Bansko Trip ReportBansko Trip Report

November 26November 26thth-28-28thth 2006 2006

AgendaAgenda

• Key Activities During Visit

• Slide Show

• Summary of Findings

• Recommendations

• Discussion on Next Action

Main ActivitiesMain Activities

• Journey to Bansko and accommodation

• Visit to our apartment

• Meeting with 6 local estate agents

• Recce of town– General infrastructure– Skiing infrastructure– Layout

• Unable to sign deed transfer

Bansko MapBansko Map

Slide ShowSlide Show

Main FindingsMain Findings

• It is a massive building site

• General principle remains sound

• It WILL be fantastic - when it is finished !

• Improving infrastructure - roads airport, more runs and lifts etc.

• Nice old town with good restaurants, basic shops, banks and tourist facilities.

• Bulgaria very cheap - Beer 40p !

Our RecommendationsOur Recommendations

• Too early to sell now

• May need to hold 3 yrs + to maximise growth

• Furnish to sufficient level for OPIG use

• Establish protocol for use by OPIG members or close friends and family

• Review status at least annually

Next ActionNext Action

• Visit again to sign “Protocol 15” and deed transfer

• Agree to hold and level of use or sale

• Furnish accordingly

• Agree usage protocol

• Buy another one !

• Next meeting