Perelik - the Newest Bulgarian Ski Resort!

Independent, *with excerpts, 22nd November 2006

Independent presents the limited opportunity to reserve an exclusive suite in an exciting new project - Hotel Complex Perelik! Situated near the newest Bulgarian ski resort Perelik and consisting of 168 elegant studio, one, two and three bedroom homes and penthouses with fireplace, open-plan lifts and warm contemporary feel ranging from 25 to130 sqm.

Bulgaria has become a hot spot for both tourists and investors for the last few years. The forecast for the next five years is rosy: officially confirmed EU membership in 2007, doubling of the funding for infrastructure projects to total € 6.85 billion in the next five years after the EU accession, significant decrease of Capital Gains Tax from 15% to 10% as of January 2007, adoption of the EURO and its interest rates (2009-2010), synchronization of the mortgage market with the European one leading to falling lending rates of 6.4% - 7% at present, as opposed to 16% - three years ago and expected to go as low as 5.2 by 2009. It is obvious that the economy is booming. The average GDP of 5% pa over the past seven years is placing the country amongst the ten top performing economies in Europe.
The tourist numbers for 2006 have shown two digit increase as opposed to previous years. The majority of visitors were Britons, Germans, Greeks, Irish, Russians, Scandinavians and Bulgarians.
That is why the agents have recognized Hotel Complex Perelik as an up and coming area with high potential for future growth of about 20-30% within the next 12 to 18 months as compared to 17.8% in Bulgaria overall. With average prices of € 950 to € 1,270 per sq.m for a stylishly finished luxury apartments the resort proves to be what Bansko and Pamporovo were two years ago.

Facts About Perelik & Pamporovo
•Perelik is the southernmost ski resort in Europe: mild climate with Mediterranean influence; 270 days of sunshine per year
•Perelik Tourist and Ski resort was established in May 2006 and is set to become one of the major ski destinations in Bulgaria in the years to come
•The highest peaks of the Rhodope Mountains: Perelik - 2,191m; Kuzuy-atak-2,100m; Snezhanka - 1,926m and Orpheus-1,826m

Winter Sports and Sport Facilities to be Developed in Perelik
•Over € 230mln invested in new ski resort, ski runs, ski pistes, hotels and machines for artificial snow in the next two years and approx € 600 mln in the following five years
•24 lift lines and 82km of pistes to be developed
•Construction work on the 1st properties has just started with completion date Dec.2007
•Altitude of the ski resort - 1,500m to 2,130m above the sea level
•Size of the ski resort: 2,193 hectares
•12 hotels, ski schools, ski wardrobes, biathlon facilities
•New railway from the town of Smolyan to Perelik
•New airport near the town of Smolyan
•100km long three-lane road between Plovdiv and Smolyan to allow rapid access to the ski resorts

Winter Sports and Sport Facilities in Pamporovo
•Nine ski-runs with total length of about 31km, equipped with artificial - snow machines and well lit at night
•Service equipment: Five chair-lifts (Two four-seat lifts, a three-seat, a two-seat and a single-seat chair lifts), 13 ski-tows
•Top destination for snowboarding
•Ski slopes for ski running, biathlon and a sports shooting ground at the foot of Snezhanka Peak
•Over 20 wardrobes and hire for skis and snow-boarding equipment

Summer Activities Sightseeing in the Rhodope Mountains
•The unique ancient town sanctuary dating back before B.C. PerPerperikon
•Hundreds of Thracian, Roman and Ancient Greek fortresses, viaducts and sanctuaries
•Birthplace of the mythical musician Orpheus, renowned for his songs
•The biggest Astronomical observatory on the Balkan Peninsular and the second largest Planetarium in Europe (built in 1975 in the town of Smolyan)
•Mineral water therapy and SPA treatment

Now we present a limited opportunity to reserve an exclusive suite in our exciting new project - Hotel Complex Perelik sited at 1,530m above sea level between the fashionable ski-resort of Pamporovo (5 km.) and the hottest Bul¬garian sports and tourist ski resort Perelik (3 km.).
It consists of three, four and five storey inter connected buildings forming secluded yard on several levels. Perelik showcases an array of units ranging from 25 to 130 sqm. It features 168 elegant studios, one, two and three bedroom homes and penthouses with fireplace, open-plan lifts and warm contemporary feel. The project benefits of fresh and clever living space solutions of experienced architects. It combines the traditional Bulgarian architectural style with eye-catching leisure facilities. Spectacular Spa Centre with Heated Swimming Pool.
The holiday complex will be fully constructed and put into operation by December 2007.

Competitive Advantages:
•Ski in, ski out complex in the newest ski resort -Perelik
•On the very ski slopes next to the ski lifts
•37 sold in one month! Estimated 20-30% price increase by 2008
•Fully finished studio, one, two and three bed stylish suites and pent¬houses with fireplaces**
•Glorious vistas to the Perelik Peak (2,191m)
•Construction works carried according to European standards
•Optional furniture pack (excluded from the price)
** Bathroom, kitchen with upper & lower sections, kitchen units, sink, aspirator, ceramic hotplates, oven (in the two& three bed units only) and fridge

Category: Holiday residential complex, designed to work on a hotel basis.
Hotel Facilitie and Services (extras):
•Fitness Facilities & Sauna
•Turkish Bath & Jacuzzi
•Beauty Parlour
•Massage & Cosmetic Studio
•Doctor's Office
•Laundry Services
•Restaurant with 200 seats
•Banqueting Hall
•Night Bar & Winery
•Shopping area
•Conference Hall
•BBQarea

Completion Date: December 2007

Find Perelik Palace offer on the website of BulgarianProperties

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