Vidin Suites is an elegant off-plan complex, situated on a small street in one of the quiet residential districts in the town of Vidin. The development presents an outstanding opportunity to own a home in a complex that truly stands out for its gracious design, in a place ideal for pleasant and peaceful permanent living. Behind the Vidin Suites complex’s discreet façade is a quality living space on five residential floors, and two service floors. Garages, situated on the ground floor, are also offered for sale as some of them are quite large and can easily be reorganized into an office or a shop. The property, which is yet to be built, will satisfy the owners with quality construction and tasteful completion of the common parts. The development company is highly reputable, with more than twelve years of experience on the local market and many completed buildings in Vidin and around, including Danubia Lodge, which we successfully marketed a couple of years ago.
Vidin Suites is set in proximity to one of the main boulevards in town which ensures easy and fast access to the centre, with many places for shopping and fine dining, as well as clubbing. It is 5 minutes drive away from the historic district in town where the famous Baba Vida Fortress is located, along with many other historical monuments.

Completion Schedule
• The foundations of the building are being constructed at the moment. Construction webcam will be installed on the site soon.
• All apartments will be completed by 31 December 2009.

The town of Vidin
A regional and administrative centre, the town of Vidin enjoys strategic position close to two borders (with Romania and with Serbia) and is considered as an up-and-coming area of great importance. As member of the EU, Bulgaria received a lot of investment and Vidin faced the construction of EU funded development of a second Danube bridge between Bulgaria and Romania. Once completed the new bridge will transform the international road E-79 into a major pan-European transport corridor, which will join Western, Northern and Eastern Europe, thus creating a road to Greece and Asia. The investment is 236 million Euro and is expected to result in an influx of tourists, business people and commercial travelers to Vidin. That is why every investment in the area made now will increase its value after the bridge completion in year 2010. The closest international airport to Vidin with regular direct flights is Sofia Airport, set approx. 220 km away (or 3 hours drive by car).
Vidin is an old city dating back from Roman times, with great and rich history, many monuments and art galleries. It enjoys a lush and peaceful city garden along the Danube River which has timeless appeal and attracts all tourists and local residents. The most pleasant way to contemplate the river would be upon a fish meal at one of the boat restaurants. Another way would be from the many cruise ships that are crossing the river every day, bringing tourists from Western Europe. The town of Vidin has several beach zones scattered in and out of the town. Besides swimming, the river is suitable for watersports, boating and fishing as well.
Vidin has all amenities one could possibly need, including many schools and kindergartens, great shopping zone, hospitals, theatre and symphonic orchestra, excellent transportation service.

Standard of Apartments
Vidin Suites will be traditionally constructed using the most up to date building materials and techniques creating energy efficient homes that are easy to maintain. The building and the apartments will be created according to the "Bulgarian Completion Standard". This term describes the usual finish that most of the newly built residential properties in Bulgaria have when completed. The common parts of the building will be completely finished, while the apartments will come with plastered walls, with front door and double glazed windows, concrete floors (no floorings), not-painted, unfinished bathrooms (no tiles, no accessories), no lighting in the apartment. In Bulgaria most of the buyers of residential properties, prefer to buy their new property completed to this standard, because they have the complete freedom to design and finish their property exactly as they wish, and within their budget. We believe that purchasing a residential property completed to "Bulgarian Completion Standard" is the best option both for property investors and for buyers intending to live here permanently. For the investors it is a flexible way to acquire a property on the minimum possible price, keep it for some time after the building is completed, and then re-sell in the same condition (Bulgarian Completion Standard) with profit. The buyer of your re-sell property would be usually a person who will live there, so he/she will have the opportunity to choose all the finishing materials and design.
Read more about the "Bulgarian Completion Standard"
Each of the apartments at Vidin Suites will come with a cellar which is obligatory to purchase together with the apartment. The price of the Cellar is 1500 Euros. Garages are available upon an additional price given in the price list below. Garages are not compulsory to buy.
The developer can offer full finishing and furnishing of the apartments upon request and against additional payment (check the price list).

Why invest in Vidin Suites?
It is a smart way to participate on the dynamic property market in Bulgaria ... Wise decision that will bring you great return... Simply a great investment... Read why:
• The right type of property: Vidin Suites is a fine example of a town property, where the demand from local buyers is high and constant. The residential property market in the towns of Bulgaria is strong, liquid and profitable for the smart investors. The positive economic trend in Bulgaria continues, the unemployment decreases, people get wealthy. The demand for high quality newly built residential properties in the regional towns of Bulgaria grows, because people are leaving their old dwellings at pannel blocks and upgrading to new modern homes, as they can afford it. The access to mortgages has never been easier in Bulgaria. During the last 12 months the prices at the towns and cities of Bulgaria continue to grow with approx. 25 % per year. New residential properties in Vidin have great potential to continue growing.
• Unbelievable price of just 450 EUR/sq.m.: Yes, this is true. Vidin Suites cost that low! Similar property in Sofia (the capital of Bulgaria) would cost minimum 1000 EUR/sq.m. Follow the most important advice for successful property investment: "Always look for low price and high quality". Your investment will appreciate greatly.
• Exclusive building: Modern, special and remarkable. Vidin Suites will be one of the very few luxury residential buildings in the town of Vidin, that will present luxury living atmosphere and prestigious character.
• Reputable developer: One of the most experienced developers in Vidin. Significant number of completed residential and commercial developments in the whole region. Known locally for high quality, meeting deadlines and keeping the promises. Highly recommended by Bulgarian Properties.
• Great residential location: Close to the city centre (just 5 minutes drive), quiet area and close to renowned schools and local amenities.
• Great rental returns: Suitable for long-term luxury lets, these apartments meet the requirements of tenants looking for a high-specification property rental. Your apartment will earn good money, until you decide to re-sell.
• Full set of property management services: Vidin Suites will benefit from all maintenance, management and letting services provided by a dedicated team of professionals from the leading company PropertyManagement.BG


Furnishing
The apartments are offered for sale unfurnished (with no fitted kitchen) but with an alternative option for purchasing a fully furnished and fitted apartments (see Prices and Availability below for more details). The leading interior design and furnishing company, Furnish.BG, will manage the overall furnishing of the apartments purchased with the "fully furnished" option. Offered are standard furnishing packs which are exclusively designed to match the requirements for letting. The prices depend of the type of the property - 5200 Euros for a studio, 6300 Euros for a 1-bedroom apartment and 7400 Euros for a 2-bedroom apartment. The full furniture pack includes everything necessary for the use of the property by owners and tenants, including:
• 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
• And other necessarry items

Property Management & Letting of the complex (non-compulsory):
Once completed Vidin Suites complex will be one of the most luxurious residential buildings in Vidin. All apartments will be designed to the highest specification and standard of finish to match the necessary requirements for luxury residential living in the town. Our experience shows that most of our foreign buyers will be interested in renting their apartments, therefore full property management and rental services will be provided by our partners from the leading management and letting company PropertyManagement.BG. This company is already managing and letting successfully many residential buildings, single apartments, gated complexes, holiday villas in the big cities and all tourist regions of Bulgaria. It is typical that apart from the property letting, this company also provides a full range of additional services both to the property owners and the tenants.
Vidin Suites are planned to function as a luxury residence with high-specification apartments and various useful services for the occupants like cleaning, washing, cooking, baby-sitting, maintenance and repairs. For Vidin Suites, the management company will prepare a tailor-made business program and efficient marketing activities aiming to attract mostly long-term tenants like business people, senior managers working in the city and frequent travelers who are looking for contemporary-styled and comfortable apartments offered at reasonable price. The local demand for luxury short- and long-term letting will increase as well due to the need of accommodation for the highly qualified employees who will work on the bridge construction or in the branches of new international companies which will start operating in the area.
Additionally PropertyManagement.BG offer management service, representation of the owner and taking care of the apartment. These services are especially suitable for owners who are not residing permanently in Bulgaria and are not able to look after their property personally. These services cost 300 Euro per year VAT excluded and are not compulsory.

Maintenance of the complex (compulsory):
PropertyManagement.BG will offer complete maintenance of the building and the surrounding areas (gardens). The annual maintenance charge is 7 Euro per sq.m. on the property owned, VAT excluded, and will cover the maintenance and upkeep of the complex and all its facilities, bills for water and electricity for the communal areas (corridors at the block). This charge is compulsory for all owners of properties at Vidin Suites.

Reservation of Apartments
Any apartment in the Vidin Suites complex can be reserved immediately with a non-refundable deposit of 5 % of the purchase price paid into the developer’s bank account by credit card or bank transfer. The reservation deposit will hold the property for maximum 30 days when the preliminary contract will be signed.

Payment Plan

Standard Payment Plan
- 5 % reservation deposit, non-refundable
- 35 % first installment payable at signing the Preliminary Contract (maximum 30 days after reservation)
- 30 % second installment due when the complex reaches third floor (approx. in September 2008)
- 20 % third installment due when the complex reaches shell stage (approx. in December 2008)
- 10 % fourth installment due when the complex is completely finished and Act 15 had been issued (approx. in October 2009)

Deferred Payment Plan with 7 % increase on the price
- 5 % reservation deposit, non-refundable
- 5 % first installment payable at signing the Preliminary Contract (maximum 30 days after reservation)
- 90 % second installment on shell stage (approx. in December 2008)

Bulgarian Properties charge 3 % agency commission on the apartment price, payable together with the first installment.

Prices, Sizes, Availability (constantly updated and valid!)
Prices are final. On top of this price you will also need to pay the Notary fees, stamp duty and local tax (approx. 3 - 4 % on the price shown on the Title Deeds).
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 (appox. 80 Euros for a one-bedroom apartment).

Cellars on the Underground Floor Architectural Floor Plan of the cellars

Garages on Ground Floor Architectural Floor Plan of the garages

Garage # 1, total size 33.55 sq.m, Price 8 388 Euro

Garage # 2, total size 26.40 sq.m, Price 6 600 Euro

Garage # 4, total size 54.37 sq.m, Price 13 594 Euro

Garage # 5, total size 36.64 sq.m, Price 9 160 Euro

Garage # 6, total size 47.87 sq.m, Price 11 968 Euro Sold

Garage # 7, total size 45.87 sq.m, Price 11 468 Euro

Garage # 9, total size 32.22 sq.m, Price 8 055 Euro

Garage # 10, total size 66.95 sq.m, Price 16 738 Euro Sold

Garage # 11, total size 42.13 sq.m, Price 10 533 Euro

Garage # 12, total size 34.87 sq.m, Price 8 718 Euro

Garage # 13, total size 33.62 sq.m, Price 8 405 Euro

Garage # 14, total size 31.25 sq.m, Price 7 813 Euro

BLOCK A

Second Floor Architectural Floor Plan

Apartment # 1, (with Cellar # 10), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 121.63 sq.m (net area + common parts), Price 54 734 Euro (Bulgarian Standard); 72 978 Euro (Finished unfurnished); 80 378 Euro (Fully furnished); with Cellar # 10 priced 1500 Euro

Apartment # 2, (with Cellar # 17), 1 bedroom, open-plan kitchen and living room, a balcony, bathroom/wc, corridor, entrance hall, total size 77.11 sq.m (net area + common parts), Price 30 458 Euro (Bulgarian Standard); 42 025 Euro (Finished unfurnished); 48 325 Euro (Fully furnished); with Cellar # 17 priced 1500 Euro

Apartment # 3, (with Cellar # 1), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 76.23 sq.m (net area + common parts) SOLD

Third Floor Architectural Floor Plan

Apartment # 4, (with Cellar # 7), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 123.65 sq.m (net area + common parts), Price 55 643 Euro (Bulgarian Standard); 74 190 Euro (Finished unfurnished); 81 590 Euro (Fully furnished); with Cellar # 7 priced 1500 Euro

Apartment # 5, (with Cellar # 6), 1 bedroom, open-plan kitchen and living room, a balcony, bathroom/wc, corridor, entrance hall, total size 78.42 sq.m (net area + common parts) SOLD

Apartment # 6, (with Cellar # 20), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 77.44 sq.m (net area + common parts) SOLD

Fourth Floor Architectural Floor Plan

Apartment # 7, (with Cellar # 9), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 123.49 sq.m (net area + common parts), Price 55 571 Euro (Bulgarian Standard); 74 094 Euro (Finished unfurnished); 81 494 Euro (Fully furnished); with Cellar # 9 priced 1500 Euro

Apartment # 8, (with Cellar # 16), 1 bedroom, open-plan kitchen and living room, a balcony, bathroom/wc, corridor, entrance hall, total size 78.40 sq.m (net area + common parts) SOLD

Apartment # 9, (with Cellar # 3), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 77.37 sq.m (net area + common parts) SOLD

Fifth Floor Architectural Floor Plan

Apartment # 10, (with Cellar # 8), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 123.50 sq.m (net area + common parts), Price 55 575 Euro (Bulgarian Standard); 74 100 Euro (Finished unfurnished); 81 500 Euro (Fully furnished); with Cellar # 8 priced 1500 Euro

Apartment # 11, (with Cellar # 11), 1 bedroom, open-plan kitchen and living room, a balcony, bathroom/wc, corridor, entrance hall, total size 78.36 sq.m (net area + common parts) SOLD

Apartment # 12, (with Cellar # 4), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 77.37 sq.m (net area + common parts), Price 34 817 Euro (Bulgarian Standard); 46 422 Euro (Finished unfurnished); 52 722 Euro (Fully furnished); with Cellar # 4 priced 1500 Euro

Sixth Floor Architectural Floor Plan

Apartment # 13, (with Cellar # 15), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 122.77 sq.m (net area + common parts), Price 55 247 Euro (Bulgarian Standard); 73 662 Euro (Finished unfurnished); 81 062 Euro (Fully furnished); with Cellar # 15 priced 1500 Euro RESERVED CS (tk)

Apartment # 14, (with Cellar # 2), 1 bedroom, open-plan kitchen and living room, a balcony, bathroom/wc, corridor, entrance hall, total size 77.70 sq.m (net area + common parts), Price 34 965 Euro (Bulgarian Standard); 46 620 Euro (Finished unfurnished); 52 920 Euro (Fully furnished); with Cellar # 2 priced 1500 Euro RESERVED CS (tk)

Apartment # 15, (with Cellar # 13), 1 bedroom, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 76.70 sq.m (net area + common parts), Price 34 515 Euro (Bulgarian Standard); 46 020 Euro (Finished unfurnished); 52 320 Euro (Fully furnished); with Cellar # 13 priced 1500 Euro RESERVED CS (tk)

BLOCK B

NB! All apartments in Block B sharing one and the same floor could be merged into bigger apartment units.

Second Floor Architectural Floor Plan

Apartment # 16, (with Cellar # 35), 1 bedroom, open-plan kitchen with living room, a balcony, bathroom/wc, entrance hall, total size 75.76 sq.m (net area + common parts), Price 34 092 Euro (Bulgarian Standard); 45 456 Euro (Finished unfurnished); 51 756 Euro (Fully furnished); with Cellar # 35 priced 1500 Euro

Apartment # 17, (with Cellar # 37), studio, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 63.57 sq.m (net area + common parts), Price 28 607 Euro (Bulgarian Standard); 38 142 Euro (Finished unfurnished); 43 342 Euro (Fully furnished); with Cellar # 37 priced 1500 Euro

Apartment # 18, (with Cellar # 21), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 125.87 sq.m (net area + common parts) SOLD

Third Floor Architectural Floor Plan

Apartment # 19, (with Cellar # 26), 1 bedroom, open-plan kitchen with living room, a balcony, bathroom/wc, entrance hall, total size 76.95 sq.m (net area + common parts), Price 34 628 Euro (Bulgarian Standard); 46 170 Euro (Finished unfurnished); 52 470 Euro (Fully furnished); with Cellar # 26 priced 1500 Euro

Apartment # 20, (with Cellar # 38), studio, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 64.61 sq.m (net area + common parts), Price 29 075 Euro (Bulgarian Standard); 38 766 Euro (Finished unfurnished); 43 966 Euro (Fully furnished); with Cellar # 38 priced 1500 Euro

Apartment # 21, (with Cellar # 23), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 128.03 sq.m (net area + common parts) SOLD vg

Fourth Floor Architectural Floor Plan

Apartment # 22, (with Cellar # 25), 1 bedroom, open-plan kitchen with living room, a balcony, bathroom/wc, entrance hall, total size 77.04 sq.m (net area + common parts), Price 34 668 Euro (Bulgarian Standard); 46 224 Euro (Finished unfurnished); 52 524 Euro (Fully furnished); with Cellar # 25 priced 1500 Euro

Apartment # 23, (with Cellar # 29), studio, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 64.61 sq.m (net area + common parts), Price 29 075 Euro (Bulgarian Standard); 38 766 Euro (Finished unfurnished); 43 966 Euro (Fully furnished); with Cellar # 29 priced 1500 Euro

Apartment # 24, (with Cellar # 24), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 127.97 sq.m (net area + common parts) SOLD vg

Fifth Floor Architectural Floor Plan

Apartment # 25, (with Cellar # 32), 1 bedroom, open-plan kitchen with living room, a balcony, bathroom/wc, entrance hall, total size 77.01 sq.m (net area + common parts), Price 34 655 Euro (Bulgarian Standard); 46 206 Euro (Finished unfurnished); 52 506 Euro (Fully furnished); with Cellar # 32 priced 1500 Euro

Apartment # 26, (with Cellar # 30), studio, open-plan kitchen with dining area and living room, a balcony, bathroom/wc, entrance hall, total size 64.63 sq.m (net area + common parts), Price 29 084 Euro (Bulgarian Standard); 38 778 Euro (Finished unfurnished); 43 978 Euro (Fully furnished); with Cellar # 30 priced 1500 Euro

Apartment # 27, (with Cellar # 22), 2 bedrooms sharing one balcony, separate kitchen with dining area, living room with an outlet to a balcony, bathroom/wc, lavatory, corridor, entrance hall, total size 127.85 sq.m (net area + common parts) SOLD vg

Sixth Floor Architectural Floor Plan

Apartment # 28, (with Cellar # 34), 2 bedrooms, separate kitchen with dining area, living room with an outlet to a balcony, 2 bathrooms/wc, large terrace, corridor, entrance hall, total size 141.30 sq.m (net area + common parts), Price 63 585 Euro (Bulgarian Standard); 84 780 Euro (Finished unfurnished); 92 180 Euro (Fully furnished); with Cellar # 34 priced 1500 Euro

Apartment # 29, (with Cellar # 36), 2 bedrooms, separate kitchen with dining area, living room with an outlet to a balcony, 2 bathrooms/wc, large terrace, corridor, entrance hall, total size 112.72 sq.m (net area + common parts), Price 50 724 Euro (Bulgarian Standard); 67 632 Euro (Finished unfurnished); 75 032 Euro (Fully furnished); with Cellar # 36 priced 1500 Euro

Ref. No. Vidin Suites