| Development Location and Investment Opportunity Iskur 8 storied development is located in a quiet and very communicative region, right next to top center of Sofia, the capital of Bulgaria. The complex combines modern clean design with high standards of execution and building works, as well as functionality and cosiness. Its attractive location makes it very convenient for living, as well as for investment purposes. Iskur development apartments offer excellent prospects for capital growth and rental return. This is a true window of opportunity for those with vision that have identified Bulgaria as a country where property will show extra-ordinary capital growth in the build-up after the EU accession.
Iskar development – Purchase Procedure - Reservation fee - € 2,000.00 - Once your apartment has been reserved, a contract will be sent to you - You will be required to exchange contracts within 28 days of receipt of the contract - In order to exchange contracts, a deposit of 25% of purchase price will be required - On completion of foundation works a further payment of 30% of purchase price will be due (approx. September 2008) - On completion of the roof construction a further payment of 35% of purchase price will be due (approx. February 2009) - On completion of the building a further payment of 10% of purchase price will be due (approx. May 2010) - We can recommend solicitors that are based in Bulgaria and have an international presence. It would be advantageous to use these solicitors as they are familiar with the contract.
Specifications – Fully finished - Internal ceilings and walls – plastered and latex painted - Floors – laminated parquet, terracotta tiles - Blue pottery to bathrooms, fitted sanitary appliances - Fitted electric installation - Fitted telephone installation - TV aerial point to living room and master bedroom - Central heating system, fitted aluminum radiators - PVC window frames - MDF internal doors - Solid front door - Luxurious common areas
On-site facilities - 2 levels underground car park - SPA center - Fitness - Shops & offices - Restaurant - 24 hours security - Maintenance from the developer |