Location: The complex is located in Stoykite, 5 km from Pamporovo, a plan for 14 new lifts in the area connecting Pamporovo, Chepelare and Stoykite

Date of completion: ready to move in

Service charge: 8.50 EUR per sq. m

Rental Guarantee: 6.0

Property description: Perelic Palace Complex is located between the resort of Pamporovo (7km) and the new Sports and Tourist Resort Perelik (3km) which is being built 5 km from the Lakes of Smolyan, in the vicinity of the holiday vilage Stoykite situated in the heart of the Rhodopi Mountain the home of Orpheus.

The complex is situated 1530m above the sea level offering a wonderful view to the highest peaks of the Rhodopi Mountain: Perelik 2191m; Kuzuyatak 2100m; Snezhanka 1926m and Orpheus 1826m., surrounded by beautiful pine trees and meadows.

Perelik Palace Complex consists of six 3-, 4- and 5-storeyed blocks connected with each other, forming a secluded green yard on several levels. The building is constructed in traditional Rhodopean style. The construction will include plastered walls, stone and wooden joinery, with thermal insulation of the whole building, windows with PVC joinery, natural wood color. The roof is tiled, with hydro-insulation

The building has two indoor and one open-plan lifts, underground parking lot for 20 cars and 16 parking places.

The total number of apartments is 168, ranging from 25 to 130 sq.m. living area.

The complex is designed and executed according to most contemporary technologies with materials meeting the European standards with respect to security and quality.

A complex of 160 apartments in Stoykite, 5km from Pamporovo.

14 new ski-lifts will be built in the area, connecting Chepelare, Pamporovo and Stoykite

All apartments have open-fire, fully fitted bathroom and kitchen, Telephone and Internet connection in each apartment and cable TV in each room.

The apartments will be completed as follows:

-Walls plastered

-Floors- high quality laminate

-Bathrooms high quality faience and tiles, sink, toilet, bath or shower cab (depending on clients wish), electric boiler, mirror

-Kitchen fitted kitchen unit , sink, electric hob, extraction fan, fridge. In the one and two bedroom apartments electric oven is included in the price

-Doors MDF, window frames PVC

The furniture is not included in the price. Depending on clients wish the developer can offer furniture pack at the price of 50 to 100 EUR/sq.m. depending on the size and the materials.

Facilities:

-restaurant for 200 visitors

-lobby bar

-shops

-games room

-wine cellar

-panoramic café-bar

-night club for 90 visitors

-sports centre with- swimming pool with childrens area, SPA center, jakuzzi, fitness center, sauna, steam bath, massage

-hair dresser and cosmetics

-kinder garden

-Health center (GP and dentist)

-Laundry and dry cleaning

-24h security system

-Access with cards to the different levels

-Indoor car-parking 25 vehicles

-Outdoor car-parking 25 vehicles

-Ski wardrobe





Additional services:

- Room service

- Supply with wood for the fireplace

- Transport services in the country

- Rentals: cars, motor sledges, quadrocycles, bikes

The complex ensures the security and peace of the owners and their visitors providing:

- 24-hour security

- Video security system

- Magnet cards access



Each owner shall pay annual fee to the amount of 7 Euro/sq.m. without VAT for the following services:



- Electricity in shared parts of the building and the yard

- All-year maintenance of the shared parts

- Maintenance of the vertical planning, snow cleaning

- All-year security

- Fire precaution system



Expected rental income for the first year:- 6-7%