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Villas for sale in a Country Golf Club near Borovets and Sofia, Bulgaria
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Ref No: 296
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Reference number: 296
Last Updated: 11th April 2006
Town: Dolna Banya
Type: House
Living area: from 150 to 300 sq.m
Price: from 120 000 euro
Interest: skiing, golf, mountain, spa and health
Number of apartments in complex: 10
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Property Details:


The Country Golf Club is situated at the foothills of Mount Rila - the highest mountain on the Balkan Peninsula. It is 18 km from Borovets - the first Bulgarian skiing resort founded at the beginning of the 20th century; 70 km from the Bulgarian capital Sofia and 80 km from Plovdiv - the second largest Bulgarian city founded in ancient times by Philip of Macedonia - father of Alexander the Great.

The First digging ceremony for this property was performed on the 27-th of September 2005b by the Governor of Sofia region Mr. Emil Ivanov and the Mayor of Dolna Bania Mr. Todor Ivanov. The ceremony was honored by the presence of the members of the Parliament Mr. Mladen Cherveniakov (former minister of justice) and Mr. Oleg Popov, the President of the State agency for the development of new technologies Mr. Plamen Vachkov, the Commercial counselor of the British Embassy Mrs. Christine Mc Neal, the mayors of Ihtiman, Kostenets and Gorna Malina, all municipal counselors and business partners. Mr. Mladen Cherveniakov and Mrs. Christine Mc Neal placed the pin of the green of the 18 hole and of the tee of the 1 hole. From the 1-st October 2005 starts sales of the villas of the first stage and fifteen first line villas.

Real Estate Property Acquisition:

Villas – 150 to 300 m2 build-up area with the adjacent land of 800 to 2 000 m2
Turn Key – 12 to 18 months from closing the contract

Optional:
Garage, Spa, Swimming pool, Jacuzzi, BBQ, Furniture, other household appliances

Pricing:

Golf and Mountain View – starting from 120 000 euro
First Line Golf - starting from 200 000 euro

Payment Terms:

Reservation fee – 2 000 euro
Reservation option – 30 days
The fee is discountable from the first installment agreed, upon signing of the contract.

Availability and Prices:
Please have a look under Related Property files for details.

Payment Plan 1

10% - Upon contract closing (signing)
40% - Ground level completion
50% - Turn key (Title deed)

Payment Plan 2

15% - Upon contract closing (signing)
20% - Ground level completion
15% - Level one completion
50% - Turn key (Title deed)

10% DISCOUNT on 100% advanced payment

Expected future benefits:
Capitalizing on current income – The expected rental income may reach 5 - 6 000 Euro / p.a. Property management will be available through the developers.
Capital profit – Upon the completion of the project the property prices are expected to reach up to 300 000 Euro.

MEMBERSHIP

General Conditions
Each property owner and his family can become a Golf Club members without admission fee.

All property owners will have a Country Club membership.

Country Club Membership – ˆ 1 600 euro / p.a., comprises:
Infrastructure support and maintenance
Security
Cable TV (Broad band Internet access)
For the members and their guests
Spa center (three baths and swimming pools)
Tennis courts, football, volleyball and basketball fields
Playing golf, according the General rules and acting services list of the Golf Club
Bookings of tee time – up to 15 days

Golf Club Membership – 2 000 euro / p.a., comprises:
All the services available to Country Club members
PLUS
For the owners and their families –
Use of the Golf Course and Practice
Golf stick trolleys
50% discount for the golf school and buggy
Bookings of tee time – up to 30 days
For their guests–
50% discount on the Green Fee

The above annual membership fees will be applicable starting 2008, when the facility is expected to be fully operational.

Until then a uniform membership fee of 600 euro will be applied.

Internal Regulation and Rules of Membership of the Country Golf Club and Spa:

Only the property owners and their families are members of Country and Golf Clubs.

Members are using the golf course facilities pursuant to the general conditions of membership.

The members are entitled to invite guests to the Club House and use all available facilities and services pursuant to the general conditions of membership and check in their guests at the Club Hotel.

The Club Hotel may be used solely by club members and their guests.

Members are obligated to maintain their properties to an club adequate standard.

Club members are entitled to rent their properties directly or through the Club. Tenants will have the status of guests of the owners, if the property is rented directly by the owner. In this case the respective members shall be responsible for them. If tenants have signed rental agreements with the Club such tenants shall be the responsibility of the Club.

The Club provides external property and compound security services included in the membership fee. Individualized indoor security systems – optional, on respective member request.

The territory of the Club is Weapons and Bodyguards (even not armed) free area.

Farming and animal rearing on the premises is not allowed.

The speed limit within the compound is 30 km/h.

From 13:00 to 17:00 hours and after 21:00 hours no excessive noise on the premises shall be allowed without the express consent of the neighbors and the Club management.

Rules of membership may be modified and supplemented as project works progress.

HOW TO RESERVE AN APARTMENT?
You can reserve this property through us for two weeks by transferring 2000 euro to our bank account. We will immediately pay the sum to the seller and he will take the property off the market. This amount will be deducted from the purchase price of the property when a Preliminary Purchase Agreement is signed with the seller.

HOW TO BUY FROM A DISTANCE Bulgarian Property?
You can now buy property in Bulgaria without having to travel the distance to Bulgaria using our unique service "BUY FROM A DISTANCE!" To find out more, please click here.

VIEWING TRIPS:
Biodar can arrange a viewing trip to this Bulgarian property at your convenience. Please contact us by e-mail or telephone for further arrangements.


Updated Property Pictures:

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Ref No: 296

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