BG1

Thracian Hills, Luxury New Spa and Golf Development

Price: Please call for pricing

THE PROPERTY

The Golf View Residences are situated in a horseshoe formation around The Clubhouse and offer magnificent facilities and a clear view over the golf course, the sea and the horizon.

The 40 units consist of a blend of residence types and floor areas as indicated in the next pages.

Their interior and exterior is currently being designed by the acclaimed Jean-Michel Gathy, Denniston International Architects, Kuala Lumpur, Malaysia.

All residences will be equipped with individually controlled air-conditioning, noise and heat insulation, wireless Internet connections and intercom systems. They will feature built-in branded kitchens with high quality electrical appliances and walk-in wardrobes.

The bathrooms will present characteristic sanitary ware and stylish wall coverings.
Stone and wood flooring will complement the finishing of living room, kitchen and dining room, bedrooms and balconies.

Sliding-folding doors will separate the living area from the spacious terrace that in summer will form a natural continuation of the indoor area.

Full attention will be paid in the design to optimise energy efficiency. Furniture and fittings will meet GHM specifications.

Accommodation periods in these nine buildings will be 1st-reserved for their private owners, their families, business associates and friends.


GHM – General Hotel Management, Singapore, the owners of The Chedi brand, will manage The Golf View Residences on a rental revenue sharing basis with the residence owners.

THE CHEDI CLUB SUITES will present detached 180 m² luxury homes to some 20 owners who will elect to use them as vacation homes at their preferred vacation periods. During other times, their homes will be pooled with the suites of the hotel for rent to paying guests.

THE CHEDI RESIDENCES will be designed to fit into the landscape above Hillside Village and between The Chedi Club Suites.

Ninety innovative architectural gems will form a designer concept village the world has not seen so far.

They will comprise multi-storey triangular buildings above ground as well as residences that will be partially tucked-into the cliff with panoramic wide-angle views over the golf course and the sea. A 100m-long extravagant Pool Bridge belongs to The Chedi Residence development, and will traverse the access road to Marina Village.

THE CHEDI VILLAS with their 400 m² living area, 450 m² covered external area and dedicated 2 500 m² sites will form a dramatically appointed village nestled into the cliffs along the fairways.

Take advantage of joining a privileged few who will own such extraordinary vacation homes. The Chedi will be opening for the season 2011. Owners may choose to participate in THE CHEDI HOTEL rental program developed by GHM, Singapore.

The soon to be completed Marina Village will form the commercial and entertainment centre of the resort and consists of seven residence buildings. Its design will allude to regional building traditions.
Situated only a few metres from the water, it covers a residential area with shops, restaurants and a cosy, colourful piazza. The Marina Village directly overlooks The Yachting Marina and Pier, and on its eastern side the Driving Range and the Watering Lake.

The Hillside Residences are located just 150 metres from the sea, at a slightly higher altitude, above Marina Village and will be ready for accommodation in the season 2009.
This village consists of ten buildings of traditional design each with 5 to 16 residences, each featuring an unobstructed view over their three dedicated pools, the Marina Village, the golf course and the sea.

Both Marina Village and Hillside Residences are already nearly sold out.

THE GOLF VIEW RESIDENCES AT THRACIAN CLIFFS

Nine (9) residence structures surround THE GARY PLAYER CLUBHOUSE in the heart of the Resort and all residences are overlooking the dramatic 18-hole signature golf course along 4 500m of cliff edge and the sea.

Rough construction of The Golf View Residences has been completed and Jean Michel Gathy‘s Kuala Lumpur headquartered DENNISTON DESIGN created a distinctive interior and exterior >www.denniston.com<.

Investors in this limited edition of only 40 luxuriously appointed 1- and 2-bedroom residences that surround the spacious 3 000m2 Clubhouse in the center of the resort, will benefit throughout their ownership from the right to access all of its facilities.

Imagine very wide panoramic indoor and outdoor infinity pools above each other with generous sundecks, an extravagant Fitness Club overlooking the indoor pool and holes 1, 2, 3, 4 and 18 as well as the Driving Range and the horizon beyond the Black Sea!

THE CHEDI SPA will be situated in close proximity to The Golf View Residences. The 4 000m2 spa will contain gender-separated ponds filled with water from the hot mineral spring on site. Spa aficionados will be able to soak up the healing trace elements and minerals that are so beneficial for a balanced body.

RESIDENCE CHARACTERISTICS
- Generous residence floor plans for mental revitalization...
- Stimulating and energizing Clubhouse facilities...
- Vibrant village communities of like-minded residence owners...
- Charming Golf View village identity with a joyful spirit
- Surrounding wild natural flora and fauna as well as manicured golfing greens...

PRICE RANGE inclusive of VAT, €
- 1-Bedroom Residences: 319 000 to 776 000
- 2-Bedroom Residences: 1 086 000 to 1 327, 000

RESERVATION DEPOSIT
Residence Reservation Deposit: € 3 000
The deposit is non-refundable.

PAYMENT TERMS
Percentage of Sale-Purchase Price payable according to the following scheme:
1.30% within ten (10) banking days subsequent to signing the Sale-Purchase Agreement;
2.70% within ten (10) banking days subsequent to Developer’s delivery of the Habitation Certificate (local Act 16).

RESIDENCE DELIVERY
By Spring 2010

RESIDENCE FURNITURE
Denniston designs and or selects Residences furniture and such furniture forms an integral part of the Sale-Purchase price.

PERSONAL STORAGE
All units come with basement storage.

RESIDENCE MANAGEMENT
The CHEDI HOTEL, part of the General Hotel Management Ltd (GHM), will provide Residence and or Residence + Rental Management under separate agreements.
GHM will provide services on a per m2 / annum basis. At present, such fee is stipulated at €14 + VAT.

RESIDENCE + RENTAL MANAGEMENT
GHM will provide optionally also RENTAL MANAGEMENT at a ratio of 55:45 of rental revenue exclusive of food & beverage and tax. The ratio of 55% will benefit for the Residence Owner.

GOLF CLUB MEMBERSHIP
Golf Club Membership constitutes an integral part of the Sale-Purchase Agreement.
Term. The Golf has a term congruent with the ownership of Residence not exceeding twenty (20) years.

ABOUT THE LOCAL AREA

BULGARIAN HERITAGE
Bulgaria occupies a strategic position at the crossroads of Europe and Asia where for millennia waves of conquerors from Asia and Europe have swept through from the north or south.
They frequently turned the plains of Thrace, Macedonia and the Balkan Mountains into fierce fighting grounds.
Before the settlement of the Bulgarians in 681, this land - one of the most fought-over in European civilizations - had seen many people’s cultures impressively make their presence, evolve, integrate and then have their identities vanish.
However, all of the peoples who settled or
occupied the former Thracian lands have left their own marks of existence. Such evidence is partly uncovered or is in the process of discovery.
The way people live, and used to live, has always fascinated travellers, and Bulgaria is blessed with so many examples! All around the country you can find traces of history, remnants of how people lived and how they were buried over the millennia, their habits, cultures, achievements and their presentations of art.
As a resident or vacationer at Thracian Cliffs you will have the prospect to experience a cross-section of the richest cultural heritage of Europe.

THE VISION

Thracian Cliffs is located on the northern Black Sea Coast of Bulgaria. According to Gary Player, it is destined to become ONE OF EUROPE's TOP RESORTS.
The project started in 2006 and is divided into stages; the first stage is almost complete and the last one will be finished in 2011.The 18-hole Gary Player Golf Course forms the core of the development that was designed prior to situating the real estate components within the resort.
This fact permitted Gary the optimum positioning of the eighteen holes directly along the cliffs on an undulating terrain without being compromised by the location of buildings.
Carefully selected locations of tees and greens on 164 hectares of wild, scenic Black Sea cliff terrain, spanning 4.5 kilometres along the coast, bestow a truly exhilarating golfing experience.

THE YACHTING MARINA AND PIER
on the ground level of the Seafront Residences will become the resort’s activity centre for leisure and shopping.
Numerous restaurants with indoor and outdoor settings will cater to regional and international tastes.
Self-contained medical and dental centres will offer value treatments at Bulgarian purchasing parity while on vacation.
The pier will feature boutiques and entertainment, a Boathouse that will accommodate a Diving Centre, yacht insurance brokers, new and pre-owned yacht brokers, a yacht service centre and a Fisherman Store.
The pier extremities will accommodate a lighthouse, a yacht petrol station and a crane to lift yachts and boats into the water