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TOP News

06 December 2008: We have published new photos of the show apartment at Balkan Heights, with interior decoration by La Diva Design.

30 September 2008: We now offer lovely and inexpensive furniture packages from La Diva Design interiors. Furniture packages for both ski and seaside apartments are available. You can view furniture packs at our showroom in Bansko and our show apartment at Balkan Heights. Sales enquiries to sales@ladivadesign.co.uk  0161 408 0725 (UK)

27 August 2008: Balkan Heights has been issued with Act 16 (Permit of Usage) by Bansko Municipality today, 27 August 2008. The final payment to the developer is due upon the issue of this certificate and we have contacted all buyers about that. Latest pictures are published in the Gallery.

15 August 2008: We have published for sale Varna building land of 53,572 sq m (13 acres). The land is 3 km from Golden Sands resort. Its prices are between 30 and 55 euros per square metre. For the purposes of comparison, building land in Golden Sands costs 1,000 euros per sq m.

07 August 2008: Construction has been completed at Elizabeth Court and Act 15 has been issued by Sozopol Municipality. There are new pictures in the Gallery. The final payment from all buyers is now required. If any Buyers are interested in re-selling their houses or apartments, please contact us at sales@balkanskichalet.com, or on 00359 889 633 086. Three townhouses are for sale at Elizabeth Court, Sozopol. Prices from 155,000 euros. From here you can stroll in two minutes to the beach of Kavacite. There is a 5-minute video on YouTube.com about Elizabeth Court.

10 July 2008: EasyJet will start flights between Manchester and Sofia on 11 December 2008. Here is a quick update on cheap airlines operating to Bulgaria:

22 June 2008: In a change to Bulgarian law, Russians who own a property in Bulgaria now have the right to receive a 3-year multiple-entry visa to Bulgaria. This will significantly add to demand for Bulgarian new build property.

18 June 2008: Prices at Victoria Villas on the Black Sea coast have been cut by 33% from 1,200 to 800 euros per square meter. This price only applies to Building 3D (which is already built) and Building 3C (above the restaurant). Studios with sea views are available at 26,624 euros. These discounted apartments are selling quickly.

17 June 2008: Aer Lingus has launched Ireland's first scheduled flights to Bulgaria with flights to Burgas beginning in mid-June. The service will operate seasonally. Also, starting October 26, 2008, Aer Lingus will operate direct, twice a week flights from Dublin to Sofia.

15 May 2008: Frommer's pick Bulgaria as top budget destination. Bulgaria is the only European country on the list.

19 April 2008: Britannia Investments received the Building Permit for Sophia Gardens from Sozopol Municipality on 26 February 2008. The construction will proceed according to the advertised schedule.

17 April 2008: Bulgarian mortgages and the credit crisis: are Bulgarian mortgages affected? Yes, but not as much as UK mortages.

13 March 2008: Bulgaria names world's best value holiday destination, Teletext.

28 February 2008: We have published a video walk-through of Sophia Gardens, our new Black Sea development in Sozopol.

20 February 2008: Our website, balkanskichalets.com, now has a Google PageRank of five. This is Google's measure of the importance of a website. We know of no other Bulgarian property company with a higher PageRank.

19 February 2008:

High-resolution images of Bansko on Google Earth recently became available. Paste these co-ordinates to find our developments:

  • Balkan Heights: 41°49’19.55,23°29’19.60
  • Balkan Place: 41°49’32.51,23°29’18.54
  • Balkan Ski Pods: 41°49’43.46,23°29’12.70

18 February 2008:

Balkan Ski Pods in Bansko are released for sale. This is an innovative development consisting of 28 apartments, that is attached to The Balkans development (sold out). The location is by the Tanne Hotel. 80 % LTV mortgages at 6.65% p.a. from Raiffeisen Bank are available on these apartments through Bulgarian Home Loans.

08 January 2008:

Mortgages: Mortgage financing for off-plan property purchases are available from Raiffeisen Bank. These are arranged by Bulgarian Home Loans. This capital repayment mortgage is for up to 80% Loan to Value at a rate of 6.65% p.a. Condition is full price is stated on the Title Deed. This mortgage is available for:

07 January 2008:

We have published a Price Guide to Studios, 1-bedroom and two-bedroom apartments in the Bulgarian sea and ski resorts. Average prices are, in euros:

Average PriceStudio1-bed2-bed
Bansko55 41781 262127 131
Pamporovo36 084 60 829 90 632
Sozopol41 455 62 605 82 144
Sunny Beach45 980 64 295 92 841

See Price Guide

22 October 2007: CNBC Best Development Bulgaria 2007: St David's Bansko. We are now selling St David's, Bansko, winner of the CNBC Best Development Bulgaria 2007. 27 apartments remain available for sale with prices from 62,000 euros.

28 August 2007: Bank Guarantee for Balkan Place: The construction costs for Balkan Place being developed by Balkan Ski Chalets have today been underwritten by Raiffeisen Bank. This removes all risk to buyers that there will be insufficient financing for the construction project currently underway. Details are available on request.

22 August 2006: Eastern Promise: Now we can all own ski property, Wizz Air Magazine, August 2006. Features Balkan Place ski apartments in Bansko.

31 May 2006:

Life in Bulgaria is cheap. It is the cheapest country in Europe. According to The Economist's latest Big Mac Index, prices of goods and services in Bulgaria, like Big Macs, as well as assets like properties will increase.

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Properties
   

Ski property: BALKAN HEIGHTS Hotel-Apartments
Bansko
  • Located in Bansko, south of the town, in prestigious St Ivan district
  • British developer
  • Apartment hotel and spa centre
  • 5 minutes to Gondola Lift Station by dedicated minibus shuttle
  • 80 luxurious apartments for sale
  • Hotel reception with concierge
  • Restaurant and lobby-bar
  • Swimming-pool (open-air in summer)
  • Most apartments with terraces
  • Serious spa centre with sauna, massage, steam room
  • 2 payment plans with deferred payment (with small deposit, or large deposit with 5% discount)
  • Property management and letting
  • Best-value high-spec. apartments in Bansko:

Development

Studio

1-bedroom

2-bedroom

St Ivan Rilski (Fairplay)

EUR 60,000

EUR 88,000+

EUR 124,500

St John Hill Ski & Spa

EUR 43,000+

EUR 77,000+

EUR 137,000+

Balkan Heights

EUR 38,160

EUR 59,247+

EUR 90,797+


Sea property: VICTORIA VILLAS
Sunny Beach

7 May 2008: We have cut prices by 33% to 800 euros per sq meter

  • Directly above Sunny Beach in the village of Kosharitsa
  • A development by Britannia Investments (UK developer)
  • 2 attractive payment plans, with 5% discount available
  • Pub & Restaurant
  • Minimarket and other shops
  • Spa and bistro
  • Two swimming-pools
  • Air-conditioning, cable TV and Internet in all apartments
  • Prices start at EUR 26,512 (GBP 20,800)

Sea property: ELIZABETH COURT
Sozopol
  • Directly above the beautiful Blue Flag Kavacite Beach
  • A combination of townhouses, duplex apartments and studios
  • A development by Britannia Investments (UK developer)
  • Property management and letting
  • Restaurant
  • Swimming-pool and Pool-bar
  • Prices start at EUR 39,750 (GBP 27,226)

Sea property: SOPHIA GARDENS
Sozopol
  • Directly above the beautiful Blue Flag Kavacite Beach
  • A boutique development of 18 apartments and maisonettes
  • A project by Britannia Investments (UK developer)
  • 2 attractive payment plans, with 5% discount available
  • Property management and letting
  • Swimming-pool
  • Sold with kitchens included 
  • Prices start at EUR 53,400 (GBP 36,081)

  • property: Commercial Units
    Bansko and Black Sea

    Commercial Units for sale and for rent

    An excellent range of commercial units are available either for sale or for rent in both our Bansko and Black Sea Coast developments. Options include:

    • Offices
    • Bars
    • Restaurants
    • Cafes
    • Fast food outlets
    • Beauty and hairdressing salons
    • Retail outlets
    • Spa and wellness centres

    Please contact Sebastian Kinsman on 00359 889 633 086 or email sales@balkanskichalet.com for details.


    Ski property: BALKAN SKI PODS
    Bansko
    • Compact and cosy boutique development
    • Medium-spec. finish and inexpensive prices
    • Bespoke interior design to maximise internal space
    • 80% LTV Mortgages available from Raiffeisen Bank at 6.65% p.a.
    • Notary Deed transferred at roof level
    • All payments made to Bulgarian bank account
    • Full price in Title Deed
    • Located in Bansko, 100m from Tanne Hotel, 500m from Gondola Lift Station
    • 3 payment plans (with small deposit, or large deposit with 5% discount, or with mortgage
    • Property management and letting
    • Show apartments available for viewing at The Balkans (attached)
    • Prices start at GBP 29,568

    Ski property: BALKAN PLACE
    Bansko
    • 80% LTV Mortgages available from Raiffeisen Bank at 6.65% p.a.
    • Notary Deed transferred at roof level
    • British developer
    • Apartment hotel and spa centre
    • 3 minutes to Gondola Lift Station by dedicated minibus shuttle (free)
    • 66 high-spec. ski apartments
    • Hotel reception with concierge
    • Lobby-bar with welcoming fireplace
    • Swimming-pool with sun-deck
    • Most apartments with terraces
    • Spa centre with sauna, massage, steam room
    • Gym with latest fitness equipment
    • Ski room, Laundry room, Underground parking
    • Comprehensive fire safety measures
    • Located in Bansko, south of the town, in prestigious St Ivan district
    • 3 payment plans (5% discount available)


    property: Development project
    Bansko

    This building land is situated next to the four star Lion Hotel in the Gramadeto area of Bansko, and is almost adjacent to the development named Perun Lodge which is achieving some of the highest prices in Bansko. The land is 1,365 square meters with planning permission for construction of 3,306 square meters. Apartments situated at this position can achieve a selling price of more than 1,500 euros per square meter. Realistically a project of 4,000,000 euros can be built on this land. A ready architectural project has been prepared. The seller is a developer who owns 40% of the land and has a transferable contract with the owner of the remaining 60% of the land to develop the land in return for six finished apartments. For sale are (a) 40% of the land, (b) the transferable contract with the owner of the remaining 60% of the land, and (c) the architectural project. The price is 350,000 euros - strictly non-negotiable.

    Please enquire to sales@balkanskichalet.com for an analysis of the profitability of this investment. Tel. 00359 889 633 086.


    property: Bansko Building Land
    Bansko

    This building land is situated between the current Gondola Station and the planned second Gondola Station. The land is 1,853 square meters with planning permission for construction of 4,260 square meters. Apartments situated at this position can achieve a selling price of 2,000 euros per square meter. Realistically a project of 6,800,000 euros can be built on this land.  The price is 852,000 euros - strictly non-negotiable. (200 euros per sq m of the permitted built area.)

    Please enquire to sales@balkanskichalet.com for an analysis of the profitability of this investment. Tel. 00359 889 633 086.


    Sea property: Cape St Stefan
    Sozopol

    First line coastal apartment in Cape Saint Stefan, Sozopol

    • Fully furnished re-sale apartment for sale for 94,000 euros 
    • 1 bedroom, 1 bathroom
    • Area 64 square meters (680 sq feet)
    • Sleeps four
    • Nearest airport: Burgas - 31km
    • Nearest beach - 400 m
    • Nearest railway station: Burgas - 31km

    Ski property: MONASTERY
    Bansko
    • Fully furnished studio flat: 34,900 euros. 1-bedroom flat: 47,900 euros
    • Located in Bansko, opposite The Tanne Hotel, next to Perun Lodge, near to the Gondola Lift Station

    The Monastery is a landmark apartment development in Bansko. We are selling these apartments at 2004 prices. They both come fully furnished with really good quality solid wood furniture.  

    The studio is 40 square meters so the price is about 750 euros per square meter.

    The 1-bedroom flat is 63 square meters so the price is 650 euros per square meter.

    Please enquire to sales@balkanskichalet.com.


    property: Varna Building Land
    Golden Sands

    Two plots of building land near to Varna are for sale.

    1. The first plot is 10,674 square meters of land in regulation in the villa zone overlooking the attractive resort of Golden Sands. It comes with electricity, water and a good road. It is very close to Alajir Monastery, the main tourist archeological attraction in Varna. It is a ten minute drive to Central Varna and five minutes to Golden Sands and the beach. Its price is 55 euros per sq m. This land is 3km from Golden Sands where land sells for 1,000 euros per sq m. We can provide an architectural project for a gated villa development on this building plot.

    2. The second plot is 43,000 square meters of building land about 2 kilometres to the south of the first plot. On this land a substantial gated development of 120 villas and townhouses, most with swimming pools, might be built. There are sea views from the upper part of this land, which would be the ideal location for a Clubhouse, restaurant and pub. It is for sale at 30 euros per square meter.


    General property: Furniture package
    Bansko

    Ready to Live Furniture Packages from La Diva Design

    We now offer lovely furniture packages from La Diva Design interiors. Furniture packages for both ski and seaside apartments are available. You can view furniture packs at our showroom in Bansko and our show apartment at Balkan Heights.

    Complete home package service, inclusive of:

    • Measurement
    • Interior design
    • Delivery
    • Fitting and Installation

    Prices for Standard Furnture Packs, including kitchens and inventory packs:

    • Studio apartment 5,950 euros incl. VAT (£4,760)
    • 1-bedroom apartment 6,970 euros (£5,576)
    • 2-bedroom apartment 7,970 euros (£6,376)

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