Holiday apartments in the most vibrant Bulgarian Black sea resort

 
BULGARIA / SUNNY BEACH
Prices from 38 700
  • Location: Bulgaria, Region Burgas, Sunny Beach MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:37 
  • Units available for sale:20 PRICE LIST
  • Unit sizes: 57 sq.m – 121 sq.m FLOOR PLANS
  • Unit prices: 38 700 – 69 000 PRICE LIST
  • Prices per sq.m.: 679 – 570 €/sq.m
  • Development status: Completed & operational
  • Date of completion: 2008
  • Ownership: Freehold 
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 5% (estimated)
  • No commission

Complex/building features

  • Sizes of units 57 sq.m - 121 sq.m
  • Total unfolded area of the building/s 3052 sq.m
  • Total number of units 37
  • Total floors 6

Distances

  • Airport 35 km to 
  • Distance to beach resort 350 m

Rental income features

  • Rental demand in the area High,Short-term rental
  • Who will rent Tourists
  • Unit finishing in order to rent Fully-furnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Annual rental income 4% (estimated)

Taxation

  • Annual local tax/council tax (approximate) 50-100€ for 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%
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

  • Easy exit Moderate
  • Resale management/consultant Local estate agent , Stonehard
  • Who will buy Foreign buyers

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

Unit/apartment features

  • Furnishing Fully furnished
  • Views from units Park views, Town views

Facilities in the complex/building

  • Communal Garden, Outdoor parking lot, Reception desk, Wi-Fi internet in the whole complex
  • Recreational Children's playground, Children's pool, Fitness centre, Outdoor swimming pool, Jacuzzi, Massage, Sauna, Solarium, Spa procedures
  • Commercial Bar, Cafe, Lobby bar, Pool bar, Restaurant

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

  • Maintenance charge Obligatory, 10 Euro per sq.m. per year