Obelisk International Notes Exciting Shift in Bansko Property Market
March 08, 2007 (PRLEAP.COM) Business News
In the light of recent developments to the area and further investment promised this year, Obelisk International notes that the resort of Bansko is rapidly becoming one of Europe’s most exclusive ski resorts, making this the optimum time for investment while the property market is still accessible to the ordinary investor. An early sign that Bansko is leading the way forward for Bulgarian tourism is its five-star Kempinski Hotel situated on the edge of the piste, where facilities include a vitamin bar, spa and cigar lounge. The fact that Bansko was chosen as the location for this prestigious hotel, which last month was selected as a member of the Leading Hotels of the World, both confirms the area’s exclusive status and contributes towards a secure and profitable future for all investments in the area.Bansko was originally set apart from other comparable European ski resorts when a multi-million pound investment was put towards building a modern lift system with a “village” of holiday accommodation at the foot. In addition to its state-of-the-art facilities, the property professionals at Obelisk International note that the resort has the intrinsic and fundamental advantages that ensure its appeal goes beyond its exclusive facilities. Bansko has the longest ski season and best record of snow of any Bulgarian resort, ensuring demand from true winter sports enthusiasts as well as those who are attracted by its high-end facilities. That said, its reputation as an elite option for a European ski destination is set, and rumours reported in the press are that it will soon host a members-only resort, the like of which has taken off among the wealthy of the US.
Going forward, recent reports detail more developments in the pipeline for Bansko. Currently due to be built is a new 65km lift system, a motorway to the airport and a golf complex neighbouring the resort. This was supported by news in February that in the region of Blagoevgrad, the largest investment program will be in Bansko, for the second year running.
According to Obelisk International’s Market Analyst, Veronica Castro, the combination of these factors is an indication of the investment potential of the resort: “Experienced real estate investors will always endeavour to pinpoint the optimum time in an area’s development for investment. Bansko in Bulgaria is showing all the signs that its property market is at that crucial stage, with affordable properties available and a highly positive outlook for the future.”
For more information on global investment opportunities and to find out about Obelisk International's latest projects, contact Kevin Prior, Sales Director, Obelisk International. +34 952 820 319 or kprior@obeliskinternational.com
About Obelisk International.
Obelisk International is a real estate investment company providing global investment opportunities that offer security, tangibility and impressive financial performance. Their service to investors is based upon three main principles: price, profit and performance.
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