NWPL BULGARIA      

If this is the year that you intend to snatch up that holiday home under the sun that you have been dreaming and thinking about for so long, check our brand new development of finest selection apartments …

FIRST-LINE POSITION … 99.9% SEA VIEWS … FULLY FINISHED

Sirena Apartment Complex is a seaside beauty currently being constructed in a prime position just 20 metres from the sand beach in the heart of Golden Sands - one of the most opulent resorts in the Northern part of the Black Sea Coast.

The sumptuous 7-storey waterfront development will be divided into five sections of apartments and one section of shops. Each residential section will have a separate lobby and an elevator, while the apartments will vary from 60 to 190 sq.m of living area, all of them enjoying unobstructed sea views.
Whether you are looking for a healthy capital investment or you simply want to treat yourself with the sensational beach lifestyle and the wonderful panoramic sea view, Sirena Apartments can be your ideal new holiday home.

Scheduled date for completion of construction works:
31st August 2007
The apartments will be available for the 2008 season

Sirena Apartments: the Pros & Cons
• The Pros: simply too many to list, but we should mention: the large number of apartments, the diversity of size and layout, the proximity to the beach and the unobstructed sea views, and of course – the excellent potential for renting out to tourists and holidaymakers.
• The Cons: maybe you should always reserve a table at the restaurant as thanks to its location it will be full all the time.

Sirena Apartments: Standard of Finishing
The complex will have solid, brick-built structure and stone-panelled common parts. Each residential section will be thermo-insulated and the apartments will be finished with tiled and laminated floors and 3-layer glazed windows and doors.
The complex will have 24-hour security service.

Golden Sands: Key features of the resort, winner of the Blue Flag international award
• Only 18 km north from the city of Varna and the airport there
• Declared a protected territory back in 1943, Golden Sands covers a territory of 177,13 hectares
• The beach starts at the foot of the forest - it is 3.5 km long, flat and up to 100m wide in places - and is known as one of the best sand beaches in Europe. The sandy bottom slopes gently into the sea and so there are no rocks, ledges or unpleasant drops. It is ideal for scuba diving and vacationing with children.
• The climate is mild, temperate continental and similar to that in the popular Mediterranean resorts. The average daytime temperature during the summer months is: air: 27 °?, sea water: 24°?
• There are numerous restaurants and bars, sports and entertainment facilities. The first aqua-park of its kind in the country - Aquapolis offers an area of 40 000 sq.m; and combines a natural park environment with a number of artificially created elements - pools, water slides, elevations etc.
• For the children, Golden Sands organises a full programme of sports events, games, kids’ discos and meetings with favourite cartoon characters
• For the adults, many festivities and cultural events in the renovated Amphitheater, namely: Formal opening of the holiday season and International Children’s Festivals in June, Concerts of folk groups during May-September, Outdoor music concerts of jazz, evergreen, brass formations during June-September, Golden Sands Days in the first week of August and International Meeting of Twins in September.

FURNISHING
All properties are offered for sale nicely finished. Along with the fully fitted kitchen, the furniture packages for rental apartments will include everything necessary for the apartment to be lived in and rented out to tourists:
• Beds, cupboards, dressing tables, bedside lighting
• Cooker, microwave, fridge, kettle, toaster
• Pots, pans, cutlery, crockery, kitchen implements
• Dining table and chairs
• Easy chairs and a sofa (which converts to a sofa bed)
• Linen, towels, bedding etc
• TV’s in each room, a HiFi system with CD and MP3 player
• Table lights
• And everything else needed to make the apartment ready to rent

PROPERTY MANAGEMENT & RENTAL
The investors of Sirena Apartments shall offer Property Management and Rental.

GENERAL CONDITIONS
• It is not necessary to come to Bulgaria in order to reserve an apartment or sign the preliminary contract.
• No company is needed to own an apartment in Sirena Apartment Complex.

RESERVATION & AGENCY COMMISSION
Any apartment in Sirena Apartment Complex can be reserved by a non-refundable deposit of 5% of the purchasing price, payable by credit card (VISA, MasterCard) or bank transfer to the bank account of the developer. The buyer is expected to sign a preliminary contact with the development company and to pay the first installment within 28 days after reservation.
BulgarianProperties charge 3% agency commission for Sirena Apartments, payable when the first instalment is due.

PAYMENT PLANS
• 2000 Euros reservation deposit (non-refundable), which sum shall be deducted from the first instalment.
• 70% first instalment within 14 calendar days after reservation on signing the Preliminary contract
• 30% third instalment when the building is completed (Act 15) and after that the apartment ownership is transferred to the buyer

PRICES, SIZES, AVAILABILITY (constantly updated and valid!)
All Sirena Apartments will be completely finished with VAT included in the price. The total price paid will be fully indicated on your title deeds. Every owner of property in Bulgaria pays an annual real estate tax and local communal tax the amount of which depends on the size of the property.

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