We are pleased to offer 28 luxury apartments in The Mountain Romance Hotel for sale as either as investment or fully serviced apartments.The hotel is located 600 metres east of the gondola lift and a 7 minute walk into Bansko town, each apartment will have either south, east or westerly views towards the beautiful Pirin mountain range and Rila mountain.
The permission for living has been issued for the whole complex and all the apartments are superbly finished and furnished.
● Luxury SPA centre offers to guests of the hotel:
The Spa center combines an incredible variety of relaxation therapies and cosmetics procedures with rehabilitation effect and a favorable influence over the mind, body and spirit.
◊ Jacuzzi ◊ 2 Steam baths, one of them individual ◊ Sauna
◊ Bath tub with a Spa procedures ◊ Relaxation Area
◊ Telasso and Aroma therapy
◊ Massage rooms ◊ Gym
◊ Beauty salon for face treatments
On site facilities:● Restaurant (traditional style tavern with BBQ) ● Reception desk ● Security (24 hours)● Ski and ski boots storage depot ● Laundry services
● Landscaped gardens
● Outdoor children's playground
● Parking plots
● Cable TV with 30 international channels installed ● High speed Internet ● Telephone land line (BTK)● Fire-detectors
● Property and rental management services
● Good Profit potential from 8% to 10% per annum.
Best option for Payment plan:
70% - on signing the Preliminary Contract (within 30 days after the reservation)
30% - within 60 days after the reservation
Properties can be reserved for a non refundable reservation fee of € 2000 (approx £1400). This reservation fee is deducted from the initial payment
Technical details:
All the apartments are luxury finished with the highest quality materials:Warranty- 10 years construction warranty
1. Floors- Wooden floor laminate in the living rooms and in the bedrooms- Terracotta tiles in the bathrooms- Granite tiles in the kitchen area and in the corridors2. Walls
- 5sm. outer isolations for max. heat protection
3. WC- The bathrooms and WC fully fitted –cubicle, bath tubs and all accessories4. Doors and windows
- Solid doors and four times glazed windows
5. Heating System- Modern individual heating system with radiators, making your ongoing maintenance cost considerably lower, compared to other types heaters.
Options for:
- Fire place in the living rooms - Cable TV with 40 international channels installed - High speed Internet - Telephone landline (BTK)- Fire-detectors
Maintenance of the communal area:
The annual maintenance fee is 8 EURO /without VAT/ per sq.m. and will cover the following:• Maintenance of the garden.• Maintenance, cleaning and electricity bills of the common parts (corridors of the hotel).• Security and looking after the hotel.• Standard repairs occurring from the normal use of the building
Managed Rental Option:Apartments purchased in The Mountain Romance Hotel can be rented privately through a managed rental scheme operated from the hotel website and reception. This agreement can be signed on an annual basis for the reception to rent the apartments out on behalf of the buyers. As the residence is operating as a hotel, the ‘Hotel’ will rent out the apartment as a hotel room whenever the buyer’s apartment is available, the buyer agrees a schedule with the reception. For this service, the ‘Hotel’ will charge the owner 20% of the gross rental income. Those wishing to rent apartments in the hotel will be able to reserve online and owners of the apartments will be able to check the status of their apartment and confirm which periods it is occupied. It is estimated that the owners will receive a net income of 8-10% of the property price when taking up this managed rental system.
Property Management:
A first class property management service can be provided which includes management and maintenance of all documentation relating to the apartment, organisation of any maintenance required at the property, payment of expenses relating to the property to third-party suppliers: e.g.: bills for power and water supply, cable TV, Internet subscription, cleaning and the general maintenance of the apartment, organisation of the issue of any categorization papers, licenses and similar required by the law for the short-term or long-term rent of the property, filing and submission to the tax office of the annual tax statement and payment of tax due by the apartment owner for income relating to the rental of the apartment and other reception, key and registration services as required by Bulgarian law.
