Orpheus Valley Ski and Spa

Reference number:	PP007
Country:	Bulgaria
Town:	Pamporovo
Type:	Apartment
Price:	From €31,213 (£21,747)

Orpheus Valley Ski and Spa is the only project which satisfies the needs of different target audiences. We offer the largest selection of apartments and suites - from 30 to nearly 120 square metres. This means that we are flexible in satisfying different budget constraints.

Orpheus Valley Ski and Spa

Orpheus Valley Suites & Spa consists mainly of studios - comfort and elegance at a minimum cost:

• Comfortable and efficiently designed living space
• Covered connection to the rest of the complex
• Common parts are reduced to minimum
• Prices start at 31,213 EUR

Bulgare Development offers a new business approach to real estate investments - Hotel Management of the property. The benefits for the investor can be summarized as:

• Guaranteed rental income of 22.5% over 5 years
• Expected capital appreciation: 20% per year
• Free professional hotel management and maintenance by Balkan Hotel Management Company
• Security of a bank underwritten project
• Outstanding recreation and spa facilities
• Primary location in the Super Perelik Project

The Orpheus Valley Suites is the second part of the Orpheus Valley Ski & Spa Resort.

This part of the complex consists mainly of studios, which are planned in order to fully satisfy the highest expectation at minimum cost.

Prices start at an unbelievable €39,900. The Suites offer comfortable and efficiently designed living space. The studios are elegant and make excellent use of the apartment area. Shared facilities are reduced to a minimum. Orpheus Suites & Spa is connected to the first part of the complex via a covered link, which provides easy access to all the recreation and leisure facilities.

Orpheus Valley Suites & Spa represents the newest trends in the development of vacation apartments: efficiently allocated independent areas on approximately 30 square metres:

• the best value-for-money investment
• all the features for attracting tourists
• allocation of the areas provides maximum comfort
• room for both a separated bedroom corner and a recreation area with a comfortable sofa and TV

It is an open space, which enhances the spirit of freedom and style.

• All the studios can be furnished under the design guidelines of Authentic Design Ltd: dark wood furnishing, oak flooring and warm-coloured textiles are the main materials used
• Mountain view of the fantastic Orpheus Valley
• Fireplace, SAT TV and 24-hour room service
• All suites can be air-conditioned

All suites can be fully equipped with first class kitchen appliances from leading brands.

• Airing system for all kitchens
• Furniture elegantly designed after the authentic Rhodopean tradition
• Positioning of all kitchen elements to provide ease of access and comfort
• All materials used comply with the specific high altitude conditions

The shower cabin is cosy and positioned as far as possible from the basin allowing two people to use the bathroom at the same time.

• Comfortable and easy to clean
• Excellent quality tiling
• Ventilation system
• Materials are imported from Italy and Spain
• During the summertime, energy can be provided by the solar-powered batteries, significantly reducing service costs

Orpheus Valley Apartments

Orpheus Valley Apartments consist of more spacious and luxurious apartments:

• Elegant one and two-bedroom apartments
• Comfortable and luxurious large spaces
• High-end furniture offered by the developer
• Targeted at the descerning tourist and larger families
• Prices start at 1,100 EUR per square meter

Orpheus Valley Apartments is the first part of the Orpheus Valley Ski & Spa Resort.

The Apartments are expected to attract affluent tourists and larger families. Therefore, the owners can expect a high annual occupancy and a stable rental income. Elegant one and two-bedroom apartments are offered for people who value comfort and luxury of larger spaces. In addition, the developer offers stylish furniture at a very reasonable price. The price of the apartments starts as low as €1,150 per square meter?

This part of the complex comprises of more than 180 luxury apartments - all of them developed in accordance with Aparthotel practices in order to fully satisfy even the highest expectations and to comply with tour operators\' requirements. All the construction materials have natural origin with a minimum 10 years warranty. In addition, all thermal and hydro insulations are specially selected for the purposes of high altitude construction work.

The Luxurious Studios

The studios consist of: entrance hall, living room with fireplace, open-plan kitchenette/diner, open-plan bedroom and bathroom/WC.

• designed as small apartments for two people
• built-up area from 43.01 sq. metres to 63.51 sq. metres
• planned for maximum functionality

The One-Bedroom Apartments

Consist of: living room with fireplace, open-plan kitchen / dining room, open-plan bedroom, 1 bedroom, bathroom with WC and a separate WC.

• built-up area from 65.13 sq. metres to 95.75 sq. metres
• available space for four people
• comfortable living area
• cosy atmosphere

The Two-Bedroom Apartments

Planned as luxury lodgings offering the best views and functionality, these apartments allow six people to use the living area togheter undisturbed.

• built-up area from 89.19 sq. metres to 117.62 sq. metres
• two spacious luxury bedrooms
• en-suite bathroom
• fireplace and TV

Facilities

Orpheus Valley is a 4-Star Experience everyone will remember

The total area of the complex is 29,000 m². More than 6,000 m². of that area will be built up with recreation and leisure facilities.

Valley Ski & Spa offers all the features of a High-end Complex

Accommodation

• 24-hour reception and concierge
• Room service
• Laundry and ironing service
• Major credit cards accepted
• Money exchange and ATM
• Facilities for disabled citizens
• Covered connections among the buildings and spa
• Garages and parking lots
• Conference facilities
• Transportation and other services

Food and Drinks

• Main restaurant
• Irish bar
• Discothèque
• Wellness Café & Bar with an open terrace
• Lobby bar with a fireplace
• Catering

Leisure and Recreation

• Shopping center
• Beauty parlour
• Swimming pool
• Sports and spa centre
• Exotic garden
• Baby-sitting for grown-up children

Entertainment and Sport

• Ski depot
• Ski kindergarten
• Snooker and Darts
• Activity room with cinema
• Internet and Gaming
• Pinball machines and Table tennis
• History, folklore and wine trips
• Mountain tracking and biking tours
• Sightseeing tours

Hotel Management Company

Hotel managed property approach

Every apartment owner in Orpheus Valley Ski & Spa has the opportunity to become part of a profitable tourist enterprise. Buying an apartment and renting it to Balkan Hotel Management Company means ownership in a hotel establishment where the Developer has invested more than 3 million Euros in additional hotel infrastructure and facilities. Therefore, you acquire ownership in a luxury tourist complex at the price of an ordinary apartment, that furthermore, BHMC will manage. The professional Hotel Management becomes a decisive factor for negotiating with the tour operators, which in turn increases the profit opportunities for individual investors.

Why is Bulgare Development investing this huge amount of money into the project?

"It is because of the future return for every owner", says Mr. Slavov, Chairman of the Board of Directors at Bulgare Development. "We do not develop blocks but offer our investors to own a part of a profitable tourist enterprise. This is the reason we have established a hotel management team who will run ORPHEUS VALLEY SKI & SPA RESORT. In other words, every individual owner can receive professional hotel management of their property by tourist specialists respected in Bulgaria. This is the reason we can offer a long term rental guarantee for every investor".

Who benefits?

People are often dazzled by the bright perspectives of an investment opportunity, but they should first ask several questions to make the picture more clear:

• Who plans the development? Does the developer have any experience in developing tourist infrastructure?
• Who will manage the enterprise - the 24/7 hospitality industry with the catering, sport, spa and other services?
• Who is taking the responsibility to the tourists- to provide the right service with the right manner and personnel, at the right moment?
• How is the marketing organized?
• What is the role of the Hotel Management Company?

Balkan Hotel Management Company was established with the main objective being to manage the rented, individually owned apartments and the complete additional hotel infrastructure and facilities, as a comprehensive, professionally run hotel enterprise. The company consults with by Mr Hadjinikolov (Deputy Minister of Economy 2001-2005 and Head of the State Agency for Tourism), and consists of leading specialists with many years\' experience in the tourist sector. Balkan Hotel Management Company plays a decisive role in:

• Advising the planning of the investment project – in order for the development to acquire all government hotel certificates;
• Developing a business plan for the operation of the hotel enterprise;
• Planning, hiring and managing every aspect of hotel personnel: in the accommodation, food and beverage, tourist attractions departments, etc.;
• Developing the marketing activities of the hotel-managed property and organising the negotiating and contracting for every season with tour operators.

This is the approach the owner needs in order to efficiently manage their property. This is the way to turn an apartment into a profitable tourist enterprise. This is the way to realise rental return and capital appreciation of a tourist business rather than just an apartment.

Prices and Availability

Payment Plans and Mortgage

Orpheus Valley Ski & Spa offers a large range of apartments – low budget ones and larger ones too. Every owner can estimate the benefits of acquiring a specific suite. Considering the unique proposal of long-term unconditionally guaranteed rental income of 22.5% for 5 years, one can easily spot the outstanding benefits of this no-risk investment. How the owner uses the rental income funds is a matter of choice, but here are two of them – financing another property investment or paying back the mortgage.

Together with leading financial institutions, we have introduced the Mortgage Advice system, which corresponds to the individual needs of every investor. In addition, we provide assistance in preparing all the paperwork and providing advice during the whole application process. We will handle all the local requirements and legal aspects. The rental return, together with the capital appreciation of the property, will definitely finance a significant part of the mortgage payments and in certain situations it can fully fund it.

In order to offer maximum flexibility for the investor Bulgare Development offers several options for a payment plan:

The Following payment options are available for Orpheus Valley Aprtments:

Payment	Standard	Discounted
advance	25%	60%
basement	0%	0%
roofing	25%	0%
completion	50%	40%

Discounted - 5% discount of overall price

Orpheus Valley Suites & Spa are available under the following payment plans

Payment	Standard	Discounted
advance	30%	60%
basement	20%	0%
roofing	20%	0%
completion	30%	40%

Discounted - 5% discount of overall price

About Pamporovo

Pamporovo is an alpine resort, nestling in the heart of the Rhodope Mountains. Winter is long and open and summer is cool and fresh. Pamporovo is situated at a distance of 260 km from the capital Sofia, 85 km from Plovdiv and 15 km from Smolyan. It stands 1650 above sea level, at the foot of the peak Snejanka (1,926 m).

The ski tracks of Pamporovo have all degrees of difficulty and a total length of 25 km. The lifts and the rope-lines have a capacity of 8,500 people per hour. The ski academy in Pamporovo is one of the best in Europe. Highly qualified instructors teach the beginners individually or in groups. There are steep tracks for the experienced skiers, such as special tracks and a rifle range for the fans of biathlon and ski sprint. Near to the ski tracks and the hotels are ski wardrobes. Pamporovo hosts international ski competitions. A 150 m long halfpipe with 3 m high walls has been constructed, too.

Tourists can also visit the Momchilovtsi resort (17 km) and the ethnographical complex of Shiroka luka (10 km), and to the north is located the town of Chepelare. Pamporovo welcomes the tourists all year round, it\'s a wonderful place for a visit both in winter and in summer.

The resort is set in the southern Rhodope Mountains at an altitude of 1,620 m above sea level. Pamporovo is 260 km away from Sofia and 85 km south of Plovdiv. The winters in Pamporovo tend to be mild, but have around 150 days of snowfall and 120 sunny days during the winter from December to May.

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