Become a ski pro


Skiing Brits find eastern property promise in Bulgaria

Bulgaria is cementing its lead as anthe Brits; other prominent ski areas such as
investment property hotspot for skiers andBorovetz and Pamporovo are also attracting
snowboarders looking to own a slice of theinterest. Borovets is Bulgaria's oldest ski
slopes. The country's recent accession in theresort which dates back to 1896 and offers
EU, together with the low prices andpistes up to 2600m above sea level.
plentiful property facilitated by thePamporovo's claim to fame comes in the form
building boom, are leading many Britishof its weather, and it's said to be the
skiers and snowboarders to leapfrog theirsunniest  ski  resort  in  Bulgaria.
traditional favourite ski spots in France,
Switzerland and Austria, in favour ofThere are also around a dozen other less well
Bulgaria's  more  modestly  priced mountains.known ski areas in the country, such as
Vitosha, Semkovo and Uzana, which are
The boom in property development incurrently more geared towards local weekend
Bulgaria's best resorts have meant that brandskiers rather than the international snow
new ski apartments can be snapped up for lesssports market, but these are likely to grow
than £30K. These low prices, combined within size in the coming years. The new
the preventive costs of getting on to thedevelopment around Razlog is getting property
British property ladder, means that manyinvestors excited as it will be combining a
young buyers are choosing Bulgaria for eitherski area with an 18 hole PGA golf course just
investment property, a holiday home or a way4km from Bansko, and is likely to attract a
of generating some extra income throughlot  of  interest  from  British  buyers.
rental  returns.
Though other European nationals have showed
As Bulgaria's premier ski resort, with theinterest in buying property in Bulgaria, the
best snow record and longest ski season (midBritish are leading the charge with an
December to mid may), Bansko has become theestimated 40,000 Britons now owning property
most popular location for British propertyin the country. And it's not just snow
investors to purchase. Previously perceivedseekers who are looking to buy; the Black Sea
by some as being a budget ski destination,beach resorts are also attracting adventurous
the $40 million investment in Bansko meanBrits searching for a Bulgarian property
that in terms of size and facilities, theinvestment with a healthy dose of sun and
resort is now competing with other moresea; the most popular places to buy are
established  favourites  in  Western  Europe.around the Varna area, in towns such as
Kavarna and Albena Beach.
However, it's not just Bansko that's big with



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