Bulgaria property - Land with project for sale in Pamporovo |Russian
 
Land with project for sale in Pamporovo ID # 1563   
PRICE

1200000 EUR (1142857 GBP)

1. First instalment in size of 10% of the price, at equivalent of 120 000; VAT not included, payable at signing of Preliminary Contract for real estate sale, and delivering Layout visa for planning authenticated from Chepelare Municipality.

2. Second instalment in size of 80% of the price, at equivalent of 960 000; VAT not included, payable at purchasing the ownership rights and construction rights, transferred in the notary form stipulated by the Law.

3. Third – last instalment in size of 10% of the price, at equivalent of 120 000; VAT not included, payable at purchasing the Construction permit issued from Chepelare Municipality and approved working project of the building.
will be signed from both sides.

Location: Pamporovo, near to slopes

Built-up area: 5715 sq.m.

Service charge:

The perfect location just to the ski slopes and surrounded by magnificent pine-trees that offers peaceful atmosphere, makes the plot a superb choice for luxury and original project for SPA Hotel.



The project for the construction of SPA Hotel ***** is located on plot ¹ 80371.174.42 – 2 000 sq. m. and plot ¹ 80371.174.18 – 568 sq. m. It consists of 2 (two) sections with following extended buit-up area:

1. First section with extended built-up area - 4650 sq. m.

2. Second section with extended built-up area - 1065 sq. m.



TOTAL EXTENDED BUILT-UP AREA - 5715 sq. m.



The two sections are linked with a covered bridge over the road.



PRELIMINARY CALCULATION OF FUTURE PROFITS AND EXPENCES:

Expenses investor design and land price: 1 200 000 EUR

(VAT not included)

Construction cost at 300 ˆ per/ sq.m.: 1 714 500 EUR

(VAT not included)

Expenses for connections to:

Power supply, water supply, sewerage system 285 750 EUR

(VAT not included)

Total Expenses 3 200 250 EUR

(VAT not included)

Sales of residences 1300 ˆ/sq.m. for 5715 sq. m. .

extended built.up area . 7 429 500 EUR

(VAT not included)

Profit 4 229 250 EUR