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ID: D-312,
Mountain
Development for sale
Bansko, Bulgaria

Type: mountain
Prices from: € 36 702
Completion date: September 2007

Property Description:

BG Estates Worldwide presents to our clients an unique opportunity to take advantage of the best offer on property market. Modern and luxurious apart-hotel is the first one in Bansko, designed and constructed according to the requirements of the leading hotel standards, which offers the best guaranteed income.

Property Details

The complex has North - South position. South with a view to the Pirin mountain and the North - the direction of the Rila Mountain.

Types of apartments

The complex consists of two buildings connected by an underground covered passage, leading to the parking area. Building 1 is the bigger one, where all hotel facilities are located. Building 2 is located about 20 meters from the building 1 and there are multifunctional conference hall and elegant piano bar. The Aparthotel has five floors and includes the following main types of apartments:

• 52 Studio: 42 m² - 50 m²
• 48 One-bedroom apartments: 69 m² - 86 m²
• 2 Two-bedroom VIP apartments: 110 m² - 215 m²

All housing units are offered for sale furnished to the highest standards and fully equipped as hotel apartments of category 5*****.

Design and build quality

The building is constructed in accordance with the latest trends in the design, construction and operation of this type of hotels in view of ensuring a quality tourist service in compliance with European criterias.

Apart from the basic requirements for any building, as prescribed by effective regulations, the following additional standards are taken into account while constructing the complex:

• high quality ceramic bricks
• 25 cm thickness of walls between apartments
• sound insulated lifts
• entrance doors with double thickness for sound insulation
• sound and thermo-insulation at floors and walls
• possibility for central or autonomous heating and hot water supply
• exclusively equipped for children: safety glasses, fitted carpets, children's room and child-sitter
• fire-alarm system
• safeguarded windows
• first class design, luxury interior & finishing works

Furnishing

We do believe that the strategy of the perfectly designed interior incorporates professional approach and profound knowledge of the contemporary interior standards.
The appropriate furniture means not only style and comfort, but also a steady investment - it may be a great advantage if you are planning a long or short-term letting of your property - the elegant interior will make it preferable and will help you receive higher rental income and obtain repeat business.

At your convenience, BG Decor http://www.bgdecor.com/ provides exclusive furnishing packages, completed up to the highest standards and approved by all major tour operators for rental purposes.

• Exclusive lettings furnishing packages
• High quality furniture items
• An elegant design line and color solutions
• A wide selection of finishes and accessories available

Other info

Renting out the apartment

We offer you the opportunity to contract a professional management company to run your property as a hotel unit.

Your income will not depend on the occupancy of the complex as the management company takes the risk.

Property maintenance

A property maintenance fee of 10 EUR/m² (excl. from VAT) per year will be collected for 1 year in advance.

An agreement stipulating the terms for the property maintenance will be provided to each investor. The maintenance agreement will include the following main clauses:

• 24-hour maintenance of the complex: security guarding, cleaning and maintenance of common areas (corridors, staircases, lifts, roof, facade, courtyard, planting).
• Maintenance of all installations next to the entrance of your apartment: electrical, water supply and sewage, heating and hot water, computer installations, TV and Internet, fire-alarms, emergency lightning, etc.
• Electricity for all lifts and lightning of common areas.
• Free of charge hotel service from the Reception desk and Ski room facilities
• Administrative and management expenditure.
• Immediate intervention in case of any breakdowns and emergencies in your apartment.
• Insurance of all common areas.
• use of SPA centre

Rental income rate is 6% for 2 years and 5% for 5 years!

On-site Facilities

• SPA centre with reception, serving a swimming pool with warming lounges, sauna, steam bath, hydro-jet, cosmetics and massages area, “Rasul” (mud therapy)
• professionally equipped TechnoGym fitness section
• ski room equipped with shoe-drying system
• kids’ corner with a child-sitter
• electronic games room
• computers with free Internet service on the ground floor
• visitor reception desk
• mini-market
• Le Bistro restaurant
• cosy lobby bar with a fireplace
• cable TV, telephone and Internet in every room

Location & Maps

Area info

Bansko

Bansko is 160 km south of the Bulgarian capital Sofia, about a two hour drive from Sofia Airport, with 120 km of motorway for part of the distance, as well as, at 150 km from the Greek sea resort Kavala.

Pirin is a markedly Alpine type of mountain. Its ski runs provide excellent conditions for both professional and amateur skiers. A highly functional network of ski lifts and draglifts has been built here on cutting-edge technology. The ski runs are equipped with safety facilities and excellently maintained.

Snow cover lasts from November until May, and there is the additional advantage of snow cannon that can be used during the winter season.

Winter snow is abundant, forming lasting snow cover up to 3 metres thick. In January, the coldest month of the year, the average air temperature is minus 1.9°C.

In recent years, Bansko has emerged as a leading ski resort in Bulgaria, attracting a growing number of foreign holiday-makers.

Not surprisingly, the Financial Times recently described Bansko as the best ski resort in Eastern Europe, surpassing two other first-class winter holiday spots in the country, Pamporovo and Borovets, in terms of number, design and equipment of ski runs.

This assessment was made after Bansko absorbed the largest amount of investment, over EUR 40 million, in preparation for the ski season for the third year running.

Skiing conditions

Basic facts:

• Elevation: 936 metres above sea level
• Elevation of ski runs: from 990 metres at base to 2 560 metres at top
• Total length of marked ski runs: 14 kilometres
• Longest ski run: 2.6 kilometres
• Slope aspect: north
• Length of cross-country ski trail: 8 kilometres
• Total length of ski runs: 56 kilometres
• Snow cannon availability: at 80% of ski runs

There are 23 cableway facilities in the area, including 10 babylifts, 6 "anchor" type draglifts, and 7 chair cableways. Two quadruple-chair cableways and a draglift went into operation in 2004.

Total length of marked ski runs, including ski roads: 56 km. Altitude of highest ski run: 2 560 m; Altitude of lowest ski run: 990 m

About 35% of the ski runs are suitable for beginners, 40% for intermediate skiers, and 25% for advanced skiers. The resort uses 40 snow cannon covering 80% of the ski runs.

Bansko resort offers its guests a unique 16-kilometer uninterrupted ski run, equipped with snow cannons and lighting, connecting the highest point with the town of Bansko.

Ski runs and other ski facilities are maintained in excellent condition. Some 90% of the ski runs meet the standards of the International Ski Federation for competition venues.

The construction of a new gondola and ski runs is starting.
The first golf course will be launched in operation in spring 2007. A second golf course is under construction.

Local attractions

South of Bansko is the Pirin National Park, a World Heritage Site included in the UNESCO Network of National Geoparks.

Bansko is officially designated a Museum Town. It is a place where the present meets the past: a modern-style town centre contrasts with rows of period houses lining old cobblestone streets.

The town boasts more than 140 cultural monuments.

Ancient fortresses and late-medieval churches have been partly or fully preserved in the vicinity of Bansko.

The town is the birthplace of famous Bulgarian poets, writers, painters, and revolutionaries.

Bansko also serves as a starting point for trips to many other places of interest, such as the town of Melnik, the Rozhen Monastery, the large cities of Sofia and Plovdiv, the Bachkovo Monastery, the resort towns of Sandanski and Velingrad, and the villages of Leshten and Kovachevitsa, where the architecture is typical of the National Revival Period (18th-19th century). A different type of attraction is offered by the Yagodinska Cave, which is a wonder of nature.

Bansko is also set to become a preferred summer destination, especially as it is included in round trips organized by international agents TUI, Thomas Cook, and ITS.

Gallery

Prices & Availability

* BG Estates Worldwide reserves the right to actualizes the prices of the particular object.

Apartment	Bedrooms	Floor	View	Build Area	Total Area	Price in €	Est. Price in £	Status
First floor | Floor Plan : Plan
208	studio	1	south	35 .20 m2	41 .45 m2			Sold
210	studio	1	south	35 .20 m2	41 .49 m2	€37 963	£33 407	Available
212	1 - bedroom	1	south	70 .40 m2	82 .98 m2	€75 927	£66 816	Available
216	studio	1	south	35 .20 m2	41 .45 m2	€37 963	£33 407	Available
Second Floor | Floor Plan : Plan
304а	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
306	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
306а	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
308	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
310	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
312	1 - bedroom	2	south	70 .40 m2	82 .98 m2	€78 416	£69 006	Available
316	studio	2	south	35 .20 m2	41 .49 m2	€39 208	£34 503	Available
320	1 - bedroom	2	south	70 .40 m2	82 .98 m2			Sold
Third Floor | Floor Plan : Plan
403	studio	3	north	35 .20 m2	41 .49 m2	€39 830	£35 050	Available
408	1 - bedroom	3	south	70 .40 m2	82 .98 m2			Sold
408а	studio	3	south	35 .20 m2	41 .49 m2	€40 868	£35 964	Available
410	studio	3	south	35 .20 m2	41 .49 m2	€40 868	£35 964	Available
414	1 - bedroom	3	south	70 .40 m2	82 .90 m2			Sold
Fourth Floor | Floor Plan : Plan
500 VIP	1 - bedroom	4	east/south	90 .80 m2	107 .04 m2			Sold
501	1 - bedroom	4	east/north	84 .58 m2	99 .71 m2	€106 191	£93 448	Available
504	1 - bedroom	4	south	70 .40 m2	82 .99 m2	€88 384	£77 778	Available
506	1 - bedroom	4	south	70 .40 m2	82 .99 m2	€88 384	£77 778	Available
507	1 - bedroom	4		93 .89 m2	110 .68 m2			Sold
508	1 - bedroom	4	south	70 .40 m2	82 .99 m2	€90 044	£79 239	Available
509	1 - bedroom	4	north	56 .69 m2	70 .19 m2	€72 998	£64 238	Available
510	1 - bedroom	4	south	70 .40 m2	82 .90 m2			Sold
511	studio	4	north	35 .20 m2	41 .49 m2	€42 112	£37 059	Available
515	1 - bedroom	4	north	58 .69 m2	69 .11 m2			Sold
517 VIP	2 - bedroom	4	west/north/south	182 .60 m2	215 .01 m2	€290 588	£255 717	Available

Apartment	Bedrooms	Floor	View	Build Area	Total Area	Price in €	Est. Price in £	Status
First floor | Floor Plan : Plan
2201	studio	1	east	44 .21 m2	52 .06 m2	€38 524	£33 901	Available
2202	1 - bedroom	1	west	64 .00 m2	75 .36 m2	€55 766	£49 074	Available
2204	1 - bedroom	1	west/north	64 .00 m2	75 .36 m2	€55 766	£49 074	Available
2207	studio	1	east/north	44 .21 m2	52 .06 m2	€37 223	£32 756	Available
Second Floor | Floor Plan : Plan
2301	studio	2	east/south	44 .21 m2	52 .06 m2	€40 086	£35 276	Available
2302	1 - bedroom	2	west/south	64 .00 m2	75 .36 m2			Sold
2304	1 - bedroom	2	west/north	64 .00 m2	75 .36 m2			Sold
2307	studio	2	east/north	44 .21 m2	52 .06 m2	€38 785	£34 131	Available
Third Floor | Floor Plan : Plan
2401	studio	3	east/south	44 .21 m2	52 .06 m2	€42 429	£37 338	Available
2402	1 - bedroom	3	west/south	64 .00 m2	75 .36 m2	€61 418	£54 048	Available
2407	studio	3	east/north	44 .21 m2	52 .06 m2	€41 127	£36 192	Available
Fourth Floor | Floor Plan : Plan
2501	2 - bedroom	4	east/south	82 .16 m2	96 .74 m2	€85 615	£75 341	Available
2502	1 - bedroom	4	west/south	64 .90 m2	76 .42 m2	€67 632	£59 516	Available
2503	2 - bedroom	4	east/north	82 .16 m2	96 .74 m2	€83 196	£73 212	Available
2504	1 - bedroom	4	west/north	64 .90 m2	76 .42 m2	€65 721	£57 834	Available

Payment installments

Payment in €	Due Date
	3000 euro reservation fee
40%	up to 2 weeks after signing the preliminary contract
60%	before signing of Notary Deed (this term is up to 1 month after first payment/ deferred payment for 3 months available)

Floor Plans

floor	Plan(s)
First floor	Plan
Second Floor	Plan
Third Floor	Plan
Fourth Floor	Plan

floor	Plan(s)
First floor	Plan
Second Floor	Plan
Third Floor	Plan
Fourth Floor	Plan