Nomorehotels Adds Bulgaria To Property Hot Spots Portfolio

July 07, 2006 - Press Dispensary - Property investment company Nomorehotels Ltd (http://www.nomorehotels.co.uk ) is adding the destination Bulgaria to its luxury accommodation portfolio. Investment home opportunities from £35,000 are available to those looking to buy stylish, contemporary and fully furnished apartments in the ski resorts of Bansko and Pomporovo.

The properties, conveniently situated near ski lifts, enjoy impressive, uninterrupted views over the country’s most beautiful mountains. Each apartment is built in traditional Bulgarian architectural style with a high specification finish including feature fireplace, Italian terracotta floor tiles, walled garden and parking. Onsite facilities include a spa with sauna, steam room, swimming pool, gymnasium, bar and health food restaurant. A 24 hour concierge service is also available.

Rental income is predicted to be high and consistent throughout the year as both resorts are conducive to winter and summer breaks. And Nomorehotels provides a 3 year rental guarantee scheme of 5% per annum, whilst also undertaking the property maintenance and management of the building. The service is operated by an experienced rentals team and designed to maximise return on investment by sourcing appropriate and regular clients as well as working with all the major tour operators such as Thompson, First Choice and Balkan Holidays.

Bulgaria is growing in popularity as a holiday destination - more than four million foreigners visited during 2005 - and the general cost of living is still one of the lowest in Europe. With EU accession set for 2007/08 and an Olympic bid in place for 2014, Bulgaria is tipped to be the next property hotspot and is creeping up as a favourite new ski destination.

Nomorehotels will be showcasing these and many other developments at ‘A Place in the Sun Live’, NEC, Birmingham from 29 September – 1 October 2006. A knowledgeable team will be on hand – stand A18 - to discuss property investment opportunities.

Director Kash Ijaz says: "We refer to our properties as home away from home. The emphasis is on building loyalty through high levels of service, whether customers are looking to buy a property for investment, business purposes or short breaks".

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Nomorehotels Ltd is a worldwide property service and management company with bases in London, Manchester, Leeds, Nice, Dubai and now Bulgaria. Its main business activities include managing serviced accommodation rentals and holiday home sales.

The company was formed in January 2004 by entrepreneur Kash Ijaz who was disillusioned with the standard of property services available. Kash has 12 years experience in property design and management and has built his own extensive property portfolio. The business is expanding and has grown by 50% since the beginning of 2006.

Nomorehotels is targeted at clients wanting the luxury and service of a hotel but the facilities, space and comfort offered by self-catering and serviced accommodation.

For further information please contact:
Kash Ijaz, Director, Nomorehotels Ltd
Tel: 0870 850 8514 / +44 (0)208 6753356
Fax: +44 (0)208 6734078
Email:
Site: www.nomorehotels.co.uk