"Bulgarian real estate agency for buy and sale Bulgarian properties"

A few words for our visitors:

Bulgarian property investment is both financially and culturally rewarding. The real estate market from Bulgaria is relatively unexplored and offers incredible investment opportunities. Whether using Bulgaria property as a second home or as a vacation rental, there is never been a better time to buy Bulgarian properties.

Property Type: apartments
Location: Pamporovo
Living area: 107
Number of Rooms: 4

Price:

125000 €



Description:

            THE LUXURY "CASSIOPEIA" VILLA COMPLEX

Pamporovo, the most well-known Bulgarian winter resort lies in the hart of the Rhodope Mountain. It is the most southern ski resort in Europe and the sunniest Bulgarian mountain resort with excellent snow cover trough the whole season. Pamporovo is 240 km far from Sofia - the capital of Bulgaria and 85 km from the second biggest city - Plovdiv. The resort has an exclusive climate featuring a soft winter with about 120 sunny days during the skiing period - from mid-December to mid-April.

The "CASSIOPEIA" VILLA COMPLEX is of stunning quality and extremely beautiful under construction development consisting of only 13 detached chalets with unique style and design. The "CASSIOPEIA" holiday village is situated in the southernmost part of Pamporovo resort, at an altitude of 1,320 m. The view revealed when a person looks outwards from the complex is a view of the emblematic rounded hills of the Rhodope Mountains, overgrown with spruce and pine forests and spectacular view of majestic Panorama Rocks. This complex is situated in the center of scientifically proved longevity region. Typical for this region are the following health features: mountain air breeze circulation, negative air ionization, high biological UV area, air with low microbe quantity, high clean air intensity. The "CASSIOPEIA" complex will be your convenient base for skiing in the winter, and for mountaineering, fishing, biking and relaxation in the summer.

The "CASSIOPEIA" chalets are only 2.5 miles (4 km) from the Studenets ski lift station and 1.9 miles (3 km) from the main road (panorama) between Pamporovo and the city of Smolyan.  This development is ideally located for the private buyer and the investor.

Each Chalet consists of two floors with unique open-plan living room, modern fitted kitchen, cozy fireplace and elegant veranda on the ground level. A design staircase with beautiful windows leads to the second floor, where are two double bedrooms with a common terrace and a large bathroom. Each property will have 107 sq.m total built-up area, 250 sq.m own garden, one car parking lot, local security and fire-alarm system.

The "CASSIOPEIA" villa complex is expected to be complete approx. December 2007

COMMON

To complement the chalets, CASSIOPEIA Complex  will incorporate the following on-site facilities :

  • 24-hour security - guardian and security video-surveillance

• 24-hour reception service

  • Caffe-Bar with fireplace
  • Fitness/Gym
  • Sauna
  • Secure ski storage
  • Parking lots

• Beautifully landscaped gardens with park-lighting and paths

  • BBQ

FINISHING

All chalets will be completed with highest quality materials:

EXTERIOR

  • reinforcing steel-concrete construction
  • solid brick walls
  • thick insulation for extra heat protection of outer walls
  • roof of red tiles, matted over wooden construction
  • outer mineral plaster - white color
  • stone pitched dam facing - "ivailovgradski" stone
  • wooden architectural elements
  • high quality double glazed windows (glasses in green shade)
  • PVC framing - "golden oak" design
  • solid wooden front doors
  • veranda and terrace - granite with wooden elements

INTERIOR

            Entry and Foyer

  • floor - terracotta tiling
  • walls - latex painted
  • ceiling - latex painted
  • electric switches

            Bathroom / WC

  • floor - Spain floor ceramics
  • walls - floor-to-ceiling faience tiling
  • electric boiler
  • sanitary units - toilet, sink and mixing tap, bathtub or shower cabin
  • cupboard and accessories
  • electric switches

            Living Room

  • floor - terracotta tiles or laminate parquet
  • walls - latex finish
  • ceiling - latex finish
  • cozy fireplace
  • lighting elements - switches and ceiling/wall fittings

            Kitchenette

  • floor - terracotta tiling
  • walls - latex finish with decorative faience cover
  • MDF cupboards
  • electric oven
  • refrigerator
  • electric switches

            Bedrooms

  • floor - laminate parquet
  • walls and ceiling - latex finish
  • electric switches

            General

  • individual heating - electric radiators
  • interior MDF-design doors
  • individual security system
  • fire-alarm system
  • possibility for Satellite TV
  • telephone line and Internet
  • cozy fireplace
  • storage
  • staircase with elegant windows
  • parking lot for each chalet

OPTIONAL

Complete interior design and furnishing will be provided by some of the leading furnishing companies in Bulgaria.

Furnishing packs start from €50 EUR per square meter and include everything necessary for using or letting of the chalet.

RESERVATION

Any CASSIOPEIA chalet can be reserved for 20 days with a non-refundable deposit of €1000 EUR or £660 GBP paid to the bank account of the developer - pR2 Development Ltd.

The buyer is expected to sign a preliminary contract with the development company and to pay the first installment within approx. 20 days after reservation.

The payment of installments will start in October 2006.

It is not necessary to come to Bulgaria in order to reserve a chalet or sign the preliminary contract.

PAYMENT PLAN:

  • 30% of the sales price - at signig the preliminary contract for sale (include Reservation deposit)
  • 30% of the sales price - at the completion of the second floor level and finishing of the roof
  • 30% of the sales price - at the full completion of the building and sign Act 15
  • 10% of the sales price - at the signing the notary deeds and transfering the chalet to the client

PRICE IS INCLUSIVE OF VAT!

 

AVAILABILITY

 

Chalet

Availability

1-VIP

Available

2-VIP

Sold

3-VIP

Sold

4-VIP

Available

5-VIP

Available

6

Available

7

Available

8

Available

9

Available

10

Available

11

Available

12

Available

13

Available

PROPERTY MANAGEMENT

We will offer all property owners in Cassiopeia complex an efficient and highly effective Property Management and Letting service. We will provide professional management and maintenance services for the whole complex and for all chalets, together with regular rental income and investment returns of 5% annual.

MAINTENANCE OF THE COMMUNAL AREAS (compulsory)

The maintenance of the building will provided by the developing company

The annual maintenance fee is €800 Euros and will cover the following:

  • Maintenance of the gardens, alleys, parking lots and communal areas.
  • Maintenance of the sauna and fitness/GYM.
  • Maintenance, cleaning, electricity and water bills for all communal areas.
  • Security for the villa complex.
  • Giving/collecting keys for chalets.
  • Standard repairs occurring from normal use.

LETTING MANAGEMENT (not compulsory)

Marketing all CASSIOPEIA Chalets. Owners who want to rent their chalets to skiers and tourists will be offered our letting services. The professional tour-operators will source the reservations and advertise the chalets. For letting of the chalets we charge 15% of the total rental income.
Regular monthly reports will be prepared and available for the chalet owners who will be able to log into our reservation system and to track the past, current and future reservations, availability and occupation, income, expenses, etc.

PROPERTY MANAGEMENT (not compulsory)

Property management service

The annual charge of €450 Euros per year covers the following services:

  • Management and maintenance of all relevant documentation.
  • Organisation of any and all maintenance required at the villa, inclusive of regular cleaning, change and laundry of linen, preparation of the villa for rental, everyday cleaning when the apartment is occupied by tourists, etc.
  • Organisation and payment of any and all expenses relating to the property to third-party suppliers: eg: bills for power and water supply, digital TV, Internet subscription, cleaning and the general maintenance of the apartment, including repairs and renovation as and when required etc.
  • Organisation and the payment of the annual property tax (funds must be supplied by the villa owner).
  • Marketing the property to tour operators and travel agencies for rental to their client base of tourists
  • Reception desk services and dispatch, key services to incoming and outgoing tenants/visitors.
  • Organisation, bookkeeping and the storage and maintenance of all records and received invoices, payment receipts and other documents from third-party
    service providers, agents, local authorities and tax administration bodies etc.

ENVIRONMENT

Pamporovo
Pamporovo resort is the largest ski resort in Bulgaria. It is situated in the heart of the Rhodope mountains at a distance of 240 kilometres from the capital Sofia and 85 kilometres to the south of Plovdiv, the second largest town in Bulgaria. Both towns have their airports. You can easily get to Pamporovo by bus from either Sofia or Plovdiv. There are direct bus lines. You can also easily get to Pamporovo by car.

Climate
With its 270 sunny days a year, Pamporovo is famous for being the sunniest Bulgarian ski resort. The climate here is mild, there are no abrupt changes in weather, neither are there any winds. The snow cover lasts for over 150 days a year, its average depth is 140 to 150 centimetres, often reaching over 2 metres. The average temperature in the winter is minus 3 degrees Centigrade. Pamporovo is situated at an altitude of 1650 metres above sea level, at the foot of Snejanka peak (1926 metres high), and it is from there that the ski courses start, reaching down to the resort and to the notorious Smolyan lakes.

Conditions for skiing
In the region of Pamporovo the snow days are over 150 a year and the snow cover is steady, reaching up to 2 metres. The season appropriate for skiing and snowboarding begins at the end of November and lasts until the end of April. The ski courses near Pamporovo are situated at an altitude of 1925 and 2000 metres above sea level. They have different degrees of difficulty and the total length thereof is over 18,000 metres. For the lovers of ski running and biathlon there are courses near the Snejanka peak and there is also a shooting range at the Yazovira region. The cableways and ski-lifts of the ski courses have the capacity of 8,500 persons an hour. The resort has several ski schools offering highly-qualified instruction in skiing and snowboarding at various levels. Both national and international ski competitions are held here - Alpine disciplines, ski running, ski orientation, biathlon as well as the greatest Bulgarian competitions in snowboarding - free style.

Smolyan
Smolyan, the administrative centre of the region, is situated 11 kilometres to the south of Pamporovo. The town is a students' and youth's lively centre, offering a number of possibilities for entertainment and cultural life.

Rhodope Mountains - the home of Orpheus
Your rest in an oasis of pure and wild nature

The Rhodope Mountains resemble a sea of dark-green hills merging into one another. A single instant of feasting your eye on the beautiful panorama and breathing in the crystal pure air is enough to make you fall in love forever with the magic Rhodopes.
For thousands of years people here have been living in harmony with nature, preserving in the mountains recesses wild and untouched corners of beauty combined with an unbelievable variety of plants and wildlife.

You can hike for days on among century old spruce and beech-trees. Sometimes you will catch a glimpse of a running doe or the fluffy tail of a squirrel and the long ears of a rabbit. Passing through the Rhodopes you will come across numerous herds of sheep and cows returning from pasture.
The Rhodopes have prepared a gift of theirs for every single sense - your eyes will be full of colour, a song will be resounding in your ears together with the murmur of the highland brooks and the sound of cow-bells, you can taste crystal pure water gushing out the countless fountains. Your soul will find peace and relish!

On the paths of Orpheus in sunny summer time

Have you ever heard the legend about Orpheus ? The mythical singer who used to charm people, birds and wild animals with his music.
He was born here in the Rhodope Mountains which have preserved the memory of him and whose woods have been resounding the sounds of the local bagpipe and the magic voices of the native people

The mountain paths are luring one to follow them, so that they can reveal to one's eyes the virgin beauty of nature.
Enthusiastic fishermen can indulge in their passion and go fishing for brook trout, which is one of the most delicious in the world.

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The membership of Bulgaria in EU will not change the selling or the rental price levels for properties in Bulgaria according to experts. Whether this will happen and who will benefit most from real estate trading - sellers or those who rent out their properties has still to be seen. Bulgaria is fast becoming one of the hot markets for British and Irish investors and we believe that Bulgaria offers an unrivalled investment opportunity. With all of these facts you should be able to expect a healthy profit on your investment. House for sale and buy

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