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"Gorna" means "high" in Bulgarian. The village of Gorna Vasilitsa lives up to its name. Situated high on the mountainside above the town of Kostenets, the village commands a stunning view over the valley below and Bulgaria's highest peaks, the Rila Mountains, on the opposite side.
Gorna Vasilitsa is a sleepy hamlet. There are no shops or bars, and the loudest sounds you're likely to hear are birdsong and crickets. Only 7km away, however, is Kostenets, a significant town, reached by a very fast, wide road down the mountain, where you can find anything you want. At the foot of the mountain, only 5km distant, is a large supermarket. Another road out of the village winds its way tortuously down 5km to the famous resort of Momin Prohod, Bulgaria's second most important health spa. It has a sanatorium for adults and a specialised children's sanatorium. Momin Prohod and Kostenets are on the railway line between Sofia and Plovdiv, so the apartments can be reached easily without a car.
Gorna Vasilitsa is about an hour's drive from Sofia airport by the motorway. In the coming years a new motorway spur is planned to run nearby over the mountain to Borovets, 33km away, cutting the travel time considerably. The village is also only 8km from the planned major golf course at Dolna Banya, and 15km from the village of Kostenets on the other side of the valley, where there are ski pistes and lifts.
Architectural plans for 12 new 1-bedroom apartments (sleeping 4), with breathtaking views of the valley and mountains are being given away free with this plot of land. The plans are complete, except for the one plan showing the location of the connections for the electricity, water and sewerage.
Panoramic windows and deck/balcony. These apartments will be very unusual, in that their design emphasises spacious living, thus making them suitable for both permanent and holiday use.
With the new upsurge in popularity for Bulgaria as a holiday destination, and the tremendous sudden increase in demand for mountain accommodation, and especially spa health treatment, these apartments should offer phenomenal rental potential.
|We are sorry, this property is not available.||
|PROPERTY FACTSHEET |
Property: Building Land (Residential)
Region: Borovets Region
Location: Gorna Vasilitsa Village
Land: 1,149 m2
|(seller's asking net price is highlighted; other prices are for reference use only using Bulgarian Central Bank's exchange rates of the day)||
Rila Mountain, winter
© 2021, D. Georgieva
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UK Embassy in Bulgaria, 31/01/2019
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The flipside is that Bulgarian property is now remarkably affordable and probably appropriately priced. Properties that sold for €80,000 10 years ago are widely available now for €25,000, writes Diarmaid Condon in Is the price now right for Bulgarian property investments?. [read the article]
If you're looking for a cheap beach holiday this summer, you should head to Bulgaria and Turkey, according to the 12th annual Post Office Travel Money Holiday Costs Barometer. [read the article]
British holidaymakers are moving east to extract more value for their pounds, according to Europe’s biggest travel firm, writes Simon Calder in Bulgaria and Croatia See More Bargain-Seeking Brits. [read the article]
Nick Lavtchiev, director of Easy BG - a company that deals almost exclusively with UK clients - told Oxford Business Group (OBG) recently that, "Over-urbanisation is no good for this market. What is the point of going on vacation or having a home in a place that is as overpopulated and ugly as where you came from? There are plenty of other places in the middle of nowhere that are of interest to aspiring permanent residents.". [read the article]
The Report - Emerging Bulgaria 2007, 01/01/2007
"There is significant scope for development of spa and welness tourism due to Bulgaria's many mineral springs. Golf course development is another area where we are seeing growth." said Nick Lavtchiev, CEO of easy BG a local property firm". [read the book]
The prices are almost irresistible, but buyers must beware dodgy deals and 'iffy' infrastructure, writes Cheryl Markosky in Bulgaria Beckons. [read the article]