Object № A0376 - Residential Complex in Bansko Resort

Region: region Blagoevgrad
City/town: Bansko
Completion stage: Ready
Furnished: Yes
Apartments in complex from 46.08 sq.m to 124.80 sq.m

Full Description:

In early 2005 was conceived a landmark 5-star ski development in up-and-coming Bansko, Bulgaria. Prime land was identified and secured, and in September 2005 a competition was run to select an architect best suited to deliver a landmark ski project. In March 2006 the final designs were agreed and this outstanding development' was born.
 
The Complex is a five star ski development comprising 157 apartments located on prime land selected for its views and access to key amenities. The site has wonderful views over Bansko and the Pirin mountains It is also surrounded (mostly) by National Park land. 
 
Locally the new gondola station (currently awaiting final confirmation) is circa 300m and the town centre is a gentle 5-10min walk. Tenders have been submitted by American companies to build a local airport, 40km from Bansko. This will attract low cost airlines and airport transfers will be the shortest in Europe for a major ski destination. Sofia is approximately 2 hrs by car on a new road currently under construction. The Greek border is about an hour by car to the South with access to the Aegean Sea just beyond.
 
The development is based on exacting standards. 
 
These include: 
 
•    7% gross annual rental guarantee for 1 year
•    5-Star build quality (UK standards)
•    Maximum use of natural materials inc stone, granite & marble
•    Maximum use of natural light
•    Stunning views both of the Pirin Mountains and Bansko
•    Top quality fixtures and fittings (included in the price)
•    Western style bathrooms and kitchens
•    Hotel-style 24 hour concierge service
•    Landscaped gardens and outdoor recreation area
•    Perhaps the best amenity to apartment ration in Bansko
•    Common parts facilities to include a large, open-plan lobby area, enclosed terrace area with bistro/bar
•    Leisure complex including a large pool (opening onto the terrace) gym, sauna and changing facilities
•    Separate ski entrance with pick-up and drop-off point leading to a Ski locker and storage area including drying facilities
•    A shuttle bus facility
•    Lifts to all apartment floors
•    Underground parking (68 spaces)
•    Prices from €79,000 euros  
The quality of these apartments far exceeds most other developments in the region and the pricing model is competitive suggesting that strong capital growth will be possible both during the construction phase as well as beyond completion.
 
The complex is located in the prime area of Bansko and is built to exceptional standards with excellent amenities:
 
•    Highest quality building materials are used together with the highest standards of building construction and finish.
•    Large feature designer fireplace in the lobby
•    Foyer with large atrium
•    7 elevators (one in each section of the complex)
•    Central heating
•    5-chamber Schuco PVC windowframes (doubled glazed, UV / thermally insulated)
•    Latex painted internal walls and ceilings
•    External insulation on all walls for maximum heat protection and efficiency
•    Heating of individual apartments – panel heaters with electronic heat controllers
•    Living rooms: high quality wooden floorings
•    Bedrooms : high quality fitted carpets
•    Kitchens: fully fitted kitchen including branded appliances
•    Bathrooms: fully fitted with floor to ceiling tiles
•    All apartments have balconies or Juliet balconies to maximise views (Volkswagen opening mechanism, reinforced glass and aluminium handrails)
•    Cable TV to all apartments
•    All apartments and common areas have fast Internet connection by Wireless LAN
Facilities:
 
•    24-hour reception
•    24-hour security and concierge
•    Secure ski and golf club storage (each apartment has an allocated secure locker included in the price)
•    Ski bus and shuttle transport to the Gondola and the centre of Bansko and the golf courses
•    Wireless Internet throughout the whole complex and all properties
•    Underground garages and Parking Spaces
•    Landscaped gardens with lighting and pathways
•    Open air Piazza adjacent to the pool and Bistro for winter and summer use
•    Bistro and Bar
•    Coffee bar
•    Children’s playground
•    Management and letting offices Spa & Fitness Centre Free access to the Spa and Fitness
•    centre for all apartment owners and their guests:
•    Gymnasium
•    Sauna
•    Steam-room
•    Jacuzzi
•    Indoor heated swimming pool (interior dimensions 18M x 9M) overall size including surround and space for sun loungers is 25M x 15M
•    Solarium
•    Treatment rooms
Guarantees / Warranties:
 
•    The complex is insured against all insurance risks: earthquake, fire, flood, elemental perils, malicious actions of third parties
•    Construction guarantees in accordance with Bulgarian legislation, regulated by the Department for Independent Building Control (DNSK)
•    10-year guarantee for the construction, including the foundations
•    5-year guarantee for hydro-thermo and sound insulations
•    5-year guarantee for installation and finishing works (floorings and wall coatings)
 
Property Services:
 
The complex will be managed as an apart-hotel. A fully staffed team will maximize rental income through the operation of a hotel style service including:
 
•    Room service
•    Single night bookings
•    Local excursions
There are three categories of property services
 
1.    Management and maintenance of building and common parts projected at €12 per sq m per annum of the apartment and common parts allocation
2.    Property Management Service
3.    Letting Service with marketing support in the UK and Bulgaria
 Status:
The development is completed and it has Article 15.  Currently, the developers are working on the finishing works of the apartments.