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general ramble

Discussion forum for expats moving to or living in Bulgaria.

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Re: general ramble

Post Posted: Wed Oct 05, 2005 6:33 pm

Hi,

You would have no problem with rental so close to Bansko, we have Bulgarian friends in Bansko and they speak English if you would like more information email Minka and I at ultra-bg@mail.com (we are not an agent) as you have probably gathered by our posts Smile


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ultra-bg
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Re: general ramble

Post Posted: Thu Oct 06, 2005 10:24 pm

hello Dude

Glad to see you're still there and replying!

You seem to be going through what we all have - that is not knowing what is best - can you find the time to come here and take a look so that you can get a "real" feel for the place? It would be the best thing to do.

For anything outside of a town for letting purposes always take a thing about why people are renting your property. If you say it is a 'get away of it all' thing, then this could be good for you. But if people who are renting want to be ski-ing all the time and this is the main purpose of their trip, then you will have to ask yourself how people are going to get to the ski runs?

It's all a bit pros and cons as with anything in life! Most of the properties in Bansko itself are completed, new and with no worries, so I suppose this will attract a premium for this and peace of mind. Lots of the properties in the countryside need money spending on them to get them into a state where they can be rented for good return to western europeans (which I presume is your intention?) -- you could easily spend the price again on renovations and works, etc.

So, all in all - Firstly, try and get here if you can, take a look and gain some experience and first hand knowledge; Secondly, think about what you, yourself, want from the property; Thirdly, new v old - well, again, what do you want, new is easy and faster to let - old on the other hand means you are going to have to find local people to put it right and deal with and all sorts of things but could offer a better return on investment in terms of capital gain than the new / off plan route, but lesser rental.

Swings and roundabouts - and at the end of the day, no matter what anyone says, you are going to have to make up your own mind.

Reading back through this, I'm not sure this has helped?????? Can only hope so!

Cheers
Quest Bulgaria

PS : As you have already achieved a mortgage in principle with Bulgarian Home Loans, why don't you have a word with them about your quandry. I do not know much of them but do understand that they are decent and reputable from others who have written to us about them. They must deal with a lot of people from the UK and probably many agents. They may give you some good insights to buying new v old, agents, etc.


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QuestBulgaria
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Re: general ramble

Post Posted: Sat Oct 08, 2005 1:51 am

Dude I suggest you pick the relivent points from the replies, but you cannot get the 'feel' of any country without first hand knowledge and the only way to get this is to go there, with a suitably open mind. If you have a genuine love for a place then you are going to be better able to convey that to a potential renter/leasee. Me? I like the country enough to live there in a couple of years fultime, but for the timebeing a few visits a year will have to suffice.


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Re: general ramble

Post Posted: Wed Oct 12, 2005 2:30 pm

Hello Dude

Have you made any decisions yet. I live in Bansko full time and love it, I have made lots of friends here both English and Bulgarian. Where exactly is it you are interested in as some of them may be able to assist you with your decision if you have not yet made it.


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Re: general ramble

Post Posted: Mon Oct 17, 2005 2:55 am

Razz i've not been around all that long, but since joining, i've read many of the questbulgaria and ultra-bg posts. i want to tell you guys that i find the individual input from both of your organisations to be extremely user- friendly and very useful. you are both, one would hope, working towards the same ends, and for beginners like me, getting the chance to see problems and pros and cons from different points of view can only be a good thing.
to conclude, let me say thanks to both of you for the information you provide. having different points of view is not bad, and should not be a reason for hostility between the two of you. Sad

best wishes and, as they say, keep up the GOOD work.

Bax. Wink

 

baxter
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Re: general ramble

Post Posted: Sat Dec 03, 2005 8:22 pm

Crazylady,

since you live in Bansko full time, what is in the summer? I mean occupancy wise? Can you really expect to make any money year round?

NYCE

 

NYCE
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