The complex is a boutique development situated in a beautiful area in the elegant resort of St. Vlas. The development is part of a large holiday complex project, but is a separate gated unit with two swimming pools and a fitness centre. It enjoys good infrastructure and easy access. It has a fantastic location only a minute away from the sea and the beach. It is also extremely close to the biggest attraction in St. Vlas resort - the yacht marina surrounded by trendy bars and fancy restaurants. The complex features apartments of excellent quality but still reasonably priced.
The holiday zone is ideal for relaxation and yet has a fantastic choice of entertainment options. Luxurious and elegant, St Vlas is very close to the busy Sunny Beach resort.

Location: prime position 1 minute walk from the beach and 2 min walk from the marina
Amenities include 2 outdoor swimming pools and a pool bar; Sauna; Fitness Centre; Cafй


Completion date: June 2009

Building stage
Solid reinforced concrete structure
External insulation Brillux from Germany
Inner mineral plastering Brillux from Germany
UPVC window joinery from Austria with 5 year guarantee
Interior doors from MDF with metal lining
Smoothly plastered and painted with German latex paint Brillux
Fully fitted kitchens
Fully fitted bathrooms with sanitary equipment and shower
Air conditioners type Osaka
Italian granite tiles in all common parts, including the verandahs
Network for cable television, telephone and internet
Luxurious elevators
Landscaped gardens

Furnishing
All apartments will come fully completed with fitted kitchen units, fully fitted bathrooms & air conditioners. A full furnishing package (including all other necessary items) will be provided by the investor to the approximate cost of:
- 3 000 Euros for a studio apartment
- 5 000 Euros for a one-bedroom apartment
- 6 000 Euros for a two-bedroom apartment

Maintenance of common areas
The annual maintenance fee is 5 Euros per sq.m. (VAT included) and will cover the following:
∙ Maintenance of the communal gardens and the swimming pool
∙ Maintenance, cleaning and electricity bills of the common parts (corridors of the block)
∙ Standard repairs occurring from the normal use of the building

Standard Payment Plan:

• 1000 euro deposit /first instalment/ to the bank account of the builder (non-refundable)
• 35 % /second instalment/ paid at signing the Preliminary Contract within 20-28 days after the deposit has been paid (all legal rights of the buyer established)20 % /third instalment/ when the complex reaches 3rd floor*
• 20 % /fourth instalment/ when the complex reaches roof level
• 15 % /fifth instalment/ when the window joinery is being installed
• 10 % /sixth instalment/ is paid on completion of the development and on receipt of Act 16 (completion of building at Act 15 - Summer 2010)

*Please note, any buyer buying into the development during construction will pay their instalments on different stages of the build (e.g. if the 3rd floor is already built on signing the preliminary contract, then this instalment may be due on the roof stage)

Discounted payment plan

*A discount of 8% of the purchase price will be offered for all apartments purchased with the following payment plan:

• 2500 Euros non-refundable deposit at the time of reservation
• 90% of the purchase price less the deposit upon signing the preliminary contract
• 10% of the purchase price when the whole complex is finished at receipt of Act 15 (Summer 2010)

* Any discounts offered by this payment plan maybe reduced should a promotional discount be offered on the project (e.g. 10% promotional discount over a limited period)

Deferred payment plan

All apartments purchased on this payment plan will have their original price increased by 8%:

• 2500 Euros non-refundable deposit when reserving your apartment
• 30% of the purchase price less the deposit upon signing the preliminary contract
• 70% of the purchase price when the whole complex is finished at receipt of Act 15 (Summer 2010)

Payment plan for buying with mortgage

• 5% reservation deposit, non-refundable. Must be paid with Buyer's own funds
• 25% when the construction starts or on signing of the Preliminary contract. Must be paid with Buyer's own funds
• 70% will be paid by United Bulgarian Bank