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Advice for buying ski chalets

If you plan to buy ski chalets, then you should read this article so that you will be able to come up with the best possible decisions. There are a lot of ski chalets for sale. As you know, buying a chalet is a long term investment. You will be able to use it personally and at the same time it can be a great source of income. The cost of ski properties is continuously rising over the years. Therefore, whatever your purpose of buying a ski property you will definitely enjoy a great advantage. Ideally, a person chooses to buy a ski property for personal use. However, throughout the years it can be a perfect income generating property. Not all people have the ability to buy a chalet. Hence if you own one, you can have it rented out.

There are a lot of chalets for sale. If you are searching for chalets for sale, the internet is the best place to be. If you want to buy ski apartments, there are also available ski apartments. In fact, the internet is offering multitudes of choices. Whether you are a ski enthusiasts or a businessman, you can definitely take advantage of ski properties. If you want your chalets to be rented, you can advertise it online. Most people who search for ski rental flood into the internet. There are different types of ski properties to choose from. The prices of the ski properties also vary. One great factor that can affect your choice is the budget. Through the internet, you will be able to find a ski property that would suit your needs.

At present the prices for ski chalets in Bulgaria is very competitive. Following the bubble years of 2004-2008 prices have dropped a lot recently and now it is possible to find chalets for sale in Bulgaria starting from just 100,000 euros. If you are looking for a chalet to renovate then you can find even cheaper properties in Bulgaria. Cheap village properties can be purchased for as little as 25,000 euros however you should be aware that the cost of renovation is often as expensive as a completely new build. Also with village properties the services and facilities expected by people who buy chalets are often available in these village locations. With prices for new build chalets and ski apartments at record lows we recommend that you focus on a modern chalet as it will be more comfortable and be easier to manage and maintain from abroad.

If you are looking for chalets for sale, choose the one that is more appealing to you. Skiers would definitely love to rent out the place if the ski property has an appealing ambiance. Choose the property that will give you a perfect location for skiing, but at the same time provides easy access to different amenities. The ski property should be close to nature, but not far enough for modernization. The choice of the property basically depends on your personal preference. If you are not personally using the place, you can open the place for rental. It would be a perfect source of income. You should also consider transport links. For chalets for sale in Bulgaria the best location is Borovets ski resort as this is the closest ski resort to the capital Sofia and closest to the main international airport. Distance to the airport is a very important factor for tourist travelling from abroad so if you intend to rent you ski chalet you need to consider this also.

Most ski enthusiasts do not just use the ski property just for their hobby. It is also a form of relaxation and stress reliever. So as much as possible, you should buy a ski property that has a relaxing ambiance. Try to find a location that is peaceful and surrounded by the beauty of the mountains. People who go on ski holiday tend to want to experience the real mountain nature and atmosphere. They do not want to feel like they are in a city. For this reason you should make sure that wherever you buy your ski chalet that the area is natural and not over developed.  This way the people will be enticed to rent in times you are not personally using the place. The internet offers multitude of choices for ski chalets for sale. There are different styles and features of ski chalets. The price depends on the features and style. With a huge array of choices, you can certainly find a ski property that would suit your needs and budget. The ski property real estate is offering different types of mortgage choices for prospect ski property buyers.

Ski property for sale – things to consider when buying ski property

More and more people are now taking winter sports holidays and the demand for good quality rental accommodation is growing consistently. This offers a good opportunity for owners of ski properties to reap huge financial returns for their smart investments. These handsome returns are a source of great attraction for many players seeking to enter the market and get its share of success. However there are some factors that such an investor must take into consideration before taking the plunge.

First and foremost an investor must seek to dig his or her money in a venture that would attract returns. Thus the investor should enquire into how frequent the ski property would be rented. This is an important aspect of the business because without customers renting the ski property, the investment would be meaningless. The investor needs to ask himself questions such as, how many people are willing to rent ski apartments. Would a ski resort attract a bigger clientele?

An investor should also put into consideration other activities that can be done in the ski property or around it apart from skiing. This is because most skiing happens during winter and thus the facility should be made for some other use during warmer seasons. The physical landscape around skiing facilities is usually stunning during summer and thus attracts guests who are into fishing, water rafting, and mountain climbing and so on. Thus location of the ski property for sale, be it a ski apartment or a ski resort should offer many outdoor activities. Read more…

Review of Bulgarian ski properties in 2011

The latest research from Bulgarian Properties real estate agency shows that 2011 was a slow year for ski property sales. Sales in the Bansko are were particular slow and prices for apartment in Bansko have dropped over 20% in 2011 alone. There is still a large number of available properties on the Bansko market and this is going to depress both sales and rental for some time into the future.

The average sales price for apartments in Bansko during 2011 was 35,500 euros whereas in 2010 the average sales price was 44,000 euros representing a drop of almost 20% over the 12 month period. The average price per m2 was 500 euro/m2 in 2011 down from 650 euro/m2 in 2010. The majority of sales in the Bansko area came from buyers looking to purchase very cheap ski properties. The sales volumes also decreased relative to the previous year. Read more…

BenchMark Fund invests in development plot in Borovets ski resort

Real estate investment trust BenchMark Fund Estates has signed a preliminary contract for the purchase of a 9,000 m2 development plot in the Bulgarian ski resort Borovets. The company plans to build a luxury Bulgaria apartments complex with a total built-up area of approximately 12,000 m2. Building will begin within the next 3 months and should be finished by mid-2009.
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Glavbolgarstroy to team with Deutsche Bank on Rila motorway project

Deutsche Bank has signed up to provide advisory services to Bulgarian property construction company Glavbolgarstroy and help it in the initial preparation and design phase of the Rila motorway project. The German bank will work with Glavbolgarstroy to prepare its bid for the construction of the Rila motorway which will connect the Hemus, Struma and Trakia motorways and also speed up the link to Borovets ski resort. The investment bank will not be financially involved in the project at this stage but is in principle interested in being involved on the financing element of the project. Read more…

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. Read more…

Opening ceremony held for Super Borovets Project

The ski property project, known as Super Borovets, which is located in the beautiful Rila mountains, had its official opening ceremony last Monday after several years of delays. The large property investment project includes the areas of Samokov and Beli Iskar and also several locations near the Bugarian ski resort of Borovets. The Bulgarian PM Sergey Stanishev, former king Simeon Saxe-Coburg and the Omani prime minister Qaboos bin Said  all attended the opening event. The Omani government is one if the main investors in the project.

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Bulgarian investment project to include new motorway link with Sofia

Part of the Bulgarian property investment known as the Super Borovets project will be the construction of a new motorway to link Sofia with the Borovets ski resort in less than 40 minutes. The new Rila Highway will create a link between Sofia and Samokov and drastically reduce the travel time between the capital city and Bulgaria’s most popular ski resort. The news about the new motorway was announce by Simeon Peshov from Glabolgarstroy and Georgi Krumov one of the directors in the Equest Property Investment Fund which is leading the investment in the Super Borovets project. The motorway will be over 80km long and will link the Trakia, Hemus and Struma motorways going through the towns of Samokov and Vakarel.

The first level of the investment project will be based outside Samokov and includes a gondola lift to take skiers to the Markudjik ski pistes. The idea is that skiers from Sofia can use the new motorway to quickly arrive in Samokov, park their cars at the base of the gondola and be on the top of the ski resort in just 30 minutes.  Overall the project expects an investment of over 500 million euros to produce one of the most modern ski resorts in Europe.

The expansion of Borovets ski resort begins

The long awaited development of Borovets ski resort is due to begin on Monday with the opening ceremony for the Super Borovets gondola connecting Samokov to the ski pistes at Markujik. The Super Borovets investment project has been modified to avoid the overdevelopment of cheap, low quality accommodation that has plague the other Bulgarian ski resorts of Bansko and Pamporovo.

According to Georgi Krumov (the director of Bulgarian property investment fund Equest Balkan) the plan is to develop Borovets ski resort into an all season resort and target tourists both during winter and summer. The overall development plan for the new Borovets properties will allow a construction density of 20%. When complete the project will include less than 4,500 properties and the target is to avoid overdeveloping the area and destroying the local nature. Read more…

Property Fund buys more Super Borovets property

Local real estate investment trust Super Borovets Property Fund said it has added three plots with a combined area of 20,284 sq m to the land its owns in ski resort Borovets. The deal price is 1.22 mln levs. The property investor now owns a total of 5 ha of land in Borovets. The company said it has no definite plans for the development of the land and said it will wait and see how the expansion of the resort pans out. Read more…

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