As many developers wonder how to sell the huge amounts of apartments scattered around Sunny Beach or Bansko, others seem not to be so worried by the second homes market collapse. The projects continue to sprout – yet mainly in winter or seaside resorts – but also in other places in Bulgaria – either in the emerging golf centers or the forgotten in the last few years balneology resorts.
SPA services have made their way with the hotel sector where investors want to see the occupancy rates going up and also already with most of the larger holiday developments that offer rental returns to the owners of the thousands of apartments in them. Yes, the market is yet at the very beginning but it turns out Bulgaria as a country has huge potential that has been unused. And with the difficulties they face in overdeveloped resorts, many developers may be surprised by what they could achieve elsewhere.