Waterfront La Mer Residential Complex

 
BULGARIA / NEAR GOLDEN SANDS / Varna Free University
Prices from 62 300
  • Location: Bulgaria, Region Varna, in the area of Golden Sands, Varna Free University MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, Large apartments, Two-level penthouses
  • Total number of units:145  
  • Units available for sale: 44 PRICE LIST
  • Unit sizes: 77.82 sq.m 261.98 sq.m FLOOR PLANS
  • Unit prices: 62 300 168 400 PRICE LIST
  • Prices per sq.m.: 560  1 560 €/sq.m
  • Development status: Completed & operational
  • Date of completion: January 2014
  • Ownership: Freehold 
  • Rental return (p.a.): 3-4% (estimated)
  • No commission

Complex/building features

  • Sizes of units 77.82 sq.m - 261.98 sq.m
  • Total number of units 145

Distances

  • Airport 15 km to 
  • Closest town Golden Sands Resort - 3 km

Rental income features

  • Rental demand in the area High,Moderate,Short-term rental
  • Who will rent Tourists
  • 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 Low demand
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

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

Unit/apartment features

  • Furnishing Unfurnished
  • Bathrooms Fully fitted bathroom
  • Flooring in rooms Laminate flooring, Tiled flooring
  • Internal walls Painted walls
  • Windows UPVC window frames

Facilities in the complex/building

  • Communal Elevator, Garage, Garden, Information, Lobby, Reception desk, Boutique shops, Internet access, Rentacar, Room service
  • Recreational Children's playground, Children's pool, Indoor swimming pool, Outdoor swimming pool, Fitness centre, Jacuzzi, Massage, Steam room, Hair and beauty salon, Sauna, Solarium
  • Commercial Pool bar, Cafe, 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.

Ongoing costs and aftersale charges

  • Maintenance charge Not obligatory,
  • Management fee and looking after property Not obligatory, 11% per sq. m. (estimated)
  • Keyholding Not obligatory,
  • Accountant Not obligatory,