Investment Property in Bulgaria: Luxor, Bansko, Bulgaria

Apartments in 5* Hotel close to main ski lift in Bansko

Luxor ApartHotel Investment Property in Bulgaria

This new luxury apartment complex built by a respected 5 star hotel chain, located less than 100 metres from the main ski lift in Bansko. Knowing that there are many developers building in Bansko it is important to find something unique. With a location and qualities like these we can see instantly that this development will be in high demand.

Off plan property Bulgaria, Bulgaria Investment PropertyThe developer of is not your average construction company. With over 20 years experience in building 5 star hotels and restaurants this development is going to be their landmark project offering the highest standard of services in hospitality in the Balkans.

Including

• 25 Meter Indoor Heated Swimming Pool
• Restaurant, Bars, Casino, Shops, Ice Rink
• Lobby Bar & Piano Bar
• Wellness Centre, Sauna, Jacuzzi, Turkish Baths, Relaxation Area
• Ski Storage, Green Areas and Landscaped Gardens
• Commercial Area with Salon
• Tennis Court & Indoor Squash Court
• Underground Parking & 24 Hour Security

Why Buy an Investment Property in Bulgaria's Premier Ski Resort?!

• Only 20% deposit required on signing of preliminary contract. Usually 30% - 40% is required at this stage.
• Fully Integrated On-site Rental Management Office and Online Rental Banking System.
• Assignable Contracts - Sell at any time with no capital gains tax liability.
• Completion is December 2007. This gives the investor 3 Years of capital growth with little money down.
• Resale Program - The Investor can resell the property at any point during construction giving him/her returns of above 100% on initial investment.
• Remarkable Location - Less than 100 meters from the main ski lift. This will be a 'sell out' project.
• 5 Star Hotel Chain - The development will be the admiration of Bansko and envy of others. Quality does not come any more superior.
• Fully Furnished Apartments ensures an immediate discount of 10% - 15% for all our clients.
• Summer & Winter activities provided by the resort mean 'Luxor Bansko' also caters for those who cannot ski!
• Brand New Release - Investors can cherry pick the best units.
• Well Established Infrastructure of ski lifts, pistes, restaurants, bars, hotels and resort facilities.
• Proximity to Sofia means holiday makers only have a 2 hour drive to the resort.
• The Number 1 Tour Operator for Bulgaria in the UK, 'Balkan Holidays', has invested over €20 Million in the ski lift systems and infrastructure.
• Extensive Marketing Campaign which will keep Bansko the number one ski resort in Bulgaria.
• All Year Round Rental Season offering skiing in the winter, mountaineering, trekking and water sports in the spring and summer.
• Planned Airport and Golf Course within the next 18 months.

The Payment Terms

The developments' location and the level of quality makes this an investment not to be missed, but what makes it more interesting is the way in which the deal has been put together.

Firstly most developers in Bansko require between 30% -50% of the property price on signing of the preliminary contract and staged payments before completion.

Secondly most if not all of properties in Bulgaria are sold without furniture, kitchens & bathrooms.

The developers require only 20% deposit on signing of preliminary contract and 20% in a year plus free furniture packs with kitchens and bathrooms for all our clients!

Option 1

Stage 1	€1000 reservation fee, reserves property for 21 days
Stage 2	First deposit of 20% on signing of preliminary contract within 21 days plus 1% legal fees
Stage 3	Second deposit of 20% on completion of roof in 2006
Stage 4	Completion is December 2007 where the remainder 60% is required through pre-arranged 70% mortgages or cash. Arrangements made with the rental management companies will ensure tenants for the 2007/2008 season>/td>

Option 2

Stage 1	€1000 reservation fee, reserves property for 21 days
Stage 2	First deposit of 20% on signing of preliminary contract within 21 days plus legal fees 1%
Stage 3	Sell before second instalment with an estimated 20%-30% increase in the total price

Option 3

Stage 1	€1000 reservation fee, reserves property for 21 days
Stage 2	First deposit of 20% on signing of preliminary contract within 21 days plus legal fees 1%
Stage 3	Second deposit of 20% on completion of roof in 2006
Stage 4	Sell after second instalment before completion with an estimated 50%-60% increase in total price

Bansko, Bulgaria, The Place

Off plan property Bulgaria, Bulgaria Investment PropertyBansko is the newest and fastest developing ski resort in Bulgaria.

Unlike Borovets and Pamporovo, it has managed to combine the latest technological developments with the authentic atmosphere of a Bulgarian village. It has the qualities of a unique settlement with a large number of cultural monuments and traditional architecture.

Bansko welcomes around 450,000 people every year but with the speedy development of the resort, the construction of new hotels, and the growing number of services offered to tourists the number of visitors is said to triple in the next couple of years!

"Bansko has become Bulgaria's number one resort and made the region a serious contender for the 2014 Winter Olympics……"

Images

Luxor Bansko