ID: 216 | Apartment in Sofia

Mount View - an elite development with great potential for investment

Mount View Sofia is a truly elite development of luxury apartments, combining the most up-to-date construction technologies with a multitude of services and equipment to offer Sofia’s most exciting investment opportunity.

The developer of Mount View Sofia has strived to create a truly international standard of style and finish, by sourcing design experts from the UK and incorporating years of experience into the architecture and landscaping. This can be seen by the high specification of finishing and technology proof living for the future. All the apartment prices are Inclusive of 20% VAT with the full value declared on the Notary Deed.

The main partner in co - financing the project is Salamanca Capital UK. Salamanca specialises in the funding of developments across all property sectors, including joint venturing with developers, where appropriate.

Mount View development is ideally positioned for year round rentals from both the expanding market as well as the professional domestic market.

» Strategic location to Business park - 5 minutes drive
» Excellent access to Central Sofia for 10 minutes drive
» Vitosha Ski Field gondola is 7 minutes away
» Easy access to the air-port for 7 minutes
» Close to Sofia Zoo and Hunter Park

At the heart of the Mount View concept is the sound rental potential that forms its foundation and the development is ideally positioned for all year round rentals from both the expanding market as well as the professional domestic market.

Considerable rental uptake is anticipated from the nearby Sofia Business Park as spacious accommodation of this quality on long term leases is currently at a premium. With such demand for high-end and technologically proof properties this will place clients in the best possible position to maximise returns.

1-bedroom apartments start from 120 177 Euros, 2-bedroom – from 153 050 Euros, penthouses – from 142 039 Euros.

Payment Plan :

Payment terms are designed to attract investors with just 35% deposit and balance due upon completion.

1500 Euros non refundable reservation fee, deductible from deposit

35% on signing of preliminary contract (within 28 days of reserving)

65% on completion (expected June 2008)

This payment structure allows the buyer of the property to apply for a loan for the last instalment of 65%. Most of the banks that grant loans to foreign citizens for buying property in Bulgaria require Certificate of Use, which guarantees the entire completion of the Complex and putting it into operation.

Maintenance:

Maintenance Services will be provided for 8 Euros per sq m and will cover 24 hours security, maintenance of the building, incl. electricity and water systems and roof, cleaning public areas, gardening, payrolls of staff.