Properties

 
One of the remarkable new resort sites is the luxury tourist complex “VIHREN”. The complex has been divided into two areas – a hotel area: a 4-star hotel “VIHREN PALACE” and a residential area with apartments: “VIHREN RESIDENCE”.

To ensure the comfortable and enjoyable stay of the guests, besides the luxury rooms, in the hotel “VihrenPalace” have been built a bowling and billiards hall, a SPA center, including a swimming pool, saunas and a steam-bath, massage and beauty parlours, a gym and a hairdresser, as well as restaurants, a lobby bar, a night bar, shops, an underground car park, and a ski locker.

Studio Apartments start from € 23,500 for a c.21 Sq M (c.226 Sq Ft).
One Bedroom Apartments start from € 65,500 for a c.54 Sq M (c.581 Sq Ft). Two Bedroom Apartments start from € 128,000 for a c.97 Sq M (c.1044 Sq Ft).
The combination of the hotel and apartments (Apart-Hotel) has been conceived to be beneficial to the apartment owners and rental clients. The combination provides an alternative choice for people who want access to a wide range of good quality facilities (which could not be maintained by an apartment building alone), with the freedom of not staying in a hotel. The full range of the Hotel’s facilities and services including room and laundry services will be available to occupiers of the apartments (for an annual fee or at a discounted rate).
The main power of attraction for investors involves their ability to sign contracts with the hotel in order to sublet the bought apartments at hotel rates. For this purpose will be implemented a special management programme with different variants for rent. Apartments’ owners will have the opportunity to use all services of the 4-star hotel “Vihren Palace” at special rates. Further attractions are the location of the “Vihren Residence” complex, situated right next to the cabin-lift station (gondola), and the wonderful view of the mountain from all apartments.

There is an increasing interest in the investment in this area also because of the fact that Bulgaria is a candidate for the winter Olympic Games in 2014. Besides, the positive trend in the expansion of foreign capitals is due to the full NATO membership of Bulgaria since April 2004, as well as the forthcoming membership of the European Union in 2007. All this is a guarantee for a continuous and good investment turnover.