Description:

Marina Park is a luxury 5 star complex only 100 meters from the end of the St.Vlas marina and close to the white sandy beach. With St.Vlas being recognised as one of the more 'classy' locations on the Black-sea coast and with property prices rising above the national average, this is definitely a sound investment and lifestyle choice.

Either choose to stay at the complex and enjoy one of the many facilities (Turkish baths, vapour bath, sauna, fitness centre, roof-top terrace pool, children’s pool and main pool) or take a short walk to the Marina to enjoy one of the fine restaurants and bars on the quayside. Here you can either get involved in the Yachting lifestyle, or just sit and relax with a drink and watch others at play!

If the marina doesn't 'float your boat', then it is only a short walk to the white sandy beach and the clear warm waters of the Black Sea.

Here you are buying into a lifestyle, but at the same time investing in one of the classiest resorts on the whole coast.

The apartments include:

Free kitchen pack on every apartment (worth over €6000)!

• Beds, tables, cupboards and wardrobes – Italian design
• Fitted kitchen including white goods: fridge, microwave, cookers
• TV in each room, audio/video system (DVD, CD, MP3)
• Pots, pans, cutlery, crockery, kitchen implements
• Linen, towels, bedding etc.
• Lighting
• Large and comfortable balconies, some with sea views
• Luxurious finishing works including top quality Italian tiles
• Fully equipped bathrooms with high quality fittings
• 2 way air conditioning units

The complex amenities include:

• 24 hour reception
• Medical person on site
• 24 hour security
• Transfer from the airport
• Exclusive swimming pools (children’s and adult)
• Roof-top 'plunge pool' and sky bar
• Spa Centre, including turkish baths, vapour bath, sauna, relaxation room, fitness suite and separate changing & shower facilities.

PAYMENT PLANS:

Standard Payment Plan:

• 5 % deposit (first instalment) to the bank account of the builder (non-refundable)
• 35 % (second instalment) paid at signing the Preliminary Contract within 20-28 days after the deposit has been paid (all legal rights of the buyer established)
• 20 % (third instalment) when the complex reaches 3rd floor *
• 20 % (fourth instalment) when the complex reaches roof level
• 10 % (fifth instalment) when the window joinery is being installed
• 10 % (sixth instalment) is paid on completion of the development and on receipt of Act 16 (completion of building at Act 15 - Summer 2009)

* Please note, any buyer buying into the development during construction will pay their instalments on different stages of the build (e.g. if the 3rd floor is already built on signing the preliminary contract, then this instalment may be due on the roof stage)



Discounted Payment Plan:

* A discount of 8% of the purchase price will be offered for all apartments purchased with the following payment plan:

• 2500 Euros non-refundable deposit at the time of reservation
• 90% of the purchase price less the deposit upon signing the preliminary contract
• 10% of the purchase price when the whole complex is finished at receipt of Act 15 (Summer 2009)

* Any discounts offered by this payment plan maybe reduced should a promotional discount be offered on the project (e.g. 10% promotional discount over a limited period)



Deferred Payment Plan:

All apartments purchased on this payment plan will have their original price increased by 8%:

• 2500 Euros non-refundable deposit when reserving your apartment
• 30% of the purchase price less the deposit upon signing the preliminary contract
• 70% of the purchase price when the whole complex is finished at receipt of Act 15 (Summer 2009)

Payment plan for buying with mortgage:

All apartments purchased on this payment plan will have their original price increased by 8%:

• 5% reservation deposit, non-refundable. Must be paid with Buyer's own funds
• 25% when the construction starts or on signing of the Preliminary contract. Must be paid with Buyer's own funds
• 70% will be paid by United Bulgarian Bank

For mortgage information, please see details below!



Mortgage (for more details, please check the Off-Plan Mortgage Information Page):
A 70 % mortgage in EURO currency from a leading Bulgarian bank is available for buyers who are residents of any country of the EU, the USA, Canada, Australia and New Zealand. The mortgage will cover 70 % of the apartment price and is for a maximum for 20 years. The annual interest rate is approx. 6.25 %. The buyer must cover 30 % of the apartment price with their own funds. Buyers who apply for a mortgage must provide the required documents and proof of income. Only buyers who are able to repay their loan will qualify for a mortgage. The most important requirement is that the monthly ratio of INCOME:DEBT is set at a minimum 60:40 (ie: a mortgage advance will be based on 1.5 x net income). For more information on the mortgage service, terms and conditions, please contact us.



PRICES, SIZES, AVAILABILITY (constantly updated and valid!)
Prices are final, inclusive of VAT, with the full value declared in the Title deeds. On top of this price you will also need to pay the Notary fees, stamp duty and local tax (approx. 3- 3.5% of the purchase price). Every owner of property in Bulgaria pays an annual real estate tax and local communal tax the amount of which depends on the size of the property.

St. Vlas Resort

In you are looking for a relaxed summer holiday or a secure investment spot, St. Vlas is the place to consider. This small family resort enjoys an excellent seaside location and proximity to the Stara Planina Mountain slopes. The tranquil site is very close to the posh Sunny Beach resort (5 km) and the romantic old town of Nessebar (9 km). In the vicinity of the resort, there are three fine sand beaches: a central one, a camping one and one at the new marina. The area is ideal for swimming and sunbathing, as well as yachting.