British families to protest over properties in Bulgaria's Bansko
28 February 2010
UK investors are preparing to stage a rally in the Bulgarian winter resort of Bansko over alleged property fraud carried out by a local firm.
Some 70 British families have paid over GBP 6 M in total for apartments in the All-Seasons holiday complex in Bansko but have been denied access to their properties, the Mail on Sunday has reported.
The Brits plan to gather in Bansko in order to demand to be let in. They bought the apartments through a London real estate firm, Rockarch Estates.
However, Rockarch Estates claims it was cheated by a Bulgarian partner, a Bulgarian woman who is said to have transferred ownership of much of the complex to a Bulgarian firm called Zekom owned by Roman Romanov.
Source: novinite.com
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