Prices and payment

The price of a new house including all the extras listed is calculated as follows:

• 500 euro per sq.m. living area as given in the project;
  
• 15 euro per sq.m. plot area;

For example the first house, which is 160 sq.m. on a plot with size 1080 sq.m. costs:
160x500 + 1080x15 = 80,000 + 16,200 = 96,200 euro

Payment can be made in several different ways.

Instalment plan #1:

10% of the price when signing a contract
30% of the price when finishing and covering the first floor with a concrete slab
30% of the price when finishing the rough works on the structure
30% when finishing the building and getting all the legal papers and documents for exploitation

Instalment plan #2: /Buying the land and making a contract for building/

first payment - the price of the land /after this you will become owner of the land and you can decide to build or not to build on it, for example if you prefer to make a quick-profit and sell the plot on a higher price/
second payment - 25% of the projected price for the building when signing a contract ;
third payment - 25% when finishing the first floor;
fourth payment - 25% when finishing the roof and the rough works;
last payment - 25% when the building is ready with all legal papers and documents for exploitation.

If the house is on 1 floor, the payments are the same, but respectively after foundation building and after roof finishing.

Paying can also be made on a personal instalment plan with different options.

*** Please note that these prices are valid till June, 2006 and will be reconsidered due to the dynamic real estate market in Bulgaria.