Holiday apart-hotel complex near Bansko, next to famous Ian Woosnam Golf course

Corona Resort an exclusive development, situated at the foot of the Pirin Mountains in the Razlog Valley beside the site of an 18 hole Golf course and one step away from Europe's most improved ski resort of Bansko. Corona Resort will consist of spacious Studio, 1&2 Bedroom apartments. Property management service can be offered to owners at completion to provide excellent rental returns. “Corona Resort” 4* will be built to the highest quality standards including all the facilities which rate it as a four star plus luxury complex:

• Indoor/Outdoor heated pool
• Children's Paddle Pool 
• Spa and Wellness Centre 
• Sauna 
• Steam Room 
• Jacuzzi 
• Massage 
• Poolside bar 
• Fitness Centre 
• Aerobic 
• Weights area 
• International cuisine Restaurant - internal/external with open barbecue 
• Coffee Bar internal/external. 
• Internet business centre 
• Shops 
• Reception Area 
• 24 Hour Room Service 
• Property management 
• Travel agency 
• Car Hire Facilities 
• Shuttle Bus to Bansko. 
• Ski Equipment Storage Facility 
• Laundry and dry cleaning Area 
• WiFi Internet Access 
• Satellite TV Connections 
• Fire Alarm System 
• Generous Sized Apartments 
• Private Terraces 
• Individual Private Spacious Landscaped Garden Areas (selected units) 
• Parking Spaces 
• Elevators 
• Secure Entrance/Exit 
• 24 Hour Security (CCTV)
  

Holiday apart-hotel complex near Bansko, next to famous Ian Woosnam Golf course

Bansko is one of the most modern ski resorts in Europe. It has attracted exceptional tourist and investors’ interest in the last 4 years.

MyBgProperties is presenting a regulated plot of land, strategically located in Razlog Valley, near Bansko and overlooking the 27 holes championship class golf course designed by Ian Woosnam.

“Corona Resort” 4* apart-hotel is a spectacular & luxurious development project, located on the plot of land with total size 4,500 sq. m and GFA 7,995 sq. m.

The full architectural project has already been elaborated and the project has achieved all the permissions for developing.

MyBgProperties is seeking investors interested in buying the plot with the project at a price of € 470’000.

The sale includes the land, architectural project, full package of marketing materials and official web-site of the project.

Projected Financial Summary

TECHNICAL SPECIFICATIONS OF THE PROJECT:

Land plot area – 4,500 sq. m
Building Density – 30%
KINT – 1.5
Number of floors – 5
Height – 13 meters
Total Spread Build Up Area - 7,995 sq. m

 Land plot area – 4,500 sq. m
Building Density – 30%
KINT – 1.5
Number of floors – 5
Height – 13 meters
Total Spread Build Up Area - 7,995 sq. m

I. INVESTMENT:

1) Initial Investment of € 470,000 includes the following expenses already paid:
Land Acquisition
Brokerage Fees
Legal Fees
Government and Notary Tax
Marketing Package:
Web Site

Brochures
Leaflets
3D Modeling
Animation movie about the project
Architects’ Fees

2) Expenses follow the acquisition - € 3,859,957 including:
Site Preparation
Construction cost
Landscaping

3) Projected Sales and Marketing costs – € 983,340

TOTAL INVESTMENT: (1+2+3) € 5’313’297

II. TOTAL REVENUE

1) Sales of apartments – € 8,210,400
2) Sales of Parking spaces- € 60’000
3) Sale of commercial areas (restaurant/office/café-bar/shops) – € 1,563,000


TOTAL REVENUE: (1+2+3) € 9,833,400

III. GROSS PROFIT: (II-I) € 4’520’103
Return on Investment / ROI /: 85.07 %

 Floor Plans:

1st floor Corona Resort

2nd floor Corona Resort

3th floor Corona Resort

4th floor Corona Resort

5th floor Corona Resort

Corona Resort basement