Holiday apartment for sale in sand lilies complex, first line to the sea on the romantic camp site Smokinya

The complex has a great location - on the very beach of romantic  Smokinya campsite, located in the first line to the sea. The complex is designed and implemented in recent architectural trends and requirements for the holiday building. The building follows the line on the ground and smoothly rises up. The various sections of the building are associated with low bodies, in which are located in cafes, bars, restaurants, SPA center, and other commercial sites. The total number of dwellings in the complex is 102, which are located in the hulls. Most of the apartments are overlooking the sea. Virgin nature and wide sandy strip are unique not only for the region of Sozopol, but also for the whole Bulgarian Black Sea coast - the place where the summer meet, romance and beauty of nature. The ambition of the investor is reaching and maintaining high standards and real luxury to create conditions for relaxation and entertainment in elite situation and requested style.

facilities

Facilities
- Pool at several levels, which creates illusion that merges with the sea
- Open bar
- Recreational facilities
- Restaurant
- Children's playgrounds and paths to walk
-  Park with exotic plant species
- Parking and garages  underground

Security

At the complex is provided year-round security, service personnel to support housing complex, and year-round workers serving units - commercial sites and mass caterers. The combination of the unique natural environment and a luxury residential complex in Sand Lilies turns the complex in a preferred place for your holiday.

Disposition: living room with kitchen box, one bedroom, one bathroom together with WC, one balcony

Standard of finish

The apartments are delivered in absolute finished way, furnished with everything necessary for the family - furniture of solid wood and rattan, floor coverings in all rooms, kitchen appliances: refrigerator, stove, absorber, kafe- machine and others. Interior doors are made of MDF, in apartments is provided complete wiring: telephone, Internet, television.
The bathrooms and sanitary facilities are coated with terracotta and faience, fitted with the latest models Spanish sanitary ware and fittings, shower cubicles and more.

Payment plans

Plan A Standard

- 30 % upon signing of preliminary contract

- 30 % until 3 months after the preliminary contract

- 30 % until 6 months after the preliminary contract

- 10 % upon transfer of the ownership

Plan B - 5 % discount

- 90 % upon signing of preliminary contract

- 10 %  upon transfer of the ownesrhip

Annual maintenance fee of 12 euro per sq.m

All units are for sale with no commission for the buyer!

The agency charges EUR 480 for legals and attendance at the transaction

Construction type: Brick

Stage of construction: rough construction completed

Completion date: 04.2009

Heating: Air conditioner

Exposure: West

Number of bathrooms: 1

Balconies: 1

Joinery: PVC

• New development
• Elevator
• Security
• Furnished

Agent's valuation of the offer Excellent!

See the project

Insurance and Social Security Market in Bulgaria

Insurance System

In 1998, after an interruption of almost 52 years, the license regime for insurance companies was re-established in Bulgaria. According to the Bulgarian legislation a company shall not provide both life insurance and general insurance services. This is the reason why most insurers engaged in the insurance market have registered separate life insurance and general insurance companies. Currently, there are 20 general insurance companies, 9 life insurance companies and 2 mutual insurance cooperatives operating on the Bulgarian market. They all have been granted license by the state and their activities are subject to the supervision of the Financial Supervision Commission. The Commission supervises also the activity of life insurance companies, pension-fund companies and of stock market participants. At present, foreign shareholders own either majority or minority share in 12 of the general insurance companies, which constitutes ca 55-56 % of the market income, and in 8 of the life insurance companies, whose market share is equal to 68 %. On the Bulgarian insurance market operate international corporations such as 'AIG', 'Allianz', 'Munich Re', 'HDI', 'EUREKO', Wiener St䤴ische , Grave, 'Uniqua' (being a subdivision of 'AKSA'). Though, it is only the Australian 'QBE' that has chosen to register its representative office in the city of Sofia.

Bulgarian insurers celebrate the Insusrers' Day on October 1st. It was celebrated for the first time in 1994. The date is not a random choice - on that day in 1891 in the city of Rousse, that was by that time famous for its traditions in entrepreneurship, was established the first Bulgarian insurance company - 'Bulgaria'. Until World War Two the insurance system has developed into an important branch of the Bulgarian economy over which the state exercised a relatively efficient supervision. In 1946 all existing insurers in Bulgaria - 19 Bulgarian and 11 foreign branches have been unified by law into 'State Insurance Institute' (DZI). It has retained the monopoly over the Bulgarian insurance market for 15 years until July 31st 1961. On that day, by a decree of the Council of Ministers of the Republic of Bulgaria was established the external insurance company 'BULSTRAD' being the first share-holders company in the country. It was meant to serve commercial exchange, all sorts of vehicle insurance, international tourism, construction works abroad as well as other Bulgarian interests outside the territory of the country. Until year 1989 when private insurance companies began to emerge in Bulgaria the State Insurance Institute remained the monopolist in the internal insurance system.

The Association of the Bulgarian Insurers (ABZ) has been established as a union on October 16th 1992 in Sofia and included 12 insurance companies. Currently, members of the association are all 31 licensed insurers in Bulgaria. ABZ (http://www.abz.bg) was established and is operating on the principals of democracy, voluntary commitment, equality and fair play. The Association unites the interests of Bulgarian insurance companies and maintains contacts with similar institutions abroad.

Insurance companies are not the only ones that have their own organizations. Insurance brokers (whose number in Bulgaria is 174) and insurants have also similar organizations.

Pension Insurance System

The first private pension-fund insurance companies in Bulgaria were registered in 1994. The pension system in its current organization, however, has been operating since the beginning of 2000 and is based on three main pillars: the obligatory government pension fund as a part of the State Social Security, the obligatory additional pension contribution system where the contributions deposited are paid in pension funds, managed by licensed pension companies and voluntary additional retirement contribution, also paid in pension funds, managed by licensed pension companies.

At present, in Bulgaria there are 8 pension companies in four of which the majority interest is owned by foreign investors. Some of them are Alianz and ING, the Hungarian bank group OTP and the Dutch finance group TBIH.

The companies are united in an organization of companies for additional pension contribution - Bulgarian Association of Companies for Additional Pension Contribution (BADDPO), having a status of a non-commercial legal entity.

Health Insurance System

The health insurance system and the consequent social relations were established in Bulgaria in 1998 when the parliament approved the bill of Health Insurance Act. It constituted the legal grounds for a change in the Bulgarian public health services system and for institution of obligatory and voluntary pension insurance in the country. Health insurance in Bulgaria is a system for social health protection, which provides a guaranteed packet of health services and is implemented by the National Health Insurance Fund. The voluntary and the additional health insurance are managed by private companies, registered in compliance with the Trade Act and licensed under the terms of the Health Insurance Act. Currently, the number of companies offering individual, family and group health insurance is equal to 12. Most of them are members of the Association of the Licensed Voluntary Health Insurance Companies (ALDDZO).