SOLD OUT Residential development in the central area of Varna
Total number of units
- Total number of units by type:: 81
- Number of available units by type:: 16 (20%)
Complex/building features
- Sizes of units 60.99 sq.m - 116.43 sq.m
- Total unfolded area of the building/s 7735 sq.m
- Total number of units 81
- Total number of parking spaces 40
- Total floors 10
- Type of construction Brick-built / Completely refurbished property
Distances
- Airport 10 km to
- Distance to beach resort 4 km
- Distance to centre of the town/city 2 km
- Hospital 500 m
- Bus stop 400 m
- Railway station 5 km
Rental income features
- Rental demand in the area High
- Who will rent Local people,Young professionals
- Unit finishing in order to rent Fully-furnished
- Ability to terminate rental agreement Easy
- Rental management In-house management company
- Annual rental income 4% (estimated)
Exit strategy
- Resale Possible after completion
- Easy exit High demand - very easy
- 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
- Finishing turn-key, unfurnished
- Furnishing Unfurnished
Capital appreciation (p.a.)
- Expected price increase of the property* 5% (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.