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Since the return of democracy to Bulgaria in 1989, one of the most significant developments has been in the sphere of tourism and, parallel to it, a rapidly growing interest in realising hitherto unsuspected possibilities for foreign investments in real estate. The length of the Black Sea coastline, well-known in the 1960s and 1970s as the holiday playground of Bulgarian and the citizens of other Soviet bloc countries, has undergone a massive transformation into one of the most attractive talked-about destinations for European tourists, characterised enthusiastically as a second Costa Brava. How many, after their first unforgettable vacation, came back, this time looking to invest in new seaside apartments built off-plan in breathtakingly beautiful new property developments at incredibly low prices. Add to this the accession of Bulgaria as a full EU member state in 2007, and you understand immediately that the prospects are unusually attractive.
The renaissance in summer tourism on the Black Sea coast, matched by the huge increase of European, and especially British and Irish, investors in attractive developments, is complimented by the discovery by Winter Sports lovers of the excellent and almost unexploited possibilities of Bulgarian ski-resorts. Already prominent on the European – and even global! -ski-lovers list are resorts like Bansko, Borovets and Pamporovo. Well, watch out! Bansko is now projected as a candidate venue for the 2014 Winter Olympics! Bulgarians are getting everything ready for a unique Sports experience, which will impress the World Skiing community with the high standards of sports and tourist installations.
Bansko, about 160 km south of Sofia and 250km from the Northern Greek metropolis of Thessaloniki, has been called the Gateway to the Pirin Mountains. In fact, the entire region has been designated the Pirin National Park. The pretty and historic market town of Bansko, a notable centre of regional commerce from the time of the Bulgarian national revival of the 18th and 19th centuries, forms the vibrant heart of this new resort with global ambitions. Now you can see, side by side, historic monuments and new 5-star hotels, attractive traditional mehanas and state-of-the-art property developments. Vacationers will be impressed by the variety of clubs and pubs and places of entertainment for all tastes.
The conditions for Skiing are among the best in the Balkans. 17 ski-tracks with a total length of 65km cater for skiers and snowboarders of every level of achievement, from the very beginners to the most advanced, with the most exigent Alpine criteria.
By 2006, to cater for the increasingly high expectations of winter-sports lovers, more than 6000 apartments are being built in new constructions of the highest standards. Each of the developments has its own characteristic name, indicative of the way local Bulgarian architectural tradition is married with modern developments where attention has been given to detail. Beyond any doubt, the special attraction of these properties in Bansko is the incredibly low cost, matched by equally incredibly high quality.
Naturally, Allure Estates, with its hands-on expertise as an agent of Bulgarian property, has some superb apartments in its portfolio for discerning buyers, whether or not their primary aim is a winter residence or a prime investment opportunity.
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