Investor interest in Bulgaria's winter resorts was so high, that leading resorts could no longer accommodate it, Capital newspaper reported.

As a result, a number of projects were going to be carried out in nearby villages. Investors were moving away from Bansko and starting to turn their attention to Razlog and Dobrinishte, the report said.

Betlovoto area, located close to Bansko, will soon host a new golf course, Capital reported. Such projects constantly increased property prices in Bansko's nearby areas.

Over the past years Bansko municipality issued over 300 construction permits. Investor interest was switching from hotel construction to residential property, Bansko mayor Aleksander Kravarov said.

Such developments could lead to apartment over-construction, said Kravarov. To deal with the problem, Bansko municipality ordered a temporary construction ban. The ban affects only Bansko and is not valid for villages located nearby.

A month before the start of the winter season construction works are ongoing in Bansko and property prices remain stable, Capital reported.

At the same time the investment zone is expanding. High prices within Bansko made investors look for opportunities in nearby villages.

To ensure the equal development of the entire region, Bansko municipality had to set up quality infrastructure, Kravarov said. Bansko already faced some problems with electricity and water provision, Capital reported.