Eagle Valley Mountain Resort

2% Cashback EAGLE VALLEY MOUNTAIN RESORT

2% cash back, payable on first stage payment! Also the developers have no hesitation in offering a 7% rental guarantee for one year, or 6% for three.

Viewing trips are £199 per person, refundable on purchase. Reserve now before it goes to press, we have no doubt that prices will increase with the second phase

Europe’s new ski boom resort Heard of Bansko in Bulgaria? It’s been Europe’s boom ski resort over the past few years. Now building is grinding to a halt there as development has reached its limits and there’s a risk of over supply. So, where next? A ski resort in Europe’s biggest mountain range, in Europe’s biggest country. Slavsk in the Ukrainian Carpathians. These beautiful mountains end near the historic city of Lviv, with its airport and rail and road links direct to Slavsk – gateway to the Carpathians. This village and the higher ski area is growing fast; in fact, exploding with development activity. Polish and Ukrainian banks and companies, in particular, are pouring large sums into new developments. Plot prices have been shooting up in value. The secret is getting out and the rest of Europe will soon catch on. Ukraine’s first ski apartment offer Remarkably, for a country that likes skiing, Ukraine has, until now, not provided accommodation for sale that is typical of ski resorts the world over, namely apartments. Hotels and private chalets have been the norm. This gap will soon be filled as enterprising developers, Hanroc Developments Ltd, in conjunction with UK based International Property Sales are releasing Eagle Valley Mountain Resort, a community of 75 apartments and luxury leisure and spa centre. This follows the instant success of their remarkable Eagle Rock community in Beli Iskar, Bulgaria (www.eaglerock-bg.com). The development occupies a commanding position right in the high ski area, with its own small private valley and mountain stream. The views are inspirational, looking down on the forested surroundings. As the community is leasing the opposite side of the valley from the government for 49 years, turning the area in to a private park and picnic area, these views will remain unspoilt. There is a wide range of apartments, from studios to a couple of massive 200 sq.m. 4 bed penthouses. All apartments have balconies and from the leisure centre and restaurant, large South facing terraces that will make sun bathing possible even in winter! With the pure air and tumbling waters of the stream below, this will be a perfect place to rest and recuperate. There are a few small health facilities in near by hotels, but none as extensive as those in Eagle Valley. Good sized swimming pool, large Ukrainian style sauna, fully equipped gymnasium, therapy rooms and other options such as Jacuzzi. Apartment owners and their guests have free use of the facilities under the terms of their modestly priced service agreement.

Slavsk has a number of ski lifts – the nearest being just 350m from the doors of Eagle Valley. Many more new lifts are planned around the location of Eagle Valley. The mountains around Slavsk offer unparalleled opportunities to enjoy one of Europe’s last unspoilt natural environments. Lake Synevir, for example, is famous for its unique flora and fauna, and is only

about 35 kms away.

The rental benefit Thousands of skiers and lovers of mountain activities flock to slavsk in season, and increasingly so in summer too. The car parks become jammed with luxury marques, reflecting the high disposable income of the Ukrainian middle and business classes. At present, there is a considerable shortage of modern accommodation. Skiers sometimes have to travel long distances from accommodation – even up to a 100 kms one way! Prices per night for basic no ensuite rooms are around $80! Local hotels are booked up two seasons in advance. Hanroc development’s local service provider, Uaproperty.com, will operate an English and Ukrainian speaking rental service, to take advantage of the huge rental potential for apartment owners, with particular emphasis on the 240 million or so Russian speaking market. The developers have no hesitation in offering via International Property Sales a 7% rental guarantee for one year, or 6% for three. Prices Apartments in the Alps can cost over 14,000 Euros per sq. m. With little or no snow! And uncertain rental potential. Eagle Valley is offered at 990 Euros per sq. m., despite the considerable building challenge of its elevated and stunning site, and expensive leisure centre. Plus, marketing agents in UK, International Property Sales (0845 600 8866), are offering 2% cash back, payable on first stage payment! Viewing trips are £199 per person, refundable on purchase.