
Motorcycle Rental in Milan and Malpensa Airport
Jan 23, 2014, Motoroads
1 | 2 | 3