Low property prices and inexpensive ski passes make Bulgaria one of the top destinations for flourishing ski properties, writes The Times in its latest edition.

Described as ideal for a budget ski property, Bulgaria is recommended for its season from mid-December to late April and the challenge that its slopes offer for the occasional skier and for those with little experience.

"During the summer this sparsely populated, largely rural country offers a wealth of activities such as hiking, fishing and mountain biking, as well as the fabulous beaches of the Black Sea coast. The numerous historic towns, unspoilt villages, castles and churches are also waiting to be explored."

According to research by the property investment expert Assetz, Bulgarian ski resorts offer rental returns of up to 12 per cent - because of their year-round attraction the returns are double those of their coastal counterparts.

Assetz lauds the rapidly expanding resort of Bansko, which combines a UNESACO World Heritage village with some impressive new lifts and longer established. A one-bedroom apartment costs from USD 40,000.

Thirty-six per cent more UK holidaymakers visited Bulgaria in 2005, leading to an influx of travel companies many of which are offering guaranteed rental schemes similar to those in France. However, they are not yet well established and Assetz advises property investors to research the history and reputation of the companies involved