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REAL ESTATE FOR SALE (OFF-PLAN) (€ Euro 74,715)
Apartment for sale in Razlog Razlog valley Blagoevgrad Bulgaria

   
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GS Properties ltd is proud to present! MGM "Mountain Golf Mansion" which has been on the market for just two weeks. So you can have pick of best located apartments! The best is the top floor (block 3 apt 13) at 113.54 SQM. If more than 1 is affordable then next door's top floor apt 14 is second best at 119.95 SQM. Easier to rent out 2 together!! With spectacular views from the four terraces facing each of the three mountain ranges, PIRIN, RHODOPE AND THE RILA mountains! These are huge apartments compared to MRI`S (43 sqm`s for 1beds).

MGM is only 2 minutes from the entrance of the Ian Woosnam designed 72 par championship golf course! And, another 9 holes are going in this year! Five more golf courses are planned over the next 5 years, that's 1 a year to be built in the Razlog area. Bansko, the No.1 Eastern European ski resort, with the Gondola at the foot of Mount Todorka, is just 5 minutes away by road. There will be a Shuttle Bus to take you to the golf and ski gondolas every 30 minutes! Also, only 6km towards sofia, are another 60km of ski runs going in at Kulinoto. All of these will be done over the next 4 years, and are all approved! So, the Razlog valley is right in the center of it all! Nothing can be built behind MGM, as it is our privately owned land, and protected as a UNESCO run Pirin National Park.

Facilities include casino, tennis court, ski wardrobe, underground and exterior parking, spa, indoor pool, Jacuzzi, sauna, gymnasium, shops, restaurant, hotel reception, hairdressers,
Lobby bar, piano bar, and conference room.

Prices include luxury imported furniture of which you can have 3 choices, and also 3 choices of pottery packs for bathrooms!! Again, all included in the price!!

We are offering a 6% rental guarantee for the first two years, which pays for mortgage costs, depending on amounts and interest rates taken? The guarantee is based upon the purchase price x 6% per year! eg : 100,000 euro property = 6,000 euro 6% rental return guaranteed. We have a few tour operators contracts, which guarantees the developer tourists, to pay back the paid out 6%`s rental guarantees. At MGM, we want to offer our client's peace of mind.

We can and also do( recommended!) a sight unseen reservation, which means paying the 2,000 per unit reservation fee. Alternatively, go on one of our fantastic inspection trips! Just jump on a plane subsidised by us, be collected in a luxury vehicle, escorted to your hotel, again at our expense. Furthermore, be toured by an expert on the area, shown the development in question, stand in view points etc, and decide that it is the right investment for you. Simply return home , and in 21 day's proceed with the deposit monies, which in this case is as little as 20%!see our payment plan for details!

So, give us a call and jump on a plane, and invest in us and for yourselves as Bulgaria is still the place to be! email sales@gsppro.com for more details

Inspection Trip: ***Client pay's £149 each (per person)*** We take care of the rest incl. airport transfers, 3* min hotel stay with breakfast, all tours and site inspections with local property expert(s).
Property Type: Apartment
This is an Off-Plan property
Estimated Date of completion: 
January/2009
Name/Reference: MGM "MOUNTAIN GOLF MANSION"
Country: Bulgaria
Region: Blagoevgrad (Razlog valley)
City / Town: Razlog      Find city/town on map
Location: Mountains,
Airport 1: SOFIA, Distance: 150 km ,
Property Features:
Floor Area: 49.81 (m2)
Shower Rooms: 1

Central Heating
Parking
Own Pool
Asking Price:
€ Euro
£ GBP
$ USD
 
74,715
62,619
94,036
Mortgage
Calculator
Notes from the owner/agent:
PAYMENT PLAN IS PER APARTMENT REQUIRED:
2,000 RESERVATION FEE ( HOLDS PRICE,TAKES IT OFF MARKET)
20% DEPOSIT AFTER 21 DAY'S ON READING SIGNING AND AGREEING PPC “PRIVATE PURCHASE CONTRACT”
80% ON COMPLETION NORMALLY A MORTGAGE? (subject to status)

SO a 113.54 sqm unit COSTS @ 1500 A SQM = 170,310 euros 20% deposit = 34,062 euros or 25,419 pounds sterling @ 1.34 exchange rate
80% completion (mortgage?) 136,248 euros + (buying costs notary, stamp duty & title deeds = 4,257 euros ) = total 140,505 euros
Mortgage costs dependent on mortgage taken out eg. (ALPHA BANK) Fixed rate for 15 years interest only @ 6.2% = 8,711 PER YEAR.
RENTAL GUARANTEE @ 6% = 10,218
Capital growth forecast @ 20% for next 5 years (recommended in an emerging market) =YEAR1 204,372 YEAR2 245,246 YEAR3 294,295 YEAR4 353,154 YEAR5 423,785
A return @ only 20% capital growth (more forecasted) of 253,475 euros profit = 189,161 sterling @ 1.34 with only 25,419 sterling laid out that’s 744% return.
Use “OPM” ie the other peoples money (banks money- mortgage) which is covered by rental guarantee to make a property profile to retire on happily!
Also if your smart use “OPM” to use your equity in house which is doing nothing to pay your deposits, which means it costs you just the repayments!
So give us a call and jump on a plane and invest in us and for yourselves as Bulgaria is still the place to be! email sales@gsppro.com for more details
CONTACT INFORMATION
Contact: COLIN BRESLIN
Company: GSpropertiesltd
Language(s): English,bulgarian
Location: Bulgaria - Help calling
Telephone:
  Display Phone Numbers

 Phone numbers

 Phone 1: 359-074985003
 Phone 2: 359-0888313172
 Fax No:   
 Mobile:    359-0882401808
 Email:
  Send Enquiry
 
 
Other property features   

Kitchen:
Fitted Kitchen
Oven
Hobb/Cooktop

Other:
Sauna
Garden/Grounds
casino,tennis court,spa center(jaccuzi,massage,gym,)
restaurants,ski wardrobe,wi-fi,lobby & piano bars
hairdressers,underground parking
mountain views protected every unit

Local Amenities:
Bars
Restaurants
Nightclubs
Golf Course
Car Hire
Gym
Tennis
Food Shops

Local Activities:
Fishing
Skiing
Biking
Country Hikes
Horse Riding
Historical Sites/Culture
Golf
tennis,spa centres,quad biking,white water rafting,270cc go-karts,climbing
 
This Apartment has been viewed: times since Sunday, January 27, 2008 | Property ID: BG127644
For Sale Property: Apartment in Blagoevgrad, Razlog, Bulgaria
The property information is provided by the owner/agent Click here to read our disclaimer.
 
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