Balkan Place is situated in the St Ivan district of Bansko. This area is to the south of Bansko, in the foothills of the Pirin Mountains, three minutes by dedicated minibus shuttle to the Gondola Station. St Ivan is emerging as the most prestigious district of the town. The views are terrific across 360-degrees, and the few developments taking place there are of a higher quality than those in the town below.

Mortgages paid by the developer at Balkan Place
70% LTV Mortgages available from DSK Bank at 7% p.a.
These properties have exceptional rental potential. The developer anticipate gross rental returns of about 9% p.a.


Value and investment potential: the apartments are designed to contain the maximum number of bedrooms and beds in the smallest area. 1-bedroom apartments are on average 60 square meters (646 square feet), 2-bedroom apartments are 80 sq m (860 square feet). Costing is by the square meter, so the prices of Studios and 1-bedroom and two-bedroom apartments are lower than in any development in equivalent superb position or with so many facilities.
So it has hotel reception, lobby bar, room-service, spa centre with swimming-pool, shops, laundry service, and staff to run the facilities. This meets with the requirements of the two main markets for rental - the Tour Operators and independent holidaymakers from Sofia, Greece and other neighbouring countries. (For this reason we have excluded fireplaces in the apartments, as Tour Operators are against fireplaces. There is a welcoming fireplace in the lobby-bar.)
Facilities:
# Hotel reception with concierge
# Lobby-bar with welcoming fireplace
# Shops and boutiques in lobby
# Swimming-pool (with sun-deck)
# Spa centre with sauna, massage, steam room
# Gym with contemporary equipment
# Ski room in basement with exterior entrance
# Hotel laundry facilities with washers and dryers
# Underground parking spaces for sale

#Building materials used in the construction are the highest quality, suiting the local climate and complementing the beautiful site.
# Traditional wood and stone exterior
# Wooden roofs with red tiles (Bramac) for charming finish
# Living room: Tiled floors
# Kitchens (open-plan): Granite compound tiled floors, with tiled walls
# Bedrooms: Laminate wood floors (Kronospan)
# Bathrooms: Italian terracotta floors and Italian tiled walls
# Bathroom fittings: Vidima Ideal manufacturer, plus extractor fan
# Terraces: Spanish granite compound tiled floors, drainage, wooden parapet
# Front doors: Steel internal doors: MDF
# Windows: three-chamber PVC, with processed stone sills
# Concrete and brick framework
# Hydro- and thermal-insulation (60 mm Styrofoam)
# Roof insulation: 100 mm wadding (Izover)
# Plaster-board on walls
# Central-heating (oil-fired, with aluminium radiators in apartments)
# Lift (ISAMET)
# Cable TV connection
# Broadband internet connection
# Intercom entrance
# Smoke alarms in all apartments, fire doors and other fire precautions

Clients may reserve specific apartments, meaning the developers will take it off the market for up to four weeks. The cost of the Reservation is GBP 680 (approx. Euro 1,000), which is deducted from the purchase price. The reservation fee is non-refundable if you decide against buying.

From GBP 25900