Property for sale in Bulgaria - Emerging Property Markets 1

Written by James Wittering

The latest investment property headline is this: Popular and well trodden markets such as France and Spain are out, Bansko is in.


Bansko, Bulgaria. Fast becoming one of Europe's hottest ski resorts and showing no signs of slowing down for beginners, Bansko is whererepparttar smart money is being invested. From as little as £30,000 (US$52,594) you can own a 1 bedroom apartment inrepparttar 147170 heart of Bulgaria's trendiest ski resort, atrepparttar 147171 base ofrepparttar 147172 imposing Pirin Mountain range. It sounds impressive but is it just a flash inrepparttar 147173 pan or a serious investment opportunity promising high rental yields and real capital growth?

The skiing is first class, that much is not in doubt. The high peaks offer powder white snow for up to 5 months ofrepparttar 147174 year andrepparttar 147175 summer season continues for a further 2, providing a wonderful holiday home for ski enthusiasts and great returns for buy-to-let investors. Plenty of money has been pumped into facilities andrepparttar 147176 ski school ensures that beginners and experts alike are catered for. There are plans to doublerepparttar 147177 length ofrepparttar 147178 runs at Bansko overrepparttar 147179 next 10 years so whilst this is a relatively new ski resort; it is certainly a progressive and well maintained one.

A very old town full of character, situated just 150km south of Sofia, Bansko is about 2 hours fromrepparttar 147180 nearest Bulgarian airport. It lies atrepparttar 147181 base of Vihren,repparttar 147182 highest mountain inrepparttar 147183 Pirin range at almost 3000m. Bansko is interestingly placed geographically, close torepparttar 147184 border with Greece and Macedonia and there isrepparttar 147185 planned Greek-Thessalonic Highway that will connect Bansko to Greece by road. It is said that on a fine day you can see allrepparttar 147186 way torepparttar 147187 Aegean fromrepparttar 147188 Pirin Mountains. In theory, when you finish skiing in Bansko in April you could drive to Greece for a dip inrepparttar 147189 Aegean.

The cobbled streets ofrepparttar 147190 town itself are clean and well lit. Amongstrepparttar 147191 obligatory 'après ski' styled bars and night-clubs arerepparttar 147192 mehanas, underground taverns offering local cuisine and live music. Currentlyrepparttar 147193 town is representative of a building site with scaffolding and cement mixers a plenty. Looking beyondrepparttar 147194 production equipment, one can quite quickly see thatrepparttar 147195 ends will justifyrepparttar 147196 means. Bansko has clearly beenrepparttar 147197 subject of considerable investment into an improved infrastructure. Certainly more so than competing, better known towns such as Borovets or Pamporovo.

Non-skiers are catered for with beautiful walks, historic Roman ruins, volcanic mineral spring water public baths, equestrian activities and plans for at least one 18 hole golf course. The environment itself is protected by UNESCO and is Bulgaria's largest national park, ensuring that overdevelopment should not rear its ugly head, or at least, limit it's impact.

Reducing Credit Card Debt

Written by Neil Brown

Great as credit cards can be, one ofrepparttar easiest "things" that can happen in life isrepparttar 147077 building up of a large credit card debt. For whatever reason, making purchases with credit cards always seems much easier than spending cash to obtain a product or service.

Maintaining high levels of credit card debt is not prudent. The interest rates associated with most credit cards is high. In fact, many people have managed to rack their card balances up so high that onlyrepparttar 147078 minimum payment is made each month. As a result, these people are taking years if not decades to pay down their credit card balances, allrepparttar 147079 while wasting an incredible sum of money in interest payments alone.

In this article, a number of strategies to reduce credit card debt are presented. These tips are general in nature but will provide a person with credit card debt a solid plan for reining in credit card balances.

Targetrepparttar 147080 highest rates of interest. If you can, transferrepparttar 147081 balance to another credit card, where you will achieve a zero or low interest rate for a set period. While this balance is not costing interest you can target other debts that are. Make sure you are prepared for whenrepparttar 147082 offer period runs out and have another balance transfer offer ready to take over. You should look to have your credit card application a few weeks before your current offer period runs out. If you cannot transferrepparttar 147083 balance then pay off as much as you can afford, sorepparttar 147084 balance reduces as quickly as possible.

Credit card companies are very competitive and as such there are some very good 0% balance transfers and purchase offers available. Look to take advantage of these, but make sure you have a plan in place on how to deal withrepparttar 147085 balance whenrepparttar 147086 offer finishes. Remember thatrepparttar 147087 debt has not gone away.

As mentioned previously in this article, credit card accounts usually have high interest rates. The combination of high interest rates and free spending patterns can result inrepparttar 147088 rapid escalation of credit card debt.

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