SOLD OUT Lovely apartment building right next to the beach

 
BULGARIA / VARNA / M-T EVKSINOGRAD DIST.
SOLD OUT
  • Location: Bulgaria, Region Varna, Varna, dist. m-t Evksinograd MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:15  
  • Units available for sale: 10 (67%) PRICE LIST
  • Unit sizes: 138.92 sq.m – 183.97 sq.m
  • Development status: Under construction
  • Ownership: Freehold 
  • Capital appreciation (p.a.): 7% (estimated)
  • Total return (p.a.): 11% (estimated)

Complex/building features

  • Sizes of units 138.92 sq.m - 183.97 sq.m
  • Total unfolded area of the building/s 1304 sq.m
  • Total number of units 15
  • Total number of parking spaces 7
  • Total floors 4
  • Type of construction Brick-built

Distances

  • Airport 8 km to Varna (VAR)
  • Distance to beach resort 170 m
  • Distance to centre of the town/city 4 km

Rental income features

  • Rental demand in the area High,Long-term rental
  • Who will rent Expats,Local people,Tourists
  • Unit finishing in order to rent Unfurnished
  • Ability to terminate rental agreement Easy

Exit strategy

  • Resale Possible after completion
  • Easy exit High demand - very easy
  • Resale management/consultant 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
  • Internal walls Painted walls
  • Heating Air-conditioners
  • Windows UPVC window frames
  • Views from units Bay views, Sea views

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* 7% (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.