Planina Park Sofia

The luxury development Planina Park is located at the foot of Mount Vitosha, in Simeonovo one of the most sought after residential suburbs of Sofia. Planina Park is within a gated luxury residential community, offering a modern European infrastructure consisting of swimming pools, gymnasium, tennis courts, spa centre, hair and beauty salon, pharmacy, medical centre, Internet cafe, shops and restaurants. This gated community offers you a 24 hour live and electronic security surveillance and controlled residential access.

Planina Park is a gorgeous development with spectacular views of Mount Vitosha to the South; with the City of Sofia laying out in front of you to the North and to the West a beautiful landscaped park. The luxurious complex comprises of 13 sections, 5 floors, 190 apartments and an underground parking lot. All the apartments boast a terraced area and fitted kitchen (less the white goods). Once you have selected an apartment you may choose from a number of interior colours and finishes or discuss your own personal preferences, all inclusive in the purchase price.
Planina Park is well positioned to maximise on rental potential from both local and overseas tenants being a 10 to 15 minute drive to the centre of Sofia, 10 minutes from Sofia’s international airport and only minutes away from the cable car that takes you to the Vitosha ski slopes. Planina Park is also only a 5 minute commute to ‘Business Park Sofia’, Sofia’s flagship high-tech business park, which boasts over 300,000 sq meters of prime commercial real estate, currently comprising of 198 companies employing over 5000 people and expanding at a phenomenal rate. The Planina Park development offers you complete peace of mind as it is backed by Lewis Charles Sofia Property UK Fund, an Aim listed investment company who raised over 58 million Euros.

Key Investment Factors:
· Only 10 to 15 minutes from the Centre of Sofia
· Only 10 minutes away from the International Airport of Sofia
· Only a 5 minute commute to ‘Business Park Sofia’
· Within one of the most sought after suburbs of Sofia
· Within the Sofia’s embassy district
· Only 5 minutes from the main Vitosha ski resort gondola
· Guaranteed acceptance on 70% LTV Mortgages with the Developer
· Backed by the Aim listed Lewis Charles Sofia Property UK Fund
· Vitosha National Park, the most visited national park in Bulgaria
· Sofia is the fastest growing city in Bulgaria
· Sofia enjoys a booming economy with unemployment at 2 to 3%
· Sofia is the Economic centre of the Balkan region
· Bulgaria is the latest member of the EU

Payment Terms:
A 1,000 Euro reservation fee will hold your apartment for up to 28 days. This enables you to view the development and do further due diligence prior to signing your contract of purchase (Preliminary Contract). This reservation fee will be refunded by NWPL once you have signed your Preliminary Contract and the funds from your first instalment have cleared.
1st Instalment: 30% of the purchase price, paid upon the signing of the Preliminary Contract
2nd Instalment: 40% upon completion of rough construction, estimated date 1st October 2007
3rd Instalment: 25% upon completions of internal construction, including electrics and plumbing
Final Instalment: 5% upon total completion and Notary transfer, estimated End 2008

Local Area: Simeonovo/Vitosha
Not only is Simeonovo one of the most sought after residential suburbs in Sofia it is also home the main Vitosha gondola station. The gondola takes you 2290 meters up into the eastern slopes of Cherni Vrah the highest peak of Mount Vitosha, which is also the highest ski resort in Bulgaria. The Vitosha ski resort boast one of the longest season running from December through to April and is set amid the beautiful scenery of the Vistosha National Park.
City of Sofia

Sofia has been the capital city of Bulgaria since 1878. The city is located in the southern part of the Sofia valley and at the foot of the mountains Vitosha and Lyulin. The town occurred in the 7th - 8th century B.C. around the mineral spring which is now in the centre of the city. The Romans conquered the town in the 1st century and called it Serfica. In the 9th century it was given the name Sredets. It has been bearing the name of Sofia since the 14th century - the name comes from the name of the church St. Sofia. A great number of monuments of architecture have been preserved, such as the Alexander Nevsky Cathedral, the Ivan Vazov Public Theatre, the Palace of Justice, the churches St. George and St. Sofia etc. Sofia is the major economic, scientific and cultural centre of Bulgaria. In Sofia are the Bulgarian Academy of Sciences, the Public Library, theatres and museums. The city has several beautiful parks, and the slopes of the Vitosha Mountain rise above it.

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