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2 bed apartments Seven Lakes - Borovets a secure gated development private individual plots [ SOLD ]

 Region: Borovets Ski Resort

 Price: EUR € 166 800

 Bedrooms: 2

 Property Type: Villa

 Development State: Off Plan

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Features: Garden, Pool, Parking
Description:
Seven Lakes is a secure gated development of 73 two and three bedroom detached houses, each of which are set within private individual plots of approximately 719 square meters and build sizes of either 139 square meters or 178 square meters respectively. Divided into seven individually gated phases over an area of 60,000 square meters of land, the houses are designed in an Alpine-style with prudent attention to detail and respect for the environment, incorporating modern technological facilities with wood and stone materials sourced locally and with each house enjoying a private garden.

From £166,800 up to £245,690

Why Seven Lakes?

• The Seven Lakes project is being offered to clients at an average 13% below current market value, presenting immediate profit earnings.
• A CarbonNeutral project offers buyers the opportunity to be part of an environmentally friendly programme leading to healthy living, harmony with the environment and added value to the end product.
• Situated on the outskirts of Dolna Banya, a world renowned region for healthy living due to its unpolluted atmosphere, the high ionization levels, natural pools of warm mineral water and its location at high altitude.
• The area surrounding Borovets has the best transport links of all the Bulgarian ski resorts and Seven Lakes is strategically located only 15 minutes to the Borovets ski resort and 45 minutes to the capital city Sofia and its international airport, soon to be reduced to 30 minutes upon completion of the new motorway.
• Significant investment into the region, particularly into Borovets via the Super Borovets project, a €400 million plan to extend the current resort and surrounding area of Borovets, will see a substantial increase in visitor numbers to the region.
• The area surrounding Borovets offers a year round season for rentals as it is the most well-known ski resort in the Balkans and a popular summer weekend break destination for Sofia residents and nature enthusiast.
• Rental yields of 7.23% are expected for the Seven Lakes properties.
• Huge investment is being made on the outskirts of Dolna Banya within close proximity to the Seven Lakes project; the outstanding Golf Club and Spa complex will be the first golf course in Eastern Europe to meet with exacting PGA standards and is due for completion in 2008, and the impressive Spa project expected to attract substantial visitors from around Europe will be situated only 200 meters from the Seven Lakes development.
• Pre-negotiated 70% mortgage option in place
• Up to 36% capital appreciation has been recorded in Bulgaria’s tourist areas on the coast and primarily in the mountainous ski regions.
• The property market has achieved incredible growth rates and Liam Bailey, head of Knight Frank’s residential research describes Bulgaria as “one of the big winners” in capital growth since 2000.
• Tourism figures have been rising rapidly since the country’s accession to the European Union, with a 50% increase in visitor numbers between 2000 and 2004 (National Statistics Institute).
• The World Tourism Organisation predicts annual tourism figures to be above 20 million by 2010, describing the country as one of the most appealing new faces in the tourism industry today.
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