3 November 2008 – 9:10 pm
Now when it is clear that the situation will not get any better in the next few months it is time to count those who were “swimming naked” hoping that the tide will miss them
It seems that few developments in Bansko are already experiencing difficulties servicing their clients like All Seasons Club, The [...]
21 October 2008 – 6:07 pm
After all, you only find out who is swimming naked when the tide goes out. Warren Buffett
Recent articles discuss the possibilities of price falling in the real estate sector in Bulgaria. Some websites even have dedicated section for properties with falling prices. According to the statistics in some areas the prices are falling with nearly [...]
Bansko resort opens summer season reports BulgariaInside.
The Mayor of the town - Alexander Kravarov discovered that “Over-construction is another major obstacle”. Guess who issued the permissions for it? After being the “good guy” in the previous mandate after his re-election the famous Mayor decided to play the “bad guy” while Bansko is getting uglier and [...]
A recent article in Capital newspaper discusses the reasons that led to decrease in real estate sales in the last year. It is not a secret that after the initial boom currently there are about 20 000 apartments for sale in Bansko and over 200 000 on the Black Sea. Their number is increasing every [...]
Since everyone is aware that very few buildings in Bansko are built legally here is the big surprise for those who believed that the law rules in Bulgaria.
Below you will find a scanned document issued by the highest authority in Bulgaria dealing with construction, the National Directorate of Building Supervision, issued on 26 July 2007.
The [...]