Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Bulgaria's best kept secret......Pamporovo  
Reference nr: MK270177
Description:

Key selling points

- Luxurious 4 star development from as little as 65,000 Euros
- Spectacular and uninterrupted views from all apartments
- A secure investment with rental guarantee
- Free furnishings pack included worth up to £8k
- Ski lifts only a few feet away
- Nearest airport less than 1 hr

Pamporovo is probably the finest ski resort in Eastern Europe. Being so close to Greece, Pamporovo not only adopted its sunny climate of 240 days a year but the resort is also blessed with masses of natural beauty. In addition the Mountains also a centre of the ancient Thracian culture. Since ancient times this place has been known as a source of legends and myths. One of the most famous being of the singer Orpheus who was born in the region. This is probably why it benefits from high occupancy rates throughout the winter and summer seasons.

Plans to expand Pamporovo into a super resort also under way connecting the local town of Smolyan with the nearby Perelik mountains, by ski lift, in order to treble its ski tracks. With journey times less than an hour from the nearby airport (Plovdiv) and huge interest from low cost carriers you can see why Pamporovo stands out way beyond its competitors.

The Palaz meaning Palace is situated 1650 meters above sea level and consists of 67 boutique apartments as well as a 4 star hotel addition. All apartments come completely furnished throughout and are ideally located surrounded by three ski lifts within a few feet of the complex. This four star complex is being designed and built by a developer who’s architectural background will ensure the project is built to national and EC regulations and will include a fine dining restaurant, private bar, reception, swimming pool, sauna, massage rooms, 24 -hour security, landsacped gardens, parking ski lockers and gym to name but a few.

- Full property maintenance and management
- Flexible installment plan to suit.
- Ideally located for ski slopes.
- High rental returns
- Plovdiv airport only 85 km away
- Properties rising on average by 20% per annum
- Completed and ready for occupation by October 2007

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 64,000
1 1 72,400
2 106,500
Features:
Ski
Submission Date:
11-13-2007
Advertiser Details:


Name:
Mo Khan

Company:
NoMoreHotels Ltd

Phone:
0044(0) 870 850 8514
Fax:
0044(0) 208 675 8044
Mobile:
0044(0) 7931 181 768

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €64,000
 

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