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We are delighted to announce the release of Stamboliiski Bridge, Phase II
Ideally located in Sofia's downtown, just a short distance from the prestigious shopping, entertainment and business areas of A. Stamboliiski and T. Alexandrov Boulevards, Stamboliiski Bridge is a distinctive new experience with heart-of-the-city access to everything that Sofia offers.
Just 10-15 minutes walk from some of the citys best restaurants and entertainment venues, as well as the magnificent St. Nedelya Church and St. George Rotunda and ideally located near the Mall of Sofia, the largest shopping and entertainment zone in the city centre and Sofia's trendiest night-club, Sin City, a favourite venue for the city's elite, the Stamboliiski region encompasses the spirit of both the old and the new Sofia. The complex itself is situated right next to the romantic Stamboliiski Bridge, built at the beginning of the last century, providing the perfect base for everyone visiting Sofia.
Built to include 64 apartments in two blocks, the complex features an attractive and original interior concept, designed and realised by one of Sofia's most experienced and reputable architectural agencies.
Completion date Phase 1: October 2008
Completion date Phase 2: December 2010
THE AREA: KEY FEATURES
Ideal city centre location
Easy access to all public transport and the Underground, the central bus and train stations, as well as the airport
In the vicinity of the busy business district around Todor Alexandrov Boulevard (5 min walk)
In the vicinity of the Mall of Sofia (5 min walk), the largest shopping and entertainment zone in the city centre, winner of the architectural award Trade Building of the Year
Walking distance from one of the biggest and busiest night-clubs in Sofia Sin City
Proximity to St. Nedelya Church, Sheraton Hotel and TSUM (15 min walk)
Close to many of Sofia's best hotels, restaurants and entertainment venues
STAMBOLIISKI BRIDGE: KEY FEATURES
24 hour reception & security service
spacious guest lounge
restaurant with approx. 50 seats
luxurious lobby bar
modern design and finish
STAMBOLIISKI BRIDGE: STANDARD OF FINISH
Apartments
High-quality building materials
UPVC triple-glazing
External insulation on all walls for maximum heat protection and efficiency
Luxurious and beautifully finished communal areas
Solid front door and internal doors of MDF
Connection to the central heating and hot water system plus aluminium radiators
Option of finish of bedrooms & living rooms: highest quality laminated floorings
Option of finish of shower and toilets: fully fitted with shower/bath and all accessories, toilet, wash-basin, and the highest quality and latest models of floor & wall tiles
Option of furnishing
Common Parts
coated metal railings to all staircases
fine stoneware tiles on the floors
latex painted walls and ceilings
staircase lighting, private letter boxes, intercom system
Hydraulic elevator
Surrounding Area
direct access road
grassing and decorative road surface around the building
full lighting and pavements
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 extras will include:
good quality MDF front doors included in the price, plywood interior doors
control access with intercom system and opening of the door
central heating system and aluminum radiators included in the price and installed in the apartments
plastered walls and concrete floors. Agains extra payment, there is possibility for completion and choice from a collection of tiles, laminate, colors of the latex paint (look below at price "Fully Finished"). Another options is all materials to be chosen and bought by the owner and the developer can perform the completion upon an invoice.
UPVC white joinery with high-quality profile
installations for telephone landlines, cable television and internet connection
water-meter and electro-meters included in the price
heat-flow gauges not included in the price, but available for installation upon request by the owners against additional sum
In Bulgaria most of the buyers of residential properties, prefer to buy their new property completed to this standard (not-painted walls, unfinished bathrooms - no tiles, no accessories, no lighting), 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"
The developer can offer full finishing and furnishing of the apartments upon request and against additional payment (check the price list).
Buyers who are interested in letting their property should perform full completion works and furnish it to a good specification. We recommend buying on the "Fully finished" option, as the apartment will have the necessarry optimal standard for successful and profitable letting.
FURNISHING
There is an option for all Stamboliiski Bridge apartments to be furnished by our partners at www.Furnish.BG. For full details of the furniture packages, please click here.
Stamboliiski Bridge is a member of the chain APARTMENTS BULGARIA and will be fully managed and serviced by Bulgaria's leading Property Management Company, Property Management BG.
Planned as an apartment complex, Stamboliiski Bridge will function on a year round basis and will welcome mainly Senior Executives and Diplomats living here long-term. Stamboliiski Bridge will provide to its guests all services needed including: laundry, cleaning, home cooking, secretary services, chauffeurs services with luxury limousines, baby-sitting by professionally trained people, transportation services for the families, etc. Stamboliiski Bridge will also be available as a short-term high class accommodation (equal to a four-star city hotel) and will welcome investors, business travelers, participants in company meetings and business seminars and long-term tenants. Designed from the very beginning to offer luxury accommodation, Stamboliiski Bridge will be advertised internationally in the brochures of the leading tour operators providing services in Bulgaria, as one of the trendiest apartment hotels in the capital.
MAINTENANCE OF COMMUNAL AREAS
The annual maintenance fee for Stamboliiski Bridge Apartments is 8 Euros per sq.m. VAT included. Please note that the maintenance charge for the first year of operation is included in the price and will cover the following:
∙ Maintenance of the communal garden and the elevator
∙ Maintenance, cleaning and electricity bills of the common parts (corridors of the block)
∙ Security services
∙ Reception desk services
∙ Standard repairs occurring from the normal use of the building
PROPERTY MANAGEMENT (not compulsory)
Stamboliiski Bridge will be part of APARTMENTS BULGARIA and thus will enjoy 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.
Owners will be charged an annual management fee of 400 Euros and will cover the following services: please, click here.
LETTING MANAGEMENT (not compulsory)
Stamboliiski Bridge 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 city break holidays in Bulgaria and business trips to Sofia.
The main aim of the management will be accommodate and cater for corporate clients on long-term basis. The demand for similar high-class accommodations with full servicing is extremely high at present and will continue to grow now that Bulgaria is a member of the EU and more and more international companies settle their new offices and activities in Bulgaria.
For more information on Management & Letting, please contact our partners at Property Management BG
GENERAL CONDITIONS
It is not necessary to come to Bulgaria in order to reserve an apartment or sign the preliminary contract.
No company is needed to own an apartment in Stamboliiski Bridge.
All owners who rent out their apartments must pay an annual 10% rental income tax. We will collect and pay this for you.
Owners who have a rental contract with Property Management BG can use their apartment whenever they wish, provided that they have notified the booking office in advance. You will be charged only the cleaning costs for staying.
RESERVATION & AGENCY COMMISSION
Any apartment in Stamboliiski Bridge (phase 2) can be reserved by a non-refundable deposit of 5% of the purchasing price, payable into the developers bank account. The buyer is expected to sign a preliminary contact with the development company and to pay the first installment of 25% in 28 days after reservation. We will let you know approximately 14 days in advance when each payment is due.
Bulgarian Properties charges a 3% agency commission calculated on the purchase price of the apartment. The commission is payable to the bank account of the agency, along with the payment of the second instalment.
PAYMENT PLAN
Standard
- 5 % reservation deposit (non-refundable)
- 25 % first installment within 28 days after reservation (+ 3% agency commission)
- 20 % second installment when the construction reaches second floor
- 20 % third installment when the building reaches shell stage
- 10 % fourth installment when the building is being plastered outside (approx. 5 months after the shell stage)
- 20 % fifth installment when the building is completed (Act 15) and the apartment ownership is transferred to the buyer
With 4 % discount
- 5 % reservation deposit (non-refundable)
- 78 % upfront payment within 28 days after reservation - BulgarianProperties commission included
- 20 % final installment when the building is completed (Act 15) and the apartment ownership is transferred to the buyer
PRICES, SIZES, AVAILABILITY (constantly updated and valid!)
VAT included in the price! The total price paid will be fully indicated on your 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.
First Phase of Stamboliiski Bridge: SOLD OUT
Second Phase of Stamboliiski Bridge Apartments
