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Bulgarian Property & Real Estate News

Borovets Property ranked as top location for ski property

The Bulgarian ski resort of Borovets is listed in 6th position in the Sunday Tribunes Top 10 property investments for 2008. Dubai ranks first on the list as one of the world’s fastest growing cities. Also included are: Ibiza, Poznan, Toulouse, Geneva, Orlando, London, Hurghada and Silver Coast. Bulgaria property has been one of the hottest property markets in Europe for the last couple of years. But in the haste to snap up a bargain, the Bulgarian property market in some parts of the country has become a little too crowded and overdeveloped.

The UN World Tourism Organisation believes that by 2010 over 20 million tourists will be visiting the Bulgaria annually and according to the Global Property Guide, Bulgarian property had the fastest house price growth in 2007 with increases of over 30%. The Sunday Tribune articles has listed Borovets because it is due to receive huge investments as part of the Super Borovets project. Bulgaria is not as well known as other European ski areas but offers a lot in terms of price and the quality of ski instruction.

Source: Irish Sunday Tribune

If you are looking for Bulgarian real estate or off plan property in Borovets look no further than Concept Bulgaria.
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