RESIDENTIAL GROUP EAST

Lake-View Custom Homes

The land lots for the custom houses are located in the premium eastern part of the project, offering spectacular views of the Iskar Lake, Rila Mountain and the Balkan Range.

The area’s urban composition was developed in accordance with the terrain natural features to create an architectural amphitheater pointing all houses to the Iskar Lake.

The custom homes were and will be designed exclusively by OKOL Lake Park’s leading architects and interior designers, offering a tailor-made service to future owners.

The houses are developed in line with OKOL’s overall architectural concept and within the urban development parameters – Floor Area Ratio of about 0.4.

All plots for custom houses have the appropriate infrastructures, including:

  • Street infrastructure and year-round access to the plot
  • Connection to the power supply network
  • Connection to the water supply network
  • Connection to the sewage system of the complex

The land lots are provided as part of a combined agreement for house design and construction.

The price of the land lots is set at 150,000 EUR / decare, VAT inclusive.

INFORMATION IN PDF

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PAYMENT PLAN

for Purchasing a Plot, Design and Construction of a Custom House

Amount

Payment

Milestone and Timeline

Plot selection

Documents

Amount

6000 EUR

Payment

Property reservation fee

Milestone and Timeline

Property reservation

Documents

Reservation fee agreement

Amount

Payment

Milestone and Timeline

Design assignment – min. 1 month from Reservation fee agreement

Documents

Design assignment questionnaire

Amount

Payment

Milestone and Timeline

Draft design – min. 1 month from approved Design assignment

Documents

Draft design; Budget estimation

Amount

Payment

Milestone and Timeline

Technical design – min. 3 months from approved Draft design

Documents

Technical design; Interior design; Final budget; Visualizations

Amount

Payment

Milestone and Timeline

Approved Designs

Documents

Preliminary contract

Amount

20 %

Payment

Advance payment (the deposit amount is deducted from the advance payment)

Milestone and Timeline

Commencing construction works – not earlier than 06.2021

Documents

Protocol Sample 2 for opening of the construction site

Amount

50 %

Payment

Interim payment

Milestone and Timeline

Completion of rough construction – not earlier than 10.2021

Documents

Protocol under Article 181, Para 2 of the LSP

Amount

30 %

Payment

Final payment

Milestone and Timeline

Building Commissioning – not earlier than 06.2022

Documents

Аct for entry into exploitation of the House; Notary Deed