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Search » Golf Properties » Property Details
Country Golf Club & Spa Ibar
Location
Dolna Banya

 Competitive advantages
  • All year round Golf&Spa resort with International Championship golf course
  • Access to the hot mineral water springs of Dolna Banya
  • Easy access to the ski slopes of Borovets (18km away)
  • Adjacent to the Airport & Flying school of Dolna Banya
  • Quick access to Sofia International Airport (70km away via a highway)
  • Property management available through IBAR Developments
Country
Bulgaria

Prices from
£19,310
An opportunity to invest in an 18-hole Nicklaus Design International Championship golf course

Rockarch Estates are pleased to have been appointed as an agent for the sale of apartments and villas in Country Golf Club & Spa IBAR – the 1st Nicklaus Design 18-hole golf course in South East Europe. The development will feature around 450 properties: apartment type villas (with studios, 1-, 2-bedroom apartments) and detached and semi-detached villas (2-, 3- and 4-bedroom) located in Dolna Banya , about 18km from Borovets-the 1st Bulgarian ski resort and 70km from the Bulgarian capital Sofia.

 

General Information

The development offers a great opportunity for a mountain golf getaway, or permanent home in a gated community with 18-holes of golf available when you need it.

Escape and relax. The golf club offers privacy, great mountain views, and access to all the amenities of Golf Club Ibar: Swimming pool(indoor/outdoor); Tennis (outdoor); SPA Center with hot mineral water; 24-Hour Security; Playground; Park; Club House; General Store; Activities; and much more. This private golfing community allows four seasons of country club living.

 

Nicklaus Design, as a company, has 282 courses open for play in 28 countries and 37 states. Of those Jack Nicklaus has 235 courses open to play worldwide, including 196 solo designs, 11 redesigns and 28 co-designs. At least 45 Nicklaus Design courses have been ranked in various national and international Top-100 lists, and 77 courses have hosted a combined 500 professional tournaments worldwide or significant U.S. national amateur championships.

 

 
The Location
Dolna Bania itself is an ancient settlement famous for its hot mineral water springs (65°C). Over the centuries its inhabitants have featured ancient Thracian tribes, Roman and Byzantine settlers. Roman legions have also crossed these lands on numerous occasions. Germanicus (grandson of Emperor August, brother of Claudius and father of Emperor Caligula of the Roman Empire was procurator here). The well preserved Roman Bath, the old paved Roman road, the ruins of the Venetitsa - an ancient Orthodox monastery and the small chapel located 6 km from the town, lend extra historic value and importance to the entire area. The road to Constantinople, which runs close to the town, was used by the armies of the IVth Crusade, led by Emperor Baldwin of Flanders.

 

 

Distance from
Ski resort Borovets – 18km
Sofia  International Airport – 70km
Plovdiv International Airport - 80km
Hot mineral water springs of Dolna Banya - 10 minutes drive 
 
Completion Date: Variable depending on the stage. See below.
Property Type:  Golf & Ski Apartments and villas
Completion Stage:  Launch
Number of Bedrooms: Studios, 1 & 2-Beds, 2-3 bed villas
Size:  20.53 m² - 243.5 m²
 
Start & Completion Dates of the various stages:

 

A. STAGE 1 - start September 2005, completion - October 2007; Block 55 - start September 2005 / completion November/December 2006; Block 54 - start October 2005 / completion November/December 2006; Block 53 - start May 2006 / completion November/December 2006; Block 49 - start April 2006 / completion November/December 2006; Block 76 - start May 2006 / completion March 2007; Block 1 - start September 2006 / completion July/August 2007; Block 2 - start September 2006 / completion July 2007; Block 3 - start May 2006 / completion March 2007; Block 4 - start June 2006 / completion May 2007; Block 5 - start October 2006 / completion October 2007; Block 6 - start June 2006 / completion March 2007; Block 7 - start September 2006 / completion July 2007;

B. STAGE 3 - Block 1 - start March 2007 / completion 2008; Block 2 - start March 2007 / completion 2008; Block 3 - start April 2007 / completion 2008; Block 8 - start May 2007 / completion 2008;

C. PRACTICE FACILITY - Start - May 2006/ playable - Autumn 2007; 18 holes Nicklaus design golf course - start September 2006/ completion 2008;

D. Road / Infrastructure - Part of the infrastructure is available, as a rule it is built prior to or simultaneously with the construction of villas.

 

 

Facilities
  • Club House
  • Hotel
  • Spa centre with hot mineral water
  • Indoor and outdoor communal swimming pools
  • Tennis (outdoor), football, volleyball and basketball fields
  • Restaurant
  • Pubs
  • Spike bar
  • Pastry shop
  • Member’s room and pro shop
  • SPA centre with hot mineral water
  • Roman Bath (thermi), Finnish sauna, Turkish bath (Hamam)
  • Massage Rooms, massage bath, beauty shop, contrast showers, Cleopatra bath
  • Playground
  • Kid’s club
  • Park
  • General Store
  • Mini market
  • Activities: horse, riding, skiing and winter sports, flying school, small airplane and delta plane flying      
  • Horse riding, off-roading, motorcycling and mountain biking, fishing and hunting, mountaineering and summer and winter mountain sports  
  • Parking facilities
  • 24/7 security
  • Professional garden maintenance and cleaning services

 

  

Competitive Advantages
  •  All year round Golf & Spa resort, with International Championship Golf course
  • Easy access to the ski slopes of Borovets (18km away)
  • Quick access to Sofia International Airport (70km away via a highway)
  • Access to the curative powers of the hot mineral water springs of Dolna Banya
  • Adjacent to the Airport & Flying school of Dolna Banya
  • Picturesque scenery to the snow capped peaks Ibar – 2,666m & Musala (2925m)
  • Tailor-made private amenities such as your own Jacuzzi, swimming pool, spa centre, mineral tap water and garage
  • Capitalizing on current income
  • The expected rental income may reach 6 – 8% per year

 

 

Property Management

Starting from December 1st, 2007, Ibar Developments EAD, which is 100% owned by Golf Club Ibar AD, will offer the following property maintenance packages:

 I. Checking Package
  • Checking utilities (water and electricity) monthly
  • Reading of meters (water and electricity) - monthly
  • Submission of a report for the state of the property - monthly
  • Airing of all rooms - 4 times per month
  • Additional inspection due to bad weather conditions - when necessary
* Fee for the services above - € 60 for 6 months / € 120 for 12 months
 
II. Cleaning Package
Service charge per visit for the following services: vacuum cleaning, mopping of floors and terraces, cleaning of bathrooms and toilets, disinfection of bathrooms and toilets, dusting
  • Studio € 8
  • 1-bed apartment - € 10
  • 2-bed apartment - € 15
  • Villa Maria - € 18
  • Villa Iskra - € 18
  • Villa Christina - € 20
  • Villa Nina - € 20
  • Villa Anna - € 25
  • Villa Irina -  € 25
* One package for free upon ordering 20
 
III. Key Holding Service
€ 60 for a 6-month period, € 110 for a 12-month period
All the prices are VAT included. The payment should be made in advance upon order by bank transfer.

 

The following services will be soon available:

  • Swimming pool maintenance
  • Payment of bills
  • Garden maintenance

* The company has the right to make changes in the services and prices.   

Floor Plans
Download Country Golf Club & Spa Ibar 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 metre from € 840
  • Studio     € 28,000*
  • 1 Bed      € 75,000*
  • 2 Bed      € 99,000*
  • Villa       € 110,000*
* all prices include VAT 
 
 
 
Maintenance Fee
To be confirmed. It will cover professional garden maintenance & cleaning services and will be offered at a reasonable cost within the property management services (most likely - 3 standardized packages, covering the most often requirements of the clients).
 
Country Club Membership. Membership fee EUR 1 600 per annum per villa/apartment.
It includes the following: maintenance of the infrastructure on the premises of the Club, maintenance of the public gardens, streets, alleys, the cable TV network to each property, external security, free use of the Spa Centre including three baths, swimming pools and sports facilities (tennis courts, football, volleyball and basketball fields). Golf can be played in accordance with the paid services plan. Tee time bookings can be made up to 15 days in advance.
 
Golf Club Membership. Membership fee EUR 2 000 per annum per villa/apartment covering a family = owner + spouse/husband + children up to the age of 18.
It includes all services of the Country Club membership plus the following additional rights: members of the club and their families play golf for free pursuant to the rules of the Club.
Guests of the members (up to 3 guests) can play golf using a 50% discount on the green fee.
Tee time bookings can be made up to 30 days in advance.
The club members and their families have the right to use the practice facility free of charge as well as the golf club trolleys.
Members are entitled to a 50% discount on the Golf Instructor's fees .
Members are entitled to a 50% discount on the Golf Cart fees.

For the time before the 18 hole golf course is in running order (scheduled for the autumn of 2008), the membership fee will be EUR 600 per annum and will include the property security services and maintenance of the common parts.
 
The membership fees were approved in December 2005 and are fixed till the end of 2008. Afterwards they will increase once every three years. The increase will not be higher than the inflation rate for the 3-year period.
 
 
 
 
Payment Options:
 
Option 1 (For Villas and Apartments)
  • Reservation fee - € 2,000
  • 1st payment of 10% - upon signing the preliminary contract
  • 2nd payment of 45% - at level zero (ground level)
  • Last Payment of 45% - with the Habitation License 
Option 2 (For Studios)
  • Reservation fee - € 2,000
  • 1st payment of 50% - upon signing the preliminary contract
  • Last Payment of 50% - with the Habitation License 
 
 
 
Finishing
According to developer’s specifications.
 
 
 
 
Furnishing
Not included in the price.

 

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1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Rockarch Estates Ltd in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Rockarch Estates nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
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