This is an exciting renovation and investment project. It is a three-storey brick built house of modern, contemporary design, in a prime position, surrounded by mature trees and grazing land, with lovely views all around, located in sight of the Pamporovo Snejanka TV Tower. The quiet and picturesque village in which it is positioned is only 9 km away from the top winter resort of Pamporovo and 16 km northwest from the town of Smolyan. It is one of the most sought after traditional villages in the Rhodope mountains, yet only a few minutes taxi ride to the busy nightlife, bars and restaurants of Pamporovo.
Partially built in 1995, the property is in need of completion and renovation but represents an excellent opportunity to invest into one of the most exciting areas of development in Bulgaria. It is located in the middle of the 255 million Euro 'Super Perelik' development project which has been set up to develop a number of tourist, and ski projects in the area. The property will be within a few hundred metres of the proposed new 3 km ski lift, giving direct access to the ski pistes of Pamporovo. The Perelik project also intends to join up with the ski pistes of the Mechi Chal peak near Chepelare at the other side of Stoykite, substantially increasing the Pamporovo skiing area and putting the village right at its centre. There are preliminary plans to build a new golf course nearby and a new airport, about 10 km away.
Its location gives an ideal rental income potential for skiers during the winter, but also for summer tourism such as walking or other nature pursuits.
It is a large house which represents very good value for money, costing as it stands, no more than a small apartment in a Pamporovo complex. It could be renovated into a small hotel, three or more exclusive apartments, or just remain a large, impressive house. It has 300 sq. m floor (100 sq. m per floor) area and 340 sq. m land. The lower ground floor provides 2 rooms, winter room, toilet and hand basin, large patio terrace. Internal stairs lead to the upper ground floor which offers 1 room with small terrace, 3 bedrooms, two with en-suite shower/toilet and all access terraces, separate shower/toilet. The upper floor shows 2 rooms leading onto large balcony, 1 room with small balcony and en-suite shower/toilet, separate shower/toilet. The access road leading to the property is only about 200 metres from the main road, but it is a dirt road and would need to be upgraded. Electricity and running water are on site, and can be connected easily. Full architects plans are included in the sale.