• Houses / Villas
• Apartments
• Land / Plots
• Business

General Information:

• A 5 star 150 key hotel with a hydrotherapy SPA centre;
• A 4 star 250 key hotel;
• Residential villages comprising of different types of villas and apartments;
• An old traditional style marina village centre with Commercial and Residential components;
• 18 Hole Championship Golf Course;
• Golf Club House and Apartments;
• Driving range.

 Key Points:

- The resort ranges through 145 tranquil, south facing hectares
- Located on the Black Sea coast, 40 min north of Varna 
- The major components will be 4 and 5 star hotels, villas, apartments, SPA centre, and 18 hole golf course
- Average temperatures range from around 24 deg.C up to around 30 deg. C between May and September and are generally variable
- The master plan is developed by Wimberly Allison Tong & Goo

  Inspired by the world’s leading residential, golf and leisure resorts, Thracian Cliffs brings uncompromising international standards to the unspoilt beauty of Bulgaria’s Black Sea coast. The luxury village resort ranges through 145 tranquil, south facing hectares, where dramatic white cliffs and gentle bluffs descend to the beaches and the sparkling blue waters of the Black Sea.

Thracian Cliffs Golf & Spa Resort is created by one of world’s most reputable and prolific architects–WATG. The master planning is carefully prepared by WATG to combine architecture traditional for the region using brick, stone and wood and interior design offering all the comforts of modern living.

All residential buildings are small in size, 2 and 3 storeys, usually with no more than 3 apartments per floor. Due to the elevation of the land, almost all apartments enjoy the southern exposure of the whole resort. Sea view, golf view or both are available for most of the properties as well as swimming pools and other sports facilities. Variety of studios, 1, 2 and 3 bedroom apartments are available throughout the resort.

 In Phase I, 3 villages will be built – Hillside, Marina and Golf View, some villas, 5* Hotel and SPA, international 18 Hole Golf Course and a Golf Club. Phase I is expected to be completed by the Summer of 2009 with a golf course open for play.

The units in the first phase are about 320 including a small number of villas. All of the units have the following features: central air-conditioning, fully fitted, custom built kitchens and generously proportioned bathrooms with electrical under floor heating. Cable TV or satellite TV antennas will be provided for each unit. Wireless Internet at public areas and video security systems for main entrance door.
Owners and visitors can enjoy the convenience of having open air pools and bars, children’s activities, shops and restaurants all within the private grounds of the residence.

With the property, first buyers receive a free 20 years Golf Membership for the fantastic 18 hole golf course designed by Garry Player.

  Marina Village

 The Marina Village is the commercial and entertainment centre of the resort. Situated only a few meters from the water it is a residential area with shops, restaurants and a cozy, colourful piazza. The Marina Village has an excellent location overlooking directly the marina, the driving range and the pond of the golf course, and takes full advantage of the southerly exposure for all its apartments.

The Marina offers a variety of 1, 2 and 3 bedroom apartments to choose from, located in 6 residential blocks. Starting from 59 sq.m. net apartment area, to 149 sq.m., and the average net apartment size being 93 sq.m. Terraces vary in size from 9 to 71 sq. m., with the average of 22 sq. m.

Apartments come luxuriously finished with fully fitted kitchens including all kitchen appliances. The buildings are small, village like, built with traditional bricks.

  Apartment prices start from 139 000 EURO, VAT included.

  Hillside Village

  The Hillside apartments are located above the Marina just 150 m. from the sea and right next to the 5 Star Hotel. This area consists of 10 residential blocks, built in a cozy traditional style with 7 to 12 apartments in each block and nothing to obstruct their view over the Marina Village, the golf course and the sea. Two swimming pools are available for the residents of the Hillside apartments. At a walking distance from the beach and the Marina, the Hillside apartments are from the most desirable residences in the resort.
Spaces here are lavish, with spacious living areas and terraces. There is a variety of 1, 2 and 3 bedroom apartments in different sizes from 36 to 139 sq.m. net internal area. Terraces vary from 8 to 40 sq.m. and take wonderful advantage of the view. Most apartments have an underground parking; larger apartments have more than 1 parking space.

 Apartments come completely finished to the highest standards with luxurious and elegant finishing works. Kitchens come fully fitted including all kitchen appliances.

  Prices start from 138 750 EURO, VAT included.

  Golf View Village

  Probably the best location in the resort, the golf view apartments are located in the centre of the golf course, conveniently situated next to the Golf Club House. On a straight line, just above the larger of the two beaches and at a walking distance from it, with nothing to obstruct the view over the entire golf course, the sea coast and the Marina.
Here as well, you find spacious, sunny apartments. It is in the Golf View that we have designed only 1 and 2 bedroom apartments. All apartments come with a bath in the master bedroom and a separate WC. The style and architecture is again traditional using stone, brick and wood and the buildings are 2 and 3 stories. While swimming at the pool, you will enjoy the waterfall effect from being so high above overlooking the sea while swimming.

Apartments vary from 67 to 108 sq.m. internal net area, with terraces from 22 to 29 sq.m. Luxurious, elegant finishes combined with high quality kitchen appliances.

  Villas

  Villas enjoy one of the best locations in the whole resort, unrestricted and breathtaking view of the sunny beaches, the central part of the golf course and the sea. Villas will be designed in a contemporary and functional style, with large bedrooms with own bath, luxurious finishes, spacious living areas and landscaped individual yard.
 About 90 private, one family villas will be constructed in phase one. Villas are designed in 3 types of traditional architecture common for the mountainous areas and the Black Sea Coast. Stone and wood will be used for the exterior of the villas, and double height for the living areas to give extra feeling of space.

  Watch Video:

  The resort ranges through 145 tranquil, south facing hectares. It is located 7 km south of Kavarna, 10 km north of Balchik; Varna airport is 50 km away, the Romanian border is less than 50 km away (half an hour drive by car).

General Building Specifications:

• Reinforced concrete structure with insulated brick walls
• Internal Acoustic insulation between apartments
• Roofs will be insulated, damp proofed and covered with tiles
• Hydraulic elevator for 6 people. Connection from the basement to the top floor
 
 Floors:
• High quality floor tiles throughout the apartments. Alternative: wooden floors in bedrooms.
• Non-slip tiles in kitchens and bathrooms.
• Non-slip tiles on terraces.

 Walls:
• Hardened plaster leveled and painted.
• High quality wall tiles in bathrooms.

 Ceiling:
• Plaster painted white or plaster board painted white, all with varying models of coving.

 Carpentry:
• The exterior carpentry will bе of wooden or PVC frames.
• Double-glazed glass in all windows.
• Safety entrance door with security lock.
• High quality wooden interior doors with rubberjoints.
• Fullу furnished built-in wardrobes.

 Kitchens:
• Fully fitted kitchens with granite worktops and vitroceramic cooker, electrical oven, hood extractor, fridge-freezer, dishwasher, washing machine.

 Bathrooms:
• Walls and floors in high quality non-slip tiles.
• Master bathroom with bathtub and walk-in shower.
• High quality taps.
• “IDEAL STANDARD” washbasin and toilet in white porcelain

 Special Features and Installations:
• High quality electrical equipment.
• Individually regulated hot and cold air-conditioning system per apartment.
• Individual thermo accumulating electric water heaters.
• Individually regulated electrical underfloor heating in bathrooms
• Cable TV or satellite TV antennas.
• TV and telephone outlets in lounge, bedrooms and kitchen.
• Centralized security alarm.
• Video security system to main entrance door.
• Wireless Internet provided at public areas.

 Exterior
• Communal swimming pools.
• Landscaped gardens.
• Street illumination along road and footpaths and gardens.

Note: The Vendor reserves the right to alter these specifications at any time and/or substitute materials of similar/improved quality.

  Property maintenance will include:

- 24 hour security
- 24 hour reception
- Professional maintenance of the green areas, swimming pools and common areas
- Management of the leisure areas
- Electricity for common areas

  Annual maintenance tax will be confirmed at a later stage.

  Investing with Thracian Cliffs is easy. It involves a few simple steps. Once you have located the property of your choice, you have to either sign a reservation agreement or directly enter into a preliminary sales contract. The benefit of the reservation agreement is that it gives you the opportunity to book your property immediately with only 1,500 EURO. You then have 21 days to review the legal documentation, consult with your lawyers and return the signed paperwork to us.
  The Preliminary Sales Contract is the only document that you have to sign. It includes 3 important appendixes: the resort rules and regulations (RRR), the golf membership and maintenance (GMM) and a property maintenance and management appendix (PMM). The contract is in both English and Bulgarian. The Golf Membership agreement is optional.

Once you’ve signed and returned the contract you must do the following:
1. Transfer the initial installment of 20 % within 5 working days from signing the Preliminary Sales Contract.
2. Transfer the second installment of 20% when foundations of the building are laid.
3. The remaining 60 % are payable when the construction has been completed, with some provisions obligatory for the seller, which you can review in the Preliminary Sales Contract.

The installments are payable by bank transfer or credit card. Transfer of Notary Deed is made once the apartment has been issued Permission for Use. Note that real estate is subject to VAT and all prices we quote include VAT. It is common in Bulgaria that the total sellable area is formed by adding to the net area the percentage of square meters from the common area of the buildings.

Property transaction fees are similar to Europe but at lower cost. Notary fees, mortgages check, state taxes and legalization are about 3 to 4% of the property value. Property running costs are very Low. Annual real estate tax: 0.15%. Annual community and waste collection taxes: 0.5%.

Banks mortgage at credit rate around 7%. Mortgages can be arranged in strong currencies. The mortgage is secured on the property in Bulgaria.
  
  Price: from 138 750 Euros

  Ref. Num.: 1060