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Property for sale information

 
Bulkan Jewel  
Reference nr: GL155848
Description:

THE BALKAN JEWEL
Bansko, Bulgaria - Completion 2008


A Hassle Free Investment

• Only 15% on exchange
• Proven rental scheme with year round returns
• Fully furnished with stylish fittings
• Full property management by Colliers International
• A unique opportunity to capture multiple tourist markets.
• Easily accessible from UK and European airports on low cost airlines now including EasyJet


The Opportunity

An excellent long term investment opportunity, this fully managed development is offered by a impressive collaboration of global companies. Each Bansko apartment for sale is south facing, boasting sensational panoramic views and overlooks the Ian Woosnam golf course. Year round rental potential to capture multiple tourist markets including: skiing, spa, adventure and outdoor activities such as golfing and hiking.

The Global Difference Behind the Project:

• Colliers International - Full property management and proven rental scheme.
• Vector Group - UK’s premier project management company to guarantee structural quality & integrity.

Apartment Specifications:

• Spacious apartments specifically designed by Rokke Ltd for luxury and comfort. Contemporary kitchen with European appliances
• Under floor heating bathroom
• Personal storage locker for sports equipment

Facilities:

• Reception and parking
• Fitness centre and outdoor pool
• Children’s' play area and garden
• Shuttle bus to Bulgaria ’s premier ski resort
• Excursions including: shopping in Sofia , wine tasting, rock climbing, horse riding, cave trips, bird watching, mountain biking, visits to monasteries and much more.
• Banya's hot mineral springs are only minutes away.

Investment Information

• Property Price Increase - Overall by more than 25 %
• Massive growth potential - Bulgaria is one of the fastest growing tourist markets in Europe and one that The World Tourism Organisation predicts to welcome in excess of 20 million tourists by 2020.
• Stable economic climate - The economic, political and social stability of Bulgaria has significantly boosted property prices demonstrated by the growth of foreign investment. The level of foreign investment in Bulgaria has now reached a prestigious seventh place in world rankings up from 92nd place in 1990 – 1992.

Furthermore, the Bulgarian economy was preferred to many leading European countries occupying third place behind Luxemburg and Iceland. (Source: The 2007 Annual Report on investments of the United Nations Conference on Trade and Development (UNCTD))

Payment Structure
Mortgages Available

30% Signing of Contract
30% Stage Payment
40% Completion


Brochures & Buyers Guides on Request

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 83,428
Features:
Furnished
Ski
Spa
Submission Date:
10-25-2007
Last Update:
11-06-2007
Advertiser Details:


Name:
Glenda Lazare

Company:
Avatar International

Phone:
020 8332 8670
Fax:
020 8332 8679
Mobile:

 
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Calculators

 
Property price: €83,428
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations