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PRICE & AVAILABILITY
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General Information
Location: Vitosha Park is comprised of 7 different blocks situated in the Simeonovo district in Sofia, the capital of Bulgaria. The development includes 330 ultra modern apartments situated at the foot of the Vitosha Mountain. Vitosha Park is right next to the cable car ski lift that goes to the Vitosha Mountain. The complex has panoramic views of the mountain and the city of Sofia. Vitosha Park is nearby the Sofia Business Park, which currently employs over 10,000 people and this number is expected to rise up to 30,000 in 2007. The development is 8 km from Sofia International Airport where a new terminal is underway to cope with the 20% jump in passenger traffic annually.
Reasons to buy:
City living- all year round potential
Sofia is the fastest growing city in Bulgaria
The population of Sofia is 2 million people with an average age of 38 years
Unemployment rate of only 2%
Sofia is economic center of the Balkan region
High quality properties in good areas are in limited supply
Foreign District Investment reached record levels last year
Four distinct seasons with dry hot summers and snowy winters
A large number or blue chip organizations have set up in Sofia.
Off-plan payment structure
See on the map
Pictures:
Complex Information
Vitosha Park represents a development of:
1-bedroom apartments of 50-65 square meters each ( 35% of total number)
2-bedroom apartments of 80-90 square meters each (61% of total number)
3-bedroom apartments of 130-160 square meters each (4% of total number)
The complex is private gated with 24 hour security service. All buildings are placed within landscaped area designed to include tree- lined alleys, walkways and green areas. There is an underground parking with additional over ground parking spaces for your guests’ convenience.
Facilities:
•Reception and concierge,
International standard Sports and Spa Centre ( the Center occupies over 1000 square meters and includes extensive choice of spa treatments and a full 15 meter pool. This outdoor covered pool is heated for clients’ use throughout the year.)
•Ski and Ski Rental Shop
•Tennis Court
•Supermarket, Restaurants, Cafes
•Lifts to all floors including underground car parking
•Laundry Service in every apartment
Features:
•Luxury fitted kitchens and bathrooms
•Wooden parquet floors
•Tiled floors in kitchens and bathrooms
•Balconies with views of the city and the mountain
•Broadband fast internet connection
Rental potential
Vitosha Park has an ideal rental potential. Rental yields between 11 and 12% can be reasonably anticipated. Properties in Simeonovo district have always had high rental return and Vitosha Park is going to bring even higher returns since it is a very sought after district. Rental uptake is also expected from the nearby Sofia Business Park where many highly paid non-nationals work. With such a demand for high-end properties the developer is able to provide all owners with guaranteed rental returns and full rental management at the owner’s request through the developer’s company.
Construction schedule:
•Start – May 2006
•Completion – December 2008
Maintenance tax: 12 euro per sq.m annually.
Purchase Information
Prices:
Apartment prices start at Euro 66222.
Click here for more information about the pricing and the availability.
Payment Plan:
| Plan |
Reservation Fee |
Start May 2006 |
2-nd Floor
December 2006
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Roof
May 2007
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Completion
December 2008
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| Plan A |
1000 Euro |
35% |
20% |
15% |
30% |
Plans:
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Reserving Apartments:
The reservation fee is Euro 1000, which is deducted from the purchase price. The reservation fee is non-refundable in case clients decide against buying.
Activities: skiing, snowboarding, swimming, tennis, spa procedures and treatment, horse riding, golf, heel-and-toe walk, parachutism, massage, hunting, night-time amusements
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PRICE & AVAILABILITY
| PLANS
| SEND TO A FRIEND
CONSTRUCTION LEVEL
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