PAMPOROVO The Stream Resort
|
|
Guaranteed Rental of 6% net over 4 Years
- OVER 50% NOW SOLD -
The Stream Resort will host a wealth of facilities including reception with lobby bar, restaurant, swimming pool, Wellness and Spa Centre to cater for the 70 Fully Furnished Apartments. The apartments consist of studios ranging from 32 square meters to two-bedroom apartments up to 125 square meters. The resort also offers easy access parking holding up to 25 cars both at the front of the resort and at the rear.
The building ground, on which the complex is situated, faces south-east with a magnificent view to the ski runs and Snejanka peak (see map below). Across the plot runs a small stream that gives the name of the vacation complex and will represent a part of the project’s park zone. Ideal for holiday letting during both the ski season and summer holidays.
Owners and guests can also benefit from the wonderful landscaped gardens with sheltered barbecues and an open-air kindergarten.
The resort lies in an incredibly scenic nature reserve which hosts some of Bulgaria’s most beautiful greenery and wildlife. This surrounding offers unrivalled views along with the pine forests, mountains and the stream.
| We continue to be impressed with the tranquil and beautiful location of this resort. Set back into the trees The Stream Resort will have uninterrupted views up towards the mountains and be a truly great place to relax. Additionally however, you can have the best of both worlds as the bars and restaurants of Pamporovo are a short 5 minute shuttle bus away. The developers have also thought very carefully about the construction techniques and have implemented an energy efficiency program designed to bring superb savings to residents. | Having met the development team in Sofia we are very happy in offering this development and feel that it represents a great opportunity in terms of quality and price.
The Stream Resort will offer a wealth of facilities from Rental Management through to Wellness Centre and Spa.
Facilities in the Complex include:
- 24 hours Reception and Concierge
- Lobby Bar
- Bulgarian Restaurant in Traditional Style
- Shop
- Laundry
- Baby Sitting for Children during the Season
- Conference Hall
- Game Room
- Indoor Heated Swimming Pool & Jacuzzi
- Wellness and SPA complex including:
- Reception
- Finnish Wood Sauna
- Aroma Stone Sauna
- Herbal Steam Room
- Cold Plunge Pool
- Cold Shower
- Salt Relax Room with Waterbeds
- 2 Massage Rooms
- Fitness
- Ski and Boot Wardrobe
- Outdoor Children’s playground
- Outdoor Barbecue
- Secure Parking Area
- Private Park Area with a Stream
£700 (€1,000 Euro) reservation fee.
30% advanced payment - within one month of reservation
30% upon rough construction
3
0% upon issue of Act 15
10% upon completion
Discounts are available for a larger deposit.
The payment structure allows the buyer of the property to apply for a loan for 70% of the purchase. Most of the banks that grant loans to foreign citizens for buying property allow pre-completion draw down of funds only when the building has reached rough construction.
Follow this link to view information on finance in Bulgaria
.
All the apartments have great Mountain Views, depending on their directions:
East – surrounding hills and pine forest, very quite;
South – East – great view on Snejanka peak and the ski slopes;
South – West - great view on Snejanka peak and the ski slopes;
West - The Stream Resort park area, stream, and surrounding hills;
North – West - The Stream Resort park area, stream, and surrounding hills;
North/West/East- the most quite and surrounded by pine forest, wonderful view to the stream flowing just in front of the building.
The new resort plan of Pamporovo prevents building of new developments close to The Stream Resort.
6% Rental Guarantee per year for the first four years!
The Stream Resort is delighted to have signed a contract with Credo Consult for the Rental Management of the full development after its completion.
Credo Consult will be running various advertising campaigns such as, local and international advertisements in the press and travel media, internet advertising through our web site and our affiliated network. Credo Consult has teamed up with some of the leading local and international tour operators and travel agents promoting Stream Resort, which will guarantee the highest possible occupancy, giving you a good return on your investment.
The Rental Management will include the following:
1. On-site management & maintenance service - Credo Consult undertakes to provide the following:
- Organization of the internal order in the Building and the common parts;
- Technical maintenance of the common installations and equipment;
- Organizing outside security of the Complex;
- Organizing sanitary-hygiene service of the Complex and the common parts of the Building;
- 24 hour reception – meeting, check in and check out of the guests, all-stay-long assistance;
- Linen and towels change, apartment cleaning and supplies replenish;
- Assistance with the payment of the current bills for the development, all of the required tourist fees and tourist insurances;
- Assistance with the payment of the personal tax duties;
2. Payment and Reporting
- The total money flow is calculated for all apartments at The Stream Resort. The amount of all costs made and due for the payment of water, electricity, insurance, resort fee etc. shall be deducted from the total amount.
- Payments to apartment owners are executed every three months – our fees and reasonable expenses or liabilities incurred to reinstate the property to a condition appropriate to re-let the premises at its advertised standard are deducted from the amount;
- Afterwards the amount corresponding to a particular apartment, which should be forwarded, is calculated;
- Payments are executed to the owner’s bank account in Bulgaria or abroad;
- Management report – detailed report on the occupancy and the money flow shall be issued and sent upon execution of a payment.
3. Credo Consult Fees and Commissions:
- Maintenance fee - 7 EUR/ sq. m. yearly;
- Rental success fee - 15 % of the total rental income.
The Maintenance Fee is set at €7p/m2 payable annually. This is set for 3 years.
|
|
As a result of the additional investments and of the involvement of a specialized in the area of energy efficiency (EE) consulting company /CES AD; www.kes-sofia.com/ we managed to effect high energy efficiency indices for Stream Resort. The adoption of the latest heating methods using ecological and in the same time cheap fuel – wooden waste - will bring advantages to the owners of the building. Advantages as a decrease of the heating-related costs by up to 50% in comparison with the figures, corresponding to the commonly used electricity, clean and effective heating method, tax exemptions etc.
Under the Bulgarian legislation the buildings with high energy efficiency are granted Class A Certificate. Once this Certificate is acquired the owners of the building are exempt from local tax – so called tax on buildings – for a period of 10 years. The specialized consulting company we have been working with on the project is licensed perform audits and to certify buildings under the Bulgarian Energy Efficiency Law. Our co-operation shall exceed in time throughout the construction of the building and the finishing works till its putting into operation. After the building is fully constructed we shall proceed to work together in order to ensure all feasible technological solutions required for cutting down on the energy consumptions and costs.
The energy efficiency audits are aimed to identify the opportunities for reducing of energy consumption. They serve to determine the energy demand, the energy utility level and management practices, the level of meeting the energy efficiency standards, the economy of heat and heat storage in the facilities. The main idea of these audits is to find out for the consumers ways of improving their energy efficiency and to offer measures for its increase and for environmental protection.
The wooden wastes include scrap lumber, pallets, sawdust, tree stumps, branches, and twigs. They can be easily supplied through the sustainable forest management practices in the region and from the local wood industry and woodworking.
We are expecting to reduce the cost for heating the building and the hot water from EUR 500 to EUR 1000 per apartment per season. Additional savings are expected from the local taxes for the period of 10 years. All these will increase the return from the investment with about 2% annually.
|
|
Contact:
|
|