location

Central Park Resort I is located in the vicinity of Bulgaria's largest economic, administrative, educational and cultural center - only 8 miles away from downtown Sofia. At the same time, the usual shortcomings of capitals, such as rushing crowds, loud noise, hard pressing traffic, and pollution, are simply left away.

Our convenient location, however, provides wonderful communication links and extremely handy access to main roads. Bulgaria's longest highway ("Trakia") is only 500 m away and Sofia International Airport is only 9 miles away.

the project

Central Park Resort I occupies an area of 20 200 sq. m and comprises 15 modern residential buildings. Each building includes between 20 to 26 apartments of various size and disposition. the total number of the apartments is 372 with different area and disposition.

The residential complex offers a great number of 1-, 2- and three-bedroom apartments with a choice of square surfaces. There is an attic room to each apartment. Free parking places for the residents!

Central Park Resort I caters for a full-value modern life: commercial and spa center, fitness and indoor swimming pool, supermarket and shops, medical centre and reception desk, restaurant with a bar, children's playground, spacious green areas, three parking lots with over fifty parking spaces, live security, as well as video surveillance.

An outdoor swimming pool and a multi-purpose field, hosting:

• a mini golf course;
• tennis court;
• basketball pitch;
• volleyball pitch;
• stage of completeness

About the apartment

There are two options: putty and ground coat - price from 620 to 650 EUR/sq.m., fully finished - price from 700 to 730 EUR/sq.m.

Disposition: One-bedroom apartment: living area with a kitchenette /22.72 sq.m./, a bedroom /12.60 sq.m./, a bathroom with a toilet /2.82 sq.m./ and a balcony off living-room.

Exposure: North-west.

The total square surface includes storage located on the top/roof floor with area of 6.56 sq.m.!

complex maintenance

 
There is an obligatory year fee for common parts maintenance - green areas, swimminog pool, stairs, parking places... The fee is 300 EUR no matter the square surface of the apartment.

Accents:

• residential gated complex
• only 13 km. away from the city centre of Sofia
• 7 km. away from the golf course in Ravno pole village
• excellent prices
• proved building company

Construction type: Brick

Year of construction: 2008 Year

Stage of construction: permission for construction granted

Completion date: 10.2010

Heating: Local heating

Exposure: North-west

Number of bathrooms: 1

Balconies: 1

:

Joinery: PVC

• New development
• Mortgage
• Security

Agent's valuation of the offer Excellent!

See the project

Mortgages in Bulgaria

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian banks based on a licensed contract, by the force of which we represent them, which is sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free and doesn't influence the credit in any way.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB -United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years (the currency is EUR). A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%, payable at loan disbursement. The prepayment fee is 5%. The bank also offers property insurance.

First Investment bank
Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate. Up to 80% of the market value of the mortgaged property can be financed.
There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate which is the the interest rate agreed plus 20 points. The utilization is according to utilization plan. The application fee is Eur 50 and the management fee is 2%. There is also an early repayment charge from 2% to 5% as well as a commitment fee - 0.5% and a renegotiation fee - 1.5%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The bank offers a life insurance option, which is paid by the borrower and property insurance.

Required Documents

Credit history documents (Experian Scorex, Equifax) - for citizens of the United Kingdom

Required documents for the income of the applicant / joint applicant:

For applicants / joint applicants working under labour contracts:

1. Form P-60 (required).

2. Letter from the Employer establishing the net income of the applicant / joint applicant (advisable).

3. Account statement for the last three months evidencing the declared incomes.

4. Other documents required by the Bank.

For applicants / joints applicants who work as freelancers or owners of companies:

1. Letter from an accountant establishing the net income for the last year or an Income Statement.

2. Account statement for bank account evidencing the declared incomes.

3. Other documents required by the Bank.

For applicants / joints applicants who receive rental income:

1. Account statement for the last three months evidencing the declared incomes.

2. Rental contract, if the income is not included in the annual Tax returns.

Applicants who are not citizens of the United Kingdom are expected to provide documents corresponding to those listed for UK citizens.

The term for approving the application is usually up to 2 days.