Summary

• Completion Q3 2010
• Prime Beach location
• Close to golf courses
• Fully furnished
• Rooftop golf putting green
• Sea Views
• 150% capital growth expected in 5 years

GPS Dedicated River Park Website

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River Park - it exceeds expectations

River Park is a fantastic complex of 62 apartments situated in the heart of Kavarna Yacht Port, between the charming lush hills, a small romantic river and the sandy beach. The residence is ideally located, with its proximity to PGA golf courses, the city and international airport of Varna and right by the modern yacht port of Kavarna, less than 100m from the sea.

The main attraction of the development is the incredible "roof golf putting green" from where beginners and pros will be able to work on their putting skills while enjoying the most stunning views of sea and green hills.

The residence will also offer on site a shopping area of mini market and 6 boutique stores, fitness and spa facilities, large and children's swimming pool, and professionally arranged landscaping.

Key points of the Project

• River Park has a prime location - less than 100m from the beach, in the heart of the yacht port of Kavarna, 5 km to PGA golf courses, 15 km to Bachick, 45 minutes to Varna Airport.
• 4 260 sq-m of land.
• 62 luxury studio, one- and two-bedroom apartments
• Fully finished with high quality of materials
• Fully furnished with the luxury furniture package "ready to live" from UNIK Furniture Design
• Amazing "golf putting green" on the roof
• Large outdoor swimming pool
• Children's swimming pool
• Impressive sky bar overlooking the yacht port
• Billiard's room
• Mini market
• Six boutique stores
• Fitness and spa center
• Hair dresser's and manicure salon
• Ten years buiding guarantee
• Building license obtained
• Estimated completion date 30 June 2010

Why to buy in River Park?

• 150% capital growth expected for the next 5 years
• Inherent profit on purchase up to 35% from the market value
• Up to 45% under market value compared to projects in the same area
• 60% mortgage available
• Flexible payment plans available
• The first "roof putting green" in the area
• The first project with a shopping street
• High quality of finishing and fully furnished
• Resale and rental potential

Kavarna, the place of safe investment and best capital growth

• Part of a future golf area, with 3 PGA golf courses already under construction
• Less than 100 metres to the beach
• 45 minutes to the International airport
• New modern yacht port under construction
• Sea view apartments
• Walking distance to the restaurants and shops, open all year round
• Unique design of the residence, following the curves of the river
• 10 years building guarantee
• Leading property developer with full range of After-sales services
• EasyJet starts to operate from March 2008, with flights for as low as 39 Euro from London

GPS Dedicated River Park Website

N.B. GBP prices are for indicative purposes.  Properties are purchased in the currency of origin and therefore GBP value will fluctuate. Please use our currency converter for a current valuation.

Map

Availability

Due Diligence

Visit

Please, find below a detailed example of a program for individual or group inspection trips:

Meeting at the developer headquarters in Bulgaria for a professional presentation of the developments, with , architectural plans of the properties, paper and e-brochures , 3D and mini-models for the various types of properties and their different stages of construction that are available in the portfolio:
Off-plan
Under construction
Completed
Land investment

Determining the preference of the clients according to their criteria for:
Completion date
Type
Location
Budget
Visit of the site of the project
Visit of a Show Flat apartment to see the quality of finishing and furniture in one of the completed developments (optional)
Meeting at the office with a lawyer, accountant or mortgage advisor for further questions and clarifications of every aspect of the sale-purchase process and related procedures (optional)
Discussing furniture and finishing options with a designer (optional)
The program is applicable with variations as per the requirements of the potential buyers. In addition to that, we are flexible to offer special discounts and payment terms only at the time of the inspection trip plus a refund of flight and hotel accommodation expenses up to 500 Euro per 1 person per 1 purchase.

Please contact GPS to discuss your requirements in detail.

Financial

GPS Payment Terms For River Park-

A/ Standard payment plan with possibility for mortgage

1. 15% of the price of the apartment (VAT included) on the signing of the purchase contract. The contract will be drawn up within a maximum of 30 days after the reservation fee is paid.
2. 25% of the price of the apartment (VAT included) within 6 months after the signing of the purchase contract.
3. 60% of the price of the apartment within minimum 15 days before the signing of the Notary Deed.


B/ Payment plan with 2% discount

1. 40% of the price of the apartment (VAT included) on the signing of the purchase contract. The contract will be drawn up within a maximum of 30 days after the reservation fee is paid.
2. 20% of the price of the apartment (VAT included) within 6 months after the signing of the purchase contract.
3. 20% of the price of the apartment (VAT included) 12 months after the signing of the purchase contract.
4. 20% of the price of the apartment (VAT included) within minimum 15 days before the signing of the Notary Deed.


C/ Payment plan with 5% discount

1. 90 % of the price of the apartment (VAT included) on the signing of the purchase contract. The contract will be drawn up within a maximum of 30 days after the reservation fee is paid.
2. 10 % of the price of the apartment (VAT included) within minimum 15 days before the signing of the Notary Deed.