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Key selling points
- Amazing Mountain Views from most apartments
- 5* Facilities
- 10 -12% anticipated rental returns
- Fully fitted kitchens
- Close to the ski lift
- Very well established developer
PREDELA 2 is situated in a prime location with beautiful mountain views and it boasts five star facilities and a spa centre. The traditional style architecture and a high quality finish marks this out as an excellent investment opportunity with very attractive projected rental yields.
Location
Situated in a picturesque spot in the popular area of Gramadeto and Kutelo the PREDELA 2 development is only a few minutes walk from the lift station, the ski runs and the area where the second lift station is planned to be built.
The PREDELA 2 development is to be built in a beautiful area on the border of the Pirin National Park. As with the PREDELA development, its location on the edges of the Pirin Mountain allows it to boast stunning views of the mountain peaks and ridges of both the Pirin and Rilla mountains.
Attractive Investment
With strong capital growth forecasts and excellent rental yields, the PREDELA 2 development offers you a superb opportunity to access this fast growing market.
Some of the many reasons that make PREDELA 2 a fantastic investment opportunity are:
Good price/rental yield profile –10% - 12% yields are both feasible and achievable by the third year of renting.
Excellent Location – PREDELA 2 boast a very attractive location. Very close to lift stations and ski run this development is essentially a ski in/ski out complex.
Superior Facilities – This includes a full size indoor heated swimming pool with a glass roof Growing apartment rental market – there are strong indications of a present and growing customer base seeking to rent apartments.
Favourable conditions for the rental market – There are approved plans for the installation of a second lift station and the construction of another 45km of ski runs on the south ridge of Todorka.
Low risk of overdevelopment – In an effort to avoid the rampant over construction in some of the Black Sea resorts Bansko’s municipal government has restricted future developments in the town.. See
Facilities
PREDELA 2 benefits from over 800 sq.m. of the highest quality indoor facilities. It will have all the amenities you would expect from a first class development; including a modern restaurant and 14 x 6 metre indoor swimming pool and of course, a 24 hour concierge.
List of facilities featured in PREDELA 2
Indoors swimming pool
Spa with Sauna and Steam Room
Jacuzzi
Fitness centre and massage
Reception with fireplace and aquarium
24 hours concierge
Licensed bar/restaurant with outside conservatory area
Coffee shop
Children’s play area
Parking spaces
Basement ski closets
Wi-Fi internet throughout the complex
Specification
PREDELA 2 offers a wide choice of properties. It includes flats with private patios and a choice of 4 top floor maisonettes each with its own roof terrace.
Flats 19, 48 and 59 have been specifically designed in order that they can be used or rented either as 2-bedroom or a combination of studio and 1-bedroom apartments where there is a higher demand for these types of properties.
The development will boasts central heating and a constant flow hot water system with suitable capacity wall mounted radiators in each room and a towel rail in the bathroom.
For ease of maintenance, the standard finish includes:
Fully fitted kitchen - with composite worktops, cupboard units and appliances (oven, hob and extractor)
Central Heating with constant supply of hot water
Bathrooms - fully fitted with shower cabinet and all accessories, toilet bowl, wash basin, and the highest quality floor and wall tiles.
Modern interior design with homey/cosy feel
Highest quality laminated flooring
Plastered and latex painted ceilings
En-suite bathrooms to larger flats
Solid front door and internal doors of matching laminated MDF
PVC Double glazed
All apartments come with balconies and stunning mountain views
External insulation on all walls for maximum efficiency
Each apartment has fast Internet connection by LAN or Wireless LAN
Open Fireplace option
Furnishing
For those clients who require a hands-off investment we are also providing a special furniture pack service at an additional cost.
After sales service
We are happy to provide full assistance with all of the formalities of the buying process including legal and financial arrangements, viewing trips and the signing of title deeds.
You can also be assured that after a successful sale you can rely on an after sales customer service that is second to none. Both our UK and Bulgaria based marketing and customer services teams will be ready to help you with any questions or inquiries in an efficient and professional manner. Our reliable after completion service includes advice and help on management and maintenance of the complex, house keeping services and organising any of the formalities associated with renting the complex such as marketing and liaisons with the leading tour operators.
5. TERMS AND SCHEDULES
5.1 Building Schedule
Building work is scheduled to start in October 2006. Allowing enough buffers for unforeseen events the building should be completed for 2007 season. Approximate dates for various stages are:
Basement - Dec 06
Mid stage (second floor) - May 07
Roof - Aug 07
Completion - Dec 07
5.1 Payment Schedule
Payment schedules will be designed to offer flexibility and make most of customer finances.
An example of typical payment schedules:
Discount - 0% Discount - 3%
Reservation - Eur 1,500 Reservation - Eur 1,500
Advance - 25% Advance - 40%
Basement - 25% Basement - 25%
Roofing - 20% Roofing - 15%
Completion - 30% Completion - 20%
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