This is a pretty, low-rise apartment complex set on a hill in the town of Chelepare - a ski centre itself, huddled in a small and very beautiful valley in the Rhodopi Mountains, 10 km from the international resort of Pamporovo. The area has a unique country atmosphere, with a taste of simpler living and holidaying, splendid local dishes and tipples and hospitable and friendly neighbours. The private complex is designed by an award-winning architect, with many successful projects in the city of Bourgas, the resorts of Sunny Beach, Sinemorets and Luka village.
The complex comprises of just 22 apartments with a south-eastern disposition of the rooms and is sited for privacy, offering panoramic views towards the mountain and the town centre. Just next to the apartment complex there is a newly built hotel with a restaurant and spa centre comprising of sauna, Jacuzzi, massage rooms and fitness hall. The paid facilities will be available to the owners and guests of the complex.

Specifications:

• strategic location in a small and quiet ski resort, only 5 min from a ski run and next to the local sports school
  
• the area is largely made up of pine forests combined with rocky mountain peaks, filled with wild flowers and mushrooms
• the air is clean and the climate is perfect
  
• the apartments are made of high quality materials and enjoy an efficient heating system the complex is approx. 70 km from the city of Plovdiv and its airport it is also approx. 220 km from the capital, Sofia
  
• the hillside location offers incredible mountain views

Payment Plans

Standard

• 2000 Euros deposit (non-refundable if you decide not to purchase)
• 20 % first installment minus the deposit at signing the Preliminary Contract (within 28 days after deposit)
• 20 % second installment is due in two months after the first installment
• 20 % third installment is due in two months after the second installment
• 20 % fourth installment is due in two months after the third installment
• 20 % fifth installment is paid on completion of the complex and transferring of the ownership rights

With 4 % discount

• 2000 Euros deposit (non-refundable if you decide not to purchase)
  
• 90 % first installment minus the deposit at signing the Preliminary Contract (within 28 days after deposit)
  
• 10 % fifth installment is paid on completion of the complex and transferring of the ownership rights

Prices are final, inclusive of VAT, with the full value declared in the Title deeds. With effect from March 2008, the Municipality of Smolyan has increased the local property tax by 1 %. This now means that the additional costs, notary fees, local tax and stamp duty will be approximately 4 -6% on top of the purchase price).
Every owner of property in Bulgaria pays an annual real estate tax and annual local communal tax the amount of which depends on the size of the property.