Off Plan in Ribaritsa for 47,000 EUR

Property Description

MAGIC GREEN - RIBARITSA (STARA PLANINA MOUNTAINS)

QUIET RETREAT ON THE EDGE OF NATIONAL MOUNTAIN RESERVES

INCREDIBLE NEW DEVELOPMENT ONLY 1 HOUR FROM SOFIA CAPITAL

Magic Green - Ribaritsa, Teteven Situated in a fabulous location, deep in Stara Planina Mountains, 5km out from Teteven Ribaritsa village on the banks of trout rich Vit river Magic Green will be constructed to follow the natural line of the valley. 17 Houses & 207 Apartments *from 68 to 168sq.m.; 2 Swimming Pools, Spa Centre, 1 Tennis Court, 1 Squash Court and Children’s Play Ground; Restaurant, Cafe, Piano Bar and Shops, etc. With all the advantages of modern design, amenities and beautiful surroundings, it is the perfect place for both relaxation and the pursuit of many outdoor activities . Prices from 47600 EUR (approx. ?32000)

Magic Green complex is located in the north-western folds of the Central Balkan Mountains (Stara Planina) on the banks of the river Vit, 5 km away from the town of Teteven and 10km away from the village of Ribaritsa. There is a regular bus service between Teteven and Sofia (110km away), which uses the main Hemus A2 highway. Teteven is the starting point for a number of hiking routes leading up to the mountains and within the town’s vicinity can be found the Koznitsa waterfall and the Yamata caverns. There are also two nature reserves (Boatin and Tsarichina) within the Teteven Municipality, which are part of the Central Balkan Mountains National Park. The broadest belt of Beech Forest in Bulgaria is to be found in the Teteven region and the flora and fauna (including the Balkan Mountain fox, bear, deer, and a variety of fresh-water fish) are carefully protected.
Magic Green will be situated in the Ilieveto area of the Teteven Municipality and can be reached via the main road from Teteven to Ribaritsa, 5km out from Teteven on the left hand side on the road. Magic Green will be built on 30,000m2 plot, which stretches along both sides of the river Vit for a distance of 400m. The development will be constructed to follow the natural line of the valley, which from an upper woodland area, falls steeply to the south and south east of the site as it reaches the river.
Magic Green development will have 50% of the site as \"non-build areas\" for public gardens, 2 main promenades running parallel to the river, access roads etc. The \"total build\" of 37,065m2 will comprise:
* 17 Houses & 207 Apartments (with allocated underground parking);
* 2 Swimming Pools,
* Large Spa Centre
- bio sauna + a small pool for 6 people after the sauna
- steam cabin;
- beauty parlour;
- massages;
- aromatherapy;
- solarium;
- volcanic stones;
- infra – red therapy;
- salt bathing;
- showers;
- vital bar (fresh juices);
- jacuzzy;
- bathing cabin;
- WC;
- mirror room for playing (yogi, aerobic, aikido)
*Large Garden:
- alleys;
- wooden benches;
- lighting;
- attractions – water cascades, barbecue, evergreen plants, basic bridge, ect.;
* 1 Tennis Court;
* Mini golf – course;
* 1 Squash Court;
* Pool hall;
* Fitness hall;
* Children’s Play Ground;
* All apartments with large terraces - mountain views;
* Restaurant;
* Cafe, Piano Bar, Irish Pub; Wet Bar *in one of the pools*;
* Casino;
* Shops;
* Modern communications centre with high speed international connectivity;
* 24 hours security;
* Rental programme;
* Excellent payment plan;
* Other extras provided.
The Apartments will be built in groups of two blocks: A&B; C&D;E&F; not more than 4 stories high (15m) and will be built into the slope of the hill to give a \"staircase effect\" whereby each apartment will have its own terrace with a panoramic view of the river and surrounding hills. A terraced garden will separate each block (e.g. between A&B etc), which in contrast to the modern design of the buildings, will enhance the \"intimate feeling\" associated with traditional Bulgarian architecture. Each apartment will be supplied with cable TV, intercom, phone line cable, internet connection, possibility for installing of air conditions. The windows will be in French style.
With all the advantages of modern design, many amenities and beautiful surroundings, Magic Green is the perfect place for both total relaxation and the pursuit of many outdoor sporting and leisure activities.

Construction starts: - summer 2007
Completion - End 2008
Reservation (take off market) - 1000 Euros/ ? 700, fully refundable (deductible from final price if you buy).
Individual viewing trips: available upon request

PROPERTY MANAGEMENT – 5 EUR per year

We can provide full property management for all the complex apartments through our partnership rental agencies on the seaside. The property management services include:
- sourcing for you all further items needed to get your apartment ready to rent out;
- cleaning, washing and ventilation of apartments;
- maintenance and repairs (when needed);
- advertising and communication with potential customers;
- meeting customers and transportation to your apartment;
- giving/collecting keys, instructions for use of apartments, assistance for guests while renting the apartment;
- payment of utility bills (electricity, water, cable TV, annual local tax);
- all services required keeping the apartment in good condition.
- cleaning of the common parts;

PAYMENT PLANS :
PAYMENT PLAN A
1 000 EUR reservation fee (nonrefundable, but will be deducted from the sale price), for two weeks within which you receive the preliminary contract and the 1st installment has to be paid.
• 30% 1st installment at the signing of the preliminary contract.
• 20% 2nd installment at the roof building of the apartment
• 40% 3th installment at the facade joinery fitted and completion works started
• 10% 4th installment at completion and the closing of the deal end of December 2008

PAYMENT PLAN B - 2 % discount possible
1 000 EUR reservation fee (nonrefundable, but will be deducted from the sale price), for two weeks.
• 60% 1st installment at the signing of the preliminary contract
• 30% 2nd installment at the facade joinery fitted and completion works started
• 10% 3th installment at completion and the closing of the deal end of December 2008
Taking plan B and reserving till the end of December 2008 you receive 2 % discount.

PAYMENT PLAN C - 5 % discount possible
1 000 EUR reservation fee (nonrefundable, but will be deducted from the sale
price), for two weeks within which you receive the preliminary contract and the 1st installment has to be paid.
• 90% 1st installment at the signing of the preliminary contract
• 10% 2nd installment at completion and the closing of the deal end of December 2008
Taking plan C and reserving till the end of December 2008 you receive 5 % discount.