The region of Smolyan is situated in southern Bulgaria, in the central part of the Rhodope Mountains, with area of 3231.8 sq.m. Smolyan adjoins with the regions of Plovdiv, Pazardjik, Kardzhali and Blagoevgrad, and also has a common south border with Greece. In Smolyan the properties are still cheap, and those who wants to make good investment can buy properties here. Тhe weather permitting, the availability of natural and historical landmarks and the development of the national and artistic crafts makes it exceptionally attractive town for the tourists and British and Irish real estate investors.Near Smolyan, in the north, is located the famous Bulgarian resort Pamporovo ( 12 km ) and the future coming sport center Perelik (10 km ).

  Pamporovo is one of Bulgaria's most famous ski resorts along with Bansko and Borovets. It is a purpose built modern ski resort. Pamporovo is located 260 km from Sofia and 85 km from Plovdiv, Bulgaria's second largest city and is serviced by the Plovdiv International Airport, which carries mainlycharter and package holiday flights. The airport is currently undergoing expansion to receive low cost carries when the open skies agreement comes into force on joing the EU. Pamporovo is also a very popular summer resort, being marketed as a mountains - and - lakes-resort.

  Investment Benefits: Pamporovo is currently undergoing infrastructural improvements similar to those seen in Bansko; New airline routes to Plovdiv International Airport will dramatically increase tourism to the area; Rental income should be 8 % + per annum and talks are currently underway with major and tour operators; Constructions is only permitted in cleared areas and no trees can be cut down, therefore very limited space for more accomodation.