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Old 10-04-2008, 02:10 PM
Bansko MGM Bansko MGM is offline
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Join Date: Feb 2008
Posts: 11
Default Current Perun Lodge progress

Hi all,

I will get it out of the way first...... yes, I am a property developer who lives in Bansko, and sell my property in the Razlog valley MGM (Mountain Golf Mansion).

Now that is out of the way.

I took on a resale yesterday in Edelweiss (directly behind Perun Lodge), and can confirm the builders were busy at work.

Perun Lodge ended the contract with their recent building contractors, and that is never easy to rectify. The build is currently starting the 3rd floor but will take some time to complete. It may finish by November, but only if they work double shifts.

The reason for this is that Perun Lodge is backed by CSIF, and is the only development carrying penalties for coming in late, ie 0.01% of the purchase cost is paid to the buyer for each and every day the project is delayed.

Regards
Duncan Monro