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Ref. Number:	AL02BG007
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Property description

     Hills and Sea is modern first class complex located 5 km from Albena, 12 km from Golden Sands, 17 km from Varna and 20 km from Balchik. Perched on a beautiful green hill overlooking the Black Sea Hills and Sea Complex is nestled between vineyards, forest and small river further down. The area ( a natural reserve called Batova gora) is very picturesque and suitable for hiking, fishing, and hunting a big variety of game. The air is healthy and clear; summer starts in May and ends in October; the ecologically clean environment is an excellent prerequisite for a peaceful and healthy living.

     Hills and Sea Complex is located 25km. away from Varna Airport, a busy charter flight airport from March till November. The Complex's proximity to Albena Resort is a great advantage as you can enjoy there a marvelous stretch of beaches, calm and safe sea, clear water and healthy air, fine golden sand and natural dunes. A great variety of entertainment and amusement places are available in the resort.

     If you like to play golf, there is a great variety of golf courses to choose from. At five minutes on foot from Hills and Sea complex a golf course will be built by "Albena" LTD. over surface of 500 decares between Albena resort, General Kantardjievo village and Rogachevo village.

     Another three golf courses are at close proximity (15 min. away driving north) from Hills and Sea Complex

• Black Sea Rama Golf designed by the world-famous golf course designer and golf professional Garry Player (already opened for the season)
• Lighthouse Golf Resort designed by the British professional golf player Ian Woodsman
• Thracian Cliffs, which is under construction

     The modern-styled Hills and Sea Complex is perfectly located to combine the feel of coastal and peaceful lifestyle. It consists of four villa Mallina. Each comprises 3 studios, 8 one bedroom and 3 two bedroom apartments, and 2 incredible Penthouses. All apartments are finished in Mediterranean style and feature wonderful spacious terraces.

     Hills and Sea Complex offers the following amenities:

• Big swimming pool for adults, children's pool
• Fitness, sauna, Jacuzzi
• Table tennis, billiards, darts
• Cafe- aperitif with a big terrace
• Food store
• Barbecue
• Children's playground
• Free parking
• Transportation to the beach and resort complex Albena

     Villa Mallina 1 will be finished and ready to live by December 2009.

     Standard of finish

     Passage-ways

• floor – terracotta
• walls – latex /color at your choice/
• ceiling – latex
• armoured metal entrance door

     Living and dining room

• Floor – terracotta / laminate at choice
• walls – latex /color at your choice/
• ceiling – latex
• window frames – PVC
• door MDF

     Kitchen

• floor – terracotta
• walls – latex /color at your choice/
• ceiling - latex

     Bedrooms

• floor – laminated parquet /color at choice/
• walls – latex /color at your choice/
• ceiling – latex
• window frames – PVC
• door – MDF

     Bathroom and WC

• floor – terracotta
• shower battery
• sink
• boiler
• WC – monoblock
• door - MDF

     Electrical installation

• switches, wall-plugs, light fixtures

     Balconies

• flooring – granite-grease
• railings – according to the architectural project

     Facade

• heat insulation - 5 cm
• Mineral plaster

     Furnishing

     Complete furnishing of the apartments is possible according to the clients' needs. There are two options at the clients' disposal – category A and B, and the package price includes furniture, textiles and electrical appliances, as well as complete set of tableware.

     Maintenance Fee:

     8 Euro per sq.m. of the living area per year covering maintenance of:

• the garden and the outdoor areas of the residence
• the swimming pool, the sauna, the Jacuzzi, the children playground
• the common parts of the buildings, including electricity bills
• and also 24/7 security and videosurveillance of the residence all year round

     Payment plan

• 1000 euro - reservation fee
• Please note that all prices include VAT
• Reservation fee is deducted from the last payment of the property

     Standard payment terms:

• 30 % of the price of the apartment (VAT included) at the signing of the private purchase contract, which will be drawn up within a maximum of 15 days from the reservation
• 30% of the price of the apartment (VAT included) on completion of the floor, where the apartment is disposed, to rough building
• 20% of the price of the apartment (VAT included) on completion of the roof (Act 14)
• 20% of the price of the apartment (VAT included) on the signing of the title deed and handing over the keys of the apartment (less the reservation fee)

     Fast payment terms - DISCOUNT: 5 % from the total price

• 70% 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 15 days after the reservation fee is paid
• 30% of the price of the apartment (VAT included) at ) within minimum 15 days before the signing of the Notary Deed (less the reservation fee)

     Investor payment terms - DISCOUNT: 8 % from the total price

• 90% of the price of the apartment (VAT included) at the signing of the private purchase contract, which will be drawn up within a maximum of 15 days from the reservation
• 10% of the price of the apartment (VAT included) at ) within minimum 15 days before the signing of the Notary Deed (less the reservation fee)

     Special mortgage payment terms - + 5 % from the total price

• 40% of the price of the apartment (VAT included) at the signing of the private purchase contract, which will be drawn up within a maximum of 15 days from the reservation
• 60% of the price of the apartment (VAT included) within minimum 15 days before the signing of the Notary Deed (less the reservation fee)

     Prices increase with 10% at start of construction.

     Distribution
          Availability and prices here

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Useful information HOW TO RESERVE?      You can reserve this property through us by transferring 500 Euro (or 1000 depending on the property) to our bank account. We will immediately pay the sum to the seller and we will take the property off the market. This amount will be deducted from the purchase price of the property when a Preliminary Purchase Agreement is signed with the seller and deposit is paid. HOW TO BUY FROM A DISTANCE Bulgarian Property?      You can now buy property in Bulgaria without having to travel the distance to Bulgaria using our unique service "BUY FROM A DISTANCE!" To find out more, please click here. VIEWING TRIPS:      Bulgarian Property Ltd. can arrange a viewing trip to this Bulgarian property. Please contact us by e-mail or telephone for further arrangements.
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