Why Pirin Golf & Country Club - Bansko, Razlog, Bulgaria Pirin Golf Resort Logo

There are several sound reasons for investing in Pirin Golf and Country Club during its off- plan construction phase, whether it`s buying a second, "holiday home" or purchasing for dual use (own use and letting):

Bulgaria's exclusive 5-star golf-ski-SPA resort

  • People say that Bansko - Razlog Valley that nests the ski resort of Bansko has become a "billion EURO valley".There is some truth in this. Rough calculations show that in the period 2002-2007 alone, at least 750 million Euros had been invested in the valley - in road infrastructure, ski infrastructure and construction of residential real estates. Bansko is firmly established on the ski map of Europe as the number one ski resort in "New Europe" and there are no signs that this will change for at least a decade. The final target is to develop approximately 170 kilometres of maintained ski piste (in 3 subzones : Bansko , Kulinoto and Dobrinishte) and two-three golf courses (forming the backbone for the standard European golf holidays package).
  • Pirin Golf and Country Club has recently been voted recently Bansko ski resort`s number one property investment opportunity. Many argue that it is Bulgaria`s number one investment opportunity as well.

Below are more specific reasons for Pirin Golf and Country Club`s unbeatable advantage as an investment hotspot for individual and larger investments:

  • DEVELOPMENT EXCLUSIVITY: This is the only 5-star private golf - ski complex, featuring its own two, 18-hole (par 72) Championship class golf courses in the best ski resort in Eastern Europe. Golf course extension has already been approved to match the standard European golf & leisure holiday travel package. Pirin Golf & Country Club is the first 5* resort in Bulgaria to introduce the golfcourse lifestyle.
  • OFFICIAL SUPPORT: In 2007, the Pirin Golf and Country Club project was granted official Bulgarian Government support through the award of a 1-st class investment certificate, which puts it on the priority list of private-public partnerships.
  • ACCESIBILITY: Road infrastructure improvement worth 45 million Euros (EU funds) largely helped to cut travel time from capital Sofia airport to 2 hours in 2008. Further value will be added by the upgrading of an existing military airstrip (recently privatised) in the municipality of Gotze Delchev (only 30 miles from Pirin Golf & Country Club) for low cost air travel to major European cities.
  • : Pirin Golf location and prime facilities will offer a rare combination of highly sought after leisure and sports activities: golf and ski.
  • PRICING: This is a strong, additional reason to invest. Real estate for this type of development is highly affordable, with prices three to four times lower than the prices in comparable ski - golf resort spots worldwide.
  • RETURNS: Pirin Golf and Country Club is set to record the highest returns on investment in the Bansko ski resort area. It is almost unanimously believed that Pirin Golf Club will become the focal point for Bansko's spring- summer - autumn leisure and recreational activities, thereby leveraging its winter ski letting potential.
  • OWNERS EXCLUSIVE RIGHTS: Residential property owners will benefit from the investor protection model, which includes residents only access to the golf courses and golf infrastructure, suplemented with contract-guaranteed Golf Club membership privileges (including Club card discounts). Property owners and residents will enjoy full exclusivity to play the golf courses and use the whole golf infrastructure, which is set to protect their investments under the approved special "golfing rights scheme". There will be no "pay per play golf" at Pirin Golf and Country Club.

A positive investment climate - growing economy at 7% p.a.

  • EU MEMBERSHIP: Bulgaria joined the European Union on 1st January 2007. Membership will help to guarantee the stability and continuing, long-term growth of the local economy supported by EU infrastructure funding. The country has been a member of NATO since 2004.
  • Communications with Bulgaria are improving rapidly and visibly. There are daily flights from all major European cities. The number of people who fly to Bulgaria has increased by 20% annually for the third consecutive year and this trend continues. In the first half of 2008 passenger numbers to and from Sofia international airport increased by 19%. Flights to the United Kingdom and passanger numbers increased by 45% in January-July 2008. Heavy investment is allocated for the major airports - Sofia, Varna and Bourgas. The new modern terminal at Sofia airport has already opened for traffic. Telecommunications are affordable with ADSL broadband (512 K - 2 MB) offered at competitive rates almost everywhere in the country by the Bulgarian Telecommunications Company (BTC).
  • The Bulgarian economy is growing steadily for the seventh consecutive year now at 4.5-6% per annum. Growth is expected to continue.
  • Bulgarian tourism has enjoyed double-digit growth for six years in a row. British visitors alone increased by 132% in 2 years, now numbering 400,000 per year. Bulgaria is now among the top ten destinations for UK tourists.
  • The Bulgarian currency is pegged to the Euro by law at a fixed rate. There are no currency fluctuations due to local economic developments or policy decisions.
  • The Bulgarian mountains and Pirin mountains in particular (the second highest 2914 m. above sea level) offer at least 4 months of snow retention in the ski resorts, which makes the white winter holidays even more desirable for those who come from the snowless Isles or the Atlantic shores of Europe.
  • Property prices are currently one of the lowest in Europe, rising steadily at an annual rate of between 15% - 20%. Despite this, property is still considered very affordable.
  • The cost of living is very reasonable with no prospect of rising sharply in the short or medium term. The cost of living is one-third the European average (average basket of all 27 EU countries).
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