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The oldest Bulgarian resort  Borovets

Today Borovets is the biggest, first-class mountain resort in Bulgaria. Spread out on the bordering Borovets pass as well as along the northern slopes of Moussala Ridge of Eastern Rila, amongst centuries-old coniferous forests. Its altitude above sea level is from 1230 to 1390 m and its climate is one of the healthiest. It is pleasantly cool here in summer (the average July temperature is 15.2°С), and the winter is mild and snowy (the average January temperature being 4.8°С).

 

Borovets is connected to Samokov (12 km), Sofia (72 km), Kostenets Station (27 km), Doupnitsa (52 km) by a first-class road network. There is regular bus transport to them, the buses to Samokov running every 30 minutes.

 

The genuine charm of Borovets can be seen and felt in winter. Then harmony with nature is complete. The perfect opportunities for practising winter sports and skiing most of all attract thousands of fans of the mountains from Bulgaria and abroad. At their disposal are over 45 km of ski-runs varying in difficulty and grouped in 3 regions: Sitnyakovo - Martinov wooden chalets - 8 ski-runs, Markoudzhik - 4 ski-runs and Yastrebets - 3 ski-runs. The Yastrebets ski-runs are first-class and all the ski races of greater significance within the resort are held on them. Rounds of the World Cup on ski-Alpine disciplines are also held here. The Alpine skier Peter Popangelov, the Bulgarian legend in winter sports started from here, too. He contributed a lot to the international recognition of Borevets. There are dozens of ski-running and biathlon tracks, too. The resort is the regular host of races held in these sports.

 

Facts and figures for the existing ski infrastucture:

 

• height of the resort / beli iskar/ 1130m; borovets 1300m

• highest skiing area: 2550m

• total length of existing slopes: 58 km

• length of cross country runs: 35km

• longest run: 12km

• lifts: 1 gondola; 3 four chair lifts; 10 drag lifts

• night skiing: 4 slopes available from 17:30 to 21:00 in the active season.

 

 

Why Invest in This Area?

I had noticed the property market over there has a 'slow down'' however what is happening in the UK and US has no effect on property prices over here. The main reason is there are very very few Bulgarians that buy using a mortgage.

The market over here continues to grow, driven by EU, foreign and developer investment.

For the Samokov area, there is in place a long term planned development connected to the nearby Ski Resort, Reservoir and Spa. It is very difficult to find a town house for sale here, only a few apartments and new build apartments. The land in Samokov has risen in price quickly as the planned developments come into place, for instance the plots close to the new Gondola have risen from 30 EUR psqmtr to over 150 EUR psqmtr in the last two years. The new Gondola project at the edge of the town started build with huge media coverage and was attended by the Bulgarian PM, amongst others and all major developers and investors from around the world. (I Attended this) This was only 8 weeks ago, and the project continues as a National Priority. The farm plots around that area on the edge of Samokov have all been re-arranged with all infrastructure (roads, supplies, phone, cable, parking, pavements, street lighting and such) included, and what was land worth 15 EUR psqmtr is now being sold as controlled building plots under regulation at around 185 EUR psqmtr

Although of major importance, the above 'Super Borovets Project' is only one of many changes that are planned, in motion and completed in this area. A new large supermarket opened in the town a few weeks ago. A large indoor sports complex is nearing completion. A month ago they finished a new road and bridge across the river. There is a new bypass in place which will form a main artery for transport between Greece and the main Bulgarian Motorway (Tracean). The newest project yet to be started is in the area south east of Samokov around parts of the Iskur Reservoir with developments close to the new main access road. I haven't yet touched on plans for the nearby spa area.

Lessons have been learnt from two areas in Bulgaria, on the Black sea resort Sunny Beach, and the Ski resort Bansko through over development and too many huge apartment blocks and hotels causing over-availability and in some cases prices to drop. The developments here are all controlled and limited, with huge 'Green' areas in place (Nature 2000 Project)

All the above gives a lot of security and opportunity for minor and major investors alike, with great potential for growth and profit.

I hope that has answered your question about the property market here. If you want any more info, photos or plans about any of the above, please ask. Check out our website for land and property

The oldest Bulgarian resort Borovets
The oldest Bulgarian resortBorovets Today Borovets is the biggest, first-class mountain resort in Bulgaria. Spread out on the bordering Borovets pass as well as along the northern slopes of Moussala Ridge of Eastern Rila, amongst centuries-old coniferous forests. Its altitude above sea level is from 1230 to 1390 m and its climate is one of the healthiest. It is pleasantly cool here in ... » Find out more
   
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Maps of Bulgaria:

http://www.bgmaps.com  

 

Airports of Bulgaria:

http://www.sofia-airport.bg

http://www.bourgas-airport.com

http://www.varna-airport.bg

 

Internet Map
     bourgas.org