Key Features- - 60 month developer own mortgage plan (non-status) - Deposit 15%, 60 monthly payments of 1%, Balance 25% on completion
- - The only ski-in and ski-out development in Pamprovo
- - All apartments have spectacular and uninterrupted views
- - Properties have risen by 15% on average over past 12 months
- - In-house maintenance and management by Nomorehotels
- - 255 Million Euro expansion project planned
- - Furnishing packs available
- - completion due by Dec 2009
The Palaz is an outstanding development situated at the foot of the Snejanka Tower. A 100% developer in-house finance package (non -status), makes it an ideal investment for first time buyers and investors alike.
Full Description
Pamporovo is by far the most prestigious ski resort in Bulgaria, nestled in the heart of the Rhodope Mountains, 1650 metres above sea level. It offers great opportunity for cultural and recreational tourism and benefits from a Mediterranean climate enjoying on average 240 days of sunshine each year, making it the sunniest southern mountain resort in Bulgaria. Plans to expand Pamporovo into the largest ski and summer resort are under way connecting the local town of Smolyan and the Perelik Mountains by ski lift, trebling its ski tracks in due course. With journey times less than an hour and huge interest from low cost carriers and tour operators, it’s clear why Pamporovo stands out way beyond its competitors. Payment Plan: 10% deposit 60 month developer own mortgage plan ( Non Status ) Prices: Studio apartments from 45,000 GBP One Bedroom apartments from 55,000 GBP Two Bedroom apartments from 75,000 GBP Typical example of rental return: Studio apartment @ £45,000 GBP will produce a rental income of £3,600 GBP per annum and mortgage repayments of £1,800. One bedroom apartment @ £55,000 GBP will produce a rental income of £4,400 GBP per annum and mortgage repayments of £2,200. Two bedroom apartment @ £71,000 GBP will produce a rental income of £5,680 GBP per annum and mortgage repayments of £2,840. themovechannel.com
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