FAQ's
Have a look at the most frequently asked questions
or get in touch with us!
What is the project timeline?
July 2025: Purchase building completed (10th July), site clearance and security installation by end of month.
August – November 2025: Building materials delivery, roof repairs and new skylights, window installation. Building must be closed from outside with windows, insulation, facade, roof and gutters by end November, plus all apartment partition walls installed.
November 2025 – May 2026: Interior work on partition walls, building systems (water, electric, internet, heating/AC preparation).
Spring – Summer 2026: Wall plastering and painting, flooring, tiling, bathroom installation, doors, sockets and balcony railings.
Autumn 2026: Aim for apartment completion with water and electric connection for winter use.
Autumn 2026 – Spring 2027: Final work on corridors, lift, commercial units, basement, reception, spa, gym, storage and landscaping.
Target completion: Apartments by November 2026, full building and common areas by May 2027.
What is the buying process?
Select your apartment and sign a reservation agreement with Plus Property, paying an advance deposit of €1,500-2,500 (this is deducted from the total price, not a fee).
Sign a preliminary purchase contract with Hub Investments OOD by end July/early August 2025, then make your first instalment payment.
Pay in instalments according to your individual payment plan:
- 1st instalment: 25-30% within 30 days of signing
- 2nd instalment: 25-30% within 4-6 months after windows/facade completion
- 3rd instalment: 25-30% within 6 months after apartment walls/systems completion
- 4th instalment: For limited buyers only
- Final payment: 10% or balance at title deed transfer, October-November 2026
Complete the purchase at notary with associated fees (4.5% in 2025, potentially 5% in 2026).
How are the companies legally structured?
Hub Investments OOD is the developer and owner of the land, building and all apartments – they complete and sell your apartment.
Orbelus BG is the investment company sourcing initial funds from financial investors with minority shares in Hub Investments.
Plus Property is the in-house sales department handling reservations, contracts and liaison with buyers.
Important: All instalment payments must go to Hub Investments OOD business bank accounts (Unicredit Bulbank, Revolut, or FIBank), not to Plus Property.
What are the building specifications?
Structure: Roof with 20cm under-roof insulation, 10cm facade insulation, high-quality soundproofing.
Windows: High-quality PVC triple glazing with low-emission glass, medium brown colour.
Systems: Complete electric and plumbing installations, private electric and water accounts, connection to town systems.
Heating: Wall-mounted electric radiators standard, heat pump for common areas as upgrade.
Finishes: Plastered and painted walls, granite/stone corridors and staircases, wooden railings (considering cast iron integration), medium brown terraces.
What do apartments include?
Apartments are sold “finished” with:
- Plastered and painted walls and ceilings (white, washable paint)
- 10mm thick oak veneer laminate flooring
- Floor tiles in bathrooms and possibly entrance/kitchen areas
- Bathroom wall tiles to ceiling
- Complete bathroom with standard sink, toilet and shower
- All doors and windows installed (metal front door with wood veneer, laminate interior doors)
- All switches and sockets (white/off-white, considering multi-plug sockets)
Not included: Kitchen or furniture (packages available), hot water boilers (€150-200 plus installation), AC units (€650-750 including installation after radiator credit).
Can I customise my apartment?
Yes, owners can make custom fittings including different wall colours, upgraded flooring and tiles, wall-mounted toilets, fancy showers, square boilers, floor heating, upgraded sockets and other systems.
We provide free installation for standard items and can accommodate custom upgrades for additional cost. You can also bring your own designer or working team.
For two-bedroom apartments, the internal wall between rooms can be moved, made of glass, or removed entirely, though additional charges apply for construction changes.
What kitchen options are available?
Modern kitchen packages starting at:
- Studio: €3,500
- One bedroom: €4,500
- Two bedroom: €5,500
Includes lower and upper cabinets, worktop, backsplash, sink, taps, double hob and built-in extractor. Installation, electric and plumbing work included.
Upgrades available: larger fridges, ovens, bigger sinks, 4-hob units, fancy extractors, dishwashers – all installed free when ordered through us.
What building facilities are included?
All facilities are private commercial units, operated free for the first year (2026), then available for purchase by owners or rental to management company:
- Bar/café/snack bar
- Coworking office with quiet rooms, lounge, meeting rooms
- Gym with machines and class space for yoga/dance
- Spa centre with sauna, steam bath, jacuzzi
- Massage room
What are the annual running costs?
Compulsory costs:
Property & garbage tax: €40-50/year (studios), €50-70/year (one-bed), €70-80/year (two-bed). Doubles if you get rental licence.
Maintenance fee: €11/sqm/year covering common area upkeep, utilities, cleaning, security, lift, building insurance, garden maintenance and repairs fund.
Optional costs:
Property management service: €300-390/year if you choose not to self-manage (bills, cleaning, repairs handled separately).
Rental management:
A 15-18% fee of rental income if using rental services, plus 10% income tax and small VAT costs.
Do I have restrictions on property use?
No restrictions on use – you can use as home, Bulgarian residence, business residence, long-term or short-term rentals.
Inside your property, make any changes you like (cannot affect building structure or facade). You have complete freedom in how you use and modify your apartment.
Contact us in case you have further questions.
Information about Bansko
Bansko is a charming mountain town in southwestern Bulgaria that has quickly become one of Europe’s most beloved year-round holiday destinations. Nestled at the foot of the majestic Pirin Mountains, Bansko effortlessly blends modern resort comforts with centuries of history and authentic Bulgarian culture.
The town with a population of 11.000 people is known for it’s world-class skiing and snowboarding, year-round outdoor adventures and it’s rich cultural heritage and spa’s and wellness.
Attractions in Bansko - Bulgaria
Discover the Charm of the Area and All It Has to Offer!
Bansko Nomad Fest
Bansko is a charming mountain town in southwestern Bulgaria that has quickly become one of Europe’s most beloved year-round holiday destinations. Nestled at the foot of the majestic Pirin Mountains, Bansko effortlessly blends modern resort comforts with centuries of history and authentic Bulgarian culture.
The town with a population of 11.000 people is known for it’s world-class skiing and snowboarding, year-round outdoor adventures and it’s rich cultural heritage and spa’s and wellness.
Adding to this charm are the countless cozy and meticulously maintained private hotels and mehanas (traditional inns), designed in a classic style. These venues offer a warm and inviting ambiance, perfect for experiencing the town’s original cuisine.
All of this is set against the backdrop of the breathtaking natural beauty of the Pirin Mountains. Additionally, the nearby village of Banya is renowned for its warm mineral waters, enhancing the region’s appeal.
Since 1979, Bansko has held the prestigious status of a “unique town with international significance in the tourism industry.” Its growing popularity is a testament to the exceptional experience it offers.
Inquire About An Apartment
Contact us so you can get the latest information about all available investment opportunities and apartments in Orbelus Bansko