Position 

Balkan Heights is situated in the St Ivan district of Bansko. This area is to the south of Bansko, in the foothills of the Pirin Mountains, five minutes by minibus shuttle to the Gondola Station. St Ivan is emerging as the most prestigious district of the town and the views are terrific across 360-degrees.  The few developments taking place there are of a higher quality than those in the town below. Balkan Heights abuts the Pirin National Park to the South, and its views cannot be affected by any future development.

Developer

Balkan Heights has been designed with a great deal of care and close consultation with Sebastian Kinsman, the director of Balkan Ski Chalets and a shareholder in the British investment company, KV Trading Ltd (the developer). Kinsman has been involved in the Bansko property market from the very beginning and had condensed his understanding of the market into the design. 

1.       Value and investment potential

The apartments are designed to contain the maximum number of bedrooms and beds in the smallest area:
1-bedroom apartments are on average 50 square meters (540 square feet)
2-bedroom apartments are 65 sq m (700 square feet)
Costing is by the square meter, so the prices of Studios and 1-bedroom and two-bedroom apartments are lower than in any development in equivalent superb position or with so many facilities
The apartments at Balkan Heights are much larger than French ski apartments

2.       Rental Potential

Balkan Heights is composed of 80 luxurious apartments, with rich facilities, and will function like a hotel.  It has hotel reception, lobby bar, room-service, spa centre with swimming-pool, business conference centre, shops, restaurant with professional kitchen, laundry service, and staff to run the facilities (and facilities for the staff).  This meets with the requirements of the two main markets for rental - the Tour Operators and independent holidaymakers from Sofia, Greece and other neighbouring countries. (For this reason we have excluded fireplaces in the apartments, as Tour Operators appear to dislike fireplaces. There are open fires in the restaurant and lobby-bar)

There is a business conference centre to attract the lucrative business excursions market.
Furthermore, in the smaller details of the development we have maximised the appeal of the apartments.  Two examples:

a) Bansko in the summer is hot and a dip in an open-air pool is ideal so the swimming-pool will be open to the elements in the summer.
b) It is possible to visit the Spa Centre from any apartment in the complex without going outside, so that you can walk there in your bathrobe. 

Facilities

·                     Hotel reception with concierge 
·                    Restaurant and professional kitchen 
·                    Lobby-bar with welcoming fireplace 
·                    Shops and boutiques in lobby 
·                    Property management office and staff on-site 
·                    Swimming-pool (open-air in summer, with sun-deck) 
·                    Serious spa centre with sauna, massage, steam room 
·                    Gym 
·                    Ski room in basement with exterior entrance 
·                    Business conference centre 
·                    Children’s kindergarten
•          Hotel laundry facilities

Construction and Finishing

Building materials used in the construction are the highest quality, suiting the local climate and complementing the beautiful site. 

·                      Traditional wood and stone exterior coatings 
·                      Wooden roofs with red tiles for traditional finish 
·                     Tile flooring in living rooms 
·                     Concrete framework 
·                     Hydro- and thermal-insulation 
·                     Plaster-board on walls 
·                     Laminate wood floorings in bedrooms 
·                     Central-heating and hot water to all apartments 
·                     Two lifts/ elevators 
·                     Cable TV connection 
·                     Broadband Internet connection 
·                     Smoke alarms in all apartments, fire doors and other fire precautions