The Stream Resort is located in the winter resort Pamporovo in the “Malina” district. It lies on the road to the town of Shiroka Laka and within 250 meters of the valley-stations of two gondola lifts. The building ground, on which the complex is situated, faces south-east with a magnificent view to the ski runs and Snejanka peak. Across the plot runs a small stream that gives the name of the vacation complex and will represent a part of the project’s park zone. Ideal for holiday letting during both the ski season and summer holidays.
The resort lies in an incredibly scenic nature reserve which hosts some of Bulgaria’s most beautiful greenery and wildlife. This surrounding offers unrivalled views along with the pine forests, mountains and the stream.
General Information about the Complex
The Stream Resort will host a wealth of facilities including reception with lobby bar, restaurant, swimming pool, Wellness & Spa Centre to cater for the 74 Fully Furnished Apartments. The apartments will consist of studios ranging from 32 square meters to two-bedroom apartments up to 125 square meters. The resort also offers easy access parking holding up to 25 cars both at the front of the resort and at the rear. Owners and the guests can also benefit from the wonderful landscaped gardens with sheltered barbecues and an open-air kindergarten.
National rental and management company on site
Furnishing package available on request
100% declared value on the title deeds with VAT included in this price
Five Star Complex with First Class Facilities
Complex will be ready for the 2007/2008 ski season (May 2008 completion is expected)
Facilities on the Complex
24 hours Reception and Concierge
Lobby Bar
Bulgarian Restaurant in Traditional Style
Continental Restaurant
Conference Hall
Beauty Salon
Shop
Laundry
Baby Sitting for Children during the Season;
Indoor Heated Swimming Pool & Jacuzzi
Wellness and SPA complex including:
• Reception
• Finnish Wood Sauna
• Aroma Stone Sauna
• Herbal Steam Room
• Cold Plunge Pool
• Cold Shower
• Salt Relax Room with Waterbeds
• 2 Massage Rooms
Fitness
Ski and Boot Wardrobe
Outdoor Children’s playground
Outdoor Barbeque
Secure Parking Area
Private Park Area with a Stream
All apartments in property can be fully furnished to the highest standard recommended by some of the leading rental companies in the industry. All furniture packs will include TV, Music System, Kitchen Appliances including cutlery and electrical items. Sheets, bed linens and towels will also be included in the packs.
Property owners will be able to choose from a selection of two style of furniture, with different colors and materials.
All the apartments have great Mountain Views, depending on their directions:
East - surrounding hills and pine forest, very quite;
South-East - great view on Snejanka peak and the ski slopes;
South-West - great view on Snejanka peak and the ski slopes;
West - the complex park area, stream, and surrounding hills;
North-West – the property park area, stream, and surrounding hills;
North/West/East- the most quite and surrounded by pine forest, wonderful view to the stream flowing just in front of the building.
Construction Dates
Foundations:1st June 2006 Roof:31st May 2007 Certificate of use:31st May 2008
Payment Terms
An apartment can be reserved with an initial payment of £700 (€1,000) deductible from the firstinstallment: -
30% on signing of Preliminary Agreement
70% on issuing the Certificate of Use of the Complex ACT 16 - latest May 2008.
Mortgages can be arranged in Bulgaria for this complex (subject to status).
Several new promotional payment terms are offered in addition to the standard ones:
I.Payment Schedule
30% on Preliminary Agreement
70%, paid after Permit of Use, May 2008
II. Payment Schedule
35% on Preliminary Agreement
65% paid six months after Permit of Use in May 2008, i.e. December 1st 2008!
Tailor made payment schemes for extended payment available also to suite you needs. Please send your requirements. These payment terms are fantastic if you are waiting for Euros exchange rates weaken and get more for your pound!
Please note that the prices will be increased on completion in May 2008!
Also, 6 selected unites on the Stream Resort in Pamporovo are currently offered at a lower than standard pricesuntil the end of May 2008. Buy now and make an instant equity gain! Please have a look at what is offered:
Only one studio at Euros 34,408 amd 5 one bedroom apartments from Euros 44,529!
For the latest availability, please e-mail us!
Rental Management
The complex is delighted to have signed a contract for the Rental Management of the full development after its completion.
the rental company will be running various advertising campaigns such as local and international advertisements in the press and travel media, internet advertising through our website and our affiliated network. The rental manager has teamed up with some of the leading local and international tour operators and travel agents promoting the complex, which will guarantee the highest possible occupancy, giving you a good return on your investment.
Rental Management
On-site management & maintenance service - including the following:
• Organization of the internal order in the Building and the common parts;
• Technical maintenance of the common installations and equipment;
• Organizing outside security of the Complex;
• Organizing sanitary-hygiene service of the Complex and the common parts of the Building;
• Twenty-four-hour reception - meeting, check in and check out of the guests, all-stay-long assistance;
• Linen and towels change, apartment cleaning and supplies replenish;
• Assistance with the payment of the current bills for the development, all of the required tourist fees and tourist insurances;
• Assistance with the payment of the personal tax duties;
Payment and Reporting
• The total money flow is calculated for all apartments at the complex. The amount of all costs made and due for the payment of water, electricity, insurance, resort fee etc. shall be deducted from the total amount.
• Payments to apartment owners are executed every six months - the fees and reasonable expenses or liabilities incurred to reinstate the property to a condition appropriate to re-let the premises at its advertised standard are deducted from the amount;
• Afterwards the amount corresponding to a particular apartment which should be forwarded, is calculated on apartment type basis (studio, single-bed or double-bed apartment) depending on the apartment area;
• Payments are executed to the owner's bank account in Bulgaria or abroad;
• Management report - detailed report on the occupancy and the money flow shall be issued and sent upon execution of a payment.
Rental Fees and Commissions
• Maintenance fee - 9 EUR/ sq. m. yearly plus VAT;
• Rental success fee - 15 % of the total rental income.
NEWS from December 2006
We are pleased to inform you that in the course of construction works, opportunity occurred to utilize some underground spaces and add new facilities to complex. The wellness and sport center expanded from 350 to 450 m, including the indoor pool. It will be designed as a modern wellness center, offering variety of services and activities for ultimate relaxation of the owners and the guests. Spacious game room, conference hall and beauty salon were added as well. These new facilities will not only provide more entertainment for the owners and the guests, they will also open new opportunities for corporate stays.
Reasons for Investing in Pamporovo
Pamporovo is one of the tree major Bulgarian ski resorts. Most important is that the resort will undergo significant improvements in the next few years. The new city plan of the resort was recently approved by the authorities. The number of accommodation beds will rise from about 5,000 beds to 20,000 beds with 10,000 chairs in the pubs, restaurants and cafes. Most important is that the resort will not be overcrowded, as it is situated in wide spread area, and the new plan permits small intensity of buildings - this means that the building footstep have to be less than 30% of the plot, and max 4 floors. As opposite, the permitted building footstep in Bansko is 60%.
Another major change is in the ski facilities. Local municipality and the corresponding ministry approved the plan of developing of new ski facilities in the highest peak in the mountains - Perelik. It is situated about 10 kilometers from the existing ski facilities. It will double the ski slopes and lifts and will extend the season as in the Perelik peak snow stays longer. This project covers only ski slopes and lifts. Facilities for sleep and entertainment will remain the same as they are approved in the new city plan.
There are ski facilities also in the near town of Chepelare, called Mechi Chall. They are not so big as in Pamporovo, but will be connected with them with lifts and the tree ski facilities /Pamporovo, Mechi Chall and new Perelik/ will be become one big resort.
Perelik Project
A grand project, called “Perelik”, plans to connect the Perelik peak in Pamporovo with the Mechi Chal peak near Chepelare. According to the mayor of Smolyan, the realization of the project will form RodopiMountain as a tourism centre with three main tourism bodies - Mechi Chal, Pamporovo and Perelik. The territorial plan of the new resort is ready.
The Perelik project is stressing on the building of ski pistes and equipment for around 55 million Euro and the construction of hotels in Smolyanski ezera and Raikovski livadi sites. At the moment Pamporovo resort has almost 18 kilometres of ski pistes and 4,920 beds. The plan is additional 29.8 kilometres ski pistes and the equipment, to be constructed and the number of beds to increase with 8000.
Main data for the project
The project plans the construction and exploitation of sport- tourism centre including:
- 28 km ski pistes, situated in accordance to the requirements of TUP and OBOC
- A system for construction and exploitation of ski lifts and drags (22 ski- pistes with a total length of 8000 skiers per hour, 3 cabin lifts, 4 wire lined and 5 drag lifts)
- Restaurants and tea rooms
- Construction of new, reconstruction of the already existing and renewing of the infrastructure equipment, transport bases, water conducts and electricity net, drainage, telecommunications and other equipment of infrastructural character.
The territory of the investment project will take a total area of 2191,3 hectares and takes parts of the mountain, located around Perelik and Kozuiatok peaks, situated Northwest of Smolyan. Land plots from the resort villages- Gela, Stikel, Stoikite and Mugla will also be included in the project.
The main goal for the local authorities is to convert the resort in four seasons one with many new attractions and better infrastructure. Every year several traditional festivals are organized in the summer, the biggest one being on the 12 of August, and it is usually attended by around 10,000 people.
Information about the Area
Pamporovo is a modern ski resort in the heart of the Rhodopi mountain, the mountain of the mythical singer Orpheus. It is the most southern skiing resort in Europe. It is the sunniest Bulgarian mountain resort with wonderful snow throughout the whole season. Pamporovo is situated on 1650 m above the sea level at the foot of peak Snejanka (1926 m). It is 240 km far from Sofia and 85 km from Plovdiv.
A major motorway construction is underway from Smolyan to nearby Greece (just 30 km), which is expected to boost tourist inflow from Greece. The road is expected to be completed by the end of 2006, which can ease a nice 2 hour trip to the nice Aegean Sea in Greece.
Traveling to Pamporovo is easy in the winter using the charter flights to the city of Plovdiv. Cheap charter flights are arranged in the ski season by many British and international travel agents, including Balkan Holidays and First Choice. Negotiations are in process to allow low cost airline companies fly to Plovdiv airport.
Pamporovo has an exclusive climate featuring a soft winter with about 120 sunny days during the skiing period and 270 sunny days during the whole year. The significant influence of The Aegean Sea appears here and the skiing season starts from mid - December to mid - April. The average air temperature is - 3 ° C. The gentle profile of the mountain with its rounded slopes and summits makes Pamporovo particularly suitable for beginners. But there are also difficult ski runs like the Giant Slalom run which is an excellent exercise for every skiing expert.
All ski runs are safe guarded and maintained in a very good condition. More than 100 highly qualified ski instructors fluent in different languages are here to teach both beginners and intermediate skiers and snowboarders. Ski rentals are available near the ski runs and the lift stations, you can book ski equipment rental, ski school, lift pass with us.
The ski runs in Pamporovo come in all hardship levels. They are located between 1926 and 1450 m above the sea level on the northern, eastern and western slopes of The Snejanka peak.The most difficult ski piste is "The Wall", see it on the right picture here.
All major ski runs start from the peak of the mountain, where the TV tower is located.
Great off-piste skiing and snowboarding is available in this resort, however we recommend using a local guide when going off-piste.
Pamporovo is the starting point for many marked tourist tracks to: Smolyanski ezera hut (2 h 15 min or 40 min by two lifts), Izgrev Hut (in Chernatitsa - 6 h.), Momchil Yunak hut (in Prespa - 4h30m), Perelik hut (under the mountain leader of Golyam Perelik Peak - 4h30m), the village of Progled (1h30m), the city of Smolyan (3h), The Orpheus Rock (20 min from the Peak of Snejanka), the Murgavets Peak (1h). The Studenets hut is a point of the European route E-8.
Ski Runs
Height of resort: 1620 m
Highest skiing area: 1,937 m
Lifts: 18 (5 chairs, 13 surface), with total capacity 8500 persons per hour
Total length of ski runs: 25 km
Longest run: 3,8 km
Total runs: 17
Average annual temperature: 8.5 C
Snowing: 150-200 days per year
Climate: mild mountain, moderate with strong influence from the Mediterranean
There are ski runs of all degrees of difficulty in Pamporovo. Most of the tracks start from the very peak. Also, there are three cross-country runs in the resort, with total length of around 40 km.
Beginners: Can start with the ski school of Pamporovo, which is quite famous with the quality tuition. Starting on the nursery slopes, after few days they will be able to ski on the higher ski runs.
Intermediate skiers:The total length of ski runs which are suitable for Intermedaites is approx. 20 km. These skiers can jump on the triple chairlift from the Malina station going to the top of Snejanka peak. Or, a single chair lift goes to the middle station, from where the new four persons lift runs up to the peak.
Advanced skiers:Can jump on the drag lift from the middle station which runs up the side of “The Wall”. It is the most difficult ski run in the resort. The other difficult piste starts from the TV tower, after the last station of the triple chair, go right, pistes called Snejanka.
The mountain rescue service works 24 hours a day, taking care of the security of the skiers. The ski-kindergarten is open from to .
Night Life
Being one of the most popular mountain resorts in Bulgaria Pamporovo has a lot to offer for the skiers and snowboarders who love to party and have a good time after the enjoying days on the slopes.
In general there are many places that worth visiting, and there are no places that look similar. Every bar, pub or disco has its unique style and atmosphere. The local people have developed a good selection of places to go.
The staff in most places is professional, very helpful and friendly. English (plus some other popular languages) is widely spoken.
Most of the famous drinks are available. Local or imported alcohols, beers and wines are available at very reasonable prices. Regular "Happy hours" provide drinks on half price to start the night with.
DJs will give their best to make your party special. Music is mainly dance hits, but any requests are welcome.
There is no entrance fee in any disco or club in Pamporovo.
Talking about the night life in the resort, there are few places that deserve special attention:
The White Hart: Reported to be the hottest spot this winter. Traditionally designed pub with own unique style. Run by Steve Clark this place is the best for party, loads of amusements, Karaoke every Thur, very good food, etc.
BJ's: in the lobby of hotel Perelik.
Dak's Bar: on the ground floor of hotel Snejanka.
Night Flight: in hotel Rojen. A new disco, the largest in Pamporovo. Very good party!
Spider Night Club
Restaurants
The White Hart: probably the best place to eat in the resort. Just like Mama makes! From the simple “comfort” food – bangers ‘n’ mash, Pub Grub, through to T-Bone steaks! There is a great selection of Pizza & Pasta plus lots for the Vegetarian.
Chevermeto: the oldest restaurant in the resorts. Offers typical Bulgarian cuisine from the region of Rhodopi mountain, and especially lamb.
The White House: Bulgarian cuisine and some popular International meals. Stylish restaurant. The selection of food and wines is very good.
Energy Efficiency Program
As a result of the additional investments and of the involvement of a specialized in the area of energy efficiency (EE) consulting company /CES AD we managed to effect high energy efficiency indices for Stream Resort. The adoption of the latest heating methods using ecological and in the same time cheap fuel – wooden waste - will bring advantages to the owners of the building. Advantages as a decrease of the heating-related costs by up to 50% in comparison with the figures, corresponding to the commonly used electricity, clean and effective heating method, tax exemptions etc.
Under the Bulgarian legislation the buildings with high energy efficiency are granted Class A Certificate. Once this Certificate is acquired the owners of the building are exempt from local tax – so called tax on buildings – for a period of 10 years. The specialized consulting company we have been working with on the project is licensed perform audits and to certify buildings under the Bulgarian Energy Efficiency Law. Our co-operation shall exceed in time throughout the construction of the building and the finishing works till its putting into operation. After the building is fully constructed we shall proceed to work together in order to ensure all feasible technological solutions required for cutting down on the energy consumptions and costs. We are expecting to reduce the cost for heating the building and the hot water from EUR 500 to EUR 1000 per apartment per season. Additional savings are expected from the local taxes for the period of 10 years. All these will increase the return from the investment with about 2% annually.
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