Waterfront Beach-front apartment complex on the Black sea

 
BULGARIA / RAVDA / First line from the sea
Prices from 35 000
  • Location: Bulgaria, Region Burgas, Ravda, First line from the sea MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:72 
  • Units available for sale:30 PRICE LIST
  • Unit sizes: 39 sq.m 216 sq.m FLOOR PLANS
  • Unit prices: 35 000 299 000 PRICE LIST
  • Prices per sq.m.: 897  1 384 €/sq.m
  • Development status: Completed & operational
  • Date of completion: October 2013
  • Ownership: Freehold 
  • Rental return (p.a.): 3-4% (estimated)
  • Capital appreciation (p.a.): 5% (estimated)
  • No commission

Complex/building features

  • Sizes of units 39 sq.m - 216 sq.m
  • Total number of units 72
  • Type of construction Reinforced concrete structure / Brick-built

Distances

  • Airport 40 km to 

Rental income features

  • Rental demand in the area High,Moderate,Short-term rental
  • Who will rent Expats,Local people,Tourists,Young professionals
  • Unit finishing in order to rent Fully-furnished,Unfurnished
  • Rental management In-house management company
  • Annual rental income 3-4% (estimated)

Exit strategy

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

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

Unit/apartment features

  • Finishing Excellent
  • Furnishing Unfurnished
  • Internal walls Painted walls
  • Heating Air-conditioners
  • Air-conditioning Standard air-conditioner
  • Windows UPVC window frames
  • Views from units Beach views, Sea views, Swimming pool views, Views to inner garden

Facilities in the complex/building

  • Communal Information, Elevator, Reception desk, Garden, Internet access
  • Recreational Children's pool, Outdoor swimming pool

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* 5% (estimated)

*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.

Ongoing costs and aftersale charges

  • Management fee and looking after property Not obligatory, 10 Euro per sq. m.