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Where To Buy Overseas Property

Jul 2, 2008
Property in Bulgaria has been drawing some attention of late. People are tired of investing their money in the precarious UK property market and have been looking further afield than the little Britain of Spain to lesser known areas of Europe.

If you are considering buying a property in Bulgaria then you will need to narrow down the field a little. Many people immediately look to the Eastern side where you have the benefit of the Black Sea but Bulgaria is a big country and every corner of it has aspects that appeal to someone. For that reason, this article looks at whether or not opting for Bansko in the South Western corner of Bulgaria is a good idea or not.

Relatively close to Sofia airport, Bansko is easily accessible. It is an area that is steeped in the oldest history of Bulgaria after being founded in the late 15th Century and was, at the time, the central city. It is a place full of ancient sights with no less than 120 cultural monuments that stand testament to the skills of the local craftsmen that have lived here over the years.

When you buy a property in Bulgaria you could opt for one of the high tech modern apartments or, if you love true culture, go for one of the traditional houses in Bansko. Distinctive with their tall pinewood gates and carved ceilings they also show the dedication that the Bulgarian people commit to their homes. But why Bansko above all other areas of Bulgaria?

The people are one of the biggest attractions. They are a warm and welcoming people that still carry the ingrained entrepreneurship skills of their forefathers. These people strive to come up with innovative ways of applying their skills to everyday life and are doing a pretty good job!

After the people comes the views. With the Pirin mountains in the distance you could stand and look at this sight for the rest of your life and not get used to it. On top of that you are surrounded by pine forests that emit an olfactory paradise all year round. And it is these two aspects that, should you decide to invest in a property in Bulgaria, will give you year round entertainment.

Mesta Valley is the area that divides Bansko's three biggest mountain ranges - Pirin, Rila and Rhodopi. The valley itself provides a plethora of mountain biking and hiking trails for those with surplus energy. These trails will take you through the sweet smelling pine forests, up-hill and down dale, supplying more fresh, mountainous air than you ever believed possible.

And those mountains provide stunning ski possibilities throughout the winter. In fact, Bansko has a thriving skiing community that has had enormous amounts of money invested in it of late. Equipment and ski runs have been modernised with new runs added so if you were looking for an investment property in Bulgaria that you could rent out for part of the year, then with this sort of holiday trade you could make a tidy income.

Sticking with the active side of life, Bansko is also perfect for challenging yourself to a vigorous bit of rafting, horse riding or mountaineering. If you prefer to sit back and watch others do all the action, then you will simply love to be in the country during August. A whole week is given over to the jazz festival where performers from 15 countries over 3 continents come together to put on a feast of entertainment in the way of jazz music. Colours, sounds and smells all contribute to an atmosphere that will completely envelop you.

This is also the best time of year to explore the lakes, waterfalls and caves that make up the natural landscape of Bansko and even sample some of its healing mineral spring water. So, whether you're a winter person or summer, buying a property in Bulgaria is sure to satisfy you on some level, if nothing more than to escape the rat race that has become Britain.
About the Author
Property expert Catherine Harvey looks at why investing in property in Bulgaria is a wise move.
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