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Property for sale information

 
Forest Hill  
Reference nr: PG160450
Description:

Priced between 750 and 890 Euros per sqm, Aparthotel Forest Hill is the cheapest off-plan development currently on sale in Bansko. This 4 star luxurious development of just 90 apartments is situated in the heart of Bansko, 250m from the town and 1.3km from the ski lift.

The apartments are expected to sell very quickly as they benefit from low prices, a long term payment plan and they are accompanied by extensive leisure facilities on the lower ground floor.

The development is built over six levels and consists of 63 studio apartments, 14 one bedroom apartments, 11 one bedroom maisonettes and 2 three bedroom apartments. Although the apartments are unfurnished, the apartment is sold with fully finished kitchens (including cupboards, oven, hob, extractor and a fridge) and bathrooms. Most apartments have terraces and all have cable TV and internet access.

Leisure facilities include :

• Indoor swimming pool
• Sauna
• Jacuzzi
• Massage room
• Fitness centre
• Relaxation zone.

A ski wardrobe, free courtesy bus to the ski lift, reception facility, children’s play area, shops and internet room are also provided within the aparthotel.

Located close to the centre of Bansko and with easy access to the ski lift, the development will be built with a wood, plaster and stone external finish in keeping with the architecture of this traditional ski resort. Most of the apartments will have stunning views towards the three mountain ranges surrounding Bansko.

Completion is expected to be in May 2010.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 22,199
1 1 45,428
3 1 130,830
Features:
Furnished
Golf
Private Swimming Pool
Ski
Spa
Submission Date:
12-17-2007
Last Update:
01-28-2008
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: €22,199
 

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