Vihren complex has been divided into two areas – a hotel area: a 4-star hotel “VihrenPalace” and a residential area with apartments: “Vihren Residence”.
To ensure the comfortable and enjoyable stay of the guests, besides the luxury rooms, in the hotel “VihrenPalace” have been built a bowling and billiards hall, a SPA center, including a swimming pool, saunas and a steam-bath, massage and beauty parlours, a gym and a hairdresser, as well as restaurants, a lobby bar, a night bar, shops, an underground car park, and a ski locker.
Studio Apartments start from € 23,500 for a c.21 Sq M (c.226 Sq Ft). One Bedroom Apartments start from € 65,500 for a c.54 Sq M (c.581 Sq Ft). Two Bedroom Apartments start from € 128,000 for a c.97 Sq M (c.1044 Sq Ft).
The combination of the hotel and apartments provides an alternative choice for people who want access to a wide range of good quality facilities, with the freedom of not staying in a hotel. The full range of the Hotel’s facilities and services including room and laundry services will be available to occupiers of the apartments (for an annual fee or at a discounted rate).
The main power of attraction for investors involves their ability to sign contracts with the hotel in order to sublet the bought apartments at hotel rates. For this purpose will be implemented a special management programme with different variants for rent. Apartments’ owners will have the opportunity to use all services of the 4-star hotel “VihrenPalace” at special rates. Further attractions are the location of the “Vihren Residence” complex, situated right next to the cabin-lift station (gondola), and the wonderful view of the mountain from all apartments.
There is an increasing interest in the investment in this area also because of the fact that Bulgaria is a candidate for the winter Olympic Games in 2014. Besides, the positive trend in the expansion of foreign capitals is due to the full NATO membership of Bulgaria since April 2004, as well as the forthcoming membership of the European Union in 2007. All this is a guarantee for a continuous and good investment turnover.
A standard floor – apartments and rooms
The building of the residential complex “Vihren Residence” consists of a basement, ground floor, three model floors, a floor with mezonet apartments (ateliers), and an under-roof floor.
Each of the three model floors includes 16 apartments, out of which 2 are one-room, 13 are two-room, and 1 is a three-room apartment.
The one-room apartments (32 and 45 sq.m.) consist of a living room with a kitchenette, a bedroom section within the living room, a bathroom, and a terrace (there is also an option with no terrace).
The two-room apartments (from 53 sq.m. to 64 sq.m.) consist of an entrance hall, a living room with a kitchenette in it, a bedroom, a bathroom, a terrace and a closet.
The three-room apartments (from 97 sq.m.) include two bedrooms and two bathrooms, a living room with a kitchenette, and two terraces, as well as an entrance hall and a closet.
Mezonet ateliers floor
The floor before the last one contains 4 one-room from 21 to 39 sq.m., 2 two-room apartments from 54 and 57 sq.m., and 9 mezonet apartments from 61 to 69 sq.m.
The mezonet apartments consist of two levels – the first level includes a living room with a kitchenette, a toilet, a terrace and a staircase, leading to the second level – an attic (bedroom) and a loft bathroom.
The apartments will be sold with furnished bathrooms, toilets and kitchenettes. Upon the buyers’ request the apartments can be catalogue-furnished. In each apartment there will be an Internet connection and a direct telephone line.
Payment Plan:
-30% – at singing the contract;
-20% - no later then December 2007 (with right of usage);
-50%- no later then 30 October 2008 (transferring the property).