Kukuriak

THE RIGHT INVESTMENT IS WHERE THERE IS NO INFLATION

2

BUILDINGS

60

APARTMENTS

30

PARKING SPACES

10 000

FLOOR AREA

QUICK CONTACT WITH US

Sales are extremely dynamic due to the low prices, so if you have serious intentions, interest in buying or viewing an apartment contact us directly by phone. The listed phone has Viber so we can send information on that as well!

PRICE LIST

A price list with all payment options is available upon request by phone or email. Emails are answered within 2 working days! On WhatsApp we reply within 10 min.

VIEWINGS

Viewings of the apartments and the building are made every day between 09:00 and 19:00!
(we are open Saturdays and Sundays)
If you would like to book a viewing, we will ask you to confirm 1 day before the viewing by phone only, as emails are answered late!

Procedure for Purchase

View of apartment

+359 88 957 7225

We restrict viewings to apartments between 08:00 and 19:30 every day (including Saturdays and Sundays). Viewings must be confirmed by phone only, at least 2 hours in advance !

STOP DEPOSIT

2 000 euros

We stop the apartment from sale only after payment of a deposit of 2,000 euros.

Owner: Central Bank
IBAN: BGХХХХХХХХХХХХХ

SENDING DOCUMENTS

DOCUMENTS

We send a complete set of ownership documents, use permits , and a draft preliminary agreement.

signing a contract

Contract

We sign a contract of conveyance and specify a date for the notarial transfer of the non-living property.

Video Presentation of Kukuriak

Gallery

Kukuriak

Why buy an apartment with us?

Pros and Cons

The global property market has always been one of the most attractive assets among investors. Over the last 10 years we have witnessed a steady rise in property prices in Bulgaria, as well as constant speculation about the popular claim of the imminent bursting of another property bubble.

Since 2020, we have gone through a total of 5 consecutive epidemic waves caused by Kovid 19, constant political turmoil, caretaker governments, general anxiety about the Currency Board, War in Ukraine and last but not least – Inflation of everything. Despite this, property price growth in Bulgaria continues to rise and steadily.

Among the huge supply of properties, one of the hardest things is to hit the right investment where there is a balance between price, risk and liquidity. Usually, over-priced properties either carry a hidden risk or are only relevant for a short time because, at the moment, demand has outstripped supply and everyone is trying to invest their savings profitably and quickly. When an attractive offer pops up, the market pressures us to make a hasty decision, otherwise our indecision will lead to some other potential investor taking advantage of that offer. When making such a decision, everyone tries not to act emotionally, but to take a rational approach by calculating exactly what risk they are taking and whether the investment is truly liquid.

The liquidity of an asset or property is determined by how quickly that asset or property can be turned into cash. In other words, how quickly we can get rid of that property by reselling it. This is where the calculation of the pros and cons that would contribute to or hinder the eventual need to quickly resell the purchased property begins.

Because sales are really dynamic at Kukuriak and our clients often feel pressured to make a quick decision, we took the liberty of highlighting some of the determining factors when calculating risk and liquidity prior to purchasing a Kukuriak condo.

Reliable Investor and Builder with over 30 years of history

Builder: “Interbild Engineering” Ltd.

The finishing works in the Kukuriak Complex are being carried out by the Construction and Engineering Company “INTERBILD ENGINEERING” Ltd. The construction company was established to carry out projects owned by Global Invest Holding plc or its subsidiaries. “Interbild Engineering Ltd. does not perform construction services for Legal Entities or Individuals outside the holding group of Global Invest Holding Plc.

“INTERBILD ENGINEERING Ltd. is a long-standing member of the Chamber of Builders in Bulgaria, and over the years the company has built over 400 000 sq.m. of floor area with all financial resources provided by Global Invest Holding AD.

Investor: Praktikal Investment Ltd.

Investment Company “Practical Investment” Ltd. is part of the holding structure of “Global Invest Holding” AD, which performs a wide range of activities in the field of construction, entrepreneurship, tourism and finance.  All construction and investment activities are carried out by subsidiaries divided into four specialized and complementary areas.

“GLOBAL INVEST HOLDING” AD and its subsidiaries carry out their activities with OWN CAPITAL and DO NOT USE BANK LOANS!

Risk-free payment scheme

100% payment where you get 30% discount from the base price!

In this option a 2,000 euro deposit is paid to stop the apartment from being sold. After keying
preliminary contract is paid the difference up to 50% of the total sale price, and when reaching the rough
construction and notarial transfer of the apartment the remaining 50% is paid.

6 installments with 20% discount!

In this option a 2,000 euro deposit is paid to stop the apartment from being sold. We then enter into a deferred payment agreement in the following instalments:
1. Payment at contract conclusion -30%
2. Payment upon installation of windows -15%
3. Payment upon certificate of rough construction -15%
4. Payment on reaching Act 15 stage -30%
5. Payment on commissioning -10%

Payment after Act 16, where there is no additional discount from the Base Price!

In this option a 2,000 euro deposit is paid to stop the apartment from being sold. We then conclude
a deferred payment agreement in the following instalments:
1. Payment at contract conclusion -30%
2. Payment after Act 16 -70%

Unprecedented Market Price

Illogically low prices ! Hard to Believe but FACT!

One of the most frequently asked questions by our clients is WHERE IS THE COVER? or How is it possible to sell apartments with painted rooms , finished bathrooms and installed laminate flooring for less than the cost of construction? The truth is that there is NO CURE ! This is not a fraudulent scheme to collect Caparo or misuse of assets. We can safely say that the homes we sell have the best price in the area of Razlog, Bansko, Banya and Dobrinishte. In the last 3 years we have managed to realize over 800 sales of apartments at prices below 300 euro per sq.m. in Bansko and Razlog, and for the last 10 years we have over 2,800 sales of independent objects in Razlog, Bansko and Sofia.

When you invest in buying a furnished apartment of 60 sq.m., in a building with Act 16, in a resort area and TOP location, at a price lower than a single garage on GREEN in Sofia, then this investment becomes a truly liquid asset.

Excellent Location

Complex “Kukuryak” is a complex of luxury apartments near the historic center of Bansko, with its landmarks, traditional restaurants and taverns, and minutes from the new gondola lift to the ski slopes. The design and architecture of the building are in close harmony with the surroundings.

The Kukuryak complex is in a unique alpine style, with a dynamic form comprising two buildings connected by a central tower. The top of the tower is a replica of the bell tower from the church in Bansko. The typical local style is reflected in the shape of the balconies, eaves, chimneys, stone-covered walls and cobbled paths. The building combines natural materials such as wood stone, wrought iron, elegantly combined with modern hydro-, thermal- and acoustic insulation.

This unique complex is a pleasant stop both in the snowy days of winter and in the cool and crisp summer months – providing rest and relaxation to everyone who decides to enjoy the freshness of the Pirin Mountain.

Functional
Housing

The building has 1 main entrances, staircases, 1 elevator, and a total of 60 apartments and 20 garages. We can offer studios, one, two, three and four bedroom apartments.

All apartments have functional layouts and good views of the mountains or the city. The ideal parts are a significantly small percentage of the total square footage of each apartment.

Individual Electricity and Water Bills

Many of the properties available in Bansko and the Golf Course do not have individual lots for Heat and Water, making them a risky investment as you have no control over consumption. In other words, you may not use but you still pay.

In Kukuriak, each apartment is delivered with an individual batch for Electricity and Water, therefore each owner will pay as much electricity and water as he consumed.

Furniture Package

We currently offer 2 finishing packages

Buying an apartment is just the beginning, as after that you have to finish and furnish it. Quite often this undertaking proves to be overwhelming for many of our clients, as we all have busy and dynamic daily lives. As a consequence, some seemingly elementary finishing and furnishing works can drag on for months, and even years, which will certainly increase the finishing costs. We offer to save you time, energy and many headaches by ridding you of the inevitable and numerous meetings, haggling and illogically high prices of general labourers, craftsmen and cabinet makers.

Package 1

Finished Bathroom - waterproofing, tiles, toilet bowl and sink

Installation of Laminate

Painting of all rooms with white ceilings and 2 wall colours

Package 2

Complete apartment furnishing.
At the moment we can offer only 1 type of furniture, but soon we will announce a second option - Premium furniture.

Rent for Hire

When you buy an apartment in one of our complexes in Razlog or Bansko, you have the opportunity to rent your apartment without any additional fees! For customers who are not from the area we can offer you our representative to welcome your guests, as well as professional cleaning of the apartment. The service is of course not free, but it is certainly not offered at such an attractive price in any of the hotels in Bansko. No matter at what price you rent your apartment, we will only charge you for cleaning, which is worth from 25 BGN to 55 BGN excluding VAT, depending on the size of the apartment. You decide how many times you want the apartment to be cleaned for the whole period. You find customers through Air BNB, Trivago or Booking and we will make sure they are happy with their stay.

No Commissions Direct from Investor

We are not a Real Estate Agency, but an investor and developer. Therefore, when you buy an apartment or house with us, you do not owe a commission.

In recent years we have built over 400 000 sq.m. We have successfully completed over 2,800 sales of various independent objects. All our projects are executed by Interbild Engineering and all construction is 100% financed by Global Invest Holding or its subsidiaries. We operate entirely with our own capital, without the use of bank lending.