Bankya Residence, The Ruins Of A Grand Resort In Bulgaria

Once a grand escape, this now-ruined resort once caught the attention of both a communist autocrat and an eccentric Japanese golfer. Communist leaders often enjoyed lavish lifestyles, and Bulgaria’s Prime Minister Todor Zhivkov, in office from 1962 to 1971, was no exception. A prime example of his opulence was the Bankya Residence, which featured a sauna, an indoor swimming pool, and a beautifully landscaped park.

Built in the 1970s as a sanatorial complex, the Residence took advantage of Bankya’s mineral waters and fresh mountain air, which had long made the town a popular health destination. Prime Minister Todor Zhivkov, however, developed a special liking for this facility, with its distinctive Soviet-era architecture, and used it as his personal residence until he was ousted from power in 1989, just months before the fall of the Iron Curtain.

After the fall of communism, the complex attracted Masako Ohya, an eccentric Japanese billionaire famous for golfing in her distinctive pink outfits. Known as the “Pink Billionairess,” she brought a splash of color to the otherwise gray setting. Ohya bought a controlling share of the property, planning to transform it into a hotel, golf course, and private homes. However, her vision never materialized after her death in 1999. Today, the only reminders of her plans are the Golf and Country Club’s crest above the main entrance and a few scattered brochures in the west wing.

Despite occasional security and events, the building has fallen victim to vandalism. Many distinctive features in the main lobby and restaurant area have been lost to arson and theft. However, it’s still worth a visit, as the ruined interior and overgrown exterior offer unique sights and a peaceful, relaxing atmosphere.