Rockarch Estates are pleased to have been appointed principle agent for the sale of a property which will be built to 4 star standards by one of Bulgaria’s leading hotel chains and offers you the chance of complete ownership for you to live in or who can fully manage rental on your behalf for up to 20 (10+10 Year management contracts) years. Self-Invested Personal Pensions (SIPPs) compatible!

General Information
A Pre-Launch investment in Melnik - one of the renowned wine-producing regions on the Balkans. Close to the spa resorts and the natural springs in the famous Sandanski region of Western Bulgaria and only an hour drive from Ian Woosnam design golf course, the ski slopes of Bansko and the Greek coast. Melnik provides a smart alternative that guarantees a rental return.

About the complex
Own a property in the Renaissance town-museum of Melnik, the only area in Bulgaria where no further developments of the type of hotel complex Melnik are to be built in the forthcoming century. The complex comprises studios and 1-bed units distributed in traditional Bulgarian style houses and benefits from magnificent views to the unique “Melnik Sand Pyramids.
Hotel complex “Melnik” comprises of a 4-Star hotel with SPA centre, swimming pools, restaurant, ethno tavern and six residential blocks of apartments in the typical Melnik style. It is situated along the very entrance of Melnik, in the immediate neighbourhood of the town park and the Melnik river.

Why should I invest in Melnik?

• Melnik is architecturally preserved town-museum and is surrounded by the phenomenal Melnik Sand Pyramids. It is located within 20 km from the Greek border and the spa town-resort Sandanski(famous with its hot mineral water springs and its unique conditions for treatment of bronchial asthma)
• Melnik is frequently visited by Bulgarian, Greek, Macedonian, Bulgarian tourists valuing the specific for the region Melnik wine
  Melnik offers a blend of unspoiled nature, legendary history, culture and wine. The region of Melnik is considered by the historians as the birth place of the legendary Spartacus descendant of the Thracian tribe Medi. In its past history Melnik was a key economic and spiritual centre with over 25,000 inhabitants and more than 70 churches (the ruins of the St. Nicholas monastery-XII AD, The Slav Fortres-XIII AD, a Roman bridge old Turkish baths ). Melnik is the home of The Kordopoulov`s House (the largest house on the Balkan Peninsular) and the Bolyar`s House (the oldest house on the Balkan Peninsular)
• The statistics of the Bulgarian State Agency for Tourism states that from the 5.1 mln. foreign tourists in 2006 the majority are from the countries neighbouring Bulgaria namely: Serbia and Montenegro – 614 374 tourists; Greece with 606 195 tourists; Germany - 528 321 tourists; United Kingdom – 420 138 tourists; Russia – 215 828 tourists, Sweden – 102 602 tourists
• Combine this with the facts that the prices in Bulgaria are significantly lower than the ones in Greece and you can understand its all year round potential
• All year round tourism not linked to weather conditions (good snow coverage, long summer, etc) and of the presence of offices of major international companies
• It is a fact that the main stream of tourists visiting Melnik is from Bulgaria, Greece, Macedonia and Serbia. They all use the international road - E79 and the national railways crossing Sandanski and linking Thessaloniki with Sofia
• The warmest weather in Bulgaria - temperatures above 18 degrees Celsius from March to October)
• The balneology & cultural tourism were heavily promoted by the Bulgarian State Agency of Tourism and the Bulgarian Union of Spa and Balneology on the World Travel Market London in November 2007
• The properties which Rockarch Estates offers in this regions come with 5.25% 20 year rental guarantees (10+10 years) net of all expenses incl maintenance fees and base theirs guarantees on the facts that existing hotels are backing or developing the new properties
• Therefore once they are completed they will be managed properly by a hotel company achieving 80% occupancy rates per year

Distance from
Sofia Airport – 174km
Thessaloniki Airport /Greece/ - 180km
Ski centre Bansko – 100km
Kavala /Agean coast of Greece/ - 120km

Completion Date: Beginning of 2010
Property Type:  Spa & Cultural Apartments
Completion Stage:  Pre-Launch
Number of Bedrooms: Studios & 1-Beds
Size:  36.50 m² - 94.95 m²

Facilities

• 4 Star hotel with 12 studios and 4 apartments
• SPA Centre
• Indoor and outdoor  swimming pools
• Relaxation areas: sauna, steam room, jacuzzi and massage
• Ethno-tavern with 84 seats
• Restaurant with 112 seats
• Open terrace
• Conference hall  
• Secure parking
• 24 hours security

Competitive Advantages

• Pre-launch of Phase I Now Available.*
• The only 4 Star Condo Hotel Apartments with SPA centre and two swimming pools in Melnik with a 20 Year Rental Guarantee of 5.25 % net per year (realistically 8-10% from Year 4 following the project completion)
• Pay only 40% now! Remainder with pre-arranged mortgage
• 25 FREE days personal usage per year for the owners and their friends
• You receive 50% of the income generated from your property or a minimum 5.25% guaranteed rental return per year for 20 (10+10 Years management contracts) years (should 50% of the income of your property is less than 5.25% of the purchase price of your apartment)
• All units will be fully let and managed by an existing Bulgarian hotel chain running since 2003 with occupancy rates of 80%
• Build by a hotel chain who have several developments already and have a proven track record
• A Turn Key Property – with full kitchen equipment and full set of 4 star furniture included in the price
• Prices from € 54,896 incl. VAT of 20%
• The only town in Bulgaria where there are no existing and no future developments apart of the one we offer to be build in the forthcoming century

* Offer valid only for clients reserving their properties before the start of the construction works.

Property Management
All units will be fully let and managed by an existing Bulgarian hotel chain running since 2003 with occupancy rates of 80%.