Sophia Gardens complex, Sozopol, Bulgaria

Position: Sophia Gardens by Britannia Investments is situated right above the magnificent Kavatcite Beach in the Budjaka district of Sozopol.

Sozopol town is located 30 km south of Burgas on the southern Bulgarian Black Sea Coast. Today the town is mostly a beach resort known for the Apollonia art and film festival named after one of Sozopol's ancient names.

Summary

Directly above the beautiful Kavacite Beach
A boutique development of 18 apartments and maisonettes
A development by Britannia Investments (UK developer)
2 attractive payment plans, with 5% discount available
Property management and letting
Kitchen included in price
Prices start at EUR 53,400 (GBP 36,081)

Facilities:

Swimming-pool
Parking
365-day security
Construction and Finishing:


Building materials used in the construction are the highest quality, suiting the local climate and complementing the beautiful site.

Traditional wood and stone exterior
Extensive terraces with wooden pergolas
Living room: Tiled floors
Kitchens (open-plan): Granite compound tiled floors, with tiled walls
Bedrooms: Laminate wood floors (Kronospan)
Bathrooms: Terracotta floors and tiled walls
Bathroom fittings: Vidima Ideal manufacturer, plus extractor fan
Terraces: Granite compound tiled floors, drainage, wooden parapet
Front doors: Wood internal doors: MDF
Windows: three-chamber PVC, with processed stone sills
Concrete and brick framework
Hydro- and thermal-insulation (60 mm Styrofoam)
Roof insulation: 100 mm wadding (Izover)
Cable TV connection
Broadband internet connection
Smoke alarms in all apartments, fire doors and other fire precautions

Furnishing:

The apartments at Sophia Gardens are sold with kitchen cabinets and appliances. Furniture packs are available from the developer at very reasonable prices. You can see pictures of the furniture pack in the Gallery on the left of this page. The furniture is produced from beautiful solid Bulgarian wood, not MDF. The appliances are upper-range Western European brands. A full furnishing service is provided including measurement, interior design, delivery and fitting. These furniture packs have been carefully designed to meet the requirements of the Tour Operators.

Payment Schedule

2 payment plans (with small deposit, or large deposit with 5% discount)

Schedule A Small deposit

Advance 30% (due within one month of reservation)
Roof and property transfer 0% (December 2008)
Completion 70% (May 2009)

Schedule B - Larger deposit, 5% discount on the price

Advance 50% (due within one month of reservation)
Roof and property transfer 0% (December 2008)
Completion 50% (May 2009)

Property management and letting

These properties have exceptional rental potential. We anticipate gross rental returns of about 6% p.a.

The developer - Britannia Investments

Britannia Investments is a British-owned company that builds holiday property investments in the Bulgarian beach and ski resorts. Customers can expect a professional and correct service from Britannia, which has experience in the Bulgarian property market since 2002.

So far, Britannia Investments has introduced over 60 million euros of investment into the Bulgarian market.

Britannia has a strong presence in Bulgaria, especially in the Black Sea Coast and in Bansko ski resort, where they have several developments with a total built-up area of 35,000 square meters completed, underway, or in preparation for release. These include The Balkans, Balkan Heights, Balkan Place, Valentina Heights and Boadicia Heights (all in Bansko), and Victoria Villas (Kosharitsa, Sunny Beach)

Britannia Investments places great faith in the merits of the Bulgarian investment avenue. In addition Britannia has acquired a land bank of 130,000 square meters that includes land in Bansko, Pamporovo ski resort, Golden Sands, and in Durankulak (by the Romanian border). A conservative valuation of this land bank is 12 million euros. Britannia also owns a portfolio of apartments in Bansko and Sozopol.

The company adheres to a philosophy that goes beyond making maximum profit in the short term. We care for Bulgaria , and to build with a quality and with natural materials that will be pleasing to the eye for generations to come. They favour low building density over the construction, stone and wood over Ytong and concrete. They prefer to sell at prices that are not the lowest in the market, but that are justified by the quality of our product to sure up your investment.

Buying at Sophia Gardens

We plan to ensure that buyers do not suffer the stress and frustration that can occur when buying from Bulgarian developers. So:

The Preliminary Contract is simpler and clearer and fairer that that presented by any other developer in the Bulgarian property market
Copies of all documentation and all permissions for the project will be presented immediately to buyers' lawyers, on demand.
A summary legal report, summarising the documentation for the project, is available to all buyers.
Payments will be made to the Bulgarian bank account of the developer - there is no dealing with off-shore bank accounts.
Prices include VAT, and the developer (Britannia Investments) pays this VAT.
Full prices will be stated on the Notarial Acts.

Reserving Apartments at Sophia Gardens

Clients may reserve specific apartments, meaning the developers will take it off the market for up to four weeks. The cost of the Reservation is GBP 1000 (approx. Euro 1,460), which is deducted from the purchase price. The reservation fee is non-refundable if you decide against buying.

Select an apartment from the Plans below
Send an Email to sunnybeach@balkanskichalet.com or call Balkan Ski Chalets on + 359 889 633 086 stating the apartment you are reserving
On receipt of your email or telephone call, we will reserve that apartment on your behalf and take it off the market. We will send an e-mail confirmation of your reservation. We will also contact you about the way forward.
Payment of GBP 1,000 (EUR 1,480) reservation payment immediately required by cheque/ online payment to UK bank account of developer.

More information about the complex along with pictures,floorplans and pricelist is available at our website here:

http://www.balkanskichalets.com/index.php?menu=property&id=130