The staggeringly beautiful Rhodopi Mountains provide a spectacular setting for mountain sports. In fact, the area offers some of the best skiing to be found in Europe and the mountains lend themselves to hiking, climbing, horse riding, hunting and fishing in the summer months.
The elite ski resort of Pamporovo is the perfect place for the more up-market holiday maker. It's the San Moritz of Bulgaria, with apartments selling at an amazing €650 (£448) per square metre and a potential year round rental market. This income is easy to appreciate when you realise that Plovdiv airport is less than an hour's drive away, and that during the summer months, Pamporovo is the hottest mountain in Europe. Other reasons to invest in Pamporovo, Smolyan and Stoikit are that a new road linking directly into Greece has begun just 15 minutes away an 18 hole golf course is to be developed. The resort will also feature new ski runs, linking to two other ski resorts with a combined length of an amazing 55km, snow cannons, 24 new ski lifts, a new shopping village, more shelters and ski rental services, roofed parking lots, more leisure facilities to include tennis courts, more swimming pools, ice rink and much more.
This project is backed by local and international institutions; this whole project will absorb a minimum of 225 million Euros. Just imagine what all this will do to capital returns of property in this area. The prices of apartments are set to soar. If you are serious about investing in this beautiful country, Pamporovo is by far the best place to realise on your capital return.
While there is development in the area, Pamporovo is not over developed like Bansko and some other Bulgarian resorts. This makes the resort an increasing attractive investment and holiday proposition. Property prices in Pamporovo are still below Bansko and Sunnybeach, and its proximity to Plovdiv (the second largest city in Bulgaria) and the Greek and Turkish borders provide easy access for the tourists and investors. With Geographical advantages like these, the capital growth of property should continue into the foreseeable future. Bulgaria has a rich a colourful history, clearly evident in the Roman amphitheatres, Thracian tombs and Turkish fortresses dotted around. And the grandeur of the countries numerous monasteries - all 160 of them - will impress the staunchest of atheists. As far as property investment goes, Bulgaria is like Spain ten years ago, however due to it's unique position and blend of European and Asian culture, it is a country unlike anywhere else. There is no doubt in my mind that I can conservatively say that you can gain at least 80% on your capital return in Pamporovo and the nearby villages, and I am personally invested in this development, but with the potential gains of;
Last year witnessed average price rises of 29%, even before EU entry. With low investment levels and prices for deluxe apartments starting at £19,000, investors can still take advantage of the country's massive tourist income potential for years to come. Pearl are Bulgaria's leading established property consultants, open to talk to investors every day of the week, from 10am - 10pm. Pearl is both UK and Bulgarian based, and all staff have a extensive knowledge of the area. Their staff are friendly yet professional, there is no hard sell, and they offer a tailor made service to meet your needs. They also offer flexible payment plans and excellent after sales service. Pearl is the only Bulgarian property consultancy that offer an in- house legal expert that will provide free advice, while their HVAC specialist and independent structural engineer ensures that all properties which they recommend meet the highest specifications. Clients funds go direct to the developer, developers bank guarantees are sorted by their legal expert, and you'll find Pearl up front about all related charges, they are transparent. As a company they pride themselves on using low pressure sales, no hassle sales techniques. Wherever possible they meet clients in person, provide up to date DVD's of developments, and on many occasions a member of the Pearl staff will accompany clients to view their properties on location in Bulgaria.
For more details contact Amanda, Karman, or Jamin (Pearl's friendly staff) - call 0800 047 0466, email info@pearlproperty.net