Apartments in a complex near the Black sea

 
BULGARIA / SUNNY BEACH / TSENTAR DIST.
Prices from 55 512
  • Location: Bulgaria, Region Burgas, Sunny Beach, dist. Tsentar MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments
  • Total number of units:547  
  • Units available for sale:11 PRICE LIST
  • Unit sizes: 51 sq.m – 98 sq.m FLOOR PLANS
  • Unit prices: 55 512 – 107 200 PRICE LIST
  • Prices per sq.m.: 1 088 – 1 094 €/sq.m
  • Development status: Completed & operational
  • Ownership: Freehold 
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 4% (estimated)
  • No commission

Complex/building features

  • Sizes of units 51 sq.m - 98 sq.m
  • Total number of units 547
  • Total floors 8
  • Type of construction Brick-built

Distances

  • Airport 35 km to 
  • Distance to beach resort 200 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) 100-200 € 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% annually
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

  • Easy exit Moderate
  • Who will buy Foreign buyers, Local people

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

Unit/apartment features

  • Furnishing Fully furnished
  • Heating Air-conditioners
  • Air-conditioning Air-conditioning system
  • Views from units Park views, Sea views, Swimming pool views, Town views

Facilities in the complex/building

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

Additional purchasing costs

  • Total additional costs Approx. 5% of the purchase price

*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* 4% (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, 15.40 € VAT included per sq.m. per year