Prime location studio (only few at this price) on a luxury apartment complex located in the centre of the old ski resort 50 meters from gondola station, walking distance to all amenities (restaurants shops, night clubs). Superb facilities on site: bowling, spa, indoor swimming pool , etc.
An exceptional quality investment opportunity in the region is on offer at present.
Luxury Iceberg Apartment Complex is located in the very heart of the oldest ski resort – Borovets less than 50 meters in front of the existing gondola station. Due to its unique position it would always be in demand to let or re-sell. This complex will give you a cozy and comfortable home and the unique opportunity to enjoy a winter/summer getaway with a breathtaking view at the surrounding nature. No doubt Iceberg complex is the best situated property in Borovets if you are looking for a prime location!
Borovets will remain at the centre of the resort and construction will not be allowed in future, which increases the significance of this project in terms of capital appreciation.
Rocketing property values due to Super Borovets ensure that this is an exceptional investment in terms of returns.
Completion: Autumn 2008
Prices:
Studio start from Euro 52,934 from 30.15 m sq (approx GBP 37,277)
1 bedroom apartment starts from Euros 137,938 size 64.70 msq (approx. GBP 97,139)
2 bed apartment starts from Euros 242,326 from 101.70 msq (approx. GBP 170,600)
Investment justification for investing in Borovets:
• Easy access. The closest ski-resort to Sofia
- 50 km from the capital city Sofia by a newly built motorway road
- 50 min drive from Sofia International Airport, which is currently under expansion with a brand new terminal scheduled to open in April 2007.
- 90 mins drive from Bulgaria's second largest city of Plovdiv and Plovdiv International Airport.
• Popular place to spend a weekend or summer holiday for people who live in Sofia. You will not be just targeting the foreign rental market, but local as well, although rental will be lower.
• The oldest ski resort, the snow stays longer than on other resorts in Bulgaria as it is located at the highest point in the mountains, hence longer renting season in winter!
• Limited construction – Borovets ski resort is reservation area and a National Park. It guarantees that it will not be overbuilt like Bansko, which in return means no oversupply of properties in future, i.e. good rental returns.
• Major point – serious investment is on the way in Borovets area called “Super-Borovets” (2007-2012), which means improvement in the infrastructure, 5 star hotels in the surrounding area (not Borovets itself). All this will drive the capital appreciation at a very high rate as they are not even near the prices in Bansko
• 15 minute drive from internationally designer golf course - New Jack Nicklaus Golf Resort in Dolna Banya
• Low cost airlines are flying to Sofia regular and this trend is on increase, which is good news for holidays makes as well as the investors! Many airlines fly to Sofia to name a few: British Airlines, Lufthansa, CSA Airlines, Bulgaria Air etc. Easy Jet started flights to Sofia from London (Gatwick).
Future flights to Plovdiv will open the options to access Borovets from another airport.
Facilities will include:
• indoor swimming pool
• sauna and aroma sauna
• Turkish bath
• Russian bath
• steam bath
• temperature-contrast pool
• whirlpool bath
• Jacuzzi
• hot tub
• Vichy bath
• pearl tub
• tanning beds
• cosmetics parlor with wide range of health and
• beauty treatments
• physiotherapy section
• fitness center
• two medical massage parlors
• doctor’s office
In addition:
• Four Shops
• Lobby and Coffee Bar
• Restaurant with Bulgarian and International food
• Active nightlife in modern design Discotheque
• Piano bar
• Bowling
Investment in Borovets region
The project "Super Borovets" has been recently approved by the local Municipality, which in conjunction with the major national businesses are investing heavily in to the region. Additional lifts are on the way, 5 start hotels will be built in the area in the next 3 - 5 years.
the new luxury five star development in the heart of famous Bulgarian mountain resort Borovets. We are happy to present you a first-class apartment complex in a ski resort that has it all. "Iceberg" - the ideal combination of wonderful location, impressive design and luxury leisure, 360 degree panoramic view.
What is Super Borovets is about
The project will aim to offer diverse attractions to the tourists, including not only the natural resources, but also the historical and cultural monuments and places of interest.
The region of Borovets will become a year-round resort with modern technical facilities, high tech information centre for tourists and a good transportation infrastructure. Special attention will be paid to hill walkers, extreme sports enthusiasts, horse riding trails, the development of ecotourism, as well as hunting and fishing.
New Gondola Station and improved snowboard runs - when completed the mega resort will offer ski pistes with a total length of more than 80 km.
The new Gondola will also connect this part of the resort to the other pistes, Sokolets – Ivanov Kamuk – Marakudjitsite.
Brand new golf course built at the foothills of the Rila Mountains with spectacular views over the snow capped peaks.
An enclave of exclusive luxury 5 star apartment and hotels will be built in the mountains.
The new project is expected to give work to 10 000 people, who will be employed in the hotels, the maintenance of the equipment and the ski schools for sport and tourism.
When does the Project start?
The ‘Super Borovets’ project is to be split two stages, the first of which is scheduled to be commenced in October 2007. The official opening ceremony with all the government officials including the Bulgarian President and the major investors is held on October 8th 2007.
The construction of the first gondola lift at the low station of Super Borovts has already started. It will link the lower part of the resort with the ski-runs in the area of Markudjitsite. The construction process will take 12 months. The 9.2 – kilometer - long gondola lift is expected to be completed before the beginning of next ski season. It will be transporting 2500 tourists per hour at a speed of 6m/sec.
The Super Borovets Project will be implemented in two phases. It is expected to be completed in the year 2012.The construction costs are estimated at approximately 566 million EURO. All the obligatory permits for the first phase have already been obtained.
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