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Property for sale information

 
Suites and Spa  
Reference nr: TM747447
Description:

This Complex is the only development in Bulgaria planned in accordance with the European apart hotel principles.

In addition, it is developed complying with the requirements of the Bulgarian Tourist Committee and this will guarantee a hotel licence of 4 stars. The developer will handle all maintenance and rental management issues (including minimum rental guaranteed – please see the payment plans page) of the apartments upon owner’s request. Considering the great range of facilities offered and the advantages of the apartment characteristics – modern kitchen and convenient family lodging, all analysts are positive that the Orpheus Valley Apart Hotel will easily win market share from the hotels in Pamporovo.

Security of investment - 4,5% (gross 9%) guaranteed annual rental income
Perspective:
- 5 years rental and management period
- 5 years maintenance contract
Profit:
- 20% annual capital growth
- Security Bank underwritten project
Service and Management:
- Free hotel management service by Balkan Hotel Management Company

Facilities in the Complex:
- Shopping and Food:
- Shopping centre;
- Panorama Café & Bar;
- Main restaurant serving international cuisine;
- Irish pub and disco club;
- Tavern / Traditional wine cellar.
- Entertainment:
- Snooker;
- Darts;
- Pinball machines;
- Gaming /Internet;
- Animation room / cinema;
- Table tennis;
- Baby sitting for children up to 4 years;
- Sports:
- Fitness club;
- Swimming pool- semi Olympic size;
- 3 Saunas (capacity – 20 people) and 2 steam baths;
- SPA and recreation centre;
- Massage;
- Ski and boot wardrobe in every section.

This complex is not a building - it is a lifestyle experience:
- 4 stars hotel license;
- Chambermaid services;
- Parking lot;
- 24 hours concierge;
- 8 elevators;
- All facilities for disabled citizens and corporate events.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 35,363
1 1 62,888
2 1 87,232
Features:
Ski
Spa
Submission Date:
02-28-2007
Last Update:
12-14-2007
Advertiser Details:


Name:
Tzvetanka McFadden

Company:
Imoti Bulgarian Properties

Phone:
353 01-6216691; 087 6202989
Fax:

Mobile:

 
Property Photo Gallery

 

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Pamporovo - Suites and Spa

Pamporovo - Suites and Spa

Pamporovo - Suites and Spa

Pamporovo - Suites and Spa

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Calculators

 
Property price: €35,363
 

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