Vantage Heights is situated 20km north of Varna on Bulgaria’s Black Sea coast just inland from the famous, long sandy beaches of Albena.

Rising from the coastline are the Chortlen Hills, on the crown of which sits Vantage Heights boasting splendid panoramic, sea and inland views. Even the Cape of Kaliakra some 60 km away can been seen from this elevated position as well the village of Kranevo and much of the surrounding picturesque countryside.

What’s nearby?

The area benefits from the famous Albena resort, which allows only very restricted development and thus exudes an air of exclusivity. Here you will not only find 5km of sand and warm waters, but a good choice of restaurants, bars and nightlife. There will be a regular minibus service taking you straight from the lobby to Albena in 6 minutes. Golden Sands is only 10 minutes away and offers a great alternative, especially if you are looking for the best of the night-time entertainment!

Alternatively for those wanting to practise their swing there is a golf driving range just 500m away from us and a choice of three golf courses within a 20 minute drive, two of which are currently under construction.

We are 20 minutes from Varna and its international airport. Being the capital of the coast it is unrivalled in its charm and cosmopolitan atmosphere, unquestionably the best coastal area for quality restaurants, shopping and nightlife.

Vantage Heights’ overall position enables easy access to the best of the Black Sea coast, yet remains away from the hustle and bustle in an exclusive unspoilt location.

GUARANTEED RENTAL INCOME!
• Firstly, you will receive 5% of your total investment (paid biannually) every year for two years, guaranteed.

• Secondly, in addition you will receive an equal share of the total rental income for the complex. This will be based on your apartment type and size and will be subjected to a 25% rental management fee.


There will be 190 apartments at Vantage Heights, all are planned in one phase and the doors will open in Spring 2009.

The complex consists of several buildings, the largest of which (Mansion House) houses the entrance lobby, reception and most of the facilities. There are ten other separate buildings which are designed as detached villas, each contain between twelve and eighteen apartments and have a penthouse floor that can be split into two or adjoined as one.

There is a full range of apartments to choose from, sizes below include terraces and common areas:

• Studios from: 32 - 39 sq. m
• One Bedroom Apartments from: 51 -75 sq. m
• Two Bedroom Apartments from: 86 - 170 sq. m
• King and Queen Penthouses from: 75 - 170 sq. m

As many of these apartments will be rented there is no room to compromise on the quality of the furnishings, fixtures and fittings. All of the chosen products will need to stand the test of time so it is in everyone’s best interested to invest in quality from the start.

• All apartments are fully furnished, a choice of packages will be available in the later part of 2007
• Air-conditioning is included
• TV and DVD player are included
• All apartments are finished with fitted kitchens and bathrooms
• All accessories from the bed linen to the roasting dish are included too
Facilities:

Onsite will be an extensive array of facilities to entertain and relax you, these will include:

Swimming:

760 mІ two tiered Swimming Pool
2.7m Waterfall
Children’s Pool
Three external Jacuzzi and sundeck areas

Spa Centre:

Turkish Baths
Steam Baths
Saunas
Wraps
Pearl Bath
Whirl Pool
Body and Face Massage
Manicure
Pedicure

Sports and Leisure:

Tennis Court
Squash Court
Basketball
Fully equipped Gym
Full size Snooker Table
Full size Pool Table
Aerobics


Food and Drink:

100 seat Restaurant
120 seat Panoramic Terrace
Pool Bar providing snacks and drinks
Lobby Bar

Communications:

Satellite Television in every apartment
Wireless Broadband access
Telephone in every apartment

Other Onsite Facilities:

Hairdressers
Bureau de Change
Cash Machine
Doctors Surgery
Conference / Multipurpose room
Underground car parking
General Shop in the lobby
Regular Minibus service to the beach

To purchase any of the apartments you need pay a reservation fee of EUR 1,000. This will reserve an apartment for a period of 21 days, during this time you will need to agree and sign the preliminary contract. The reservation fee is non refundable, but can move moved from apartment to apartment before the priliminary contract is signed.

1. Standard Scheme - No Discount

EUR 1,000 reservation fee
30% upon signing of the preliminary contract
30% after the foundations are completed
30% after roof is completed
10% (less reservation) before transfer of ownership

2. Investor Scheme 1 - 5% discount

EUR 1,000 reservation fee
60% upon signing of the preliminary contract
40% (less reservation) before transfer of ownership

3. Investor Scheme 2 - 10% Discount

EUR 1,000 reservation fee
90% upon signing of the preliminary contract
10% (less reservation) before transfer of ownership

4. Mortgage Scheme - No discount

EUR 1,000 reservation fee
40% (less reservation) upon signing of the preliminary contract
60% released by the bank

Mortgages:

The developer has created a mortgage specifically for Vantage Heights which is provided by German bank Allianz.
• 60% of the value of the property can be borrowed
• No minimum amount
• The value of the property is key, not necessarily the earnings of the client
• Title deeds value is surpassed by independent valuation
• From 5-20 years lending
• Interest rates from 6.9%

From EUR 36000