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Ref. Number:	POM01BG008
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Property description

     The complex Penelope Palace - 4 stars offers to the future owners a unique combination of luxury, comfort and coziness in close proximity to the sunny beach of Pomorie. Fully developed infrastructure, next to the Sunset Resort.


     The modern architecture, the favorable climate and the traditional hospitality may become part of your unforgettable holiday in Penelope Palace at any time of the year. The complex consists of 131 luxury apartments, almost all with sea view. The building will be sold on the degree of completion "turn key". The luxurious complex with four starsPenelope Palace offers both elegant studios designed as small apartments for two persons and apartments with 1 and 2 bedrooms for those who appreciate comfort and luxury.

     Our clients will have an opportunity for individual choice in the interior design and the furnishing of the apartments. This service will be charged extra.

     The complex Penelope Palace offers:

• Outdoor swimming pool in front of the hotel with great sea view
• Restaurant with a summer garden and great panoramic sea view
• Reception and lobby bar
• Trade centre
• Underground parking
• Security service all over the year, 24 hours
• SPA centre
• Fitness centre
• Green areas
• Maintenance of the common parts

     Property management, renting services

     The price of a square meter is fixed from the beginning of the construction until June 2009 after that date it will be updated. The agreement for the maintenance provides payment of annual fee - 12 euros per sq.m. /VAT included/

     Payment plans

     To the future owners of apartments in complex Penelope Palace are offered several payment schemes, which are valid until 1.03.2009 year

     Plan 1

• 30 % on signing of the preliminary contract
• 30 % /on June 2009/
• 30 % /on February 2010/
• 10 % /when the title deed is formed/

     Plan 2

• 30 % on signing of the preliminary contract
• 20 % /on June 2009/
• 20 % /on February 2010/
• 30 % /when the title deed is formed/

     Plan 3

• 50 % on signing of the preliminary contract
• 50 % on completion of the rough construction /until June 2009/
• There will be 3% discount of the price if you choose this payment plan!

     Plan 4

• 100 % on signing of the preliminary contract
• The discount of the price will be 5 %!

     In order to help the customers, investor have provided a floating payment schedule, which includes 4 instalments evenly distributed in time. Only the first instalment is fixed - 30 percent of the price. The other three instalments are determined by the customer and the latest one should be paid on the same day of forming the title deed.

     It will be a discount on the purchasing of 3 /three/ or more apartments.

     One of the first 30 customers, reserved and signed a preliminary agreement for sale will participate in the raffle for a car Jaguar!!!

     Beginning of construction work: October 2008

     Date of completion: June 2010

     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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