St Vlas Property for sale Bulgaria

Price:  € 233,800

Ref No: INT126356

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Property Information: Apartment - Penthouse for sale

contact us FOR AVAILABILITY & PRICE LISTcontact us FOR RESERVATION FORM‘Garden of Eden' will be a villa & apartment marina beach village beautifully situated just outside St Vlas, about 3 miles from Sunny Beach Bulgaria, on a south-facing shoreline. It is about 25 minutes' drive from Bourgas airport and about 90 minutes from Varna airport. The capital, Sofia, is about 5 hours drive away. Bourgas airport is served by large numbers of charter flights in the summer - 2004 represented an amazingly successful season (1.4 million visitors!). It is expected that Bourgas airport will open up to scheduled flights by 2006 as part of the preparations for EU entry.Garden of Eden is a firstline or frontline development (i.e. right on the beach) and faces south maximising both sea views and the position of the sun. As well as the ideal orientation, the geographical position of St Vlas provides very pure air.A small hotel and around 550 properties are being built in a Thracian style, with its red tiled roofs and deep eves. Utilising both local wood and stone, Garden of Eden marry modern design with the beauty of traditional building. The ‘garden' concept will be realised with extensive planting and landscaping.Using the gradient of the ground, a high proportion of the apartments, reached by footpaths and natural bridges, will have a sea view. Vehicles will use the underground car park and will have no access to the village area.A marina, where small craft can be moored, will be built in the water to enhance the exclusivity of the development.Four pools will be provided with a cascading stream through the village.On-site facilities will include shops, banking, tennis courts, fitness centre, saunas and beauty salon. And of course a number of bars and restaurants (including a fish restaurant built out over the sea) are planned.Construction is expected to start in March 2005 and completion is scheduled for the second half of 2006.The Apartments and Villas:Studio, one and two and three bedroom apartments, plus larger penthouses and some town-house villas are offered all with fully-fitted modern bathrooms. Almost all have either balconies or patios and most have sea views. Built to a high internal specification, they include air conditioning in bedrooms and living room as standard. Furnishing Packages will be available.Property Management: Eden Developments will provide on-site management in Garden of Eden to ensure the maintenance of high standards at a price expected to be fixed at Euro 600 per year, and there will be a rental management package to allow our customers to benefit from rental income. The rental service will also offer Bulgarian properties for sale and this will assist with the secondary market i.e. resales, as happy visitors to Garden of Eden may wish to purchase.Facilities and Features: - South facing beach front directly onto a sandy beach- The sloping site gives 85% of properties a stunning sea view- A small Marina will be created for boats up to 15m long- On-site underground car park- 3 Restaurants including a superior fish restaurant with local cuisine built out on the sea. Pizza/Pasta restaurant in 'Paradise'- Irish bar/Piano Bar (Heights of Eden)- 5 Pools, shower sprays, water cascades and stream, children's pool- Water fun features (Heights of Eden)- Tennis Court (Heights of Eden)- Fitness Centre, Sauna, Spa/Mud/Massage Treatment, beauty treatment (hair/nail bar)- Shops- No Vehicles except for electric buggies to get around the village and move luggage.- Wet Bar feature- Piazza with a coffee bar/restaurant in the middle- Water fountains, water drinking butts, statues- Flowers and gardens. Pergolas with vines- Business Centre (Heights of Eden)- Games zone, snooker/pool, table tennis, computer games (Heights of Eden) - Loungers, parasols, beach bar- Small (50 bed) Hotel at Heights of Eden which is the service centre and - through a beautiful tropical greenhouse dome atrium - is the point of entry for newcomers.- Sea-based activities - water-skiing, wind-surfing, sailing, motor boats, sea fishing trips, snorkelling, pedal boats- Balconies at least 1.8m wide so you can eat on the terrace- Properties will be pre-wired with satellite television and internet access- Wet-floor showersReservation: A reservation fee of £500.00 is required to hold your chosen property and must be forwarded together with the reservation form, obtainable via the link at the top of the page. This fee will be returned to you upon reciept of your inital 10% deposit.The payment structure is 10% deposit when contracts are signed, 20% payable when rough construction commences (March-July 2005 depending on the bulding), 20% payable when the roof goes on (July-December 2005) and the final 50% at completion - expected to be second half of June 2006.Timetable:September 2004: Pre-Launch at Excel Property Investor Show.November 2004: Planning consent granted26 January 2005: Launched at Bulgarian Embassy, LondonMarch 2005: Commence construction worksJuly-December 2006: Final completion. Enjoy!The Village of St Vlas:St Vlas village has about 3,000 inhabitants and is situated just 4 km to the north of Sunny Beach resort and 9 km away from the town of Nessebar. It lies in the skirts of the Stara Planina mountain and thus offers a beautiful combination of sea and mountain climate, and has long been considered by Bulgarians as particularly favourable for those with respiratory problems. The eastern end of the village's adjacent coastal line hosts a small port used by local fishermen.The village of St Vlas is believed to have been founded by the Thracian tribe of Larisi in the 2nd century BC. At that time, it reportedly bore the name of Larisa. It was renamed Sveti Vlas in the 14th century AC after the patron saint of cattle growers and merchants. During Ottoman rule (late 14th-19th century AC), the village appeared in administrative registrars as 'Manastir' ('Monastery') or 'Kyuchuk Manastir' after the five monasteries in the vicinity of the village. Unfortunately, none of the monasteries has been preserved up to present days. Officially, it restored its name of St. Vlas after the reunification of the Bulgarian state in 1886.There are a number of pubs and restaurants. Visitors can also take advantage of the various tourist facilities, including local food of Sunny Beach, which is just 5 minutes away by car. There is regular bus transport from Nessebar and Bourgas to St. Vlas, and plenty of private minibuses, and taxis. There is also water transport to and from Nessebar and Bourgas to Sunny Beach.Studios from Euro 486001 Bed rooms from Euro 82,0002 Bedrooms from Euro 113,0003 Bedrooms from Euro 127,000

Development Details
Situated in the St.Vlas area directly south facing this Seafront luxury development compromising 550 properties will be a 5 star resort with top quality materials and an extensive amount of amenities which include a 35 - 40 berth marina, 3 restaurants 5 pools, internet café, beauty centre, water based sports area and a host of other features that are in keeping with its 5 star status, 85% of all properties have sea views.

Build Schedule
Construction started in March 2005

Estimated completion due July 2006



PAYMENT TERMS
€2000 Reservation,

10% deposit on signing of preliminary contracts

20% when rough construction commences

20% when the roof goes on

50% on completion



Investment Information
This resort is the first of its kind in Bulgaria A joint UK -Bulgarian collaboration .When completed this complex will be the Premier resort in the St.Vlas area .On site will be a 5 star hotel which will mean all apartments will have to be maintained to such a standard. Garden of Eden represents the best investment opportunity in this area at the moment, meaning excellent rental yields (5star) and capital growth will be head and shoulders above the rest due to its exclusivity and sheer determination of the developers to raise the bar as to what is expected in an emerging market.

Taxation Information
Property is CGT free if held for more than 5 yrs if sold before 5 yrs CGT is levied at uk rates 40% minus annual allowance

Area Information: St Vlas

The development is located in a quiet, residential area in the outskirts of Paralimni.
Paralimni was built on the shores of a shallow lake, hence its name in Greek meaning 'settlement by the lake'. The area of Paralimni combines natural beauty with tourist attractions and one of them is the ancient city-state of Leukolla (today’s Protaras) dating back to 306 B.C. related with one of the successors of Alexander the Great. Paralimni is also famous for its rich red soil and picturesque windmills - used to draw water from underground aquifers to irrigate the surrounding land, but today they are left only as sights.
The project consist of 2 blocks: Block A containing 20 apartments, and Block B containing 11 town-houses with private gardens. Both blocks benefit from the use of the communal swimming pool and gardens. It is within walking distance to all major amenities, and few minutes drive to sandy beaches of Protaras. Ideal for permanent residence or retirement, or even holiday homebuyer who prefers not to be surrounded by the noisy resorts.

Covered Area:85,85m2
Uncovered Veranda: 5,3m2
Yard: 2,3m2
Completion: September 2008

Overseas Property for sale in Bulgaria Information

Country:	Bulgaria		Region:	Burgas (Black Sea)
Area:	Nessebar		Location:	St Vlas
Type:	New		Style:	Apartment - Penthouse
Size:	166 sq m		Bedrooms:	3
Garden:	Not Specified		Terrace:	Not Specified
Features:	Communal Pool, Parking: Underground, Aircon: Yes

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