Ad ref: 029672
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Villa Park Mountain Residence in Borovets
Villa Park is another rare and unique opportunity to buy in the centre of Borovets ski resort the oldest and the easy to reach resort. Villa Park is situated only 5-7 minutes walk to the nearest ski lift and would make a perfect investment or winter holiday getaway. Unbeatable facilities (indoor swimming pool, fitness centre, spa etc) as well as the prime location to the centre of Borovets resort makes it perfect buy to let investment!
Management and rental compnay is on site and will rent your apartment should you decide to use their services.
Guaranteed rental for a studio:
First year 2007/08 - Euros 2,000
Second year - Euros 2,200
You can also rent your apartment without the guaranteed rental option and receive variable income. Both schemes allow for personal usage of the apartments!
Villa Park's facilities:
ˇ 24 hour front desk and concierge
ˇ Security system
ˇ Safe-deposit box
ˇ Underground parking
ˇ Lift
ˇ SPA centre, including indoor heated swimming pool, fitness, saunas, steam bath
ˇ Ski storage
ˇ Restaurant (80 seats), lobby bar (20 seats)
ˇ Shops
ˇ Green areas and open-air kindergarten with outdoor decorative lighting
ˇ Laundry and ironing
ˇ Management and support
The building
ˇ The area of the lot on which the residence will be built is 3,000 m˛, and the total built up area of the building is 7,100 m˛. Villa Park will be provided with:
ˇ High quality heat insulation
ˇ A balcony for each apartment
ˇ Splendid view of the Rila'
s peaks or of the centre of Borovets
SPA Center facilities:
ˇ Indoor heated swimming pool
ˇ 2 saunas
ˇ Steam room
ˇ Massage rooms
ˇ Aromatherapy
ˇ Thalasotherapy
ˇ Water massage
ˇ Fitness
ˇ Coffee bar
The apartments
All the apartments will be finished with high-quality materials:
ˇ Carpet covering or laminated flooring in each apartment
ˇ High-quality terracotta floor tiles in the bathrooms and the kitchens
ˇ Fully furnished bathroom and WC, including shower cabin and all kinds of accessories
ˇ Internal walls covered with gypsum plasterboards
Full furnishing
Owners could choose between 4 furnishing packages. Each package includes everything necessary for the apartment to be ready for use or to be rented.
ˇ Bedroom beds, wardrobe, cupboard, bedside table, night lamps, bedding and blankets, curtains or window blinds
ˇ Kitchen cooker, microwave oven, refrigerator, dining table, chairs, and kitchenware
ˇ Living room sofa and armchairs, TV set, TV table, shelves, curtains or window blinds.
ˇ Corridor coat rack, cupboard, mirror
PLEASE NOTE THAT ALL PRICES ARE IN EUROS!
All apartments will be equipped with:
ˇ Heating system
ˇ Aluminum radiators
ˇ Security alarm system
ˇ IP telephone connection
ˇ High speed internet access
ˇ Cable TV
ˇ Lighting
ˇ Fire alarm
Maintenance and management of the property
First class property management services will be provided by the seller. The annual service charge of 5.5 euro per sq. m. will cover: cleaning and maintenance of the common areas of the building and the elevators, maintenance of the garden and the open-air kindergarten, common lighting and electricity as well as all other services connected with the common areas of Villa Park.
Buyers may choose a lawyer themselves. In case they do not have a certain lawyer we can recommend them law offices that are specialized in such matters.
Title Deeds
It is a standard practice in Bulgaria to declare the property at the Notary Public below the selling price value to minimize payment of local taxes. The property is normally declared at 30-40% of the selling prices and the client costs are calculated accordingly and should not exceed 3% of the declared value.
Comparison of Borovets ski resort and its advantages:
Easy access. The closest ski-resort to Sofia, only 50 minutes drive from the airport. Many airlines fly to Sofia to name a few: British Airlines, Lufthansa, CSA Airlines, etc.
Popular place to spend a weekend or summer holiday for people who live in Sofia. You will not be just targeting the foreign rental market, but local as well, although rental will be lower.
The oldest ski resort, the snow stays longer than on other resorts in Bulgaria as it is located at the highest point in the mountains, hence longer renting season in winter!
The complex is located 200 meters away from the lifts!
Limited construction Borovets ski resort is reservation area and a National Park. It guarantees that it will not be overbuilt like Bansko, which in return means no oversupply of properties in future.
Major point serious investment is on the way in Borovets area called "
Super-Borovets, which means improvement in the infrastructure, 5 star hotels in the surrounding area (not Borovets itself). All this will drive the capital appreciation at a very high rate as they are not even near the prices in Bansko
Low cost airlines are flying to Sofia regular and this trend is on increase, which is good news for holidays makes as well as the investors!
One of the most reputable developers in Bulgaria
General information about the area:
Today Borovets is the oldest and the biggest mountain resort in Bulgaria, situated at 1350 m. altitude, and is a modern all year round resort, with luxury hotels, restaurants with international and traditional Bulgarian cuisine, bars where world-famous Bulgarian wines can be tasted, night clubs and discos. Situated 73 km from the capital of Bulgaria Sofia, and 126 km from Plovdiv the second largest city in the country, Borovets is easy of access and preferred place for a holiday, tourism and sport. It provides excellent opportunities for winter sports: the ski runs are with total length of 45 km, and are of various difficulty, they are suitable not only for skiing but also for snowboarding, ski jumps, biathlon, night skiing. New runs and equipment are in process of construction. Visitors who do not ski may enjoy organized trips to picturesque spots in the Rila Mountain like the Seven Rila Lakes, the famous Rila Monastery, Mussala peak, etc. They may also ride or fish, or visit the King'
s Residence in Borovets.
Super Borovets resort plans for investment (click here to read the articles)
In Rila the mountain with pure-clean and marvelous lakes, from which rise some of the deepest and longest rivers in Bulgaria, at the foot of Moussala peak (2925 m) the highest peak on the Balkan Peninsula, huddles Borovets resort. It was established in 1896 by King Ferdinand who has been delighted by the picturesque area and the mountainous crystal-clear air, and has decided to build there his summer residence. The name of the resort comes from the Bulgarian word "bor pine after the age-old pine woods that cover the place.
Borovets is one of the mountain resorts where in 2014 the Winter Olimpics would take place in case the candidature of Bulgaria is approved. During the next years the "Super Borovets project will be developed. The resort is expected to become a tourist place with modern infrastructure, wide range of services, and opportunities for sport and entertainment. Thus Borovets would turn into the largest winter resort on the Balkan Peninsula. |
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Sales contacts
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| Price |
From 41,705 GBP (Freehold) [60,850 EUR] |
| Property type |
Studio, New Build |
| Floor area |
36 sq. metres |
| Outdoor features |
Balcony |
| Property features |
Double Glazing, Central Heating, Newly Decorated |
| On-site features |
Communal Parking, Restaurant, Gym, Spa, Supermarket/Shops, Bar, Gardens, Leisure Facilities, Local Transport |
| Suitability |
Elderly Persons, Children |
| Rooms |
1 Bathroom, 1 Kitchenette |
| Address |
Borovets, Sofia (South-West/Ski), Bulgaria, Europe |
| Transport |
Nearest Postal Town: 5 Minutes by Car, Nearest Major Airport: 50 Minutes by Car |
| Location type |
Mountain, Resort, Rural, Town |
| Name: | Mrs Genovese |
| Company name | Hot Properties Overseas | | Telephone: | +44 (0)161 9040004 (Office hours) |
| Alt Telephone: | +44 (0)7870 160449 (Out of office hours) |
| Email: | Click here to email the advertiser direct |
| Ref: | StudioVPBorovets |
| | | Name: | Mrs Genovese |
| Telephone: | +44 (0)161 9040004 |
| Alt Telephone: | +44 (0)7870 160449 |
| Email: | Click here to email the advertiser direct |
| Website |
http://www.property-gems.co.uk |
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