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A new luxury apart-hotel opens in Bansko ski resort

18.12.2007

The official launch of Bansko's ski season on December 15 also coincided with the opening of the luxury Lucky Bansko aparthotel.

The complex comprises two buildings connected by an underground passage leading to the parking area. The first - and larger - edifice houses all the hotel's facilities. The second building will be ready in November 2008. The zone between the two buildings is allocated to the construction of a conference room, piano bar and green areas. The overall investment, amounting to 8 million euro, was financed through a bank loan with Postbank.

More than 50 consultants were used to plan the hotel's architectural concept. Spokesmen said that the number of plans submitted far exceeded 120. 

More than 70 out of the 102 apartments have already been sold to Irish and British clients. Most buyers have opted for signing a property management contract with the investor. This involves letting their units out, entitling them to receive 6 per cent guaranteed annual returns during the first two years. They then have the option to extend the agreement for another 3 years, when they are likely to reap higher yields. "Our target is the top end of the market. Our aim is luxury, comfort and high quality," managers stated, stressing that "luxury" does not necessarily equate with expense but more with the design and durability of materials used.

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