SOLD OUT Buy-to-let apartments in a luxury complex with a park

 
BULGARIA / SUNNY BEACH
SOLD OUT

Total number of units

  • Total number of units by type:: 228
  • Number of available units by type:: 51 (22%)
  • Location: Bulgaria, Region Burgas, Sunny Beach MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments, Penthouses
  • Total number of units:228 
  • Units available for sale:51 (22%) PRICE LIST
  • Unit sizes: 36 sq.m – 193 sq.m
  • Development status: Completed & operational
  • Date of completion: 2008
  • Ownership: Freehold 
  • Rental return (p.a.): 4-5% (estimated)
  • Capital appreciation (p.a.): 5-6% (estimated)
  • No commission
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Complex/building features

  • Sizes of units 36 sq.m - 193 sq.m
  • Total unfolded area of the building/s 27018 sq.m
  • Total area/size of the building/complex plot 10000 sq.m
  • Total number of units 228
  • Type of construction Reinforced concrete structure / Brick-built

Distances

  • Airport 25 km to Burgas (BOJ)
  • Distance to beach resort 700 m

Rental income features

  • Rental demand in the area High,Moderate,Short-term rental
  • Who will rent Expats,Local people,Tourists,Young professionals
  • Unit finishing in order to rent Fully-furnished,Unfurnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Annual rental income 4-5% (estimated)

Exit strategy

  • Resale Possible after completion
  • Easy exit High demand - very easy
  • 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 Furnished/unfurnished
  • Bathrooms Shower box, Fully fitted bathroom
  • Flooring in rooms Laminate flooring, Tiled flooring
  • Internal walls Painted walls
  • Heating Electrical heating / Air-conditioners / Solar panels
  • Air-conditioning Air-conditioning system, Standard air-conditioner
  • Windows UPVC window frames
  • Views from units Forest views, Harbour views, Hills views, Mountain views, Park views, Swimming pool views, Views to inner garden

Facilities in the complex/building

  • Communal Elevator, Garden, Lobby, Park, Reception desk, Wi-Fi internet in the whole complex, Ironing services, Daily maid service, Room service, Laundry and dry cleaning
  • Recreational Children's playground, Children's pool, Outdoor swimming pool, Jacuzzi, Massage, Medical and spa centre, Steam room, Hair and beauty salon, Sauna, Spa procedures, Hydrojet, Electric cooker

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* 5-6% (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 Not obligatory,
  • Management fee and looking after property Obligatory, 8 Euro/ sq.m excluding VAT per year
  • Keyholding Not obligatory,
  • Accountant Not obligatory,
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