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Bansko Trip Report: Insights and Recommendations from November 26th-28th, 2006

This report summarizes our trip to Bansko, Bulgaria from November 26th to 28th, 2006. Key activities included meetings with local estate agents, a recce of the town, and an assessment of both general and skiing infrastructure. Findings highlight Bansko as an expansive construction site with great potential for the future, offering a charming old town with affordable amenities. We recommend holding onto investments for at least three years to maximize growth, along with establishing protocols for usage. Future actions include another visit to finalize documentation.

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Bansko Trip Report: Insights and Recommendations from November 26th-28th, 2006

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  1. Bansko Trip Report November 26th-28th 2006

  2. Agenda • Key Activities During Visit • Slide Show • Summary of Findings • Recommendations • Discussion on Next Action

  3. Main 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

  4. Bansko Map

  5. Slide Show

  6. Main 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 !

  7. Our 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

  8. Next 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

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