Danubia Beach: An exclusive luxury development on the river bank of Danube.

COMPLETED APARTMENTS WITH BEAUTIFUL RIVER VIEWS ARE STILL AVAILABLE AT THEIR ORIGINAL PRICES OF 650 EUROS/M2
ONLY 7 APARTMENTS REMAINING AVAILABLE FOR SALE ... RESERVE NOW!

We are delighted to announce for sale this contemporary apartment development, located on first line, exactly on the river bank of Danube, Europe’s second largest river.
Set on the bank of the river Danube near the city of Vidin, Danubia Beach, an award winning architect designed 4 star holiday complex is offering great value for money together with quality, great facilities and fantastic location.

Most of the apartments at Danubia Beach are featuring breath-taking views to the gorgeous river Danube. The regional centre, town of Vidin with all its amenities - schools, shopping, hospitals, theatre, Symphonic orchestra, is just 14 km away, easily accessible by car (10 minutes drive) or by public bus transport.
The importance of the strategic location of Vidin is to be increased with the EU funded development of the bridge between Bulgaria and Romania. This new 236 million Euro bridge link will join together Western, Northen and Eastern Europe, creating a road link ultimatly to Greece and onto Asia. This massive investment will result in an influx of both tourists and commercial travellers - Danubia Beach is idealy located to cater for both their needs.
Investors can expect strong capital growth together with regular rental income provided by the leading management & letting company PROPERTY MANAGEMENT BG

The closest international airport with regular direct flights is Sofia Airport, approx. 195 km away (2.5 hours drive by car).
Danubia Beach is positioned on the main street of a popular village, just 5 km from the main international road E-79 coming from Western and Northern Europe, crossing the river Danube on the Vidin bridge (now under intensive construction) and reaching Greece.
This apartment complex is designed for a modern living, together with magnificent natural beauty of Danube which is also offering interesting activities such as boat-sailing, fishing, water-ski, swimming and sunbathing (the river is clean), etc. Right next to the development is a river beach as well as a small port for fishing boats. The whole village as well as the plot of Danubia Beach is protected by a solid concrete dyke and there have not been any floods for the last 60 years.
Danubia Beach is designed by a leading Bulgarian team of architects. Apartments are offered for sale fully completed (unfurnished) and ready for furnishing.

Here are the main features of the finishing standard of the apartments and the building:
• Outdoor swimming pool - free use for owners and guests
• Reception desk with lounge and fireplace
• Café & Snack Bar serving refreshments and snacks (breakfast will be served here every morning)
• Elevator
• Most of the apartments have river views (see apartments below marked with "RIVER VIEWS")
• Beautifully landscaped garden
• Parking lot for 8 cars
• Smooth-plastered and painted walls
• Terracotta tiled kitchenette, corridors, shower and WC
• Laminate floorings in living room and bedrooms
• Fully fitted shower and toilette
• Each apartment is connected to the central heating of the building
• Each apartment has an electric boiler for hot water
• Cables laid for Internet and Cable TV
• Air-conditioning in each apartment

Highest quality materials will be used in every stage of the construction.

Furnishing:
The apartments are offered for sale unfurnished - kitchen appliances and cabinets are not included too(normal practice for Bulgaria).
Buyers will be offered complete furniture packs (inclusive fitted kitechens and everything else required for letting/use of the apartment) by our partners Furnish BG which will cost approx. 4000 Euros for a studio, 5000 Euros for a single bedroom apartment and 6000 Euros for two-bedroom apartments. Clients will be offered few options for furnishing, although we recommend buyers who are planning to rent out their apartments to match the approved furniture design of the building and order the standard furnishing pack which is most reasonably priced and designed for letting purpoeses. The quoted prices include absolutely everything needed for the apartment to be used for living immediately.
Buyers at Danubia will be aksed to make their choice on the furnishing approx. 3 months before the final completion of the complex.

Property management and letting
As mentioned above most of the buyers will be interested in renting their apartments, therefore full property management and rental services will be provided by our partners at Property Management BG (www.PropertyManagement.bg).
Danubia Beach is planned to work as a 4 star Apartment Hotel and it will run very successfully because there is a demand of luxury (finished to the Western Standards) and reasonably priced hotel in the Vidin area. Danubia Beach will be the most luxury accommodation in the whole region of Vidin, offering serious facilities, great value and high quality of service guaranteed by the professional staff of Property Management BG.
The area of Vidin is under quick economic development because of the new Danube bridge which is due to start construction next year and will be completed by 2010. This new bridge connection Bulgaria with Romania is a massive project funder by the European Union and costs 236 million Euros. It will turn the international road E-79 into one of the most important trasnportation corridors connecting Northern Europe with Southern Europe and Asia. It will also positively influence the local economy and will power the business. Every investment in the area now will increase its value after the bridge completion.
The international road E-79 is just three minutes drive from Danubia Beach, so many travelers coming from Western Europe and Northern Europe will be attracted to use the apartments for short-term stay.
The local demand for luxury long-term accommodation will increase as well due to the need of accommodation for highly qualified employees who will work on the bridge construction or in the branches of new International companies which will start operation in the area.
Danubia Beach is close to 2 borders (Romanian border is 20 km away and Serbian border is 50 km away). Many cruise ships are crossing the river every day, so such tourists may be attracted as well. Many business people and employees of state organizations are now traveling to this area because of the bridge construction and because of the dynamic economy development of this area.
Anoither important issue of the business plan for Danubia is the development of fishing and bird-watching tourism in connection with the high natural potential offered by the river Danube.
Property Management BG will sign contracts and offer the apartments to all major local and international touroperators and reservations systems and we expect that buyers at Danubia Beach will receive between 8 and 12 % return of their investment per annum.
Our experience shows that most of the property buyers will be interested in renting their apartments to generate good income and return of investment. Danubia Beach is designed so that it can also work as a hotel or block of serviced apartments.
The main features of the management and letting scheme for Danubia are:
• Annual service charge of 440 Euros per apartment: will cover the cleaning and maintenance of the communal areas, the garden and the swimming pool as well as the electricity bills for the communal areas.
• Fixed rates of rental will be paid to apartment owners who wish to rent their apartments on short term basis: eg. One-bedroom apartments at 12 Euros per night, 2-bedroom apartments at 17 Euros per night. This is an indication of the nightly rate, it is not a guarunteed income.
Long-term rentals are subject of negotiation with the tenants.
• All bills and ongoing costs for short-term lettings must be covered by the owners. Tenants for long-term lettings are covering the bills and expenses for the apartment.
• Apartment owners will full access to the reservation management system of Property Management BG and this will allow them to monitor in real-time their reservations, rental income, expenses and all important information.

Why buy in Danubia?
Great location, beautiful nature, magnificent front river-views, first line exactly on the bank of the river and great potential There is no massive new construction in the area, so the demand for new homes is very high. During the next 3 years the local property prices are expected to rise with 80% to 100% due to the construction of the new Danube bridge, the economic development of the region, the good tourist potential and of course the joining of Bulgaria to the EU.

Additional information and conditions:
• No company is needed to own an apartment at Danubia Beach
• The development will be completed and ready for furnishing in December 2007
• It is not necessary to visit Bulgaria in order to buy an apartment or sign contracts

Financial conditions:
• Bulgarian Properties charge agency commission of 1500 Euros. This commission also covers the Solicitor’s fees.
• Any apartment can be reserved immediately by a non-refundable deposit of 1500 Euros.
• Notary fees and stamp duty will be approx. 3% of the apartment price and are due to be paid by the buyer when receiving the title deeds and ownership.
• Price has to be paid in 2 instalments as follows:

• 40 % of the price when signing the preliminary contract
• 60 % of the price 6 months after the first payment

You could also negotiate an individual payment plan.

Reservations:
Any apartment of Danubia Beach can be reserved immediately by a non-refundable deposit of 1500 Euros sent to the company bank account of BulgarianProperties.

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PRICES AND AVAILABILITY - constantly updated. Prices are final, but 3 % for stamp duty is and notary fees is chargeable when the final payment is made. The real price is written on the title deeds

GROUND FLOOR
Apartment # 2: Studio, living room, kitchenette, shower and WC , total size 34.97 sq.m. (floor size 27.37 sq.m. + common parts 7.60 sq.m.) , Price 22,740 EUR

Apartment # 7: (with private garden of 9.03 sq.m. in front coming as a bonus) : Studio , living room, kitchenette, shower and WC , total size 30.10 sq.m. (floor size 23.13 sq.m. + common parts 6.97 sq.m.) , Price 19,565 EUR RESERVED (LB-NS)

FIRST FLOOR
Apartment # 10: RIVER VIEWS Two-bedrooms, living room, open plan kitchenette, shower and WC, balcony, total size 88.95 sq.m. (floor size 72.26 sq.m. + common parts 16.69 sq.m.), Price 57,818 EUR

Apartment # 11: RIVER VIEWS One-bedroom, living room, open plan kitchenette, shower and WC, 3 balconies, total size 75.01 sq.m. (floor size 60.70 sq.m. + common parts 14.31 sq.m.), Price 48,758 EUR

SECOND FLOOR
Apartment # 17: RIVER VIEWS Studio, living room, kitchenette, shower and WC, balcony, total size 42.06 sq.m. (floor size 33.77 sq.m. + common parts 8.29 sq.m.), Price 27,339 EUR

Apartment # 22: RIVER VIEWS Studio, living room, open plan kitchenette, shower and WC, balcony, total size 51.09 sq.m. (floor size 41.34 sq.m. + common parts 9.75 sq.m.), Price 33,210 EUR

THIRD FLOOR
Apartment # 25: RIVER VIEWS Studio, living room, open plan kitchenette, shower and WC, balcony, total size 42.06 sq.m. (floor size 33.77 sq.m. + common parts 8.29 sq.m.), Price 27,339 EUR

FOURTH FLOOR - SOLD

REF # Danubia Lodge