We have many reasons to believe that over the next 5 years, the area of Bansko will turn into the best all year-round mountain destination in Bulgaria, mostly due to its strategic location and great resort and leisure infrastructure currently under construction. This includes 3 new ski resorts as well as 9 golf courses in process. Already the region has generated enormous international interest and investment. Ever improving infra-structure, ideal climate, and the adoption of an all-year-round approach have further added to create an exciting momentum and an increase in visitor numbers by 30 percent in 2005/6 alone.

The project comprises of studio, one and two bed apartments arranged on 7 levels. Most feature a private balcony with magnificent view of the mountains and the golf.

The development is set on an 18-hole championship quality golf course, front line and overlooking the golf. Our project offers a privileged access to another 9 courses in progress as well as 3 ski resorts. It is near many popular recreation opportunities including the healing mineral springs of Banya and Katarino Villages, and the amenities of Bansko Ski and Spa Resort /only 3km away/.

The construction is estimated for completion by the end of May 2009.

Approximate Sales Price

SALE OFFER 1:

• €1.3 mln. (VAT optional) Technical specifications of the project
• Land plot area – 3 000m2
• Land coverage – 30%
• Kint – 1.5
• Number of floors – 5 (13m.)
• Total Build Up Area 6 200 sq.m

FACILITIES

Underground area

- Indoor /Outdoor Heated Pool - Poolside bar - Children's Paddle Pool - Spa Facilities and Wellness Centre - Sauna - Steam Room - Jacuzzi - Fitness Centre including aerobic equipment and weights area - Ski Equipment Storage Facility - Laundry and dry cleaning Area

Ground area - Apartments with individual private spacious landscaped garden areas - Shops - Offices - Reception Area - International cuisine Restaurant Internal/External with open barbecue - Coffee Bar Internal/External

SALE OFFER 2

• Development, construction and completion with the following apartments’ quality specifications:
• Living room: Flooring - laminated parquet first quality. Walls and ceilings - plaster coating and latex
• Bedrooms: Flooring - parquet first quality. Walls and ceilings - plaster coating and latex.
• Kitchen: Flooring - terra-cotta
• Bathroom and toilets: Terra-cotta and faience 2m above the floor and dispersed white coating above the faience, as the bathrooms and the toilets shall be furnished according to the architectural plan.
• Entrance hall: Flooring - terra-cotta. Walls and ceilings - plaster coating and latex.
• Balconies - granite, wooden railings, mineral plaster.
• Joinery - PVC.
• Inside & Outside doors - wooden.
• Electric radiators installed in each room.

Total Price: € 5.5mln. (VAT optional) The above prices include the full working drawings and building regulations.

Therefore we have checked that the project meets all building requirements. The property is fitted to an extremely high 4 star specification where attention to detail provides the perfect feeling of space and luxury. Furthermore, the development’s prime location offers an exceptional site of unique heritage and breathtaking beauty.