This page aims to explain the simple process by which you can purchase one of our apartments/properties and the different options available to you.
First choose the resort, development and apartment number that you wish to purchase and then select the payment plan that best suits your needs from the table below.
Contact our sales team to arrange payment of your reservation fee of €1000 (£690 GBP). At this time you will be asked to identify which off plan payment method you prefer (See Note 1). The reservation fee will contribute towards the overall purchase price, however if you withdraw before the preliminary contract is signed, this will be non-refundable.
The following table details the three possible payment options*:
Option |
Reservation Fee |
Preliminary
Contract |
Foundations |
Weather-tight |
Completion |
Discount |
Standard |
Euro 1000 |
25% |
25% |
25% |
25% |
0% |
Delayed |
Euro 1000 |
30% |
0% |
0% |
70% |
** |
Early |
Euro 1000 |
80% |
0% |
0% |
20% |
8% |
* Payment options may vary between developments and Zelnik Properties reserve the right to change or withdraw options at any time.
** Delayed payment will incur a 12% price increase over the Standard Payment option.
Our cost per m2 is the price you will pay for your apartment. We will not ask you to pay extra towards common areas, such as corridors, foyers etc. and we will not reduce the size of your apartment by the amount of such areas. You will find during the course of your research that most other developers will charge you for an apartment size, for example for 75m2, but in actual fact your apartment may be much smaller when common areas (that you will have paid for) are taken into account. We do not think this is acceptable and therefore it is our policy to make all costs, absolutely clear from the outset. Additionally, the price you pay will be the price written on the Title Deed (Notarial Act) (See Note 2).
Off-plan purchasing offers, we believe, excellent investment potential (See Note 3) for the following reasons:
Early purchase offers the investor the prospect of buying an apartment at less than the true market value, since prices rise as soon as construction begins and are likely to continue to rise until completion. Therefore the earlier you invest the better the value that you will secure and the larger the potential return.
Prices have risen steadily for the last few years and are predicted to continue to do so, particularly given the level of investment (both foreign and domestic) into major projects such as ‘Super Borovets’.
Whilst other developers will promise you the world in terms of investment potential, we aim to offer properties that will be unrivalled in the quality of build, location and service. Whether you intend the property to be for your sole use or to take advantage of what will almost certainly be an expanding rental market, we believe that Zelnik Properties can offer you what you are looking for.
Note 1: Not all off-plan options will be available all of the time, but consideration will be given to your requirements where at all possible.
Note 2: Many developers under declare the sale price on the Notarial Act (Title Deed) to lower the VAT payable (currently 20%). Although this practice is widespread and generally accepted we believe this to be of dubious legality and so will include the full VAT requirement in our asking price.
Note 3: Although rental income may be possible, it cannot be guaranteed; therefore clients should only borrow money that they can afford to repay by other means if necessary. Purchasing one of our properties should be seen as an affordable way to own a quality holiday home, which should provide good capital growth in the medium to long-term.
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