Waterfront Premium beach-front apartments at Belle Époque Residence

 
BULGARIA / LOZENETS / Cape Ambelits Beach
Prices from 68 100
  • Location: Bulgaria, Region Burgas, Lozenets, Cape Ambelits Beach, Belle Epoque Ambelits Beach MAP
  • Development: Holiday residential BROCHURE
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, Two-level penthouses, Penthouses
  • Total number of units:49  
  • Units available for sale: 9 PRICE LIST
  • Unit sizes: 48.54 sq.m 113.10 sq.m FLOOR PLANS
  • Unit prices: 68 100 237 600 PRICE LIST
  • Prices per sq.m.: 1 332  2 101 €/sq.m
  • Development status: Completed & operational
  • Date of completion: July 2016
  • Ownership: Freehold 
  • Rental return (p.a.): 5% guaranteed for 10 consequtive years
  • Capital appreciation (p.a.): 20% (guaranteed for 5 years) or 50% (guaranteed for 10 years)
  • Total return (p.a.): 10% (guaranteed)
  • No commission

Complex/building features

  • Sizes of units 48.54 sq.m - 113.10 sq.m
  • Total unfolded area of the building/s 2236 sq.m
  • Total number of units 49
  • Total number of parking spaces 14
  • Total floors 4
  • Type of construction High ceilings (over 2.85 m) / Brick-built

Distances

  • Airport 65 km to Burgas (BOJ)
  • Distance to beach resort 10 m
  • Distance to centre of the town/city 500 m
  • Food shop 500 m
  • Hospital 6 km
  • Bus stop 1 km
  • Railway station 60 km
  • School 6 km
  • Closest town Tsarevo - 5 km

Rental income features

  • Rental demand in the area High
  • Who will rent Tourists
  • Unit finishing in order to rent Fully-furnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Rental management fee No rental managment fee
  • Annual rental income 5% guaranteed for 10 consequtive years

Taxation

  • Annual local tax/council tax (approximate) 50-150 depending on size of apartment
  • Capital gains tax/profit tax on resale 10% if resold before year 3 and 0% if used as a permanent residence and if resold after year 3
  • Tax on rental income 10% annually
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

  • Resale Possible after completion
  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent , Property Developer, Stonehard
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing turn-key, unfurnished
  • Furnishing Unfurnished
  • Bathrooms Fully fitted bathroom
  • Internal walls Painted walls
  • Heating Air-conditioners
  • Air-conditioning Air-conditioning system, Inverter air-conditioner
  • Views from units Bay views, Beach views, Sea views, Swimming pool views

Facilities in the complex/building

  • Communal Elevator, Barbeque, Garage, Garden, Information, Lobby, Reception desk, Internet access
  • Recreational Outdoor swimming pool
  • Commercial Bistro, Lobby bar

Additional purchasing costs

  • Total additional costs 5%

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 20% (guaranteed for 5 years) or 50% (guaranteed for 10 years)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Buy-back options

  • Buy-back options Assured buy-back options after year 5 at 120% or after year 10 at 150%. Asset backed scheme with first mortgage in favour of the Investor.

Ongoing costs and aftersale charges

  • Maintenance charge Obligatory, 15 per sq.m. per year (free for Investors on guaranteed yield scheme)
  • Management fee and looking after property Not obligatory, 300 per year (free for Investors on guaranteed yield scheme)
  • Keyholding Not obligatory,