Yes, I think 21% is definitely over the top for rental yield. It would be interesting to see what they are basing their figures on or whether they have hooked in with one of the major travel operators, etc.....

Having said that, Bansko is a winter ski resort but they are trying to make it a year round destination. If you are in it for the longer haul you should do quite well on appreciation but for short term I don't think so. 15% appreciation is possible but you don't say exactly where the development is and location is so very important.

Be careful and check out everything thoroughly and get professional independent advice.

All the best

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Jain Goodall, Director, Quest Bulgaria Magazine

Independent advice and information for owning and buying property in Bulgaria
http://www.questbulgaria.com