Modern first-class holiday complex situated in the heart of Rhodopes mountain - panoramic view and excellent architectural decisions are guaranteed!

Location

Dream View apartment complex is located in a picturesque area, neighboring a pine-tree forest and offers unforgettable memories both during summer and winter. It is situated in Pamorovo ski resort, Smolyan Region at the altitude of 1659 meters with immediate access to the Studenets ski run and next to Panorama hotel. The surroundings and the proximity of the communication facilities make the place and the property perfect for relaxation, winter and summer tourism and most of all skiing.  
Pamporovo, the pearl of the Bulgarian mountain resorts, nests in the heart of the Rhodopes, about 80 km south from the city of Plovdiv and offers the following amenities:

• The highest point Snejanka 1926m.
• Average annual temperature - 8.5 C
• Snow 150-200 days per year
• Climate - mild mountain, moderate with strong influence from the Mediterranean
• One of the best ski-schools in Europe
• 17.5 km alpine tracks with various grades of difficulty
• 34 km long-distance running tracks
• 5 chair-lifts and 13 tows with total capacity 8500
• Ski runs of all degrees of difficulty with most of the tracks starting form the peak
• Great 'off piste' opportunities with local guides
  Pamporovo is the sunniest ski resort in Europe with more than 250 sunny days a year.

In a short proximity from Pamporovo are situated the Greek seaside /70 kilometres/, Plovdiv Airport /80 kilometers/ and the capital of Bulgaria Sofia /200 kilometres/.

Accents

• Tranquil location
• Immediate access to ski run Studenets
• One of the most attractive ski resorts in Bulgaria
• Snow cover for up to 120 days per year
• Chair lifts and ski drags only 400 meters from the development
• Plovdiv airport operates direct winter flights to a number of main UK/Irish airports
• Thessaloniki airport 90 min drive away
• Small-size apartments, easy to furnish, maintain and rent
• Close to completion
• Possibility for a mortgage

Project

Dream Vew holiday complex outstands with a perfect architectural performance applying modern first-class decisions and trends of the contemporary construction. The surroundings and the proximity of the communication facilities make the place and the property ideal for relaxation, winter and summer tourism and most of all skiing. The future inhabitants will benefit a fitness, sauna, coffee bar ski-wardrobe and underground parking. The Developer offers maintenance, housekeeping and 24 hour security all around the year. The building will be completed in December 2007 before the end of the winter season.

Dream View holiday complex consists of an underground level, a ground floor and 4 overground residential floors. There are 33 first-class apartments for sale. All the apartments are facing southeast or west and receive lots of sunshine in the winter.  

The sizes of apartments start from studios at 28 sq.m and vary up to spacious penthouse with service rooms, elevators and facilities. Each apartment comprises a modern kitchen, living room, bedroom, bathroom with toilet and a terrace. Electrical boiler for the heating system and hot water is supplied in each apartment and is included in the price. Satellite TV and local security system for each apartment are optional and up to the customer's choice.

The building ground, on which the complex is situated, faces south-east with magnificent views to the ski runs and Snejanka peak.

Construction

• Construction -  reinforced steel construction

• Mansory - red brick

• Hydro and thermal insulation on foundations and roofs

• Complete thermo insulation of the building

• Joinery - PVC double glazed window casement

• Front and interior doors -veneered MDF- color "oak"

• Electrical supply system equipped with two-tariff electric meters, door bell and intercom system, Cable TV socket; Switches and wall-plugs installed

STANDARD OF FINISH for THE APARTMENTS

All apartments will be finished to the highest standards, offered for sale ready to be furnished. 

• Common parts: Floor - granite tiles, walls and ceiling - latex painted
• Entrance hall: Floor - terracotta or granite tiles, walls and ceilings - latex and gypsum plastering
• Living room and bedroom: Floor - laminated parquet, walls and ceiling - latex and gypsum plastering

• Kitchen: Floor - laminated parquet or terracotta tiles, walls and ceilings - latex and gypsum plastering, sink cupboard , built oven , refrigerator

• Bathrooms and WC: Walls - faience, floor - terracotta tiles, shower cubicle, sink, combination tab
• Balconies: Walls and ceiling - wooden coating,  cold-resistant flooring  

PROPERTY MANAGEMENT & LETTING

A first class property management service will be provided by the Developer. Once the complex is ready, the owners will be offered to sign contracts for property management and letting.

The annual fee for the maintenance is 10 EUR/sq.m including VAT and comprise cleaning of the snow, common areas, SPA and sports facilities etc.

The building is for sale at the price of EUR 2121336 with no commission for the Buyer!

The Agency charges 400 EUR /VAT excluded/ fee for attendance at the transaction.

WHY BUY IN PAMPOROVO?

• Popular both in the winter season and the in the summer for mountain pursuits
• Popular with tourists, and anticipating a 40 % increase in skier numbers over the coming season
• Property is generally cheaper than in Bansko
• Snow cover for up to 120 days per year
• 1 hour drive to Plovdiv Airport, which operates direct flights in the winter to a number of main UK/Ireland airports
• 1 hour drive from the Aegean coastline
• 1.30h drive from Thessalonica airport

It's easy with us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.
Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.
On arrival you will be greeted by a friendly and highly trained representative.
Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

MORTGAGE LOAN POSSIBILITIES...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.
Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.
UBB - United Bulgarian Bank
The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.
First Investment bank
Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.
There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.
The term for approving the application is usually up to 2 days.

Bulgarian property buying steps explained

Construction type: Brick

Year of construction: 2007 Year

Stage of construction: permission to move in granted

Heating: Electric heaters

Exposure: West, South-east

Joinery: PVC

• New development
• Elevator
• Security

Agent's valuation of the offer Excellent!

Registering Property in Bulgaria

STANDARDIZED PROPERTY
Property value: USD 273,754
City: Sofia

Registration Requirements:

Procedure 1*.
The Estate is drafted by the respective Municipality

Time to complete: 14 days
Cost to complete: BGN 10
Comment:
The estate is drafted by the respective municipality.
The draft of the estate is a graphic sketch of the estate with its borders, square meters, number of the area, where the estate is situated. This draft is issued on the grounds of the Cadastre of the real estates.

Procedure 2*.
Obtain a tax valuation of the property

Time to complete: 14 days
Cost to complete: No cost
Comment:
The tax valuation of the property is issued by the respective tax authorities.
A tax valuation is mandatory for every property transfer

Procedure 3*.
Issuance of certificate of good standing for seller and buyer

Time to complete: 3-4 days
Cost to complete: BGN 5 each
Comment:
A certificate of good standing must be issued for seller and buyer.
Companies in Bulgaria are registered with the respective regional court depending on the address of the company. This certificate is issued by the registration court.
The certificate is needed to show that the company is registered and existing, and that the person who signs on behalf of the company is actually the authorized person to sign.

Procedure 4*.
Obtain a Non-Encumbrance certificate from the Real Estate Register

Time to complete: 5 days
Cost to complete: BGN 5.90
Comment:
 
Procedure 5*.
Obtain a certificate of paid taxes

Time to complete: 7 days
Cost to complete: No cost
Comment:
The certificate of paid taxes is obtained from the local tax department for both the buyer and the seller, according to art. 36 par.7 from Tax Procedure Code

Procedure 6*.
Obtain a Social Insurance Certificate

Time to complete: 7 days
Cost to complete: No cost
Comment:
A social insurance certificate is obtained from the local branch of the National social Insurance Institute for both the buyer and the seller

Procedure 7.
The notary executes the transfer deed

Time to complete: 1 day
Cost to complete: 2% of property price (state fee) + 0.1% of property price (Registration fee) + notary's fees according to the following scale and with a maximum of BGN 3,000: Value of Property Fees Up to 100 BGN 15 From BGN 100 to 1,000 BGN 15 + 1.5% of excess over BGN 100 From BGN 1,000 to 10,000 BGN 28.5 + 1% of excess over BGN 1,000 From BGN 10,000 to 50,000 BGN 118.5 + 0.5% of excess over BGN 10,000 From BGN 50,000 to 100,000 BGN 318.5 + 0.2% of excess over BGN 50,000 Above BGN 100,000 BGN 418 + 0.1% of excess over BGN 100,000
Comment:
The notary executes the transfer deed and collects the money for payment of the state fee (transfer tax) and the registration fee.
The State Fee amounts to 2% of the property price.
The registration fee amounts to 0.1% of the property price.
Usually the notary pays the state and registration fees. This is done for the clients' convenience. The parties can pay themselves the fees at the account of the tax authority where the estate is situated and bring the receipts to the notary.

Procedure 8.
Registration of the notarized deed at the Registry

Time to complete: 1-3 days
Cost to complete: Already paid in Procedure 4
Comment:
The notary will register the notarized deed at the registration office with the respective district court.
This can be done by the parties too, but it is most common that the notary will do it (and it is included in the above fees).
The notary will pay registration and state fees collected previously. Registration usually takes 1 day. However, it can take up to 3 days if there are too many deeds to be registered.

Procedure 9.
Parties receive a copy of the registered deed

Time to complete: 1 day
Cost to complete: No cost
Comment:
Parties will receive a copy of the registered deed the same or next day the deed has been registered by the notary

Note: Procedures sometimes take place simultaneously. Instances of this are marked with an asterisk (*).