Buying investment property in Bulgaria Bulgaria Real Estate
PROPERTY HIGHLIGHTS
Kutelo Complex is a luxury development conveniently located just 350 metres from Bansko's Gondola Lift Station and just five minutes from the historic town centre Easy Access to the Gondola Lift Station Prices include 20% VAT with full value declared on the Notary Deed Spa Centre: saunas, gym, Jacuzzi, steam room and relaxation room Indoor private swimming pool Facilities free for owners
Price Range: from €40,386 *
Expected Completion Date: Dec 2007
Investment opportunity
The developers recommend this development as attractive to investors for the following reasons: Substantial capital gain is expected due to its premium location. Bansko is an all season resort multiplying the effect on your investment Anticipate attractive rental returns as quality accommodation in this region is in high demand during the peak winter season
Payment plan Terms of payment are designed to attract investors, with just 20% deposit.
A larger 40% deposit means a 5% price discount.
Preliminary contract 35%
Roofing 35% Dec 2006
Completion 30% Dec 2007
Reserving an apartment Clients may reserve an apartment for a fee of £1000 (€ 1,500). The property will be removed from the market for a period of up to four weeks
Kutelo Complex is a luxury development conveniently located just 350 metres from Bansko's Gondola Lift Station and just five minutes from the historic town centre.
Superb on site facilities (free use for owners) will include spa centre (including indoor swimming pool, sauna, gym, jacuzzi and relaxation room), restaurant, ski- and boots- wardrobes and parking spaces.
Ref.No IPDIMD12
About the area Bansko has recently emerged as a world class ski resort and now represents the brave new world of Bulgarian skiing. Over the past 18 months over 35,000,000 euros has been invested upgrading and improving the skiing facilities to rival that of any top western European Resort.
Superb on site facilities (free use for owners) will include spa centre (including indoor swimming pool, sauna, gym, jacuzzi and relaxation room), restaurant, ski- and boots- wardrobes and parking spaces.
The unique location provides a breathtaking and unspoiled view of the magnificent Rila and Pirin mountain and the adjoining courtyard. The outside barbecue area, open-air kindergarten and landscaped gardens will provide an ideal atmosphere for relaxation and tourism throughout the year.
Investment opportunity
The developers recommend this development as attractive to investors for the following reasons:
Substantial capital gain is expected due to its premium location. Bansko is an all season resort multiplying the effect on your investment They anticipate attractive rental returns as quality accommodation in this region is in high demand during the peak winter season Ski facilities to rival any western European ski resort Although the ski season is expected to command 75% of the total rental revenue in a 5 month period, accommodation of this kind will also be in demand for walking and sports holidays during the summer months
The owners will be running a full management and rental program to maximize return on investment.
Kutelo Complex is a luxury development conveniently located just 350 metres from Bansko's Gondola Lift Station and just five minutes from the historic town centre.
Features
Easy Access to the Gondola Lift Station Prices include 20% VAT with full value declared on the Notary Deed Spa Centre: saunas, gym, Jacuzzi, steam room and relaxation room Indoor private swimming pool Facilities free for owners Open Air kindergarden Landscaped Gardens Parking Traditional architectural style Ideal for holiday letting during both the ski season and summer holidays Fully fitted bathrooms Ski boot wardrobe in basement Lifts in all sections 24 hours concierge and private security parking
Owners will be providing a full property management and letting service
Maintenance Maintenance Services are provided for EUR 10 per sq. m. annually. These cover maintenance of the building, incl. electricity and water systems and roof, cleaning public areas, gardening, payrolls of staff.
Completion Date - Dec 2007
* pricing subject to change please check final pricing.
Buying in Bulgaria is normally a simple and straightforward process when coming to purchasing property such as apartments and condo units on a plot of land.
Bulgaria has a wealth of character, culture and history
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Investment Matching Service
Supply your budget and timescale and let us do the rest. We will supply a selection of options to choose from.
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Kutelo Complex is a luxury development conveniently located just 350 metres from Bansko's Gondola Lift Station and just five minutes from the historic town centre
Investment Matching Service