Orange is a boutique development attractively situated in secure and breathtakingly beautiful surroundings in the elegant resort of St. Vlas. The development is part of the large "Orange" project, but is a separate gated unit with two swimming pools and a fitness centre. It enjoys good infrastructure and fantastic access. The delightful complex has a fantastic location only a minute away from the sea and the beach, as well as the greatest attraction of St. Vlas resort - the yacht marina surrounded by trendy bars and pleasant restaurants. At the same time, the complex features apartments of excellent quality, all reasonably priced.
An elegant resort, St. Vlas is a holiday site that attracts mainly young families with children and couples in their golden years. Providing a tranquil and easy-going lifestyle, the holiday zone is ideal for relaxation and yet has a fantastic choice of entertainment options. Luxurious and elegant, the resort is very close to the busy Sunny Beach resort which is nearby.
Key points of Orange Apartment Complex
Location: prime position 1 minute walk from the beach and 2 min walk from the marina
Amenities: 2 outdoor swimming pools and a pool bar; Sauna; Fitness Centre; Café
Infrastructure: excellent choice of restaurants, cafes and shops nearby

St. Vlas Resort
In you are looking for a relaxed summer holiday or a secure investment spot, St. Vlas is the place to consider. This small family resort enjoys an excellent seaside location and proximity to the Stara Planina Mountain slopes. The tranquil site is very close to the posh Sunny Beach resort (5 km) and the romantic old town of Nessebar (9 km). In the vicinity of the resort, there are three fine sand beaches: a central one, a camping one and one at the new marina.
The area is ideal for swimming and sunbathing, as well as yachting.

Orange Complex: standard of finish
Solid reinforced concrete structure
Outer insulation Brillux from Germany
Inner mineral plastering Brillux from Germany
UPVC window joinery from Austria with 5 year guarantee
Interior doors from MDF with metal lining
Smoothly plastered and painted with German latex paint Brillux
Fully fitted kitchens
Fully fitted bathrooms with sanitary equipment and shower
Air conditioners type Osaka
Italian granite tiles in all common parts, including the verandahs
Network for cable television, telephone and internet
Luxurious elevators
Landscaped gardens

Furnishing
All Orange 5 apartments will come fully completed with fitted kitchen units, fully fitted bathrooms & air conditioners. A full furnishing package (including all other necessary items) will be provided by the investor to the approximate cost of:
- 3 000 Euros for a studio apartment
- 5 000 Euros for a one-bedroom apartment
- 6 000 Euros for a two-bedroom apartment

Maintenance of communal areas
The annual maintenance fee for Orange Apartments is 5 Euros per sq.m. (VAT included) and will cover the following:
∙ Maintenance of the communal gardens and the swimming pool
∙ Maintenance, cleaning and electricity bills of the common parts (corridors of the block)
∙ Standard repairs occurring from the normal use of the building

General Conditions
• No company is needed to own an apartment in Orange complex.
• All owners who rent out their apartments must pay an annual 10% rental income tax.

Completion date: November 2008

Payment Plan

Standard
- 5 % deposit /first installment/ to the bank account of the builder (non-refundable)
- 25 % /second installment/ paid at signing the Preliminary Contract (approx. 28 days after the deposit is given)
- 20 % /third installment/ paid when the first floor is reached (approx. March 2008)
- 20 % /fourth installment/ when the fourth floor is reached (approx. June 2008)
- 10 % /fifth installment/ when the complex reaches shetll stage (approx. October 2008)
- 10 % /sixth installment/ the window joinery is installed (approx. December 2008)
- 10 % /seventh installment/ is paid on completion of the complex and receiving of Act 16 (permission to use), at which point the ownership of the property will be transferred to the buyer

With 5 % off
- 5 % deposit /first installment/ to the bank account of the builder (non-refundable)
- 90 % /second installment/ paid at signing the Preliminary Contract (approx. 28 days after the deposit is given)
- 5 % /third installment/ is paid on completion of the complex and receiving of Act 16 (permission to use), at which point the ownership of the property will be transferred to the buyer