New-built villas near mountain & Black sea coast

 
BULGARIA / NEAR SUNNY BEACH / near Kosharitsa area
Prices from 69 000
  • Location: Bulgaria, Region Burgas, in the area of Sunny Beach, near Kosharitsa area MAP
  • Development: Holiday residential
  • Unit types: Houses, Villas, Townhouses
  • Total number of units:8  
  • Units available for sale: 7 PRICE LIST
  • Unit sizes: 108 sq.m 261 sq.m FLOOR PLANS
  • Unit prices: 69 000 226 838 PRICE LIST
  • Prices per sq.m.: 639  990 €/sq.m
  • Development status: Under construction
  • Planned completion: 9 months
  • Ownership: Freehold 
  • Rental return (p.a.): 3% (estimated)
  • Capital appreciation (p.a.): 3% (estimated)

Complex/building features

  • Sizes of units 108 sq.m - 261 sq.m
  • Total number of units 8
  • Total floors 3
  • Type of construction Brick-built

Distances

  • Airport 32 km to Burgas (BOJ)

Rental income features

  • Rental demand in the area Moderate
  • Who will rent Tourists
  • Unit finishing in order to rent Unfurnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Annual rental income 3% (estimated)

Taxation

  • Annual local tax/council tax (approximate) 200300
  • Capital gains tax/profit tax on resale 10% if resold before year 5 and 0% if the sale has been executed after the fifth year of receiving an ownership
  • Tax on rental income 10%
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

  • Resale Possible after completion
  • Easy exit Moderate
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers

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

Unit/apartment features

  • Finishing turn-key, unfurnished
  • Furnishing Unfurnished
  • Flooring in rooms Laminate flooring, Parquet flooring, Tiled flooring
  • Internal walls Internal insulation
  • Heating Air-conditioners
  • Windows Wooden window frames
  • Views from units Bay views, Town views

Facilities in the complex/building

  • Communal Garage, Garden, Park

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% (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.