Sales Options

Depending on whether you are buying a completed, half-completed or an apartment that is still in its initial phase of development (off plan), Ivan Rilski Properties Ltd., offers several different payment possibilities. In any case, a 2 000 EUR deposit is payable two days after you have reserved an apartment, which serves as a guarantee to both buyer and seller. The deposit will be subtracted from the price of the property in case of purchase. You can reserve an apartment after filling our reservation form in the section Apartments.

Buyer’s protection

Reserving the desired apartment, gives you a 21-day period, that allows you to organize your out-look of the property or to arrange the necessary documents for the signing of the pre-contract.  During this 21-day period, the seller cannot sell the property to a third party. In case he does, he is obliged to pay back to the buyer double the amount of the deposit – 4 000 EUR.

Buying property in it’s initial phase of development

• 30% when signing the initial contract
• 40% after the construction of the framework and roof
• 30% after the apartment is completed

Considering the tendency of constant price increases of residential properties, it is highly recommended that you buy your apartment from 'off plan'.

Buying a half-completed property

70% of the total property value is payable, when signing the initial contract. The final contract states how and when the remaining 30% will be paid in accordance with the building progress.

Buying a completed property

When purchasing a finished apartment the full amount of the selling price is payable.

Nevertheless you’re buying a property in it’s initial phase of development, a half-completed property or a completed property, payable are also all fees  that are in accordance with the Bulgarian legislation.

"Buying a completed property

When purchasing a finished apartment the full amount of the selling price is payable.

Individual payment option:
80% - at the Preliminary contract;
20% - at the end of 30th of November, 2007

If you want to reserve an apartment in St. Ivan Rilski Hotel, Spa & Apartments, please, clik in section Apartments in the menu.