SKI-IN/SKI-OUT Gated residential complex near the Gondola lift of Bansko ski resort

 
BULGARIA / BANSKO
Prices from € 62 265

Total number of units

  • Total: 326
  • Sold: 310 (95%)
  • Reserved: 7 (2%)
  • Available: 9 (3%)
  • Location: Bulgaria, Region Blagoevgrad, Bansko, Belvedere Holiday Club MAP
  • Development: Holiday residential BROCHURE
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:326  
  • Units available for sale: 9 (3%) PRICE LIST
  • Unit sizes: 68.88 sq.m – 88.04 sq.m FLOOR PLANS
  • Unit prices: € 62 265 – 101 246 PRICE LIST
  • Prices per sq.m.: 875 – 1 170 €/sq.m
  • Development status: Completed & operational
  • Date of completion: October 2008
  • Ownership: Freehold 
  • Rental return (p.a.): 3% (estimated)
  • Capital appreciation (p.a.): 5% (estimated)
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Complex/building features

  • Sizes of units 68.88 sq.m - 88.04 sq.m
  • Total unfolded area of the building/s 21647 sq.m
  • Total number of units 326
  • Total floors 6

Distances

  • Airport 160 km to Sofia (SOF)
  • Distance to ski lift 400 m
  • Distance to beach resort 160 km
  • Distance to centre of the town/city 800 m
  • Food shop 100 m
  • Hospital 1 km
  • Bus stop 400 m
  • Railway station 1.20 km
  • School 1 km
  • Closest town - 5 km

Rental income features

  • Rental demand in the area Moderate
  • Who will rent Tourists
  • Unit finishing in order to rent Fully-furnished
  • Rental management In-house management company
  • Annual rental income 3% (estimated)

Taxation

  • Annual local tax/council tax (approximate) 50-100ˆ for apartment
  • Capital gains tax/profit tax on resale 10%
  • Tax on rental income 10%
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

  • Easy exit Moderate
  • Resale management/consultant Local estate agent , Stonehard
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing turn-key, furnished
  • Furnishing Furnished/unfurnished
  • Flooring in rooms Laminate flooring
  • Internal walls Painted walls
  • Heating Gas heating system / Local heating / Pellet heating appliance
  • Air-conditioning No air-conditioning system
  • Windows UPVC window frames

Facilities in the complex/building

  • Communal Elevator, Outdoor parking lot, Reception desk, Internet access, Rentacar, Room service, Wi-Fi internet in the whole complex
  • Recreational Children's pool, Fitness centre, Football pitch, Indoor swimming pool, Outdoor swimming pool, Tennis court, Jacuzzi, Massage, Sauna, Solarium, Steam room
  • Commercial Bar, Cafe, Restaurant

Additional purchasing costs

  • Total additional costs 4% of the purchase price

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 5% (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Ongoing costs and aftersale charges

  • Maintenance charge Obligatory, 11 ˆ per sq.m. per year
  • Management fee and looking after property Not obligatory, 300 ˆ per year
  • Keyholding Not obligatory,
  • Accountant Not obligatory,
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