Demianitza Apartments
61 luxury apartments (27 three-rooms, 29 two-rooms, 5 maisonnets-4- four rooms and 1 five room) in a prime location only a 5-minute walk to Gondola lift station. All apartments afford a beautiful mountain view of the Pirin or Rila Mountains.
The complex stands on an area of 2300 square meters. It faces south-southeast and has a magnificent view up to the Pirin and Rila Mountains. The complex is built in a new moon shape that guarantees sunshine and clear mountain views to all apartments.
Demianitza is located next to the main road of Bansko and approx. 150 metres to the Gondola. Most apartments afford a stunning view of the Pirin or Rila Mountains.
Features:
· Completely finished apartments (unfurnished)
· Parking space
· Bansko resort is object of massive investment
and 2014 Winter Olympics candidate
· Saunas, steam room, gym
· Restaurant
· Traditional architectural style
· Excellent rental income
· Ideal for holiday letting during both the ski season and summer rural holidays
· All apartments with terraces
· All apartments have fireplaces
· Fitted heating throughout
· Fully fitted bathroom
· Italian terracotta floor tiles throughout
· 24 hours concierge
· Special furnishing service
· Near Pirin National Park
Facilities:
· Gym
· Sauna
· Ski wardrobe
· Ski boot wardrobe
· Each apartment on the Ground floor has patio
· Restaurant
· Shop
· 24 hours concierge
· Private security parking
· Services are provided for EUR 7 per sq. m. annually. These cover maintenance of the building, incl. electricity and water systems and roof, cleaning public areas, gardening, payrolls of staff. They exclude private utility usage, insurance, local taxes, rental management
fees.
. We expect to have a contract with a leading Tour Operator for the 2006/2007 ski season. We anticipate gross rental returns of about 6% p.a.
Construction Schedule: Foundations: December 2005 Completion: 31st July 2007.
Payment Plans:
A: 40% Deposit, 20% roofing, 40% Completion
B: 50% Deposit, 20% Roofing, 30% upto 6 months after completion (Interest free)
