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Testimonials

“Guess where we have been during Half Term............
 
It was so lovely to go out to the house and know that it is now ours :)
 
The children really loved it. The boys loved splashing about in muddy puddles and Isabel loved watching all the animals going up and down the road :). We had lovely sunny weather while we were out there and the Beech trees looked beautiful in all their autumn colors.
The neighbours were really friendly and gave us milk, jam and wood for the fire, I really need to start learning Bulgarian so that I can thank them properly as "Merci" seemed very inadequate.
 
We went into a furniture factory in Teteven and ordered some beds, bedside tables and wardrobes which was great fun as we can only say yes, no, please and thank you in Bulgarian and they could only say I love you in English!!!! We got by with lots of actions and drawings!
 
We are hoping to go out again around New Year, so next time we might see the house in the snow!
 
Thank you so much for all your help with buying the house, if we hadn't had that conversation with you at the property fair..........
 
Carina, Andy, Alex, Jamie and Isabel

 Ms Carina Edwards

 

Rockarch Property Search

Search » Spa Properties » Property Details
Location
Sandanski

Competitive advantages
  • 10 Year Rental Guarantee of 5.25 % net per year
  • 50:50 room rent rate share
  • Privileged access to the facilities of MEDITE Spa Hotel
  • 25 FREE days personal usage per year
  • Fully let and managed by Bulgarian hotel chain
  • A Turn Key Property
Country
Bulgaria

Prices from
£22,440

Fully managed and rented apartments earning a guaranteed rent of minimum 5.25% per year for 10 years!

Rockarch Estates are pleased to have been appointed as an agent for the sale of a these high-end fully furnished (including luxury fitted bathrooms, kitchenette -where possible and furniture) hotel rooms, studio, 1- and 2-bedroom suites.

General Information
The town of Sandanski has become the SPA capital of Bulgaria. No matter how Sandanski has changed throughout the centuries, the heart of the place, the mineral water that is in the centre Sandanski’s seal, always defined its character. Long before of spa tourism became a concept du jour in Bulgaria, Sandanski was a well-developed balneology centre.

About the complex
This upscale residential development overlooks the town of Sandanski and its park and offers unspoiled views towards the Pirin Mountains from all suites. The choice array includes variety of units ranging from 26 to 196 sq. m. It features 132 studios, 1 and 2-bedroom homes enjoying the meticulous quality of both the finishing details and the materials used.
The project is designed with the utmost attention to detail that leaves nothing to chance: a style which perfectly fits the environment, top-class leisure facilities including mineral water swimming pools, private health club, balneological centre with qualified physicians and the best selection of amenities: a prestigious 4* hotel just 100 m. away, exclusive shopping centre, 80 hot mineral water springs.

 

 Why should I invest in Sandanski

  • Sandanski (the best place for treatment of bronchial asthma in Europe, famous with its 80 hot mineral water springs) is located some 20 km from the Greek border
  • Sandanski is frequently visited by Bulgarian, Greek, Macedonian, Bulgarian tourists valuing the healing powers of the hot mineral water springs
  • 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
  • Few supermarkets including Billa and an outlet of Kaufland to open their doors to visitors in 2007/2008
  • 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
  • More tourists from Finland, Estonia, the UK, Ireland and Russia to visit the resort in 2008-2009
  • 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 Sandanski 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% 10 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 – 156km
Thessaloniki Airport /Greece/ - 166km
Ski center Bansko – 87km
Rupite- 15km
Kavala /Agean coast of Greece/ - 120km  

 

 

Completion Date: November 2008
Property Type:  Mountain & SPA Apartments
Completion Stage:  Near Completion
Number of Bedrooms: Hotel Rooms, Studios, 1 & 2-Beds
Size: 25.19 m² - 196.70 m²

 


Facilities

    • Hotel rooms, studios, 1 & 2-bedroom apartments
    • Unspoiled panoramic views to the town of Sandanski
    • Indoor and outdoor swimming pools with mineral water
    • Pool cocktail bar
    • Tennis court and mini football
    • Fitness center
    • 3 Conference centers with total of 600 places
    • Modern SPA and Wellness centre famous with its golden prize of the Bulgarian Tourism Association - “The Best Spa Hotel 2005”
    • Restaurant
    • Open-air terrace
    • Children playground
    • Kindergarten
    • 2 lifts
    • Underground garage and parking lot
    • 24 hours security  

 

* Tennis court, mini football, mineral water swimming pools and fitness center: free of charge. 

 

Competitive Advantages

  • 1 High-end fully furnished hotel rooms, studio, 1- and 2-bedroom units
  • 25 FREE days personal usage per year
  • Privileged access to the facilities of MEDITE Spa Hotel
  • Apartments with a 10 Year Rental Guarantee of 5.25 % net per year (realistically 8-10% from Year 4 following the project completion)
  • 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 10 years (should 50% of the income of your property is less than 5.25% of the purchase price of your apartment)
  • All units will befully 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 EUR 32,535 incl. VAT of 20% 

 

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



Floor Plans
Download 4 Star Medite Resort Apartment House Floor Plans in pdf format for your review. Please note it may take a few minutes depending on your internet connection.
NOTE: To view the floor plans you need pdf reader. If you don't have one, Adobe Acrobat Reader is free and can be downloaded from here.

 

Prices from
Price per square meter € 978 - € 1,247
  • Studio     € 32,535*  
  • 1 Bed      € 70,479*  
  • 2 Bed      € 94,494* 
* all prices include VAT
 

 


Maintenance Fee
The maintenance fee is € 7.20 (incl. VAT of 20%) per sq. m. per year. This charge excludes private utility usage, insurance, local taxes, and rental management fees.

Maintenance fee is not payable as long as you have a signed rental agreement with the hotel.
 

 

Payment Options 

Option 1 (Pay 50% Now : 50% in 6 installments over 18 months)

  • Reservation fee - € 1,000 (£750.00)
  • 1st payment of 50% - 28 days after reservation      
  • 2nd payment of 8.34% - due within three months after the first installment
  • 3rd payment of 8.34% - due within three months after the second installment
  • 4th payment of 8.34% - due within three months after the third installment
  • 5th payment of 8.34% - due within three months after the fourth installment
  • 6th payment of 8.34% - due within three months after the fifth installment
  • Last payment of 8.30% - due within three months after the sixth installment (upon transferring the ownership)                           

Option 2 (Pay 30% Now : 70% in 12 installments over 12 months)

  • Reservation fee - € 1,000 (£750.00)
  • 1st payment of 30% - 28 days after reservation    
  • 2nd payment of 5.83% - due within one month after the first installment
  • 3rd payment of 5.83% - due within one month after the second installment
  • 4th payment of 5.83% - due within one month after the third installment
  • 5th payment of 5.83% - due within one month after the fourth installment
  • 6th payment of 5.83% - due within one month after the fifth installment
  • 7th payment of 5.83% - due within one month after the sixth installment        
  • 8th payment of 5.83% - due within one month after the seventh installment
  • 9th payment of 5.83% - due within one month after the eightth installment
  • 10th payment of 5.83% - due within one month after the nineth installment
  • 11th payment of 5.83% - due within one month after the tenth installment 
  • 12th payment of 5.83% - due within one month after the eleventh installment 
  • Last payment of 5.87% - due within one month after the twelveth installment (upon transferring the ownership)

Option 3 (70% Mortgage)

  • Reservation fee - € 1,000 (£750.00)
  • 1st payment of 30% - 28 days after reservation
  • Last payment of 70 % - 2 months after reservation

 

Finishing
According to developer’s specifications.

 

Furnishing
Included in the price.            

 

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