is the renowned name
under which Armonia
Estates Ltd. operates.
company has held a paramount position during the past decades
in the area of Land Development and Construction. It has created
hundreds of development projects and thousands of housing
units, both in Cyprus and overseas.
extensive organisation with skilled management, Leptos Estates
is privately owned, well organised and has permanent and continuously
trained personnel in fully equipped offices in Paphos, Nicosia,
Athens, London and Moscow . They also have associates in dozens
of Countries including Ireland
Gardens Block B 2 Bedroom Apt. £
110,000.Cy£ . partly furn.
Gardens is situated in a residential area of Kato Paphos within
walking distance of the Municipal sandy beach, the picturesque
harbor, the shopping center and the nightlife. The development
comprises of value packed 3 bedroom villas, 2 and 3 bedroom
townhouses, 1 and 2 bedroom apartments and superb penthouses
all surrounding the landscaped gardens with sun terraces and
a luxurious communal swimming pool. The Paradise Gardens properties
are designed in traditional Cypriot style with special attention
to detail and quality and have proved to be extremely popular.
more info about
of Distinction is what they are about*
*The Worlds best converter web site* €
& some beautiful Greek Isles
for information and brochures
to many countries Cyprus has flexible property
A non-Cypriot is entitled to FREEHOLD ownership
of a villa, apartment, or a piece of land of up
to 4,000 sq.m. E U citizens may be
residence and may then be able to buy property
in addition to their home .
business units may also acquire premises for their
activities or for residence of their foreign employees.
- Leptos Estates offers
for sale the best range in holiday, residential or
investment, custom built and completed properties.
- Leptos Estates provides
the largest portfolio for the sale of quality properties
situated in over 65 exclusive developments in the
- A highly qualified
team of specialists, architects, engineers and craftsmen
ensure that a high degree of quality in all aspects
of construction is maintained at all times.
- The construction
department ensures that strict control over the quality
of production is maintained.
- The in-house legal
department offers FREE advice on a wide range of issues.
- Offices in England,
Germany, Russia, Greece and Cyprus with an agency
network in 40 countries throughout the world.
- The best long term
financing options to suit your needs.
- Full in-house property
- Special advisory
service for those planning retirement in Cyprus.
- Completed and custom
made properties available for sale.
- Basilica Design Centre
offers FREE advice on interiors.
- Unbeatable value
the second consecutive year, Leptos Estates
rewarded for its outstanding contribution to the real estate
of Cyprus, once again bringing international
to the Island and in particular Paphos.
increasing competition, Leptos Estates has been honoured
top awards for 2004, in acknowledgement of
continued quest for excellence and quality in the field.
Friday, July 15, 2005 01:21 AM EEST
60 000 sq.m. land, forests...
4 storey house with...
3 storey house in Varna...
4 storey house with...
Hunters cottage-60 m...
Region Black Sea coastal region
Location Sunny Day
Style & Stunning Seaviews. Fully Furnished Executive Apartments
- PORT PALACE, Varna
Floor 11 - SOLD
The beautiful Sunny Day Resort, holder of three prestigious
International Awards - An International Tourism and Hotel
Industry Award – Spain, 1997, the Golden America Quality
Award – New York, 1998 and the Blue Flag International
ecological Prize 1996 - 98, welcomes all nature and comfort
lovers to its New Premier Residential Development –
The resort is a peaceful green oasis located in a sheltered
bay, just 10 km. from the seaside capital of Bulgaria –
Varna city and 16 km. from the International Airport.
Sunny Day has wonderful natural conditions for relaxation:
a lovely natural park with rare tree species, clean sea, 1
km. long and 20 to 80 m. wide beach, a shallow sandy coast,
springs with healing mineral waters and fresh and pure air.
With its natural potential and the perfect client service
of its 4 elegant beach front hotels, Sunny day offers its
guests and residents excellent conditions for relaxation,
recreation, balneotherapy, and congress and business tourism.
The Exclusive Coastal Residential Complex PORT PALACE is to
be developed in the northern part of Sunny Day resort, on
the very beach.
A seaside alley of the resort lies to the west of the property,
the road from the north goes along the complex and turns in
a quay inside the sea, which borders the whole eastern part
of PORT PALACE, offering the residents the beauty of its views.
The complex is designed to be the interpretation of the PALACE
type construction, with modern features and upmarket luxury
The seven living floors have 2 one-bedroom apartments (96.12
sq.m., 94.64 sq.m.) and 14 two-bedroom apartments (from 93
sq.m. to 166 sq.m).
The tenth floor is a mansard type with 4 two-bedroom and one
All apartments avail of a spacious living room with an open
plan kitchenette, bedrooms, bathrooms with toilets, and terraces.
The mansard apartments will have garret garret windows.
The design of the building includes the development of a swimming
pool and a park in its southern part.
The ground floor of the building has large, spacious foyers
with a reception desk, a currency exchange office, a safety
vault, a rest – room with a WC, a document processing
office, an office for the head of the reception desk, a luggage
room, WCs ect.
A lobby bar is located on the semi-level.
PORT PALACE offers:
a Turkish bath,
a beauty parlour,
a medical office,
a SPA center with separate saunas for men and women with toilets,
showers and bathing cabins,
a massage room,
an aerobics room.
The apartments are sold fully furnished and prices include
all furnichure and luxury finishes of the properties as follows:
Kicthen cupboards and a bar plot
Fitted electric stove
Fridge - 150 ltr.
A kitchen table with 4 chairs
2. Living room furnichure:
2 arm chairs
A Double bed (180/200 sq.m)
2 Bedroom cupboards
Double size wardrobe with additional cupboards
A desk - 1.50 m.
The Development is scheduled for finalization on 31.12.2005.
MORTGAGE & FINANCE:
Mortgage arrangement for Bulgarian and Foreign Clients is
available from a prestigeous banking institution. Applications
are being processed from both UK and Bulgaria.
ELEVAT ESTATES LTD. invites all interested clients to view
the special presentation of this exclusive Development on
www.portpalace-bg.com or contact us for further details.
FLOOR 11- 100 % SOLD
more info about
Copyright 2005 © ELEVAT ESTATES LTD. All rights reserved.
Exquisitely designed 4-block complex in the heart of
Beach consisting of 140 apartments
and 1-bed apartments - € 50000 - € 61000
2-bed apartments cost € 72000 - € 81000
Breeze "From € 38,000
new Breeze development is located in the South end of Sunny
Beach, the premier beach resort in Bulgaria. A development
of 51 apartments spread over 6 floors with a selection of
studios, 1 bedroom and 2 bedroom apartments.
Prices vary from as low as €38
000 Euro for the studio to a high of €121 000 Euro for
the largest 2 bedroom apartment of 130 sq meters
Residential Complex- Manastirski Livadi District
now and pay 25% deposit at Preliminary contract stage to secure
your apartment. Prices are guaranteed and completion date
is June 2006.
Purchase off plans today to secure your apartment and take
advantage of the rapidly increasing property prices in Sofia.
more info about
these properties and more !
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WINTER RESORTS WELCOME MORE
Bulgaria is expecting an increase
of 5-7% in the number of tourists visiting its winter resorts,
according to the deputy economy minister.
Dimitur Hadzhinikolov opened Wednesday a special Tourism and
Leisure fair in Varna, the country's main Black Sea city.
The four-day event brings together Government officials and
representatives of trade unions, as well as the small and
According to Hadzhinikolov, the total number of tourists to
Bulgaria would reach four million by the end of 2004, while
the annual revenues in the sector were approaching USD 2 B.
The deputy minister also said that the seaside airport infrastructure
would expand in the forthcoming years.
Nov. 2004, Issue http://www.novinite.com/
EYE BULGARIA'S BLACK SEA COAST
There is a considerable influx
of investors willing to build up holiday villages in the valley
in-between Balchik and Albena seaside resorts.
Balchik's Mayor Krassimir Mikhailov reported that over 35
applications for developing resort activities in the lands
of the seaside resorts Kranevo, Rogachevo and Oborishte have
been filed. The entrepreneurs are mostly joint German-Bulgarian
or Russian-Bulgarian or British-Bulgarian ventures.
The increased interest in the local real estate market has
led to a hike in the prices of the the building sites nearby
Albena and Balchik.
24 Oct 2004,
Issue 1234 http://www.novinite.com/
BOOSTS TOURISM REVENUES
Tourism revenues in Bulgaria
over the first six months of 2004 account for EUR 646.3
M, preliminary data shows.
Bulgaria's tourism revenues have gone up by 25.1% as
compared to the same period of 2003, the Economy Ministry
The number of tourists for January-August 2004 has also
went up as compared to 2003. A total of 3,303,359 foreigners
have visited Bulgaria during these months.
Greece still tops the list with more than 437,470 tourists
that have come to Bulgaria. It is closely followed by
Great Britain with 199,950 Britons coming to Bulgaria.
The Economy Ministry also pointed out that in August
alone the number of foreign tourists in Bulgaria has
excelled the number of tourist in the 2003 season. They
predicted that Bulgaria would mark a new record in its
Morning News Published by novinite.com
|BULGARIA'S REAL ESTATE
MARKET HIT 24-28 % RISE IN PRICES 2003
Sofia Morning News (22 Feb 2004)
|The average 2003 increase
of Bulgarian real estate prices is between 24 % and 28
%, the Real Estates National Association Chairman Orlin
Vladikov announced on Saturday.
The boosted bank crediting at lower interest rates and
the straight-forwarded state foreign policy are considered
among the main reasons thereof.
Most aspired are small-sized panel apartments, between
60 and 80 sq.m., which have seen a 100 % increase in some
suburbs of capital Sofia in 2003.
IS THE FASTEST DEVELOPING TOURIST DESTINATION IN EUROPE
Sofia Morning News (4 March 2004)
|PURCHASE OF BULGARIAN
REAL ESTATE BECOMES EASIER FOR FOREIGNERS
Anna Kastreva, Dnevnik Daily (15 March 2004) www.dnevnik.bg
|Foreigners will be able
to purchase real estate properties without special licenses
from the government. Members of the Parliament Economic
Commission voted down on second reading, the text of the
Investments Encouragement Law, according to which the
foreigners had to ask the cabinet for such a license.
Irrelevant became also the requirement for special license
from the Ministry of Defense and the Ministry of Internal
Affairs for purchasing real estate properties in the interior
areas of the country, close to the national security objects.
The grounds for this vote are that such restrictions do
not correspond to the law, whose purpose is to encourage
the investments. The law is to be adopted by the parliament
on second reading.
In the beginning of March, at the conference of the Bulgarian
Industrial Business Association (BIBA), the American Trade
Chamber and the Bulgarian-German Chamber was requested
these restrictions to be dropped off. At the moment the
Real Estate Agencies face difficulties in interpreting
the Foreign Investments Law and the regulations for applying
the Law of the Ministry of Internal Affairs, since there
are many unclear points concerning the property or land
acquisition in urbanized territories at the border area,
in connection to the national security.
Due to the same reason, the Notary Publics faced difficulties
to perform the sale formalities of land along the Black
Sea coast, which according to the real estate agents is
an obstacle for the realties market. Companies in this
trade sphere explain that the foreign investors used to
buy properties and land via figureheads, but in the long
run this practice is not serious and may lead to exodus
from the most perspective construction regions in Bulgaria.
The main problem for them is due to the ambiguity in the
interpretation of the term "border area". The lawyers
regard the term as applied only for the land and river
borders, since according to the Sea Area Law, the sea
coast is not considered a state border.
As by the Foreign Investments Law enacted, a juridical
person on the territory of Bulgaria can acquire property
and restricted law of estate over realties.
According to the "Alliance & Leicester International"
report in 10 years time about 2.3 million British people
aged over 50 or 1/8 of the British population will spend
their money abroad. Till 2020 every fifth pensioner will
live outside of England. Bulgaria is among the countries,
where the retired British people would like to have a
dwelling. Croatia, Turkey, Spain, France and the English
speaking countries are also in the preference list. According
to the report, till 2012 the governments will offer different
tax concessions and other alleviations in order to attract
the pensioners. It is expected till 2020 at about 100
billion British pounds to be "exported" out of the British
Economics and spend abroad.
note that the furniture is not included in the selling prices
of the apartments, but full packages are available.
a selection of inland properties at great prices
additions from Dimo
Here is another one.
The region is already discovered
by the Europeans and here the many British,Germans and others
are enjoying the benefits of their investments.
The region is very easy
accessible through 3 airports Sofia(180km) Bourgas (180 km)
and Plovdiv(130 km).These are the distances to these major
cities.Also my city Stara Zagora(160 000 pop.) -5 th
largest in BG is 40 km away.
area is 62,72,83 and 114 m2.Best construction materials.Each
flat with terrace to the sea,sandy beach 100 m away,Sunny
Beach is 1 km away.The price is €870.00 per m2.
Payment in installments,because the building still in construction
phase.Ready in may 2005.
Some properties already purchased by British people.
Close to beautiful forests.
Determine whether the sale is with land.
If the sale is with land a company needs to be incorporated
to hold the land.
If sale is without land no company is needed.
Your receive an initial contract of sale .
For resale, do the standard checks on the property. Use a
reputable Bulgarian solicitor.
The Notary Act (Contract of purchase)signed in front of a
No land ownership for foreigners in Bulgaria
Buildings can be owned by foreigners
Foreigners wishing to own land can do so through a company
Bulgarian company incorporation costs less than £600.
Bulgaria's ownership policy will be harmonised with the EU
in the future.
Under the Bulgarian act on Foreign Ownership, foreigners are
not allowed to own land but may own buildings. Foreigners
can however own land by setting up a Bulgarian company to
hold the property for them
Another MB Ranch
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