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Property For Sale Or Rent: Affordable Luxury Ski Apartments On Daniel Residence

Bulgaria

Borovets
Borovets
Bulgaria

Property for sale: 48,500 €

Apartment For Sale in Borovets, Borovets Bulgaria

Daniel Residence is located in the most exclusive part of Borovets surrounded by chalets and private houses of exceptional architectural beauty just off the main road leading to the city of Plovdiv. The distance to the main lift station is approximately 1.5 km.

Daniel Residence is located in the most exclusive part of Borovets surrounded by chalets and private houses of exceptional architectural beauty just off the main road leading to the city of Plovdiv. The distance to the main lift station is approximately 1.5 km. According to the plans for the future development of the resort, the so called â€œSuper Borovetzâ€�? project, the complex will be located in the central part of Borovetz. Daniel residence will be 300 meters from the new lift station. This complex offers exceptional opportunity to buy a property in an up and coming area of Borovets resort. Even though the complex is in a remote location, which is reflected in the price, apartments on this development offer excellent capital growth potential due to the approved planning permission to build a gondola station. The shuttle bus will be provided free for the residence for the complex.

Daniel Residence project is a perfect investment opportunity in an area that promises to be more and more attractive for many years ahead. The availability of similar projects in Borovetz is very limited.

Daniel Residence â€“ Borovetz

Location

Daniel Residence is located in the most exclusive part of Borovets surrounded by chalets and private houses of exceptional architectural beauty just of the main road leading to the city of Plovdiv. The distance to the main lift station is approximately 1.5 km. According to the plans for the future development of the resort, the so called â€œSuper Borovetzâ€�? project, the complex will be located in the central part of Borovetz. Daniel residence will be 300 meters from the new lift station.

This complex offers exceptional opportunity to buy a property in an up and coming are of Borovets resort. Albeit remote, which is reflected in the price, apartment on this complex offer excellent capital growth potential due to the approved planning permission to built a gondola station. The shuttle bus will be provided free for the residence for the complex.

General information about the Complex:

Daniel Residence is designed in accordance to the characteristic architectural style of the resort of Borovetz. The main idea of the project is to provide the owners with all the facilities and the necessary infrastructure within the complex. As a typical apartment house complex it will offer complete property management services for all clients. The building will comprise of 51 studios and apartments. The complex will have underground floor with parking places, spa and sports center and four living floors. On each level there will be: studios from 45 to 47 square meters and apartments from 71 to 101 square meters. The common parts of the complex will be luxurious. The building will have two hydraulic elevators.

Facilities on the Complex:

Reception
Ski Depot
Restaurant
Shop
Swimming Pool
Fitness Gym
Sauna
General Facilities

Completion: April 2007

Construction will commence on April 1, 2006

Prices:

Studio Apartments from â‚¬48,500 (approx. Â£33,448)

One Bedroom Apartments from â‚¬67,700 (approx. Â£46,690)

Two Bedroom Apartments from â‚¬104,400 (approx. Â£72,000)

Terms of Payment:

An apartment can be reserved with an initial payment of â‚¬1,000 deductible from the first installment : -

Second Payment : 40% - within 5 (five) days after the roof top level is reached (expected Nov. 2006)

roof slab with hydro isolation;

external thermo-isolation

entrance door â€“ MDF;

joinery- polyvinyl chloride (PVC)- German â€œSchucoâ€�?. Living rooms and bedrooms come with the laminated floors and painted walls;
Furnished kitchen comes with a sink, basic cupboards, electric cooker and small refrigerator;
Bathroom and WC tiled: bathroom, sink and a toilet;
Electric and Water installation are completed ;
Telephone, cable TV and internet connection are standard;
Local heating system installed and ready to use;
Secure front door;
Thermo â€“ insulation on outer walls;
Terraces with granite tiles.

Comparison of Borovets ski resort and its advantages:

Easy access. The closest ski-resort to Sofia, only 50 minutes drive from the airport. Many airlines fly to Sofia to name a few: British Airlines, Lufthansa, CSA Airlines, etc.
Popular place to spend a weekend or summer holiday for people who live in Sofia. You will not be just targeting the foreign rental market, but local as well, although rental will be lower.
The oldest ski resort, the snow stays longer than on other resorts in Bulgaria as it is located at the highest point in the mountains, hence longer renting season in winter!
The complex is located 200 meters away from the lifts!
Limited construction â€“ Borovets ski resort is reservation area and a National Park. It guarantees that it will not be overbuilt like Bansko, which in return means no oversupply of properties in future.
Major point â€“ serious investment is on the way in Borovets area called â€œSuper-Borovetsâ€�?, which means improvement in the infrastructure, 5 star hotels in the surrounding area (not Borovets itself). All this will drive the capital appreciation at a very high rate as they are not even near the prices in Bansko
Low cost airlines are flying to Sofia regular and this trend is on increase, which is good news for holidays makes as well as the investors!

General information about the area:

Today Borovets is the oldest and the biggest mountain resort in Bulgaria, situated at 1350 m. altitude, and is a modern all year round resort, with luxury hotels, restaurants with international and traditional Bulgarian cuisine, bars where world-famous Bulgarian wines can be tasted, night clubs and discos. Situated 73 km from the capital of Bulgaria â€“ Sofia, and 126 km from Plovdiv â€“ the second largest city in the country, Borovets is easy of access and preferred place for a holiday, tourism and sport. It provides excellent opportunities for winter sports: the ski runs are with total length of 45 km, and are of various difficulty, they are suitable not only for skiing but also for snowboarding, ski jumps, biathlon, night skiing. New runs and equipment are in process of construction. Visitors who do not ski may enjoy organized trips to picturesque spots in the Rila Mountain like the Seven Rila Lakes, the famous Rila Monastery, Mussala peak, etc. They may also ride or fish, or visit the Kingâ€™s ResidenceinBorovets.

Super Borovets Resort plans for Investment

In Rila â€“ the mountain with pure-clean and marvelous lakes, from which rise some of the deepest and longest rivers in Bulgaria, at the foot of Moussala peak (2925 m) â€“ the highest peak on the Balkan Peninsula, huddles Borovets resort. It was established in 1896 by King Ferdinand who has been delighted by the picturesque area and the mountainous crystal-clear air, and has decided to build there his summer residence. The name of the resort comes from the Bulgarian word â€œborâ€�? â€“ pine â€“ after the age-old pine woods that cover the place.

Borovets is one of the mountain resorts where in 2014 the Winter Olimpics would take place in case the candidature of Bulgaria is approved. During the next years the â€œSuper Borovetsâ€�? project will be developed. The resort is expected to become a tourist place with modern infrastructure, wide range of services, and opportunities for sport and entertainment. Thus Borovets would turn into the largest winter resort on the Balkan Peninsula.

Local Amenities

Samokov:

There are several sports centres, shopping centres & family hotels proposed to be built. There will also be encouragement of such activities like fishing, horse riding etc since facilities for these will also be improved. A 672 decare golf course is to be built which will include a large feature lake . An area has already been designated for this . There is a proposed gondola connecting the town with Borovets and Beli Iskar. Plans have been made to connect pure mineral water to the town and introduce spa facilities. A walking/biking trail will be built, connecting the town with Beli Iskar. It will be built alongside the Beli Iskar river and will cover an area of 2697 acres . It will be designed to look like a forest, so many trees are to be planted. A further eco trail will be built along Samokovâ€™s Bistritsa river and will connect the town to Borovets.

Beli Iskar

Road improvements have been proposed including the main Beli Iskar-Borovets road which is to be expanded . An area just outside the village has been designated for the building of chalets with a capacity of 7000 beds . Two 4 chair ski lifts will be constructed to connect the village to the current resort of Borovets. Activities such as â€˜mountain safariâ€™ will be started. There will be new sport centres including snow stadiums with facilities for children, indoor ski runs and sledging. Entertainment facilities such as cinemas will be built. The Beli Iskar river will be improved to make it more suitable for swimming and fishing. As mentioned above, a 2697 acre eco trail will be built along river, along with a forest. A big emphasis will be given to ecological tourism . Activities and courses will be set up to for tourists to learn traditional Bulgarian arts and crafts, the areas folklore, icon making, woodcraft and traditional cooking. An art centre will be built to accommodate for this.

Borovets Resort

A brand new golf course is due to be built . It will be built actually in the mountains and will have spectacular views over 5 mountain peaks. The local lake is earmarked for development to make it suitable for swimming fishing etc. An enclave of exclusive luxury 5 star hotels will be built in the mountains. A new gondola will be constructed to take tourists to the luxury 5 star hotels. This gondola will also be connected with the existing one to make a huge one. This will be done high up in the Rila mountains. Tobogganing facilities will be constructed and the run will start outside the Rila hotel and finish just south of the Sokolets gondola station. A new reservoir will be built in order to expand and improve Borovets artificial snow making facilities.

Property Summary

Offered by		Agent
Construction Year		2007
Stories		4
Features		Pool, Gym/Spa, Mountain View, Reception, Ski Depot, Restaurant, Shop, Swimming Pool, Fitness Gym, Sauna, General Facilities,