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ORPHEUS VALLEY SKI & SPA

LOCATION:

Orpheus Valley is placed in a prestigious location with direct access to extensive ski runs literally on your doorstep.

Orpheus Valley is one of the highest altitude developments in Bulgaria- 1700m.

Pamporovo is conveniently located - 240 km from Sofia, the capital of Bulgaria and 85 km from Plovdiv, the second largest city. Low-cost charter flights are available to Plovdiv in the winter.

The ski season lasts from early December until mid-April.

THE COMPLEX:

Orpheus Valley Ski & Spa satisfies the needs of different target audiences. We offer the largest selection of apartments and suites – varying from 30 to nearly 120 square meters.

The complex consists of 2 parts:

•Part 1: Orpheus Valley Apartments (Sections A, B, C, D and E)

•Part 2: Orpheus Valley Suites & Spa (Sections F & G)

Orpheus Valley is located right underneath the majestic Karamandja Peak, surrounded by a hundred year snow-capped pine forest overlooking the hills and valleys of the Rhodopi Mountain.

The development offers a new business approach to real estate investments - Hotel Management of the property. The benefits for the investor can be summarized as:

•Guaranteed rental income of 22.5% over 5 years

•Expected capital appreciation: 20% per year

•Free professional hotel management and maintenance by Balkan Hotel Management Company

•Security of a bank underwritten project

•Outstanding recreation & spa facilities

•Primary location in the Super Perelik Project

Orpheus Valley will offer 4-star holiday experience. The quality of furniture, complimented by the wide-range of facilities and the exclusive location of the development has already attracted major tourist operators.

Heated covered connection links the different complex sections with the Spa & Leisure Centre.

Every building will have 2 elevators and facilities for disabled citizens.

FACILITIES

Orpheus Valley offers the widest range of facilities and entertainment available in one holiday complex in the whole of Pamporovo.

Accommodation:

•24-hour reception and concierge

•Room service

•Laundry and ironing service

•Processing of major credit cards

•Money exchange and ATM

•Facilities for disabled citizens

•Covered connections among the buildings and SPA center

•Garages and parking lots

•Conference facilities: 3 conference halls

•Shuttle Service

Food & Drinks

•Main restaurant

•Irish bar

•Discothèque

•Wellness Café & Bar with an open terrace

•Lobby bar with a fireplace

•Catering

Leisure & Recreation:

•Shopping center

•Beauty parlour

•Swimming pool

•Sports and SPA centre

•Exotic garden

•Baby-sitting

Entertainment & Sports

•Ski depot

•Ski kindergarten

•Snooker and Darts

•Activity room with cinema

•Internet and gaming

•Pinball machines and table tennis

•History, folklore and wine trips

•Mountain tracking and biking tours

•Sightseeing tours

The developer is the owner and manager of the facilities which ensures the long-term dedication of the company to the success of Orpheus Valley as a tourist enterprise.

FURNITURE:

The apartments of Orpheus Valley Complex will be finished to a high specification and the developer offers furniture packs, carefully selected to suit the needs of both private and investment purchasers.

MANAGEMENT:

The complex will be managed by Balkan Hotel Management Company (BHMC).

Every apartment owner in Orpheus Valley Ski & Spa has the opportunity to become part of a profitable tourist enterprise.

Once an owner at Orpheus Valley, one can rent his apartment to BHMC for a guaranteed rental income. Buying an apartment and renting it to Balkan Hotel Management Company means ownership in a hotel establishment where the Developer has invested more than 3 million Euros in additional hotel infrastructure and facilities. Therefore, buyer acquires ownership in a luxury tourist complex at the price of an ordinary apartment.

The professional Hotel Management is a decisive factor for negotiating with the tour operators, which in turn increases the profit opportunities for every individual investor.

Balkan Hotel Management Company was established with the main objective to manage the rented, individually-owned apartments and the complete hotel infrastructure and facilities, as a comprehensive, professionally run hotel enterprise.

The company’s team is led by Mr. Hadjinikolov (Deputy-Minister of Economy and Head of the State Agency for Tourism during 2001-2005) and consists of leading specialists with many years of experience in the tourist sector. Balkan Hotel Management Company plays a decisive role in:

•Advising on the planning of the investment project – in order for the development to acquire all government hotel certificates

•Developing a business plan for the operation of the hotel facility

•Planning, hiring and managing every aspect of hotel personnel: accommodation, catering, tourist attractions

•Managing all maintenance and recreation facilities

•Developing the marketing activities of the hotel-managed property and organizing the negotiating and contracting for every season with tour operators.

BHMC is the company that every apartment owner needs in order to efficiently manage his property. This is the way to turn an apartment into a profitable tourist enterprise. This is the way to realize rental return and capital appreciation of a tourist business rather than just an apartment

PAYMENT PLANS:

1.Orpheus Valley Apartments (Section A, B, C, D and E)

Standard payment plan:

-Advance Payment: 30%

-Completion: 70%

Leasing Payment Plan:

-Advance payment: 30%

-6 months after signing the Preliminary Contract: 30%

-12 months after signing the Preliminary Contract: 40%

Discounted Payment Plan:

-Advance payment: 60%

-Completion: 40%

* The discounted payment plan comes with 5% discount

2.Orpheus Valley Suites & Spa (Sections F&G)

-Advance payment: 25%

-3 months after signing the Preliminary Contract: 25%

-Completion: 50%

CONSTRUCTION STAGES & MAINTENANCE:

Orpheus Valley Apartments (Sections A, B, C, D and E)

Completion:

Section A & B: February, 2008

Section D & E: May, 2008

Section C: July, 2008

Orpheus Valley Suites & Spa (Sections F & G)

Roofing:October, 2008

Completion:July, 2009

Maintenance fee: 12 EUR per sq.m. per year.

SUPER PERELIK PROJECT:

Pamporovo is undergoing a massive 255 million Euro ‘Perelik Project’ encompassing new ski slopes, chair lifts and drags, artificial snow equipment, hotels, more skiing and entertainment facilities, a possible golf course and new infrastructure. Super Perelik Project has recently prompted a new wave of serious interest from international buyers wishing to purchase Pamporovo property.

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