SOLD OUT Modern one- and two-bedroom apartments, located near Sunny day resort

 
BULGARIA / NEAR ST. CONSTANTINE AND ELENA / near Kabakum beach
Prices from 43 895
SOLD OUT
  • Location: Bulgaria, Region Varna, in the area of St. Constantine And Elena, Alen Mak, near Kabakum beach MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, Penthouses
  • Total number of units:27  
  • Units available for sale: 23 (85%) PRICE LIST
  • Unit sizes: 59.46 sq.m – 135.58 sq.m
  • Unit prices: 43 895 – 130 000 PRICE LIST
  • Prices per sq.m.: 650 – 959 €/sq.m
  • Development status: Under construction
  • Planned completion: October 2018
  • Ownership: Freehold 
  • Capital appreciation (p.a.): 7% (estimated)
  • Total return (p.a.): 11% (estimated)

Complex/building features

  • Sizes of units 59.46 sq.m - 135.58 sq.m
  • Total number of units 27

Distances

  • Airport 15 km to Varna (VAR)
  • Distance to beach resort 500 m
  • Distance to centre of the town/city 10 km
  • Food shop 500 m
  • Bus stop 300 m

Rental income features

  • Rental demand in the area High,Long-term rental,Short-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 Bulgarian standard
  • Furnishing Unfurnished
  • Heating No heating
  • Air-conditioning No air-conditioning system
  • Windows UPVC window frames
  • Views from units 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.