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BULGARIA-PROPERTY/
RTR1VFST
October 29, 2007
A poster shows large scale construction works in the Bulgarian ski resort town of Bansko, some 150km...
Bansko, Bulgaria
To match feature BULGARIA-PROPERTY/
A poster shows large scale construction works in the Bulgarian ski resort town of Bansko, some 150km (94miles) south of the capital Sofia, in this picture taken August 14, 2007. The citizens of Bansko are selling their land with gusto to buy fancy cars and replace communist-era furniture. The same is true of other mountain resorts, as well as Bulgaria's Black Sea coast, as foreigners snap up cheap second homes, sending the price of resort and farming land to 250 euros a square metre from just 20 euros five years ago. But this growth comes at a cost. The once idyllic little town with cobblestone streets and traditional architecture, which in the 1980s was popular among skiiers and hikers from the former Soviet bloc, has changed beyond recognition. To match feature BULGARIA-PROPERTY/ REUTERS/Stoyan Nenov (BULGARIA)
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