Summary

• Great investment opportunity
• Located in Exclusive Borovets area
• Boutique style development
• Luxury leisure facilities
• Studios, 1, 2 and 3 bed
• Close to ski lift and golf course
• 24 hour security and reception

Chamkoria Apartments is a luxury ski complex located in the mountain resort of Borovets. The complex is designed as a mountain village and contains a mix of chalets and apartments designed in a traditional alpine style. Surrounded by beautiful pine forests and set in the exclusive Super Borovets zone, Chamkoria Apartments is just meters from the new mountain golf course and ski lift. Using the very best of European design and alpine styling each property has been designed to maximize the amazing views of the Rila Mountains. These Bulgarian apartments offer all the facilities you would expect of a modern luxury development. In additional to this, its location in the luxury zone of the Super Borovets project ensure it offers exceptional investment potential.

Chamkoria Apartments is a luxury development of 40 apartments located in the mountain resort of Borovets. It is part of the Chamkoria Chalets boutique development and is set in the exclusive Super Borovets area and just 250m from the new mountain golf course and ski lift. The complex has a spectacular location set in a secluded meadow and surrounded by age old pine trees. All the properties have magical views of pine forests and mountain peaks.

Chamkoria Apartments forms part of the overall Chamkoria Chalets complex. Chamkoria Chalets is a boutique village development set the Bialata Poliana area of Borovets. This location is set to become the most exclusive part of Borovets due to the Super Borovets plans.

The location of Chamkoria Chalets has 360 degree views of the surrounding countryside and mountains. The site layout has been carefully designed to ensure that all properties have amazing views.

From this magical location you can see the beautiful Rila peaks, the Borovets ski runs, Vitosha mountain, the Iskar reservoir and the Balkan mountains. The views from Chamkoria Chalets are amongst the best in Borovets.

The leisure facilities are located in the ground floor of the apartment block as are the reception, shop and cafe-bar.

Parking is located away from the common areas to ensure safety for young children.

The apartments are laid out over 6 floors and all apartments have beautiful views of forests or mountain peaks. The leisure facilities are located on the lower ground floor and the reception area and lobby on the ground floor.

There is a selection of 1, 2 and 3 bedroom apartments to choose from.

On the top two floors there are a number of exclusive duplex style penthouse apartments.

Chamkoria Apartments is set to become the premier apartment development in Borovets and here is why:

• Located in the Super Borovets luxury chalet zone
• 250m from Super Borovets ski lift and mountain golf course 
• Spectacular location with amazing views
• Two 18-hole golf courses are planned as part of Super Borovets
• On completion the complex will be marketed as a boutique hotel
• Full rental management and property maintenance service provided
• Indoor swimming pool
• Sauna
• Jacuzzi
• 24hr security and reception
• On site shop
• Cafe & Bar
• Ski Store
• Secure complex with parking
• Private shuttle bus
• Prices include VAT and the full value is declared on the title deeds.
• Up to 70% bank financing is available and is payable in stages

The Chamkoria Apartments are designed in a traditional alpine style using a stylish mix of stone, wood and glass to create a unique and beautiful building. Ever effort has been made to ensure that the building and complex is sympathetic to the surrounding area. The complex has been designed in the style of a mountain village so that it blends easily with the surrounding countryside.

BUILDING UPDATE

12th December 2008

All chalet roofs are now complete with tiles and guttering in place. The last few roof tiles are being placed on the apartment building at the moment and this will be finished in the next week. The windows have been ordered and the properties will be sealed for the winter season, allowing work to continue on the inside of the buildings over the next few months. It is good timing before the heavy snowfall which is expected soon!

The first phase of electrics and plumbing is well underway in the apartment building. This phase of work has already been completed on the chalets. You can really appreciate the wonderful views now from the individual apartments.

Super Borovets Project

The Bulgarian government has recently announced plans for a major expansion of Borovets that will turn it into a world class mountain resort. The project is called Super Borovets and its aim is to expand the current ski resort of Borovets and turn it into an all year round mountain resort. The project has been carefully planned to comply with ecological and strategic objectives and ensure protection for the beautiful forests and surrounding national park. The existing facilities will be improved and vastly expanded. Currently Borovets has 58 km of pistes. This will be extended by 100km creating a huge ski domain. Over 500 million Euros is to be invested and the project has been given a class A investor status by the Bulgarian government.

The majority shareholders in the project are Equest Balkan plc (a UK listed investment fund) and the State Fund of Oman. These high profile investors bring with them significant funding and excellent international experience managing large scale investment projects. No other resort in Bulgaria has so far had such a project or received such extensive investment. As a result, the Super Borovets project ensures that the Borovets area and Borovets property is a top place to invest in - probably one of the best places in the whole of Bulgaria. Borovets property prices are still relatively low but this area is set to boom in the coming years.

Map

Availability

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Visit

We, at GPS, are able to tailor viewing trips to suit your own needs and timescales in Borovets. If you would like to come to Borovets we would be more than happy to help with your travel arrangements. We can organise your entire visit, from the moment you arrive in Bulgaria until the moment you leave. All you need to do is book your flights, tell us what you want to do and we will organise everything else for you including:

- being met at the airport
- providing transport to and from Borovets if required
- arranging car hire if you would like to travel independently
- booking suitable accommodation for your group
- showing you around the developments and also around the Borovets area

Please contact us to discuss your requirements. Clients are responsible for the cost of travel.

Subject to availability and terms & conditions.

Financial

GPS Payment Terms For Chamkoria Apartments-

Reservation Fee: 3,000 Euro


Payment Schedule: (Standard)

30% - at Preliminary Contract
40% - at completion of roof level
30% - at completion of building and before notary transfer of title deed


Payment Schedule: (3% discount)

90% - at Preliminary Contract
10% - at completion of building and before notary transfer of title deed

Up to 70% mortgage finance is available on our properties. If you expect to use a Bulgarian mortgage then the payment plan can be adjusted to reflect the banks lending criteria.

Maintenance Fee: 9 Euro per sq m annually.