4-STAR APARTMENTS WITHIN LUXURY HOTEL COMPLEX THAT COMES WITH 10 YEAR RENTAL GUARANTEE!!!
This Complex is a 4-star private residential unit located within the wonderful Hotel complex. It is represented by 9 Greek Type Buildings 5 in Group A and 4 in Group B. There are all with three floors and there are 6 apartments in each of them. The total numbers of the apartments in the complex are 57.
It’s located in the picturesque Spa town and, when completed, will become the top hotel in this busy tourist town.
The town is situated in south-western Bulgaria, at the bottom of Pirin Mountains, 173 km away from Sofia, and 22 km from Kulata, the cross-border checkpoint with Greece. The town is best known as a leading international spa and natural healing centre because of its climate and the hot mineral springs. Over 200 Mediterranean plant species not found elsewhere in Bulgaria can be seen in a park which is of particular note. On the place of the present town there was an old Thracian settlement that had sprung up near the hot mineral springs. The town history has been also marked by the Romans and the Byzantines.
Today, the city is one of the most significant centers in Europe for treatment of diseases of the upper respiratory track and the lungs. It is also one of the warmest places in Bulgaria and has a year round tourist season.
Apartments are arranged as:
* One Bedroom Apartments 9 – many on ground floor with large private gardens.
* Two Bedroom Apartments – 46
* 3 Bedroom apartments – 2
All ground floor apartments (19 in total) have individual garden areas. The apartment complex is divided in two sections with apartments in Group A oriented towards the outdoor pool area. Apartments in Group B are oriented towards the Bistritsa River affording lovely relaxing views.
Each apartment has:
* Floor covering -for the living room: ² floor – ceramics, ²² and ²²² floor – wall-to-wall carpeting. For a kitchen unit: ceramics. Bedrooms – wall-to-wall carpeting.
* Walls -puttied and painted, with smooth cover allowing aqua-dispersive paint (latex) to be laid on.
* Electro -mounted conductors according to the project to the brackets of the plugs and the lamp extensions, mounted switches and plugs. Mounted conductors for a telephone, internet and cable television according to the architectural project.
* Heating / Ventilation -mounted inventor air-conditioning, thermal pump multi-
split system according to a project: 1 exterior and several interior bodies.
All the apartments are fully furnished!
Apartment owners and their guests have free access to the main facilities of the hotel,
Including water sports, games room, play area. For those who want a quiet holiday you may use the spa, wellness and fitness centre or beauty salon, indoor and outdoor swimming pools, or even if that’s not enough to tire you, you can enjoy a one day tour to beaches in Greece only 40min away.
10 Years Rental
Apartment owners will have the option of leasing their apartments back into the Hotel. The lease is on offer for a 10-year term, unique in Bulgaria today. Owners will receive a minimum guaranteed net annual rent of 5,100 Euro for a two bedroom apartment and 4,200 Euro for a 1 bedroom apartment.
Incremental rental income will be available for higher occupancy levels and it is anticipated the complex will achieve yields of 7% net following the first year of operation.
The apartments represent an excellent investment from one of the largest hotel groups in Bulgaria. Rental income is guaranteed and capital appreciation will also be strong as the area is growing in popularity with International clients and Greek clients coming across the border for shopping expeditions.
The complex is:
* only 1 hour from the beautiful White Sea beaches in Greece
* near the magnificent River "Sandanska Bistritsa"
* ....And only 40 minutes from the New Golf Course in Razlog
* The best ski resort in Bulgaria - Bansko is only at 40 minutes drive
Nearest cities:
* Blagoevgrad -53 km
* Petrich -20 km
* Razlog -40km
* Melnik -10km