The Savings!
How much will I save with Privateseller.ie's Standard Service (€199)?
|
Congratulations!
You stand to save
by using our Standard Service
|
|
|
|
|
| |
 Loading image. Please wait
| Photos |
 |
Virtual Tours |
|
Floor plan |
|
YouTube |
|
Mount View |
ID 6395
|
| Apartment |
| Bedrooms: |
|
| Bathrooms: |
|
| Floor area: |
|
| Year built: |
|
|
|
| Address: |
Mount View
Sofia
Bulgaria |
| Sale / Rent: |
For sale |
| Status: |
Available |
| Price: |
€ 127,577
|
|
|
|
|
Detailed Description
|
Mount View
Sofia
Bulgaria
Apartments
From €127,577
1 Bed Apartment - from €127,577
2 Bed Apartment - from €164,976
Mount View Sofia is a truly elite development of luxury apartments, combining the most up-to-date construction technologies with a multitude of services and equipment to offer Sofia’s most exciting investment opportunity.
The developer of Mount View Sofia has strived to create a truly international standard of style and finish, by sourcing design experts from the UK and incorporating years of experience into the architecture and landscaping. This can be seen by the high specification of finishing and technology proof living for the future. All the apartment prices are Inclusive of 20% VAT with the full value declared on the Notary Deed.
Mount View development is ideally positioned for year round rentals from both the expanding expat market as well as the professional domestic market.
» Strategic location to Business Park Sofia
» Excellent access to Central Sofia - 10 minute drive
» Vitosha Ski Field gondola is 7 minutes away
» Easy access to the airport
» Close to Sofia Zoo and Hunter Park
Details:
Mount View Sofia comprises of 128, 1 & 2 bedroom apartments united in two sections, A and B.
Building A consists of three sections, A, B & C. Each section will have an individual entrance from the street and a lift with direct access to the underground car parking.
Building B consists of six sections, A, B, C, D, E & F. Each section will have an individual entrance from the rear of the building and a lift with direct access to the underground car parking
Facilities:
» Facilities focused on the business professional
» Prime Location
» Outdoor heated swimming pool and seperate children's pool for patrons’ use all year round
» Fitness Centre with Sauna
» Children's Play Area
» Controlled access underground garages (a minimum of one garage allocated to each apartment)
» Additional free storage between 4 & 6 sq.m. located adjacent to each apartments allocated undergroung car parking garage
» Lifts to all floors including direct access to underground car park
» Private gated complex with 24-hour security service
» Luxury finish including fully furnished bathrooms and kitchen with white appliances
» Private Balconies with views of city and mountains
» Broadband connection
» Central controlled air-conditioning system supplying air conditioning throughout the apartments without the need for a standard localised unit on balcony
» Gas central heating
» On site property management
» Car wash bay at the underground parking
1. Type of building - solid, with central heating and hot water supply, with heat-insulated columns, concrete (floor) slabs and external walls, with guaranteed quality of the materials in accordance with the Bulgarian State Standard.
2. This is a general specification, details of installations and interior design will be prepared by London Sofia Property. The project will be delivered to a luxury standard to the following or better quality specification:
Building:
Construction type: Monolithic
Structure: Reinforced concrete no frame
Structural height between floors:2.85m
Clearance height in apartments: 2.60m
Roof: Flat, hydro-insulated, soundproofed
Façade walls: Ventilated thermo-façade, frost-moisture- and UV-resistant
Side/Inner walls: Thermo-insulating tiles, textile mesh, finishing structural paint
Stairs and landings: Fully finished, tiled
Apartments:
Electricity, Water, Sewerage, Heating and Ventilation and Communications: Heating, Ventilation, Water and Sewerage are with PVC pipes, and Heating and Ventilation is with Collection box. Cable TV with video-on-demand possibilities in each room; ISDN internet in apartments; telephone outlets in rooms.
Lounge:
Walls: Plaster and latex paint finish
Ceilings: Plaster and latex paint finish
Floors: Cement with sound insulation underneath
Floor coverings: Timber flooring
Bedrooms:
Walls: Plaster and latex paint
Ceilings: Plaster and latex paint
Floors: Cement with sound insulation underneath
Floor coverings: underlay and carpet.
Kitchen and Dining Room:
Walls and Ceilings: Plaster and latex paint finish
Floors: Cement with sound insulation underneath
Floor coverings: Timber flooring, terracotta
Kitchen: Fitted kitchen with sink and hardware. All kitchens will come equipped with white goods including: dishwasher, refridgerator, stove top, range, and oven.
Balconies: According to project, weatherproof outdoor tiles with hydro-insulation, inox handrails and glazing
Corridors:
Walls and Ceilings: Plaster and paint
Floor: Cement with sound insulation underneath
Floor coverings: granite or marble tiles
Bathroom and WC:
Ceilings: Whitewash/Limestone
Floors: Cement with terracotta tiles
Walls: Whitewash/Limestone, and tiled.
Bathroom fittings: Toilets, sinks, taps, bath and shower.
Internal Masonry: Agreed with the CONTRACTOR up to 20 days, after the concrete floor slab of the ceiling of the apartment is finished
Light Fittings: Down lights throughout the apartment. All light fittings and switches will be supplied.
Doors:
Front door: triple lock, adjustable steel-plated door
Interior doors: Standard flush panel door with hardware.
Windows: PVC, five-chamber glazing German standard window panes, opening as per project ( one window in every room with two stage opening) , internal sills
Heaters and air conditioning: Panel, aluminum heaters with thermostats, centrally located air conditioning units or combination units.
Stairwells and landings and garages:
Floors: Waterproof tiles or marble tiles
Walls and Ceiling: Latex paint
Lift: OTIS or equivalent technology brand; EU standards compliant; safety features, incl. “get down & door open” in case of incident or power cut; no LMR
Garage Cell: Automatic Doors for underground parking spaces
Door: Metal Rolling Door
Floor: Concrete floor
Walls and Ceilings: Whitewash/limestone
Storages and systems:
Floors: Concrete
Walls and Ceiling: Render
Door: provided
Security system: Manned 24 hour security; video cameras; video-phone gate unlocking system for visitor access to each block.
Fire-alarm system: Press-button system in landing area, connected with security; automatic fire-detection and alarm system in underground garage areas.
Installations:
Electricity – equipped with two-rate meters
Water and Sewerage- equipped with water meters for hot and cold water, heating, telephone cables, doorbell, and intercom, aerial wiring according to the Bulgarian State Standard, all internal and communication wiring supplied with permissions for use.
Built vertical planning according to the project of the Developer – fence, garden lights, footpaths and patios. Additional monthly costs for garden maintenance and security will be subject to a separate Annex to the Preliminary Contract.
Rental yields in the city have been improving and are fuelled by foreign corporate investment in the capital. Agents in the city have indicated that corporate lets and migrating Bulgarians from other parts of the country are boosting the rental demand, a trend set to continue as further investment is made in the city. Agents have indicated that investors should expect a 6.5% rental yield. The legal and financial sectors in Bulgaria are becoming more established, offering improving mortgage vehicles and a stable purchasing structure. Typically new build acquisitions are funded by stage payment purchasing but Mount View development exclusively offers one initial deposit of 35% with no further funds required until completion. Unlike many Bulgarian built apartment blocks, the Mount View development will offer an exceptional finish throughout, including kitchens, bathrooms and light fittings.
The Bulgarian Economy is growing steadily - Strong growth in industrial production, employment and credit has resulted in high GDP growth over the last few years. The economy has grown at an average rate of 6.3 % over the last five years and despite this, inflation has been reduced to the low level of 5 % in 200 6 . Foreign direct investment (‘FDI’) into Bulgaria has increased on a year on year basis over the past three years. FDI reached US$ 4 .4 billion in 200 6 from US$ 2 . 2 billion in 200 5 ( 100 % increase). The FDI for 2007 will top US$ 5 billion in 2007. The growth in the Bulgarian economy should underpin a strong property market and lead to increased Bulgaria property prices.
The Bulgarian property market is characterized by poorly clarified regulatory and tax policy resulting in inconsistent implementation and varying valuations (both market related and tax based); all of which if misunderstood may result in potential tax liabilities in future periods combined with lower debt/equity borrowing facilities been available to the acquirer. In this section we attempt to clarify and demystify the situation.
Bulgarian Corporate TaxOperating subsidiaries in Bulgaria in the form of special purpose vehicles ('SVPs') will be subject to tax in Bulgaria on their taxable profits at the rate of 1 0 %. Since the beginning of 2007 corporation tax has been reduced for 15% to 10%. Under the 1990 E uropean C ommission Directive 90/435/EEC, dividend payments by a subsidiary in one member state eg Bulgaria to a parent in another eg the UK, will not be subject to withholding tax, subject to the parent holding at least 25% of the share capital of the subsidiary. Credit will continue to be available in the UK for any underlying tax suffered in Bulgaria.
Foreign ownership in Bulgaria: Under the Bulgarian act on Foreign Ownership, foreigners are not allowed to own land but may own buildings. Foreigners can however own land by setting up a Bulgarian company to hold the Bulgarian property for them. The situation is summarised below:
· No land ownership for foreigners in Bulgaria.
· Buildings can be owned by foreigners.
· Foreigners wishing to own land can do so through a company.
· Bulgarian company incorporation costs less than £500.
· Bulgaria’s ownership policy will be harmonised with the EU in the future.
· We recommend company ownership for security of your investment.
|
|
|
| |
| Listed By:
Property TV |
Try financing this property with  |
|
| |
|
|
| |
|
|
|
Buy Property 
