PIRIN HILLS GOLF RESORT & SPA

For the last few years Bansko has established as a good place for investment in real estate. At the moment a new modern infrastructure is being designed and built. A lot of five-star hotels with spa and rehabilitation centers, ski-runs, cabin cable cars are being built in the town. At the moment a new modern infrastructure is being designed and built. Regarding all this and the location, Bansko is on its way to become the best ski-resort not only in Bulgaria, but also in Eastern Europe. Throughout the rest of the year Bansko offers its visitors a perfect balance of temperatures and climate - spring full of unique blossoming flora; refreshing and energizing summer and golden autumn.

The beautiful Pirin Mountain offers lovely opportunities for summer mountain tourism. Two modern golf-courses, consistent with the world standards, will be built for the visitors. Only 6 km from Bansko are the town of Razlog and the village of Banya (4 km) with thermal mineral springs and spa centers for treatment of lung and heart diseases. Ian Woodsman is delighted to part of the exciting future ahead in Bulgaria to create not only a world class golf courses but a superb environment for sports and relaxation. Golf is in its early stages of development in Bulgaria and he is very keen to be involved in helping develop the sport in the country. We will create world-class facilities that will not only support the growth of golf in Bulgaria but act as a focus for tourism development.

The Pirin Golf is an exclusive Ian Woodsman signature golf course development set in the beautiful Razlog Valley, just 10 minutes from the world famous ski resort of Bansko. The spectacular location will provide alluring views of the snow capped peaks and forest covered slopes of the Pirin, Rila and Rhodopi mountain ranges. In few years time Bansko will be an all-year round resort. The spectacular site of the new golf course, currently under construction, is in the area of the Razlog valley at the foot of the Pirin Mountain, only 5 km away from Bansko and the Spa resort of Katarino, and it is a world class facility. The large and widespread area of 300 acre. Lots of trees are placed on the summits of the former Dunes to give you the best look - out on the dunes, the Razlog valley and the three mountains Pirin, Rila and Rodopi. The 18 - hole executive length course, with undulating greens and challenging water hazards, tests the skill of even the most experienced golfer.

The Pirin Golf and is aimed to benefit the increasingly sophisticated visitor to Bulgaria and this unique development will combine golf and skiing to provide Bulgaria's first all year round investment opportunity maximizing capital growth and rental yields. The PIRIN HILLS GOLF RESORT & SPA residential areas are all positioned to take advantage of the spectacular surroundings offering dramatic views onto the golf course and the mountain landscape. And it’s located exactly next to the main entry of the Golf. The construction is of reinforced concrete. The combination of the hotel and apartments (Apart-Hotel) has been conceived to be beneficial to the apartment owners and rental clients. The combination provides an alternative choice for people who want access to a wide range of good quality facilities (which could not be maintained by an apartment building alone), with the freedom of not staying in a hotel. The full range of the Hotel’s facilities and services including room and laundry services will be available to occupiers of the apartments (for an annual fee or at a discounted rate).

The main power of attraction for investors involves their ability to sign contracts with the hotel in order to sublet the bought apartments at hotel rates. Apartments’ owners will have the opportunity to use all services of the 5-star hotel. The building is super luxury; entire insulation, PVC double glazing; stylish floorings in the rooms and common areas, First 100 apartments will be sold Fully Furnished with 16% guarantee rental income for the first two years . Stairs - granite-ware, the building will be paneled with decorative stone. All apartments have electricity installation, water and drainage. Economical radiators will be used for heating.

Security and video-surveillance provided
-own garden
-reception
-2 restaurants
-covered swimming pool
-open swimming pool
-SPA Centre
- Fitness
-sauna
-steam room
-massages
-Jacuzzi
-laundry room
-ski-lockers
-playing room for children
-Beauty saloon
-qualified attendance staff
-24 hour room service
-car park.

A 24 hour shuttle service will provided to the Gondola lift station in Bansko during the ski season. The building will be completed 2009

Terms of Payments:
2500 Euro reservation fee payable before signing the contract
30% - at signing the preliminary contract
30%- at reaching roof stage
30% - at issuing Deed 15
10% - at issuing Deed 16 usage permit (transferring the properties)
All apartments in the building are completed with high quality materials:

Entrance Hall
- floor – terracotta or granite slate titling
- ceiling – latex finish
- walls – latex finish
- lighting elements

Bathroom
- floor – terracotta or granite slate titling
- walls – floor-to-ceiling tiles
- electric heater
- sanitary unit – toilet, sink and mixing tap, shower cubicle or bathtub
- accessories
- lighting elements

Living Room/Bedroom
- floor – laminate
- walls – latex finish
- PVC window paneling
- lighting elements

Kitchenette
- floor – terracotta or granite slate tiling
- walls – latex finish
- sink cupboard
- cooking range with oven
- refrigerator
- absorber
- lighting elements

Balcony
- floor – granite slate tiling
- wood-finish railing
- heating with economy electrical radiators
- MDF internal doors
- Decorative finish metal front doors
- Possibility for Cable TV
- Possibility for telephone line
- Lighting elements include switches and ceiling/wall fittings