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Bansko Trip Report. November 26 th -28 th 2006. Agenda. Key Activities During Visit Slide Show Summary of Findings Recommendations Discussion on Next Action. Main Activities. Journey to Bansko and accommodation Visit to our apartment Meeting with 6 local estate agents Recce of town
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Bansko Trip Report November 26th-28th 2006
Agenda • Key Activities During Visit • Slide Show • Summary of Findings • Recommendations • Discussion on Next Action
Main 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
Main 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 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 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