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NEWSLETTER
December 2008

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Global House Prices

Knight Frank released a recent report about falling global house prices. It conveyed that while a lot of countries are suffering from falling house prices, Bulgaria was one of the countries that reported growth for the fourth consecutive quarter, showing a total growth of 32.2% over the year. You can read more about this article here.



Ice Rink

In October we mentioned that there was a new ice rink being installed in Samokov for the winter season. It  opened a few weeks ago and it seems to be providing great entertainment for people both in the afternoons & evenings.



Borovets Pistes

The new four-seater chair lift on the Markudjik-2 piste has been installed in time for the start of the 2008/2009 ski season, much to the delight of skiers here.

Also the work on installing the snow cannons on the Yastrebets pistes has been done and these will be in operation for this ski season.



Welcome to our December 2008 newsletter


Highlights of 2008

It has been a very busy and exciting year for Concept Bulgaria and our clients.  If we take a look back over the last number of months quite a lot has been achieved.

June 2008 - we broke ground and started the excavations for Chamkoria Chalets.

July 2008 - the base layer foundations started on the apartment building and the chalets.

August 2008 - the complex water and drainage systems were put in place in the basement of the apartment building. Chalets 1-6 reached first floor level.

September 2008 - we reached first floor level on the apartment building.

October 2008 - the first roof of the complex was completed on chalets 5 & 6. Brick work started on the chalets and the apartments.

November 2008 - the concrete roof construction of the apartment building was completed.  The first phase of plumbing and electrics takes place in the chalets.

December 2008 - all chalet roofs have been finished. The first phase of plumbing and electrics gets underway on the apartment building.


Chamkoria Chalets Website

Now that the building work on the Chamkoria Chalets complex is progressing well we are starting to turn our attention to the future rental marketing of the properties. To help owners to maximize their rental return we plan use a number of methods to market the complex. The marketing strategy will involve international tour operators, local Bulgarian holiday companies and also a number of websites to promote the complex.

The new Chamkoria Chalets website has just been launched. It is currently available in draft format in English and Bulgarian. Other languages that are important to the rental market will be added at a later stage. Over the coming months the website will be optimized for internet search engines such as Google. This will ensure that tourists searching for Borovets accommodation can easily find Chamkoria Chalets. Later in the year we will follow up with another portal for booking accommodation. Owners who use our rental management service will be able to advertise their properties on both these websites.

You can have a look at the new website here: www.chamkoriachalets.com



Concept Bulgaria would like to wish all our clients a very Happy Christmas and Best Wishes for 2009.

 


Warm Regards.

Concept Bulgaria OOD

www.conceptbulgaria.com