Bansko Ski Apartments from £25 000

This Bulgaria ski property development is perfectly located by the river in the outskirts of Bansko – the all seasons golf and ski resort in Bulgaria and a property hotspot. The town of Bansko is proud for its historical heritage and unique architectural style which makes it а summer destination as well. The access to Bansko is excellent and will be facilitated even more after the constructions of the nearby airport and the new motorway connecting Sofia to Greece’s Thessaloniki are finished. The construction of the new cableway gondola and the two golf courses has already started and the first golf course will open in the spring of 2007, which will ensure all-year occupancy of the hotel base.

Interested in buying a property at this development? Call Alex on +35 988 742 1911

Contact us now for detailed floorplans, construction update photos and the latest availabilities. Viewing trips available. Enquire now!

The Development

The complex is situated 1 600 meters (1 mile) from the Gondola station and 450 meters (0.3 mile) from the town centre. This property development consists of two buildings connected by an underground covered passage.

• Building 1 is spread over a total area of over 8 300 square meters, 54 % of which is a landscaped area. The building has three elevators. The rooms have north-south disposition. Apartments, facing north are directed towards Rila Mountain and those facing couth – towards Pirin Mountain. The building has already reached the second construction phase – Rough Construction Approval – Act 14 and the third phase – Act 15 is to be reached in February 2007. The completion of the building is expected to be reached at May-June 2007. Building 1 has 5 floors and 102 apartments as follow: 2 (two) 2-bedroom VIP apartments; 48 (forty eight) 1-bedroom apartments of 55-107 square meters and 52 (fifty two) studios of 42-50 square meters.
• Building 2 is the smaller of the two buildings and it is located about 20 meters north of Building 1. It is spread over a total area of over 2 932 square meters. The building has two elevators and underground parking, which serves both buildings. The construction works have started in the beginning of November, 2006 and it is expected to be completed in January 2008, launch into operation starts in February 2008. The building will feature 5 floors and 26 units in number, types and total areas as follow: 16 studios of 40-52 square meters; 8 (eight) 1-bedroom apartments of 68-76 square meters and 2 (two) 2-bedroom apartments of 90 square meter each.

All apartment units are offered fully furnished and equipped to the 5 ***** standard.

Call us on +35 988 742 1911

Features

The implementation of the Complex construction is in accordance with the latest trends in design, construction and operation of hotels, which ensures high quality tourist service. Apart from the basic requirements for any building, as prescribed by the effective regulations, this Bansko property development is additionally equipped with:

• High level of sound insulation on walls and floors
• Fire alarm system
• Water tanks
• Ventilation equipment in all common areas and the ski room
• Additional floor heating in bathrooms
• High level of external thermal insulation
• Individual calorimeter, water-meters and electrometer

On-site facilities

All apartment owners at this Bansko ski apartments development can use:

• Breakfast
• Room service
• Laundry and ironing
• Room cleaning
• Free transport to the aerial cableway station
• Child care services
• Trips to places of interest
• Wine tourism
• Bicycle rental services
• Organization and catering for private parties
• Heat, power and water account reports from the management company

The complex also has a spa centre with separate reception desk that features:

• Swimming pool, sauna, steam bath,
• hydro-jet, massage section,
• beauty parlour and professionally equipped Techno Gym fitness section;

Other facilities of the complex shall provide the following services:

• 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;
• Mini-market
• “Le Bisrto” restaurant

Buying a property at this Bansko Ski Apartments development

If you are interested in buying an apartment in Bansko, you should consider the following steps:

1. We will reserve the apartment of your choice for a period of 21 days, once you have made a deposit to our bank account
2. Upon your expression of interest for purchase, you will receive a preliminary contract for sale and purchase for the apartment by mail.
3. Within 10 working days you should return the contract by mail signed by you in two original drafts
4. You will receive the contract , signed by our party within 5 working days, by courier
5. Within 5 working days you are to transfer to a bank account the first installment from the total property price from which  the sum of the deposit is subtracted
6. The outstanding amount is due according to the agreed payment plan
7. The final sale-purchase contract will be concluded after receiving the final due payment
8. The notary deed will be given to you when handing over the ownership of the apartment.

You can choose a representative to act on your behalf through a power of attorney.

Payment plans

BUILDING 1

• 30% initially - upon signing of a preliminary property sale contract
• 70% before Notary Deed - May 2007

BUILDING 2

• 20% initially - upon signing of a preliminary property sale contract
• 30% upon presentation of Statement #14 for approval of the building structure - March 2007
• 40% upon presentation of Statement #15 for ascertaining the suitability for approval of the building - November 2007
• 10% before Notary Deed - January 2008

Property maintenance

We take care of the common areas and the facilities. A property maintenance fee of 10 EUR/m2 per year will be collected for one year in advance. The fee is based on the total residential area and is fixed for a period of 3 years. An agreement stipulating the terms for the property maintenance will be provided to each investor.
The maintenance agreement will include the following clauses:

1. 24-hour security guarding
2. Maintenance and cleaning of all common areas – façade, courtyard, planting, roof, lifts, corridors and staircases
3. The services of the reception desk (lodging and currency exchange) and the ski room
4. Electricity for all lifts  and lighting of common areas
5. 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 lighting, lightning rod, etc.
6. Immediate intervention in case of any breakdowns, emergencies in your apartment
7. Insurance of all common areas
8. Administrative and management expenditures

The expenses for operation of the Complex hotel section are on the account of the management company.

Renting out you Bansko property

The money you have paid for your apartment can be returned to you in various ways.
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. The return on the investments is over a period of 5-8 years, based on an annual rental price of 6% - 9% of the final property price, and 10% to 20% increase of real estate prices per year in Bulgaria after becoming an EU member in 2007.

Upon the signing of a property management contract the annual return of 6% is guaranteed for the first two years. A new contract could be signed depending on the results achieved during the first two years of your partnership with the management company and the prices of the current lodging rates. We expect it to be higher than the 6%, offered for the first two-years of operation, as the complex will be well marketed by then and the construction in the town of Bansko completed.