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Bran Log Cabins Beautifully designed and constructed log cabins in the Carpathian mountains. This property for sale in Romania is situated close to Bran Castle.
These luxuriously designed log cabins are being constructed by the leading developer in the area who has many years experience building log cabins, residential homes and shopping malls in the area. No expense is spared with these cabins using the highest quality timber and finished to a high level. Each cabin comes with a staggering 500sqm of land. Location Bran is well known as the location of Dracula's castle. This location has become a magnet for all tourists visiting Romania. Located only 25km from Brasov in the Carpathian mountains, Bran has much to offer with all-year-round tourism and excellent skiing in the winter in its surrounding ski resorts, Poiana Brasov, Predeal, Sinaia, Busteni and Azuga. Construction Schedule Construction of your log cabin can be completed within 90 days of receiving the individual building licence. The developer is flexible on construction timing. Facilities And Maintenance The development itself boasts a restaurant, a bar, shopping facilities, and interestingly several "Pensiune". (This is a type of accommodation, some of them are bed and breakfast, others can provide all meals).
In addition there is a host of facilities and services in the immediate area of the development. There are both primary and secondary schools, a gymnasium / fitness centre, a variety of shops from large shopping malls to local market stalls, Kinder-land - a children's theme park, and excellent transport links. Payment Terms The Right Move Abroad have a refundable reservation fee policy which enables you to hold an apartment for up to 30 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property / development within the 30 day period. Only 10% of your reservation fee is retained by The Right Move Abroad as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
1st instalment: 50% of the purchase price paid upon signing the Preliminary Sales Contract (less your reservation fee)
2nd instalment: 50% upon completion and Notary Transfer.
info update: 14/12/07.... Change in Romanian fiscal law January 2008.
In December 2007 The Right Move Abroad received confirmation of the Romanian government’s intentions in relation to VAT when purchasing a property.
For anyone who has purchased property, or is about to purchase property in Romania, queries in relation to this information should be addressed to your Accountant & Solicitor for confirmation & clarification.
The Romanian government have altered the tax system in relation to Government Ordinance no. 10/6/2007 from the 1st of January 2008.
This law relates to the inverse taxation system concerning apartment and land purchases for Romanian companies, under the current legal system VAT is not payable on these purchases and this system will be revised as of January 2008.
What does this mean for buyers?
On any sales purchase agreement signed after the 1st of January 2008 19.5% VAT will be payable on top of the purchase price for all apartment or land purchases.
Buyers who have already signed sales purchase agreements and made payments to the developer will pay VAT on any remaining payments.
It is important to note that every buyer will be able to claim back any VAT paid from the Romanian Government at the end of the fiscal year so this change will not actually increase the prices of the apartments.
Please contact your lawyer or accountants for further details. About the Immediate Vicinity This small development of log cabins is situated in a quiet, yet well situated position in Bran. It is less than 1km from the castle, 11km from Poiana Brasov ski resort and 12km from the planned golf course in Poiana Mica.
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