Borovets Gardens 2 - residences in the 2nd phase of the complex. Starting promo prices!

We have officially started the sale of apartments in the new phase of Borovets Gardens-2 residential complex, located at the entrance of Borovets mountain resort. Borovets is one of the oldest Bulgarian resorts, founded more than 120 years ago by the name Chamkoria. It became a favorite place for relaxation of the royal family and the Bulgarian aristocracy from the beginning of the 20th century. A modern ski area of 12 lifts and 35 ski runs, with a total length of 58 km turns Borovets into a world-famous ski resort, attracting winter sports lovers and mountaineers from all over the world. The ski base of the resort is located 1300 m above sea level and its highest ski point is 2560 m. The proximity to Sofia (55 km) makes Borovets a favorite place for rest and entertainment for the citizens of Sofia. Easily accessible, in less than an hour by car, the resort attracts guests and tourists all year round, as the summer season is as active as the winter one.

The first station of the gondola lift and the ideal center of Borovets are situated only 700 m away (10 minutes walking distance) from the complex.

The construction of the second phase of the emblematic residential complex "Borovets Gardens" has been started in May 2019. Completion is scheduled for the end of 2020. Our corporate real estate group received the exclusive master agent rights for marketing and selling the apartments in the new 3 sections of the complex. We offer apartments DIRECT FROM THE DEVELOPER and with NO COMMISSION FROM THE BUYER.

A total of 186 apartments (studios, 1-bedroom apartments and 2-bedroom apartments) are offered for sale.
The three new residential sections have abbreviations A, B and E.
Housing areas vary from 34 m² to 132 m². It is possible to merge neighboring apartments for clients looking for larger residential areas.

The complex will have a covered 25x12 m heated indoor pool, a large SPA area of 500 m², a restaurant, a lobby bar and a parking lot.

The apartments’ prices per sq.m. are from 535 to 695 ˆ/m² excluding VAT, and the final prices of the apartments are ranging from ˆ 24,000 to 79,000 excluding VAT, for turnkey finishing (with flooring and equipped bathrooms) ready to be furnished.

Terms of construction:

• Start of construction works: May 2019;
  
• Completion by Act 15: December 2020 or earlier.
  

Technical specifications of the building:

• 6 storey building with reinforced concrete structure and brick walls;
  
• Elevators: Izamet;
  
• Flooring in common areas: Granitogress;
  
• Heating: central gas heating with individual heat meters.
  

Technical specifications of the apartments:

• Turnkey finishing, ready for furnishing;
  
• Granite tiles in the corridors and laminate in the rooms;
  
• Walls, smooth-coated and painted with latex;
  
• Fully finished and equipped with sanitary bathrooms, incl. shower cabin;
  
• Entrance doors and interior doors;
  
• Placed radiators for heating;
  
• Keys and contacts installed.
  

Complex management:
The management company is a professional company, daughter company of the investor;
Mandatory maintenance fee: 10 euros/ m² excluding VAT per year.

Rental:
We expect very high rental demand of the apartments all year round.

The estimated rental yield of the apartments in this complex is estimated to be 5 - 9% per year.

All owners wishing to rent their apartments can benefit from a special rental program that is specially designed for this complex by our sister company for property management.

The rental options are:

• Short-term, overnight - the so-called "hotel principle", using the services of tour operators, Airbnb, Booking.com, etc .;
  
• Seasonally - for the entire winter or summer season, by prepaying the rent for the whole period and covering all overhead costs;
  
• Long-term - for a period of more than 6 months and payment of a fixed monthly rent by the tenant and covering all overheads.