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Property for sale information

 
Alpine Lodge Complex  
Reference nr: PG897911
Description:

The 4 star Alpine Lodge Complex comprises of 132 fully furnished luxury apartments in a building built in traditional style with an exterior of wood and natural stone. This represents an excellent investment opportunity in Bulgaria’s premier ski resort, Bansko.

Under construction and close to completion, purchasers of these apartments can expect good capital appreciation and a high rental income from this complex which has easy access to the new ring road that links the complex directly to the gondola lift that is situated approximately 600m away to the south. The shops, bars and restaurants of the historic old town of Bansko are also approximately 600m away to the east. The road that will link Bansko to the Ian Woosnam signature championship golf course also passes close by the complex.


The Facilities

The facilities provided at Alpine Lodge will match those of any other development in the area and will provide both indoor and outdoor options to attract the summer rental market as well as the winter market. These facilities consist of :

• 4 Star Apartment Hotel Complex - with full reception area
• Fully Furnished apartments with Fully fitted Kitchens and Bathrooms
• Good sized extensive Leisure & Sports facilities (In-door & Out-door)
• Spa Centre incorporating Sauna, Turkish Bath, Massage/Treatment Area, Plunge Pool
• Swimming pool and Jacuzzi area with glass doors opening for the summer
• Sun Terrace - indoors & outdoors sun-bathing
• Fully equipped Gymnasium
• Out-door Sports facility - Badminton/volleyball/basketball
• Ski & Golf storage room on ground floor with exterior entrance
• Landscaped Gardens with Children's play areas
• Outdoor Picnics and Bar-B-Que area for the summer
• Bistro Restaurant with indoor-outdoor seating
• Lobby/Wine Bar with Comfortable lounge area with open fire place
• Electrical heating throughout with fireplaces in common areas
• Retail shop outlets
• Wireless Internet & Cable TV
• Fire Alarm System and CCTV Security Systems
• Car Parking available at street level
• 5 min Shuttle Bus to the Gondola Lift and Golf Courses


The Apartments

The apartments are well designed to maximise the space available. All apartments will be fully furnished with ‘Ready to Rent’ and Ready to Live’ packages (see below) and most have terraces or balconies which offer clear views of the Pirin, Rila and Rhodope mountain ranges.

All apartments benefit from fully fitted kitchens with oven, two or four ring hob, extractor and fridge. All bathrooms are also fully fitted with bath with shower, sink, vanity unit and toilet. Some of the larger two bedroom apartments also have an additional bathroom or cloakroom.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 40,350
1 1 83,377
2 1 108,465
3 1 233,145
Features:
Furnished
Golf
Private Swimming Pool
Ski
Spa
Submission Date:
12-14-2007
Last Update:
10-28-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
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Calculators

 
Property price: €40,350
 

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