Residential development in the central area of Varna

 
BULGARIA / VARNA / LEVSKI DIST.
Prices from 43 000
  • Location: Bulgaria, Region Varna, Varna, dist. Levski MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, Large apartments
  • Total number of units:81 
  • Units available for sale:16 PRICE LIST
  • Unit sizes: 53.48 sq.m 116.43 sq.m FLOOR PLANS
  • Unit prices: 43 000 100 000 PRICE LIST
  • Prices per sq.m.: 804  859 €/sq.m
  • Development status: Completed & operational
  • Date of completion: September 2018
  • Ownership: Freehold 
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 5% (estimated)
  • No commission

Complex/building features

  • Sizes of units 53.48 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.