Paradise Dreams

Location of the Complex

The resort complex is located in the beautiful and quiet area in-between Sunny Beach and St. Vlas. It is situated only 100 meters from the coast line and approximately 200 meters away from Aqua Dreams /in the direction of Saint Vlas/.

General Information about the Complex

Paradise Dreams consists of 2 separate arch-shaped symmetric blocks, with a total number of 123 apartments/ 22 studios, 72 one-bedrooms and 29 two-bedrooms/. The complex is with low-rise architecture with inclined roofs and is painted in warm colours. Because of its specific location on a high slope most of the apartments in Paradise Dreams have sea view and/or pool view. Additionally, some of them face the enchanting green hills to the north of the complex.

Facilities on the Complex

At your disposal there are two main adult’s swimming pools with an attractive bridge in the middle. They are flowing into each other at four different levels, thus creating the relaxing waterfall effect. In addition there is a separate round children’s pool. Apart-hotel Paradise Dreams ensures comfortable holidays for both owners and tourists by the following amenities available:

          • 3 connecting swimming pools, one of which children’s pool
          • Pool bar
          • Lobby bar 
          • Restaurant
          • Internet club
          • Children’s playground
          • Supermarket
          • Shops
          • Reception
          • 24-hours security
          • Private access and green areas
          • Parking lot

Completion Date: May 2008

Prices

Studio apartments start from €31,797 ( approx. £21,928 )

One bedroom apartments start from €51,255 ( approx. £35,348 )

Two bedroom apartments start from €93,147 ( approx. £64,239 )

CLICK HERE TO VIEW THE CURRENT PRICES AND AVAILABILITIES FOR THIS COMPLEX

Management and Maintenance Costs

The management and maintenance cost is €7 per square meter of your apartment on a yearly basis. 

Rental opportunities

There is an on-site management company that all clients can use if they choose to rent out their apartments. At this stage, there are no projected rental figures available. The management company is part of the developer’s group and has contracts with several of the biggest tour operators on the Bulgarian market such as Balkan Holidays and First Choice.

Title Deeds

There are two options available here:-

The client can declare the property at an estimated value on the title deeds. For this complex this is 30% of the full value of the apartment. VAT is included in the price if you choose to declare the property at the estimated value. Your closing costs when you sign the title deeds will be 3.5% of the estimated declared value.

The other option a client has is to declare the property at the full value on the title deeds. With this option you would have to pay VAT on the difference between the estimated value of 30% and the full value of the apartment. Therefore, you will be paying VAT on the remaining 70%. Please add 14% to the price of the real estate to reflect VAT if you choose to go with the fully declared value. Your closing costs when you come to sign the title deeds will be 3.5% of the fully declared value.  

Payment Terms

An apartment can be reserved with an initial payment of £700 (€1,000) deductible from the first installment: -

30% - Payable on the signing of the preliminary contract

20% - Payable no later than ten days after the construction work begins (estimated March 2007)

30% - Payable no later than ten days after the construction has reached the roof level (estimated September 2007)

20% - On Completion (estimated July 2008)

CLICK HERE TO VIEW THE SITE PLAN FOR PARADISE DREAMS

Standard Finishing to all Apartments

• Living rooms – terracotta floors; walls and ceilings puttied and latex painted; mounted light switches, plugs and pending sockets; cable TV outlets. Air conditioner – split systems /winter-summer/
• Kitchens – terracotta floors; walls and ceilings puttied and latex painted; mounted light switches, plugs and pending sockets; completed plumbing; no kitchen furnishing.
• Bedrooms - terracotta floors; walls and ceilings puttied and latex painted; mounted light switches, plugs and pending sockets; cable TV outlets.
• Bathroom/toilet – terracotta floors, walls – faience tiles from bottom to top, mounted switch, mounted toilet bowl, wash basin middle size, water tap, mirror, shower tap and electric boiler.
• Toilets - terracotta floors, walls – faience tiles from bottom to top, mounted switch, mounted toilet bowl, wash basin middle size, water tap and mirror;
• Entrance-halls - terracotta floors; walls and ceilings puttied and latex painted, mounted light switches, plugs and pending sockets.
• Balconies – floor granitogress or terracotta, iron parapet – auto enamel painted.
• Inner doors of all premises, with mounted door locks.
• Entrance doors with mounted door locks.
• PVC Façade joinery 
• Installed water-meters, electrometers in each apartment as well as in the common parts.

Common Parts

• Roofs – thermo insulation, hydro insulation; tiled or flat roof depending on the project
• Facades – 4 sm thermo insulation of the walls; finished with imported polymer plasters and paints;
• Stairs – Granitogress; walls – puttied, painted and finished with latex; metal stairs parapet, oil paint finished; mounted light switches and electric brackets.
• Completed plumbing, electrical wiring;
• Balcony parapets – compact or iron fretwork, completely finished according to the project;
• Lift

Information about the Development

• Fence – iron fretwork, all around the property; check point and remotely controlled barrier; security staff room;
• Parking lots, connected to the check point with an asphalt road;
• Swimming pool revetted with glass ceramic or porcelain tiles; equipped with filter and pump systems;
• Vertical planning, suitable planting and garden design

General Information about the Area

St. Vlas (also known as Sveti Vlas) is a beautiful coastal village, situated just 5kms north of Sunny Beach and 9kms from Nessebar.

This resort offers a fantastic combination of beautiful seaside and views of the Balkan mountain range. There are three beaches at St Vlas. The central beach is the longest, southern beach is the small “Camping” beach, whilst the northerly beach neighbours a new yacht marina.

The brand new and beautiful marina is being developed close to the existing water port of the local fishermen. The Marina offers everything needed for the yacht enthusiast, and yachts can be hired and even purchased here at really competitive prices.

The explosive growth in Vlas is the result of holidaymakers, visitors who choose to stay here, and visiting tourists from the neighbouring resorts of Sunny Beach and Nessebar seeking a relatively quieter place to spend time. In response to this boost in local tourism, small hotels, apartments, villas and restaurants are emerging across the town

Regular bus transport is available from Nessebar, Sunny Beach and Bourgas to St. Vlas, and plenty of private minibuses, route and ordinary taxis. There is also water transport to and from Nessebar and Bourgas to Sunny Beach. The international airport of Bourgas is just 20 to 30 minute drive away.

Location

Address St.Vlas, Sunny Beach, Bulgaria

Sales contacts

Telephone 0161 904 0004