Future of Bankso

[nightmare]

Does anyone see prices in Bankso increasing in the next 5 - 10 years?
I just cannot even predict what I think is going to happen to the place.
I was looking at property there a few days ago, some apartments right next to the gondila are now selling for half what they were in the boom. I am wondering if developments such as Bansko Towers will prosper as you cannot buy anything for those prices so close to ski lifts etc anywhere in the world. However the big problem is oversupply, which i guess is really going to keep prices down, the place is also like a building site and there are so many unfinished properties about the place.

Anyone fancy predicting how much a 50k apartment in Royal towers will be worth in 5 years? Will be interesting to look back on this post in several years time!

 

[BG_Lawyer]

Does anyone see prices in Bankso increasing in the next 5 - 10 years?
I just cannot even predict what I think is going to happen to the place.
I was looking at property there a few days ago, some apartments right next to the gondila are now selling for half what they were in the boom. I am wondering if developments such as Bansko Towers will prosper as you cannot buy anything for those prices so close to ski lifts etc anywhere in the world. However the big problem is oversupply, which i guess is really going to keep prices down, the place is also like a building site and there are so many unfinished properties about the place.

Anyone fancy predicting how much a 50k apartment in Royal towers will be worth in 5 years? Will be interesting to look back on this post in several years time!

Hi,

According to me when the crisis goes away people who would like to buy cheap property will do it. But the deals will be not so many as for example in 2006-2008.