Pearl Lodge, 5 Star Complex built to UK specification

Reference number:	007
Country:	Bulgaria
Town:	Pamporovo
Type:	Apartment
Living Area:	40m² - 130m²
Price:	€48,438 (£37,615.90) - €176,209 (£136,840.10)
Interests:	Skiing, Mountain
Number of apartments:	54

High Quality | Standard Quality

Dnevnik Daily, 20th May 2006

The Invest Bulgaria Agency issued Friday a First Class Investor certificate to local company Sports and Tourism Centre Perelik for its investment project of the same name.

Under the large scale project, the investor will deploy facilities for winter and summer tourism and will upgrade the infrastructure in the city of Smolyan and the villages of Stokite, Gela, Solishta, Stikal and Mugla, all in the Rhodope Mountains, South-western Bulgaria.

The resort development will feature ski runs with a combined length of around 55 km, snow canons, 24 ski lifts, shelters and ski rentals, roofed parking lots as well as accommodation and leisure facilities and areas for recreation activities as varied as tennis, swimming, caving, trekking and mountain-biking.

A golf course and a congress hall will be added at a later stage of the project.

Invest Bulgaria chief noted the need for government investment in the resort access roads, especially the road link with the south-lying Greece.

The project, backed by local and international financial institutions, envisages capital expenses to the amount of 255 million euros. Investment in the first 3 years will total 94 million euros. The investor is ready to kick off the project this fall.

Property Details

The Property is a vacation village located with- in close proximity to Pamporovo ski resort; it also has the advantage of being within 5 minutes drive of Smolyan the main town in this area. This new development has a wonderful view towards Snejanka (Snow white) peak. The whole property is surrounded by century-old pine trees, while a crystal-clear mountain stream passes close-by. It is in a unique position of being completely detached from any other developments, and offer's complete peace and tranquillity and is situated a few minutes from an EEC ski lift.

Pearl Lodge is to be built to UK specifications, each stage of this project will be over seen by a UK structural engineer, Whom will take core samples ect, and ensure that European standards are maintained throughout the build.

The apartments are several types:

• Studios - up to 46 m²
• One-Bedroom apartments - 60-70 m²
• Two-bedroom apartments - 77-96 m²
• Three-bedroom apartments - 130+ m²
• Each apartment will have a terrace, bedroom, living room, kitchen area and fitted bathroom, telephone linking to restaurant and 24 hour security guard. LPG heating. (except studio apartments, where there is no separate bedroom).

Property Plot details:

• Plot area - 4500 m²
• % green areas - 20%
• Building height - 20 m
• Spread out built-up area - 3900 m²

Completion Time: July 2008

Facilities:

• 24 hour security guard
• Set in a Gated community
• High speed internet access
• Telephones in each apartment linking too the restaurant and security guard
• Satellite TV facility in each apartment
• UK sockets and European plug sockets in all rooms
• Secured parking, parking lots available at €3500
• Observatory
• 15 minutes from new proposed golf course
• 2 lifts (as well as conventional stair case)
• Views to the south over looking a fantastic a well stocked lake, mountains, pine trees, and a magnificent cliff face
• Views to the North overlooking a wonderful pine forest
• Located beside main road leading too Smolyan and Pamporovo on the corner of the amazing Smolyan lakes
• 5 minutes from the longest shopping high street in Bulgaria (Smolyan)
• Fitness room furnished with the latest gymnasium equipment
• Laundry room fitted with washing machines, tumble dryers, iron and ironing board
• Magnificent, glass housed indoor heated swimming pool and splash pool
• Changing rooms with lockers, showers and toilet facilities
• Jacuzzi
• Sauna
• Spa centre
• Ice room
• Glass Fronted restaurant to enable you to sit and enjoy the magnificent views, luxuriously seated restaurant that will offer exceptional dining and gracious hospitality
• Lounge/Bar will provide a diverse range of alcoholic and non alcoholic refreshments around the clock, including afternoon tea, evening cocktails and light bar snacks
• Ski wardrobe
• LPG heating
• Shops
• Plunge pool
• Creche to entertain your children
• Modern reception with the feeing of luxury
• Maid service
• Dry cleaning service
• Indoor heated swimming pool and slash pool
• 24 hour room service
• Ski Hire and Information Centre
• DVD Library
• Conference Facilities
• Currency changing facilities
• Book library
• Porter service
• Car hire
• Transfer service to and from your designated airport

Management care

• Managed by a dedicated management group
• Minimum maintenance because everything is new
• No headaches, hassles, and hidden costs
• VAT included
• Inspection trip available
• Stable and reputable company with history
• No hidden costs

No headaches, hassles, and hidden costs

• VAT included
• Inspection trip available
• Stable and reputable company with history
• No hidden costs

Maintenance Fee - 10 Euro per m2

Finishing:

Living rooms:

• Floor - tiles floor
• Walls - plasterboard walls coating on external walls and plasterboard structure with rock wool on interior separating walls and paint

• Floor - tiles
• Walls - latex paint

Entrance hall:

• Floors - tiles
• Walls - latex paint

Bedrooms:

• Floor
• Walls - latex paint

Bathrooms with WC:

• Bathtub in the two bedroom apartments and shower cabin in the one bedroom apartments
• Gas central heating
• Porcelain sink with sleeve Corona type - Ideal standard
• Water and sewerage - sanitary faience - Vidima Ideal, shower and sink tap
• Floor - quality tiles
• Walls - faience tiles
• Ceiling - relief latex paint

Terraces:

• Granitogres tiles

All apartments come complete with standard heating (LPG).

Rental:

Pearl Lodge is the only 5 star development in the area and is a part Hotel making it extremely desirable to the rental market, this is an all year round resort. Rental is expected to be £30 per person per night. An example would be a studio sleeps 2 persons £60 per night, one bed sleeps up-to 4 persons £120 per night, two bed up-to 6 persons £180 per night and a three bed up-to 8 persons £240 per night. How-ever if you choose not to rent out your apartment it is not an obligation to enter into a rental agreement.

Availability and Prices:

Please have a look under Related property files.

Payment Plan:

• €2000 holding deposit
• 60% on signing preliminary agreement
• 40% on completion

We are able to offer you alternate payment options to suit you needs, please contact one of our friendly staff for more information.

Pamporovo Information

Pamporovo is located in the most southern part of Rhodopi mountain, the nearest bigger town is Smolyan (please see the Bulgarian towns through the "Bulgarian Locations" menu on the left of our web site for more information). Surrounded by clean and unspoiled nature, pine woods and beautiful mountainous sceneries, the place is a perfect spot for recreation and relaxation in the crystal clear air and sports activities in the nearby ski resort. A new ski-lift is due to be built next to the complex which will allow direct access to the main ski slope of Pamporovo - Snezhanka, and which will influence greatly the prices in the area. A major motorway construction is underway from Smolyan to nearby Greece (just 30 km), which is expected to boost tourist inflow from Greece. The road is expected to be completed by the end of 2008.

Pamporovo claims to be the sunniest mountain resort in Europe (270 days of sun per year on average). There is an efficient lift system. Currently, there are total of 27 ski slopes of a total of 25km piste run. New ski runs and lifts are being developed presently, the one in Stoikite being one of the first to be completed - June 2009.

Information for the Rhodope Mountain: http://rodopi-bg.com/english/index.shtml

Traveling to Pamporovo is easy in the winter using the charter flights to the city of Plovdiv, which is 80km away. Cheap charter flights are arranged in the ski season by many British and international travel agents, including Balkan Holidays and First Choice.

How to reserve an apartment?

You can reserve this Bulgarian property through us for two weeks by transferring 2000 Euro to our bank account. We will immediately pay the sum to the seller and he will take the property off the market. This amount will be deducted from the purchase price of the property when a Preliminary Purchase Agreement is signed with the seller.

How to buy from a distance Bulgarian property?

You can now buy property in Bulgaria without having to travel the distance to Bulgaria using our unique service "Buy from a distance!" To find out more, please see our Buy from Distance page.

Viewing Trips:

Pearl can arrange a viewing trip to this Bulgarian property at your convenience. Please contact us by e-mail or telephone for further arrangements.

To request further information about this property, please click here.

Open 10am - 10pm seven days per week

Pearl Property Ltd Bg, 37 Marshall St, London, W1F 7EZ, UK.
Tel: +44 (0)800 047 0466 (freephone), Bulgaria: 00359(0)89 548 5171, Call Me Back
Fax: +44 (0)870 0940 765 | email: info@pearlproperty.net | Skype: marykarman