Immaculate fully furnished 1 bed apartment on the second floor (third level) ready to move in or let on Flora 1 complex. The apartment offers views over the resort. Conveniently located in the heart of the established ski resort – 50 m to the existing gondola station, across the road to the slopes and pistes and chair lifts, not to mention restaurants and shops galore on your door step!
Furniture includes sofa bed, an armchair to comfortably sleep 4, beddings, cutlery and crockery, TV , etc. Inventory is available on request. True turn key property!
Unique central location ensures high demand for rentals and excellent capital appreciation and re-saleability! Due to the limited construction in Borovets ski resort and the old part in particular such apartments will always be highly sought after.
Flora Complex is located in the very heart of the oldest ski resort – Borovets behind Flora Hotel and Apartments and will complete Flora Complex. This is the only project that is located in the very centre of the resort and would always be in demand to let. This is a rare and unique opportunity to buy where the elite of Bulgarian society purchases property.
Flora Residence will be added to the existing hotel Flora and Flora Apartment house (4 star), which are occupied throughout the year. The existing hotel and apartments complex will offers the following facilities:
• Restaurant offering traditional Bulgarian and international cuisine
• Lobby Bar and Irish Pub
• Fitness Centre
• Jacuzzi, sauna and solarium
• Indoor swimming pool
• Darts, chess and games room
• Skis and ski boots storage room
• Shops
• Laundry
• Underground car park
• Secured outdoor car park
• Garden Barbeque facilities
• Fishing pond with trout is within a short walking distance from the hotel
• 24 hours security service throughout the year
The management of the hotel has applied for the casino license which will be in place by the completion of Flora Residence and will be located in Flora Apartments house. It has also been indicated to add the bowling alley to the existing facilities of the complex; the date is to be confirmed.
Built by one of the most reputable and largest construction companies in the Bulgaria and now major shareholder of “Super Borovets” multi million project to improve the infrastructure of the area - this complex will give you assurance of good quality construction.
Local Activities
Plenty of things to do in winter! Skiing is the major attraction of course. You can enjoy horse riding (there is a horse riding school in the resort), country walks. Borovets resort is located at the highest point in the mountains compared to Bansko and Pamporovo, which means that the snow stays longer there than at lower levels!
The resort is extremely popular in summer as well as in winter. It is the closest ski resort to Sofia (capital of Bulgaria) and very popular weekend break destination for Bulgarians who enjoy fishing, walking, cycling, gathering mushrooms. The air is crystal clear throughout the year! It is a national park of Bulgaria, which is a paradise for eco-tourists!
The reasons why you should consider investing in Borovets:
One of the most ambitious projects to be undertaken in Bulgaria in recent years, the concept behind the ‘Super Borovets’ project is to expand the current resort of Borovets and turn it into an all year round holiday destination.
The existing facilities will be improved and vastly expanded along with infrastructure and 566 million Euros is expected to be invested. The project has the full backing of the Bulgarian Government and is financed by UK investment fund Equest Investment Bulgaria Ltd (EIB) and the State Fund of Oman together with Glavbolgarstroy and Samakov Municipality.
Super Borovets project provides for the construction of additional 36 km of ski pistes (which will total 78km in total as an addition to the existing infrastructure), new ski lifts, 15 000 bed facilities, and shopping centres.
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
• 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.
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.
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