Aivazovsky Park

 
BULGARIA / POMORIE / At 100 m from the beach
Prices from 38 900
  • Location: Bulgaria, Region Burgas, Pomorie, At 100 m from the beach, Aivazovsky Park MAP
  • Development: Holiday residential BROCHURE
  • Unit types: Apartments (various types)
  • Total number of units:281  
  • Units available for sale: 11 PRICE LIST
  • Unit sizes: 49.25 sq.m 78.88 sq.m FLOOR PLANS
  • Unit prices: 38 900 77 300 PRICE LIST
  • Prices per sq.m.: 784  980 €/sq.m
  • Development status: Completed & operational
  • Date of completion: March 2016
  • Ownership: Freehold 
  • Rental return (p.a.): 3% (estimated)
  • Capital appreciation (p.a.): 3% per year (estimated)
  • No commission

Complex/building features

  • Sizes of units 49.25 sq.m - 78.88 sq.m
  • Total number of units 281
  • Type of construction Brick-built / Reinforced concrete structure

Distances

  • Airport 12 km to 
  • Distance to beach resort 100 m
  • Distance to centre of the town/city 500 m
  • Food shop 10 m
  • Hospital 1 km
  • Bus stop 30 m
  • School 500 m
  • Closest town Bourgas - 22 km

Rental income features

  • Rental demand in the area Moderate
  • 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 3% (estimated)

Taxation

  • Annual local tax/council tax (approximate) 50-100 for apartment
  • Capital gains tax/profit tax on resale 10%
  • Tax on rental income 10%
  • Inheritance tax 0%

Exit strategy

  • Resale Possible after completion
  • Easy exit Moderate
  • Resale management/consultant Local estate agent , Stonehard
  • 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
  • Heating Electrical heating
  • Windows UPVC window frames

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* 3% per year (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,
  • Management fee and looking after property Not obligatory, 300 per year