SOLD OUT Waterfront Premium beach-front apartments at Belle Époque Residence
Total number of units
- Total: 48
- Sold: 42 (88%)
- Reserved: 3 (6%)
- Available: 3 (6%)
Complex/building features
- Sizes of units 57.56 sq.m - 62.16 sq.m
- Total unfolded area of the building/s 2236 sq.m
- Total number of units 48
- Total number of parking spaces 14
- Total floors 4
- Type of construction High ceilings (over 2.85 m) / Brick-built
Distances
- Airport 65 km to Burgas (BOJ)
- Distance to beach resort 10 m
- Distance to centre of the town/city 500 m
- Food shop 500 m
- Hospital 6 km
- Bus stop 1 km
- Railway station 60 km
- School 6 km
- Closest town Tsarevo - 5 km
Rental income features
- Rental demand in the area High
- Who will rent Tourists
- Unit finishing in order to rent Fully-furnished
- Ability to terminate rental agreement Easy
- Rental management In-house management company
- Rental management fee No rental managment fee
- Annual rental income 5% guaranteed for 10 consequtive years
Taxation
- Annual local tax/council tax (approximate) 50-150ˆ depending on size of 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
- Resale Possible after completion
- Easy exit High demand - very easy
- Resale management/consultant Local estate agent , Property Developer, 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
- Bathrooms Fully fitted bathroom
- Internal walls Painted walls
- Heating Air-conditioners
- Air-conditioning Air-conditioning system, Inverter air-conditioner
- Views from units Bay views, Beach views, Sea views, Swimming pool views
Facilities in the complex/building
- Communal Elevator, Barbeque, Garage, Garden, Information, Lobby, Reception desk, Internet access
- Recreational Outdoor swimming pool
- Commercial Bistro, Lobby bar
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* 20% (guaranteed for 5 years) or 50% (guaranteed for 10 years)
*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.
Buy-back options
- Buy-back options Assured buy-back options after year 5 at 120% or after year 10 at 150%. Asset backed scheme with first mortgage in favour of the Investor.
Ongoing costs and aftersale charges
- Maintenance charge Obligatory, 15 ˆ per sq.m. per year (free for Investors on guaranteed yield scheme)
- Management fee and looking after property Not obligatory, 300 ˆ per year (free for Investors on guaranteed yield scheme)
- Keyholding Not obligatory,