Vidin Suites - Bulgaria

Country: Bulgaria
Location: Vidin
Type: Apartment
Size:
Prices from: 47,000 Euros
Price details: Unbelievable price of just 395 EUR/sq.m. Similar property in Sofia would cost minimum 1000 EUR/sq.m.
Reservation fee: None
Description: Behind the Vidin Suites complex’s discreet façade is a quality living space on five residential floors, and two service floors. The property, which is yet to be built, will satisfy the owners with quality construction and tasteful completion of the common parts. The development company is highly reputable, with more than twelve years of experience on the local market and many completed buildings in Vidin and around, including Danubia Lodge, which sold very quickly.


Vidin Suites is set in proximity to one of the main boulevards in town which ensures easy and fast access to the centre, with many places for shopping and fine dining and clubs. It's 5 mins drive from the historic district in town where the famous Baba Vida Fortress is located, along with many other historical monuments.


Completion Schedule

• The foundations of the building are being constructed at the moment. Construction webcam will be installed on the site soon.
• All apartments will be completed by 31 December 2009.


Why invest in Vidin Suites?

It is a smart way to participate on the dynamic property market in Bulgaria ... Wise decision that will bring you great return... Simply a great investment... Read why:

• The right type of property: Vidin Suites is a fine example of a town property, where the demand from local buyers is high and constant. The residential property market in the towns of Bulgaria is strong, liquid and profitable for the smart investors. The positive economic trend in Bulgaria continues, the unemployment decreases, people get wealthy. The demand for high quality newly built residential properties in the regional towns of Bulgaria grows, because people are leaving their old dwellings at pannel blocks and upgrading to new modern homes, as they can afford it. The access to mortgages has never been easier in Bulgaria. During the last 12 months the prices at the towns and cities of Bulgaria continue to grow with approx. 25 % per year. New residential properties in Vidin have great potential to continue growing.

• Unbelievable price of just 395 EUR/sq.m. Similar property in Sofia (the capital of Bulgaria) would cost minimum 1000 EUR/sq.m. Follow the most important advice for successful property investment: "Always look for low price and high quality". Your investment will appreciate greatly.

• Exclusive building: Modern, special and remarkable. Vidin Suites will be one of the very few luxury residential buildings in the town of Vidin, that will present luxury living atmosphere and prestigious character.

• Reputable developer: One of the most experienced developers in Vidin. Significant number of completed residential and commercial developments in the whole region. Known locally for high quality, meeting deadlines and keeping the promises.

• Great residential location: Close to the city centre (just 5 minutes drive), quiet area and close to renowned schools and local amenities.

• Great rental returns: Suitable for long-term luxury lets, these apartments meet the requirements of tenants looking for a high-specification property rental. Your apartment will earn good money, until you decide to re-sell.

• Full set of property management services: Vidin Suites will benefit from all maintenance, management and letting services provided by a dedicated team of local professionals.



Standard Payment Plan

- 5 % reservation deposit, non-refundable

- 35 % first installment payable at signing the Preliminary Contract (maximum 30 days after reservation)

- 30 % second installment due when the complex reaches third floor (approx. in September 2008)

- 20 % third installment due when the complex reaches shell stage (approx. in December 2008)

- 10 % fourth installment due when the complex is completely finished and Act 15 had been issued (approx. in October 2009)


Deferred Payment Plan with 7 % increase on the price

- 5 % reservation deposit, non-refundable

- 5 % first installment payable at signing the Preliminary Contract (maximum 30 days after reservation)

- 90 % second installment on shell stage (approx. in December 2008)



Example of apartment for sale -

Apartment # 3, (with Cellar # 1), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 76.23 sq.m (net area + common parts), Price 30 111 Euro (Bulgarian Standard); 41 545 Euro (Finished unfurnished); 47 845 Euro (Fully furnished); with Cellar # 1 priced 1500 Euro





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Vidin Suites
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