bansko trip report

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