PLAMENA SUITES: a rare opportunity to own a holiday home in Pomorie, one of the most beautiful beach resorts in Bulgaria.

For those of you looking for that relaxing yet invigorating holiday, Plamena Suites offers affordable and elegant apartments, enviably situated in the prime location of Pomorie - just 100 metres from the resort's central sandy beach. Thanks to its superb location, preserved natural conditions, clear waters (ideal for fishing, boating and water sports) and, of course, its warm Mediterranean climate, the resort attracts a high number of visitors throughout the year and has been awarded the Blue Flag Award.
The town of Pomorie is situated on a peninsula projecting into the tranquil waters of the Black Sea and lies just 8 km away from Bulgaria's most popular resort - Sunny Beach, less than
20 km from the busy, cosmopolitan town of Bourgas and some 15 km from the airport.

The well-designed exterior of Plamena Suites combines perfectly with the creative interiors to offer a mix of twenty-nine studios, 1-bedroom and 2-bedroom apartments distributed over six residential floors, together with private garaging and an integrated retail centre comprising six shop units on the ground floor. The individual apartments feature: spacious living rooms flooded with light, specially designed for your comfort, modern contemporary styled open-plan kitchens and full-sized bedrooms.
The complex will also have a reception desk providing guest services and 24-hour security - and will be fully finished with landscaped garden surrounds to complement the quality of the development. Jacuzzi will be available on the top floor.

Completion Date: second half of 2007

STANDARD OF FINISHING OF THE BUILDING
Plamena Suites will be constructed by a highly experienced and well-established construction company using the finest materials and modern building techniques to provide comfortable and easy to maintain holiday homes.
Each apartment will be completed with:
• Outer wall insulation to protect from heat;
• Smooth-plastered internal walls;
• PVC double glazing windows with sealed units;
• Doors of laminated MDF, solid front door with
security locks;
• Fully tiled floorings;
• Shower/bathrooms and toilets fully fitted with
taps, fittings, toilet bowls, wash-basins, tiled
floorings and walls;
• Balconies with tiled floorings;
• Connection to all water, electrical, drainage and cable TV systems

MAINTENANCE OF THE BUILDING AND ITS COMMUNAL AREAS (compulsory)
The maintenance of the building and the communal areas will be provided by the developers of the complex. The annual maintenance fee is 8.40 Euro (VAT included) and will cover the following:
• Maintenance of communal areas
• Maintenance, cleaning and electricity bills for the common parts (corridors of the block)
• 24-hour security
• Standard repairs occurring from normal use

GENERAL CONDITIONS
• No company is needed to own an apartment in the Plamena Suites development.
• It is not necessary to come to Bulgaria in order to reserve an apartment or to sign the preliminary contract.
• It is not necessary to come to Bulgaria in order to acquire the ownership or to receive the title deeds of the apartment.
• Property cannot be resold until completion under Bulgarian law. If you contract to buy you must complete the purchase before you can resell.



FURNISHING OF THE APARTMENTS
Our partners at www.Furnish.BG, will offer various types of furniture packs for Plamena Suites. The furniture packs will provide everything necessary for your comfort and for tourist rental, including:
• Beds, cupboards, dressing tables, bedside lighting
• Cooker, microwave, fridge, kettle, toaster
• Pots, pans, cutlery, crockery, kitchen implements
• Dining table and chairs
• Sofa and easy chairs (that convert to a sofa bed)
• Linen, towels, bedding etc.
• TV’s in each room, a Hi-Fi system with CD and MP3 player,
• Table lights
• And everything else needed to make the apartment ready to rent



Plamena Suites is a member of the luxury chains T-Hotels and SILKY Hotels & Resorts, and will be fully managed and serviced by Bulgaria's leading Property Management Company, Property Management BG, in partnership with the T-Hotels management group. The complex will welcome tourists, investors, participants in company meetings and business seminars and long-term tenants. Plamena Suites will be advertised internationally in the brochures of the leading tour operators providing services in Bulgaria.



PROPERTY MANAGEMENT (not compulsory)
As part of T-Hotels, Plamena Suites will have a first class property management service provided by the leading management and letting company in Bulgaria Property Management BG, who will manage the entire complex. The annual management fee of 400 Euros per year covers the following services:
• Snag list and full arrangements with the developer for fixing of any possible problems.
• Management and maintenance of all relevant documentation.
• Organisation of any and all maintenance required at the apartment, inclusive of regular cleaning, change and laundry of linen, preparation of the apartment for rental, daily cleaning when the apartment is occupied by tourists, etc.
• Regular communication with you the owner in case of any unexpected event, and to produce at your request documentation for any and all expenses made on behalf of the property.
• Organisation and payment of any and all expenses relating to the property to third-party suppliers: eg: bills for power and water supply, cable TV, Internet subscription, cleaning and the general maintenance of the apartment, including repairs and renovation as required etc.
• Web access to the bookings made for your apartment by the tour operator, so you can see the availability for yourself, friends and family, or check your rental income.
• Organisation of the issue of any categorization papers, licenses or similar required by the law for the short-term or long-term rent of the property.
• Organisation and the payment of the annual property tax and waste collection fees (funds must be supplied by the apartment owner)
• Organisation, filling and submission to the tax office of the annual tax statement and payment of any and all tax due by the apartment owner for income relating to rental of the apartment.
• Marketing the property to tour operators and travel agencies for rental to their client base of tourists
• Reception desk services and dispatch, key services to incoming and outgoing tenants/visitors.
• Registration of the tenants as foreign citizens with the local police station as required by the law.
• Holding funds on behalf of the apartment owner, to be used against outgoings directly related to the apartment or common parts under the terms of the virtual freehold.
• Organisation, book-keeping and the storage and maintenance of all records and received invoices, payment receipts and other documents from third-party service providers, agents, local authorities and tax administration bodies etc.
• Representation of the apartment owner and protection of his/her rights and execution of his/her will before any and all third-party service providers, agents, local authorities, tax administration bodies and tenants etc.

LETTING MANAGEMENT (not compulsory)
Plamena Suites buyers who wish to rent out their apartments to tourists can use the services of PropertyManagement BG in partnership with the major international and local tour operators offering holidays in Bulgaria to tourists, etc. including Brtish, German, Russian, Chezh, Polish and Bulgarian Touroperators.
The marketing department of Property Management BG will run major advertising campaigns to attract tourists to these apartments. All modern techniques will be used including web marketing through the leading tourism portals and reservation systems in Bulgaria: www.BeachBulgaria.com and through the website of www.PropertyManagement. BG.

Print advertising in local, British, Irish and international media, together with the presentation of the complex at international exhibitions and travel shows.

Targeted advertising to local tour operators and travel agents, as well as the leading British, German, Scandinavian, Dutch and Russian tour operators.

In addition Plamena Suites will be marketed locally in Bulgaria through the offices of Property Management BG, to individual tourists and visitors.

FOR MORE INFORMATION ON THE MANAGEMENT & LETTING OF YOUR APARTMENT YOU CAN CONTACT OUR PARTNERS AT Property Management BG

Owners will be offered fixed rates per night for short-term rentals. All expenses for short-term lettings (electricity, water, cable TV, Internet) will be charged to the owner’s account. Long-term rents are subject to additional negotiation between the tenant and the apartment owner, which will be handled by us on your behalf. Usually for long term lettings all expenses are covered by the tenants. Our experience shows that short-term rental provides a higher rental income and we expect that Plamena Suites will bring maximum 5% rental return during the first year and approx. 8-10 % during the second and next years, after the complex gains a wider brand recognition.

PAYMENT PLAN:
Option 1
- 3% initial payment (covers agency commission and the deposit) when reserving your apartment
- 10% second payment when signing the Preliminary Contract (within 28 days after deposit)
- 30% third payment when the construction starts (est: October 2006)
- 20% fourth payment when the building reaches third level (est: January 2007)
- 30% fifth payment when the building reaches shell stage
- 7% sixth payment on completion when transferring the ownership right (est: September 2007)
Option 2
- 3% initial payment (covers agency commission and the deposit) when reserving your apartment
- 90% second payment when signing the Preliminary Contract (within 28 days after deposit)
- 7% third payment on completion when transferring the ownership right (est: September 2007)

With Option 2 you will be entitled to a 6% discount on the selling price.

BulgarianProperties charge 3% agency commission for Plamena Suites!

PRICES AND AVAILABILITY
(Constantly updated. Prices are final and inclusive of VAT. The full price paid is written in the title deeds. Additional costs, notary fees and stamp duty are approximately 3% on top of the purchase price. There are no other hidden costs.)

GROUND FLOOR (Floor Plan & Situation in the building)

Garage No 1 total size 20.88 sq.m (actual size + common parts), price 17 330 Euros

Garage No 2 total size 24.50 sq.m (actual size + common parts), price 20 335 Euros

Garage No 3 total size 22.15 sq.m (actual size + common parts), price 18 385 Euros

Garage No 4 total size 25.06 sq.m (actual size + common parts), price 20 800 Euros Sold

Shop No 1 total size 35.65 sq.m (actual size + common parts), price 29 590 Euros Sold

Shop No 2 total size 36.23 sq.m (actual size + common parts), price 30 071 Euros Sold

Shop No 3 total size 34.63 sq.m (actual size + common parts), price 28 743 Euros

Shop No 4 total size 37.73 sq.m (actual size + common parts), price 31 316 Euros

Shop No 5 total size 17.84 sq.m (actual size + common parts), price 14 807 Euros

Shop No 6 total size 23.62 sq.m (actual size + common parts), price 19 605 Euros

FIRST RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 1 studio, open-plan kitchen with sofa bed, dining and sitting area, large balcony, bathroom/wc; total size 50.33 sq. m (actual size + common parts), price 36 741 Euros

Apartment No. 2 one bedroom, open-plan kitchen with dining area, living room, large balcony, bathroom/wc; total size 71.29 sq. m (actual size + common parts), price 52 042 Euros Sold

Apartment No. 3 one bedroom, open-plan kitchen with dining area, living room, large balcony, bathroom/wc; total size 79.32 sq. m (actual size + common parts), price 57 904 Euros

Apartment No. 4 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.56 sq. m (actual size + common parts), price 39 100 Euros

Apartment No. 5 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 51.55 sq. m (actual size + common parts), price 37 632 Euros

Apartment No. 6 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.57 sq. m (actual size + common parts), price 39 106 Euros

SECOND RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 7 studio, open-plan kitchen with sofa bed, dining and sitting area, balcony, bathroom/wc; total size 36.41 sq. m (actual size + common parts), price 26 579 Euros

Apartment No. 8 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 57.48 sq. m (actual size + common parts), price 41 960 Euros

Apartment No. 9 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 60.96 sq. m (actual size + common parts), price 44 501 Euros Sold

Apartment No. 10 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.77 sq. m (actual size + common parts), price 39 252 Euros Sold

Apartment No. 11 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 51.75 sq. m (actual size + common parts), price 37 778 Euros

Apartment No. 12 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.78 sq. m (actual size + common parts), price 39 259 Euros

THIRD RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 13 studio, open-plan kitchen with sofa bed, dining and sitting area, balcony, bathroom/wc; total size 36.41 sq. m (actual size + common parts), price 26 579 Euros

Apartment No. 14 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 57.48 sq. m (actual size + common parts), price 41 960 Euros

Apartment No. 15 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 60.96 sq. m (actual size + common parts), price 44 501 Euros Sold

Apartment No. 16 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.77 sq. m (actual size + common parts), price 39 252 Euros Sold

Apartment No. 17 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 51.75 sq. m (actual size + common parts), price 37 778 Euros

Apartment No. 18 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.78 sq. m (actual size + common parts), price 39 259 Euros

FOURTH RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 19 studio, open-plan kitchen with sofa bed, dining and sitting area, balcony, bathroom/wc; total size 36.41 sq. m (actual size + common parts), price 26 579 Euros
RESERVED SS (am)

Apartment No. 20 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 57.48 sq. m (actual size + common parts), price 41 960 Euros Sold

Apartment No. 21 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 60.96 sq. m (actual size + common parts), price 44 501 Euros Sold

Apartment No. 22 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.77 sq. m (actual size + common parts), price 39 252 Euros

Apartment No. 23 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 51.75 sq. m (actual size + common parts), price 37 778 Euros

Apartment No. 24 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 53.78 sq. m (actual size + common parts), price 39 259 Euros

FIFTH RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 25 studio, open-plan kitchen with sofa bed, dining and sitting area, large balcony, bathroom/wc; total size 54.63 sq. m (actual size + common parts), price 39 880 EurosSold

Apartment No. 26 one bedroom, open-plan kitchen with dining area, living room, two balconies, bathroom/wc; total size 59.39 sq. m (actual size + common parts), price 43 355 Euros

Apartment No. 27 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 70.41 sq. m (actual size + common parts), price 51 399 Euros

Apartment No. 28 one bedroom, open-plan kitchen with dining area, living room, balcony, bathroom/wc; total size 75.33 sq. m (actual size + common parts), price 54 991 Euros

SIXTH RESIDENTIAL FLOOR (Floor Plan & Situation in the building)

Apartment No. 29 two bedrooms, open-plan kitchen with breakfast bar, living room, two large balconies, bathroom/wc; total size 167.45 sq. m (actual size + common parts), price 122 239 Euros

Jacuzzi with an outside sitting and sun-bathing area

NB! Prices are final, inclusive of VAT, but 3 - 3.5% State taxes and legal fees are chargeable when the final payment is made.

Ref. No. Plamena Suites