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ID 201
This is a fully contained holiday apartment complex built in the town of Balchik on Bulgaria's Black Sea coast. Located in the Eastern part of Balchik about 100 metres from the main road to Albena and in proximity to the Palace in Balchik. Great investment opportunity in a center for sailing and golfing. Guaranteed rental income.
Features:
• Conformity to all quality building standards
• Thermal Insulation on all exterior walls
• Imported PVC Gas Insulated Windows
• Imported Roofing Tiles
• High quality polypropylene water lines
• High quality Floor and Bathroom Tiles
• Walls finished with latex paint
Layout
The complex comprises two mirror buildings built on a plot of 2,950 sq.m. and offers a total of 84 comfortable furnished apartments, a swimming pool, fitness center and a bar. The building has 6 floors and an open terrace on the top with gross built-up area of 6,134 sq.m. There are two entrances of the building, each having 42 apartments, or total of 84 apartments. The area of the apartments is between 43 and 202 sq.m. including cozy kitchen and dining room, spacious bedrooms with terraces, entrances and bathrooms with WC.
All apartments are offered completely finished with: PVC woodwork, MDF doors, bathroom and WC with faience and terracotta, cable TV, Internet access
The typical bedroom is furnished with:
• One double or two single beds with mattresses
• Two bedside tables
• Two bedside lamps
• Wardrobe
The typical living room with kitchen is furnished with:
• Ceramic stove with two hot-plates
• Oven
• Cooker hood
• Five upper cupboards
• Sink
• Refrigerator
• Kitchen table / Bar-counter
• Four chairs
• 3-person sof bed
• Armchair
• Coffee table
• TV-set - 14 inches
• TV set cupboard
Facilities:
• Fitness centre
• Sauna
• Business centre with internet
• Laundry service
• Exterior swimming pool
• Inviting pool bar
• Security guard
• Private parking
Complex Completion: June, 2007
Ready to rent from JUNE 2007
Maintenance:
Maintenance services are provided by the apartment complex to cover maintenance of the building, incl. electricity and water systems and roof, cleaning public areas, gardening, payrolls of staff etc.
Property management fee
Prices
Prices from 40227 EUR (approx. 27419 Pounds)
Payment plan:
1st option
90% upon signing the preliminary contract
10% upon usage permit (expected by May 2007)
We are pleased to offer to the potential clients interested in in this complex the following incentives:
For each sold apartment the byers will receive as a present an Accessory pack and will cover the payment for the first year of Common areas maintenance and Platinum package for the purchased apartment’s personal care and rental management.
This will secure the highest standard of residing and at the same time will urge the rental incomes.
Standard annual fees for maintenance and management of the Common areas:
for a studio - 420euro
for 1bed ap. - 520euro
for 2bed ap. - 800euro
Additional rental fees:
for a studio - 280euro
for a 1bed - 310euro
for a 2bed - 390euro
Expected rental prices for season 2007 (in accordance with the contracts signed with touroperators):
Rates are per apartment / per night for low/middle/high season respectively.
studio - 20/25/40euro
1 bed - 37/47/55euro
2 bed - 45/59/75euro
Other details:
Notary transfer fees – 3%
Fully furnished apartments
NO commision from the buyer
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