THE MOUNTAIN ROMANCE HOTEL

Completion December 2006

We are pleased to offer 28 luxury apartments in The Mountain Romance Hotel for sale as either as investment or fully serviced apartments.

The hotel is located 700 metres east of the gondola lift and a 7 minute walk into Bansko town, each apartment will have south, east or westerly views towards the beautiful Pirin mountain range and Rila mountain.

Studio Apartments from 35,165 Euros to 39,269 Euros

One Bedroom Apartments from 46,830 Euros to 69,427 Euros

Two Bedroom Apartments from 88,604 Euros to 91,592 Euros

Luxury SPA centre
- Jacuzzi
- Steam bath
- Sauna
- Relaxation Are a with SPA procedures

-Aromatherapy

- Massage and solarium room s
- Gym

- Swimming pool (near by)

On site facilities:

- Restaurant (traditional style tavern with BBQ)
-Reception desk
- Security (24 hours)
- Ski and ski boots storage depot
- Laundry services

- Landscaped gardens with outdoor Barbecue

- Outdoor children's playground

- Parking plots

- Fire place in the living rooms is optional at 2000 Euro
-Cable TV with 3 0 international channels installed
- High speed Internet
- Telephone land line (BTK)
- Fire-detectors

- Property and rental management services

- Good Profit potential from 8% to 1 0 % per annum.

 

 

Best option for Payment plan:

  • 30% - on signing the Preliminary Contract
  • 70% - on completion (December 06)

Properties can be reserved for a non refundable reservation fee of € 1000 (approx £700).
This reservation fee is deducted from the initial payment

 

Technical details:

 

All the apartments are luxury finished with the highest quality materials:

Warranty
- 10 years construction warranty

 

1. Floors
- Wooden floor in the living rooms and in the bedrooms
- Terracotta tiles in the bathrooms, the kitchen area and in the corridors

2. Walls

- 5sm. outer isolations for max. heat protection


3. WC
- The bathrooms and WC fully fitted –cubicle, bath tubs and all accessories

4. Doors and windows

- Solid doors and four times glazed windows


5. Heating System
- Modern individual heating system with radiators, making your ongoing maintenance cost considerably lower, compared to other types heaters.

 

Options for:

- Fire place in the living rooms
- Cable TV with 40 international channels installed
- High speed Internet
- Telephone line (BTK)
- Fire-detectors
- Ski storage depot

 

Furniture


Buyers will be offered 2 options of furnishing packages.
This will include everything needed to make the apartment ready to use and rent out.

The prices are ranging from EURO 5000 upwards depending on the size of the apartment.

 

Bedroom:
- beds, wardrobes, dressing table, bedside lighting, linen, towels, bedding, etc

Kitchen:
- cooker, microwave, fridge, cupboards, kettle, toaster,

pots, pans, cutlery, crockery, kitchen implements


Living room:
- TV, sofa, easy armchairs (converted to sofa bed) and coffee table, indoor plant

 

Maintenance of the communal area:


The annual maintenance fee is 8 EURO per sq.m. and will cover the following:
• Maintenance of the garden.
• Maintenance, cleaning and electricity bills of the common parts (corridors of the hotel).
• Security and looking after the hotel.
• Standard repairs occurring from the normal use of the building

Managed Rental Option:

Apartments purchased in The Mountain Romance Hotel can be rented privately through a managed rental scheme operated from the hotel website and reception. This agreement can be signed on an annual basis for the reception to rent the apartments out on behalf of the buyers. As the residence is operating as a hotel, the ‘Hotel' will rent out the apartment as a hotel room whenever the buyer's apartment is available, the buyer agrees a schedule with the reception. For this service, the ‘Hotel' will charge the owner 20% of the gross rental income. Those wishing to rent apartments in the hotel will be able to reserve online and owners of the apartments will be able to check the status of their apartment and confirm which periods it is occupied. It is estimated that the owners will receive a net income of 8-10% of the property price when taking up this managed rental system.

 

Property Management:

A first class property management service can be provided which includes management and maintenance of all documentation relating to the apartment, organisation of any maintenance required at the property, payment of expenses relating to the property to third-party suppliers: e.g.: bills for power and water supply, cable TV, Internet subscription, cleaning and the general maintenance of the apartment, organisation of the issue of any categorization papers, licenses and similar required by the law for the short-term or long-term rent of the property, filing and submission to the tax office of the annual tax statement and payment of tax due by the apartment owner for income relating to the rental of the apartment and other reception, key and registration services as required by Bulgarian law

AVAILABILITY AND PAYMENTS:

Floor

No.

Aspect

Description

Optional fireplace

Net sq. m.

Total sq. m.

Price in Euro

First floor

A1

East

East Facing: 1 living room, 1 bedroom, 1 bathroom

N

-

-

SOLD

A2

South

South Facing: 1 living room, 2 bedrooms, 2 bathrooms

N

-

-

SOLD

A3a

West

West Facing : Studio with 1 bathroom

N

24.72

29.30

35 159

A3b

West

Wet Facing: 1 living room, 1 bedroom, 1 bathroom

Y

-

-

SOLD

 

 

 

 

 

 

 

Second floor

A4

East

East Facing: Studio with 1 bathroom

N

24.70

30.60

36 719

A5a

South/East

South East Facing: 1 living room, 1 bedroom, 1 bathroom

N

-

-

SOLD

A5b

South/West

South West Facing: 1 living room, 1 bedroom, 1 bathroom

Y

-

-

SOLD

A6a

West

West Facing : Studio with 1 bathroom

N

-

-

SOLD

A6b

West

West Facing: 1 living room, 1 bedroom, 1 bathroom

Y

-

-

SOLD

 

 

 

 

 

 

 

Third floor

A7

East

East Facing: 1 living room, 2 bedroom, 1 bathroom, 1 terrace

Y

61.62

76.33

91 589

A8a

South/East

South East Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

N

43.99

54.59

65 506

A8b

South/West

South West Facing: 1 living room, 1 bedroom, 1 bathroom, 2 terraces

Y

-

-

SOLD

A9a

West

West Facing: Studio with 1 bathroom, 1 terrace

N

-

-

SOLD

A9b

West

West Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

Y

-

-

SOLD

 

 

 

 

 

 

 

Fourth floor

A10

East

East Facing: 1 living room, 2 bedroom, 1 bathroom, 1 terrace

Y

59.61

73.84

88 604

A11a

South/East

South East Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

N

-

-

SOLD

A11b

South/West

South West Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

Y

-

-

SOLD

A12a

West

West Facing: Studio with 1 bathroom, 1 terrace

N

26.62

32.72

39 269

A12b

West

West Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

Y

-

-

SOLD

 

 

 

 

 

 

 

Fifth floor

A13

East

East Facing: 1 living room, 2 bedroom , 1 bathroom, 1 terrace

Y

59.61

73.84

88 604

A14

South

South Facing: 1 living room, 2 bedrooms , 1 bathroom, 2 terraces

Y

93.07

111.96

134 350

A14a

South/East

South East Facing: 1 living room, 1 bedroom , 1 bathroom, 1 terrace

N

46.62

57.86

69 427

A14b

South/West

South West Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

Y

43.88

54.25

65 099

A15a

West

West Facing: Studio with 1 bathroom, 1 terrace

N

-

-

SOLD

A15b

West

West Facing: 1 living room, 1 bedroom, 1 bathroom, 1 terrace

Y

43.78

53.82

64 580

 

 

 

 

 

 

 

Penthouse

A16

East

East Facing: 1 living room, 1 bedroom, 1 bathroom

N

-

-

SOLD

A17

South

South Facing: 1 living room, 2 bedrooms, 1 bathroom

Y

86.47

102.73

123 275

A17a

South/East

South East Facing: 1 living room, 1 bedroom , 1 bathroom

N

42.37

50.81

HOLD

A17b

South/West

South West Facing: 1 living room, 1 bedroom , 1 bathroom

Y

41.94

50.38

HOLD

A18

West

West Facing: 1 living room, 1 bedroom , 1 bathroom + 6.44 storage area

N

39.02

46.49

HOLD

 
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