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Property for sale information

 
Forest Hills, Pamporovo  
Reference nr:
Description:

Description: Stunning luxury ski apartments in Bulgaria’s fastest growing prestige mountain resort, featuring outstanding facilities and local amenities at unbeatable prices.

Studios from: €35,000 incl VAT
1 beds from: €75,000 incl VAT
2 beds from: €112,000 incl VAT

The Development

Forest Hills is a luxury ski lodge resort in the top mountain holiday destination of Pamporovo, with stunning views over the pine forests and peaks of the beautiful Rhodope Mountains and a wealth of sporting and leisure amenities on hand.

A new motorway from the local town of Smoylan south into Greece will bring the famous beaches of the Greek Aegean within a 45 minute drive of Pamporovo, making it a truly unique lifestyle and investment property opportunity.

Forest Hills - At a glance
• Fitted kitchens, Spanish tiling and solid timber double glazing
• 24 hours reception & security
• Resort restaurant & bar
• Shopping centre
• Spa centre with pool, gym, steam bath, sauna, beauty saloon, solarium & jacuzzi
• Internet & Business centre
• Kids game area
• Ski & snowboard equipment
• Ski school
• Transport to ski slopes every 30 minutes
• 24 hours taxi service & car rental
Local Amenities in Pamporovo
• Skiing & Snowboarding
• Golf (New Perelik Golf Course)
• Motor ski-sledging
• Rock climbing
• Hill-walking
• Equestrian activities
• Angling
• Watersports
• Natural spa therapies
• Cultural sites and tours
The Apartments

All apartments are designed and constructed to the highest specifications and feature:
Fully fitted kitchen with built-in oven hob and extractor fan
Central heating
Luxury finished flooring
Solid timber double glazed windows

Forest Hills, Pamporovo

Bulgaria’s tourist industry is booming, and its mountain resorts are booming most of all. Skiers, snowboarders, watersport-lovers, horse-riders, rock-climbers, ramblers and yes... savvy property investors, are all heading for the beautiful Pamporovo region of Bulgaria’s famous Rhodope mountains.

Boasting the best skiing in Bulgaria, 200 days of sunshine a year, exquisite lakes and a new Ian Woosnam designed golf course, the region is destined to become Bulgaria’s leading tourist destination... and a winner for property investors like you.
Furniture packages are available from c. €3,000 (Studio), €4,000 (1 bed), €5,000 (2 bed).

Unbeatable Prices - VAT Inclusive!

Studio apartments from: €35,000 to €53,000
1 bed apartments from: €75,000 to €94,000
2 bed apartments from: €112,000 to €166,000

Payment Terms
€ 3,000 non-refundable reservation
30% deposit payable on private contract, less reserve fee
10% May 2007

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 35,000
Features:
Ski
Submission Date:
03-15-2007
Advertiser Details:


Name:
Zara Mulholland

Company:
Larionovo

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €35,000
 

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