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Ref No. Vis230108    
Located in: Pamporovo, Bulgaria




Key Points

  • Fantastic Views Of The Surrounding Area
  • Fitness and Spa Facilities
  • Sports Facilities including Archery
  • Bar and Restaurant
  • Free Shuttle Bus Service


Prices From: 23,441.00 EUR

       
       
  • Description
  • Investment Projection
  • Area Info
  • Prices And Availability
  • Images
  • Floorplans

The comfortable VISTAS OF PAMPOROVO Complex is located close to the picturesque village of Levochevo situated 6km from Smolyan and 4km away from Pamporovo, at approximately 1,000m above sea level among peaks covered with coniferous and deciduous forests. The view from the location carefully selected reveals the Rhodope Mountains in their incomparable beauty - infinite landscape and soft hills and valleys.

The ensemble consists of six buildings holding 180 apartments in total, with areas of 38 to 130m². All Apartments are equipped with a kitchenette, a bathroom with a shower bath, satellite TV and telephone. Each apartment shall be furnished at the request of it's owner. Each apartment has a uniwue view of Rhodopes, Pamporovo and the pine trees that surround them.

Investment Projection Bulgarian properties, especially those located in resort areas have enjoyed excellent capital growth over the last few years. Tourism has seen an increase this year already and the newly expanded Sofia Airport has already reached it’s capacity nearly 2 years early. (information from Sofia Echo)

Potential Capital Appreciation per annum 14.00% Conservative estimate from various published sources

Potential Rental Income per annum 6.00% for the first 2 years. Additional prediction for following years of 10% returns based on 45,000 EUR apartment over 20 weeks at 230 EUR per week.

Why Invest in this Location?
Falling unemployment
One of the lowest costs of living in Europe
Recently entered in to the EU
Government is committed to increasing tourism and foreign investment
The mountains offer skiing in winter and glorious walking, climbing and outdoor pursuits in summer
Tourism sector has flourished in recent years, leading to an increase in demand for accomodation
Increase in foreign direct investment - new hotels being built & renovated
Property is very affordable compared to EU standards
Economy is stable and thriving
Huge tourism growth potential
Short flight times from Europe
Considered one of the most rapidly advancing countries in Europe

The information below is to help you see at a glance how investing in a “Buy to Let” property can not only cover your expenses but make you money both in rental income and capital growth. This information is based on an average type of apartment, rented for only 26 weeks of the year and at a low weekly rent in a Bulgarian resort. Working on these figures you should be able to achieve rental targets and financial rewards.


Studio Apartment
Purchase Price 45,000 euros
Purchase Costs 2,000 euros
Furniture Pack 4,000 euros
Total Outlay 51,000 euros


Year
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
                     
Rental Income with 7% increase PA
9100
9737
10418
11147
11928
12763
13566
14612
15635
16730
Maintainance with 10% increase PA
350
385
423
465
512
564
620
682
750
825
Management Service at 10%
910
973
1041
1114
1192
1276
1356
1461
1563
1673
Water + Electric
900
900
900
900
900
900
900
900
900
900
New Furniture Pack
     
5000
     
6000
   
                     
Balance At Year End
6940
7479
8054
3668
9324
10023
10690
5569
12422
13332
                     
Total Banked
6940
14419
22473
26141
35465
45488
56178
61747
74169
87501
                     
Capital Growth Based on 14% PA
51300
58482
66669
76003
86643
98773
112602
128366
146337
166824

Total Return on Investment Over 10 years 254,325 euros
(87,501 euros Rental Income, 121,824 Capital Growth, Initial Purchase Price 45,000)


With A Mortgage of 70% based on the interest rate of 6.75
Mortgage Term: 10 Years
Interest rate: 6.750%
Loan amount: 31,500.00 euros
Total Outlay 361.70 euros a month


Year
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
                     
Rental Income with 7% increase PA
9100
9737
10418
11147
11928
12763
13566
14612
15635
16730
Maintainance with 10% increase PA
350
385
423
465
512
564
620
682
750
825
Management Service at 10%
910
973
1041
1114
1192
1276
1356
1461
1563
1673
Water + Electric
900
900
900
900
900
900
900
900
900
900
New Furniture Pack
     
5000
     
6000
   
Mortgage Repayments
4340
4340
4340
4340
4340
4340
4340
4340
4340
4340
                     
Balance At Year End
2600
3139
3714
-672
4984
5683
6350
1229
8082
8992
                     
Total Banked
2600
5739
9453
8781
13729
19412
25762
26991
35073
44065
                     
Capital Growth Based on 14% PA
51300
58482
66669
76003
86643
98773
112602
128366
146337
166824

Total Return on Investment Over 10 years 210,889 euros - Deposit and Costs Paid 19,500 euros
(44,065 euros Rental Income, 121,824 Capital Growth, Initial Purchase Price 45,000,)

Welcome to the beautiful and hospitable Rhodope Mountains. Since ancient times they have been a source of legends and stories told through the centuries. This is the cradle of the mythical singer Orpheus. Here was born the song which, together with Beethoven's 9th Symphony, flies through space, looking for contact with alien intelligence. Magnificent pine forests, green meadows and mountain peaks bathed in sunlight – these are the incredible Rhodope Mountains you will never forget. Not will you forget the Rhodope the Rhodope people – their hospitality and the delicious dishes they will make especially for you. The mountain people will meet you with open arms, will sing you the songs they grew up with, and will say goodbye to you as though you were their best friend.

“ The one that sings bears no evil” is an old Bulgarian proverb. And all the Rhodope's people sing – that is why goodness, peace and tranquillity is in their souls.

Pamporovo, the pearl of the Bulgarian mountain resorts, nests in the heart of the Rhodopes, 260 km from the capital Sofia, and 85 km south of the city of Plovdiv.

One day on the slopes of Pamporovo is enough to give you a nice golden tan. There are more than 120 sunny days and average snow layer of 140-150 cm. And the temperature never fall below – 7 C.

The climate in winter is moderate/mild with a Mediterranean influence. Typical of this region is that nature does not change its moods abruptly, there is no danger of avalanche, and that guarantees the tranquillity and safety of your vacation. If you cannot ski, this is not a tragedy, the ski-school in Pamporovo is one of the best in Europe. Highly qualified instructors, speaking at least two foreign languages, train the beginners, in groups or individually. Specialists will help you to make the snow-board a part of your body. The Pamporovo resort is recommended by the experts as a good place both for the beginners and for experienced skiers. The mountain with its rounded forms is friendly, even to children.

And if you are experienced skiers, you will fly down the slopes and your vacation will be unforgettable.

The ski tracks of Pamporovo have all degrees of difficulty. Most of the tracks start from the very peak. There are three cross-country runs in Pamporovo. In the 9 ski-wardrobes near the tracks, you can find over 2000 ski outfits and equipment, snow-boards and sleighs. Skiers who bring their own equipment can also use these wardrobes for safe keeping.


Click The Apartment Number To View Floorplans
Apt No.
Block
Floor
Type
Beds
Baths
Built m²
Communal m²
Price
Status
12
A
3
Apartment
1
1
44.51 m²
0 m²
48,093.00 EUR
Available
13
A
3
Apartment
Studio
1
26.57 m²
0 m²
31,219.00 EUR
Sold
15
A
3
Apartment
Studio
1
37.76 m²
0 m²
41,360.00 EUR
Available
18
A
4
Apartment
1
1
44.51 m²
0 m²
49,138.00 EUR
Available
19
A
4
Apartment
Studio
1
26.57 m²
0 m²
31,884.00 EUR
Sold
21
A
4
Apartment
Studio
1
37.76 m²
0 m²
42,420.00 EUR
Available
24
A
5
Apartment
Studio
1
44.51 m²
0 m²
49,138.00 EUR
Available
25
A
5
Apartment
Studio
1
26.57 m²
0 m²
31,884.00 EUR
Available
26
A
5
Apartment
1
1
64.93 m²
0 m²
72,944.00 EUR
Available
27
A
5
Apartment
Studio
1
37.76 m²
0 m²
42,240.00 EUR
Available
30
A
6
Apartment
2
1
66.37 m²
0 m²
65,460.00 EUR
Available
31
A
6
Apartment
2
1
64.97 m²
0 m²
70,272.00 EUR
Available
32
A
6
Apartment
2
1
89.83 m²
0 m²
103,848.00 EUR
Available
33
B
1
Apartment
Studio
1
32.44 m²
0 m²
35,684.00 EUR
Available
33A
B
1
Apartment
Studio
1
31.72 m²
0 m²
34,892.00 EUR
Available
34
B
1
Apartment
1
1
52.11 m²
0 m²
57,321.00 EUR
Available
35
B
1
Apartment
Studio
1
21.31 m²
0 m²
23,441.00 EUR
Available
36
B
1
Apartment
1
1
37.38 m²
0 m²
41,118.00 EUR
Available
39
B
2
Apartment
Studio
1
37.75 m²
0 m²
41,360.00 EUR
Available
40
B
2
Apartment
1
1
64.94 m²
0 m²
71,921.00 EUR
Available
41
B
2
Apartment
Studio
1
26.58 m²
0 m²
31,231.00 EUR
Available
42
B
2
Apartment
1
1
52.89 m²
0 m²
52,336.00 EUR
Available
43
B
2
Apartment
2
1
64.70 m²
0 m²
77,640.00 EUR
Available
45
B
3
Apartment
studio
1
37.75 m²
41,360.00 EUR
Available
46
B
3
Apartment
1
1
64.94 m²
71,921.00 EUR
Available
47
B
3
Apartment
studio
1
26.58 m²
31,231.00 EUR
Available
49
B
3
Apartment
2
1
64.70 m²
79,257.00 EUR
Available
51
B
4
Apartment
studio
1
37.75 m²
42,240.00 EUR
Available
52
B
4
Apartment
1
1
64.94 m²
73,484.00 EUR
Available
53
B
4
Apartment
studio
1
26.58 m²
31,896.00 EUR
Available
55
B
4
Apartment
2
1
64.70 m²
80,875.00 EUR
Available
57
B
5
Apartment
studio
1
37.75 m²
42,240.00 EUR
Available
58
B
5
Apartment
1
1
64.94 m²
73,484.00 EUR
Available
59
B
5
Apartment
studio
1
26.58 m²
31.90 EUR
Available
61
B
5
Apartment
2
1
64.70 m²
82,492.00 EUR
Available
63
B
6
Apartment
studio
1
38.34 m²
43,316.00 EUR
Available
64
B
6
Apartment
2
1
64.93 m²
70,224.00 EUR
Available
65
B
6
Apartment
1
1
78.30 m²
79,584.00 EUR
Available
70
C
2
Apartment
2
1
69.90 m²
88,704.00 EUR
Available
73
C
2
Apartment
1
1
64.93 m²
87.70 EUR
Available
76
C
3
Apartment
2
1
69.90 m²
88,704.00 EUR
Available
77
C
3
Apartment
1
1
50.86 m²
62,964.00 EUR
Available
78
C
3
Apartment
studio
1
37.74 m²
50,336.00 EUR
Available
79
C
3
Apartment
1
1
64.93 m²
89,418.00 EUR
Available
82
C
4
Apartment
2
1
69.90 m²
90,552.00 EUR
Available
91
C
5
Apartment
1
1
64.93 m²
92,857.00 EUR
Available
93
C
6
Apartment
1
1
66.85 m²
82,566.00 EUR
Available
94
C
6
Apartment
1
1
68.61 m²
72,495.00 EUR
Available
95
C
6
Apartment
2
1
94.44 m²
121,550.00 EUR
Available
96
C
6
Apartment
1
1
64.93 m²
87,852.00 EUR
Available
85
C`
4
Apartment
1
1
64.93 m²
91,137.00 EUR
Available
100
D
1
Apartment
studio
1
39.18 m²
44,140.00 EUR
Available
97
D
1
Apartment
studio
1
37.74 m²
45,665.00 EUR
Available
98
D
1
Apartment
1
1
64.93 m²
73,941.00 EUR
Available
101
D
2
Apartment
1
1
37.00 m²
50,875.00 EUR
Available
102
D
2
Apartment
studio
1
37.76 m²
44,528.00 EUR
Available
103
D
2
Apartment
1
1
64.93 m²
77,343.00 EUR
Available
104
D
2
Apartment
studio
1
26.58 m²
34,354.00 EUR
Available
105
D
2
Apartment
studio
1
39.18 m²
46,147.00 EUR
Available
106
D
2
Apartment
2
1
69.76 m²
92,125.00 EUR
Available
107
D
3
Apartment
1
1
50.86 m²
66,478.00 EUR
Available
108
D
3
Apartment
studio
1
37.76 m²
45,496.00 EUR
Available
109
D
3
Apartment
1
1
64.93 m²
79,062.00 EUR
Available
110
D
3
Apartment
studio
1
26.58 m²
35,085.00 EUR
Available
111
D
3
Apartment
studio
1
39.18 m²
47,150.00 EUR
Available
112
D
3
Apartment
2
1
69.76 m²
93,967.00 EUR
Available
113
D
4
Apartment
1
1
50.86 m²
67,782.00 EUR
Available
114
D
4
Apartment
studio
1
37.76 m²
46,464.00 EUR
Available
115
D
4
Apartment
1
1
64.93 m²
80,781.00 EUR
Available
116
D
4
Apartment
studio
1
26.58 m²
35,085.00 EUR
Available
117
D
4
Apartment
studio
1
39.18 m²
48,153.00 EUR
Available
118
D
4
Apartment
2
1
69.76 m²
95,810.00 EUR
Available
119
D
5
Apartment
1
1
50.86 m²
67,782.00 EUR
Available
120
D
5
Apartment
studio
1
37.76 m²
46,464.00 EUR
Available
121
D
5
Apartment
1
1
64.93 m²
80,871.00 EUR
Available
122
D
5
Apartment
studio
1
26.58 m²
35,085.00 EUR
Available
123
D
5
Apartment
studio
1
39.18 m²
48,153.00 EUR
Available
124
D
5
Apartment
2
1
69.76 m²
95,810.00 EUR
Available
125
D
6
Apartment
2
1
94.84 m²
122,750.00 EUR
Available
126
D
6
Apartment
1
1
63.65 m²
76,401.00 EUR
Available
127
D
6
Apartment
1
1
66.86 m²
73,392.00 EUR
Available
128
D
6
Apartment
1
1
68.74 m²
78,559.00 EUR
Available
129
E
1
Apartment
1
1
52.65 m²
70,946.00 EUR
Available
130
E
1
Apartment
1
1
52.12 m²
70,231.00 EUR
Available
131
E
1
Apartment
studio
1
21.31 m²
29,301.00 EUR
Available
132
E
1
Apartment
1
1
38.28 m²
53,687.00 EUR
Available
133
E
1
Apartment
1
1
45.40 m²
56,182.00 EUR
Available
134
E
2
Apartment
1
1
44.54 m²
57,567.00 EUR
Available
135
E
2
Apartment
studio
1
37.59 m²
51,686.00 EUR
Available
136
E
2
Apartment
1
1
65.10 m²
89,512.00 EUR
Available
137
E
2
Apartment
studio
1
26.60 m²
37,306.00 EUR
Available
138
E
2
Apartment
1
1
43.99 m²
61,695.00 EUR
Available
139
E
2
Apartment
1
1
63.32 m²
78,358.00 EUR
Available
140
E
3
Apartment
1
1
44.54 m²
58,792.00 EUR
Available
141
E
3
Apartment
studio
1
37.59 m²
52,719.00 EUR
Available
142
E
3
Apartment
1
1
65.10 m²
89,512.00 EUR
Available
143
E
3
Apartment
studio
1
26.60 m²
37,306.00 EUR
Available
144
E
3
Apartment
1
1
43.99 m²
61,695.00 EUR
Available
145
E
3
Apartment
1
1
63.32 m²
81,841.00 EUR
Available
146
E
4
Apartment
1
1
44.54 m²
58,792.00 EUR
Available
147
E
4
Apartment
studio
1
37.59 m²
53,753.00 EUR
Available
150
E
4
Apartment
1
1
43.99 m²
62,905.00 EUR
Available
151
E
4
Apartment
1
1
63.32 m²
81,841.00 EUR
Available
153
E
5
Apartment
studio
1
37.59 m²
53,753.00 EUR
Available
156
E
5
Apartment
1
1
43.99 m²
62,905.00 EUR
Available
157
E
5
Apartment
1
1
63.32 m²
83,582.00 EUR
Available
159
E
6
Apartment
studio
1
38.34 m²
55,881.00 EUR
Available
160
E
6
Apartment
1
1
64.93 m²
92,850.00 EUR
Available
161
E
6
Apartment
2
1
142.42 m²
203,661.00 EUR
Available
162
F
1
Apartment
1
1
45.32 m²
56,083.00 EUR
Available
163
F
1
Apartment
1
1
38.33 m²
51,650.00 EUR
Available
164
F
1
Apartment
1
1
52.62 m²
70,905.00 EUR
Available
176
F
1
Apartment
1
1
65.57 m²
93,765.00 EUR
Available
165
F
2
Apartment
2
1
68.21 m²
86,285.00 EUR
Available
166
F
2
Apartment
1
1
65.67 m²
90,296.00 EUR
Available
167
F
2
Apartment
1
1
64.90 m²
89,237.00 EUR
Available
168
F
2
Apartment
studio
1
37.61 m²
52,748.00 EUR
Available
169
F
2
Apartment
1
1
44.54 m²
57,567.00 EUR
Available
170
F
3
Apartment
2
1
68.21 m²
88,161.00 EUR
Available
171
F
3
Apartment
1
1
65.67 m²
91,961.00 EUR
Available
172
F
3
Apartment
1
1
64.90 m²
91,022.00 EUR
Available
173
F
3
Apartment
studio
1
37.61 m²
53,782.00 EUR
Available
174
F
3
Apartment
1
1
44.54 m²
58,792.00 EUR
Available
175
F
4
Apartment
2
1
68.21 m²
88,161.00 EUR
Available
176
F
4
Apartment
1
1
65.57 m²
93,765.00 EUR
Available
177
F
4
Apartment
1
1
64.90 m²
92,807.00 EUR
Available
178
F
4
Apartment
studio
1
37.61 m²
54,816.00 EUR
Available
179
F
4
Apartment
1
1
44.54 m²
58,792.00 EUR
Available
180
F
5
Apartment
2
1
68.21 m²
90,037.00 EUR
Available
183
F
5
Apartment
studio
1
37.61 m²
54,816.00 EUR
Available
184
F
5
Apartment
1
1
44.54 m²
58,792.00 EUR
Available
185
F
6
Apartment
2
1
145.85 m²
208,566.00 EUR
Available
186
F
6
Apartment
1
1
64.93 m²
94,635.00 EUR
Available
187
F
6
Apartment
studio
1
38.34 m²
56,934.00 EUR
Available
188
F
6
Apartment
1
1
45.15 m²
62,081.00 EUR
Available