Majestic Hotel & Residence

A unique Investment opportunity!
•Majestic Hotel & Residence is situated in the most attractive seaside resort in Bulgaria – Sunny Beach
•The most attractive investment opportunity and business offer, offering 16-18% capital annual return
•The complex consists of two apartment blocks – block E and block D and a 4-star Majestic Hotel, offering a variety of entertainment and leisure
•All Apartments are modern, stylish and fully fitted and furnished
•All apartments are professionally maintained and managed

All in All, the complex location, all high quality materials, its unique architectural style, along with all modern and comfortable amenities guarantees a truly attractive and reasonable business opportunity.

Luxurious Apartment’s equipment:
Majestic Hotel & Residence comprises of a unique 4 – star hotel, together with two adjoining blocks of superbly stylish and luxuriously furnished apartments for sale:
Block E – total number of apartments 165
Block D – total number of apartments 163

The luxurious apartments offered for sale in Majestic Hotel & Residence are differentiated in three categories – studios, one – bedroom, and two – bedroom apartments. All apartments are designed and built according to the most up – to – date building techniques thus, successfully combining comfort and style with art and quality.
All prices listed additionally in our price list include all necessary furnishing and also include VAT.
Please note that the prices posted on our website are exclusive of VAT.

*Block E (situated closer to Fiesta Beach Hotel and Helena Resorts complex) – We offer apartments for individual sales, small and large investors in this block. It can be negotiated as a larger number of apartments as well but it is all due to some further interest and discussion. All apartments left for sale and available at the moment are 1-bedroom apartments and one 2-bedroom apartment both with “sea” and “park” views.

*Block D (situated closer to Victoria Palace Hotel is targeted to individual clients, small and large investors and investment groups.

NOTE 1:
It is imperative to note that the complex is fully ready and occupational since the end of May 2006. Therefore, all apartments are ready to be used and this means that the full purchase price should be paid when purchasing. However, we are prepared to discuss any possible options and payment plans according to individual resources.
Therefore, ***Possible payment plan can be:

1) Reservation Deposit – agreeable upon the units purchased, but individual deposit amounting to EUR 2500
2. Payment plan:
• 2500 EUR reservation fee
• 50% - payable on signing the preliminary contract (up to 2 weeks after depositing the reservation fee)
• 40% - payable 2 weeks after the first instalment
• 10% payment upon notarization but not later than 3 weeks after the third instalment

3. Payment plan:
• 2500 EUR reservation fee
• 50% - payable on signing the preliminary contract (up to 2 weeks after depositing the reservation fee)
• 30% - payable 2 weeks after the first instalment
• 20% - payable within 2 weeks after the second instalment

NOTE 2:
There are basically two main options for the calculating of the management income:
1. Standard prices based per night. The prices contracted for the first operational season for the management of the apartments with the tour operators we work with are listed below:

2.1. For studios: EUR 47.25 м2/per night
2.2. For 1-bedroom apartment: EUR 57.25 м2/ per night
*2-bedroom apartments are not included in the tour operator lists. However, we may be able to contract them at the same levels as the 1-bedroom apartments

The rental rates are contracted additionally for each consecutive season.
Management fee – 25% of the rental income paid to the management company, i.e. Umsa Group of Companies Ltd.

2. Minimum Rental Income as a set amount including the management fee. This rate can be negotiated based on the number of units purchased and the terms of the contracted periods.

PLEASE ENQUIRY ADDITIONALLY FOR RENTAL GURANTEES FOR
YEARS 2007 & 2008!!!

NOTE 3:
Umsa Group of Companies Ltd. has the right to continue to hold on the market all properties listed in this presentation until further notice.
In any case of a conducted sale of any of the units that are subject to this offer, the sae offer shall be updated with the relevant availabilities, prices of any further relevant changes.

NOTE 4:
4.1. All apartments are additionally insured annually including all movables and furnishing at the expense of the purchaser. Please, enquire for more details.
4.2. All apartments have an additional cost for further equipment and furnishing such as linen, cutlery and kitchen equipment.

The Majestic Hotel & Residence project is based on the joint efforts of two companies with substantial professional experience in the field of tourism in Bulgaria . The company investor – Umsa Group of Companies Ltd., together with its partners, invite you to experience this unique and reasonable opportunity to invest in a luxurious property, offering professional management and a full management renting options. The highly competitive prices, the exceptional terms and conditions, as well as the impeccable professionalism are the key to success for every investor.