| DESCRIPTION: Off-plan apartments in Balchik,Bulgaria, from 30,000 pounds to 40,000. The complex is situated on a main street in the coastal town of Balchik on Bulgarias Black sea coast. The complex comprises of 7 one-bedroom apartments,with sizes ranging from 51.3 to 69sq.m. Each apartment has an open plan kitchen with dining room, terrace facing east,bedroom with terrace facing west and a bathroom with jacuzzi or shower cubicle. All of the apartments have beautifull sea and forest views and a furniture pack is included in the price so you are receiving the apartments completely finished and ready to move-in. Excellent reasons to invest: 1/ 2/ 3/ Always check the location! The beach, restaurants, cafes, bars and disco are on not more than 10 to15 minutes walking distance from the complex. A shopping and leisure center, along with a swimming pool, spa center and more than 50 shops are just a 15 minute walk. The bus station with all conections to main towns and the capital Sofia is conveniently placed and just 5 minutes walk. Varna international airport is 30 minutes drive away. The famous sea resorts of Albena 15 minutes, Golden sands 25 minutes and Sunny Beach 2 hrs away. The town of Balcik has more than 2000 years history and is fast becoming one of the major coastal attractions of Bulgaria. There are 3 new golfcourses, 2 of which are endorsed by Gary Player and Ian Woosnam within a short 10 minute drive. The site has an excellent location in the old part of the town. Each apartment will be quality finished as follows: 1. Solid metal or wood entrance door. 2. Plastered and painted walls. Insulated outside with FIBRAN. 3. Plastered and painted ceilings. 4. Laminated and/or tiled floor. 5. Tiled terraces with Italian Granitogress. 6. 5-chamber PVC-triple glazing with middle special treated tinted glass. 7. MDF interior doors. 8. Two Air-conditions in each apartment. 9. Furniture Pack included in the price from one of the leading quality makes in Bulgaria. 10. Fully finished Bathrooms with Italian faience and terracotta. Shower cubicle or Jacuzzi. 11. Cable TV, Internet and security system in each apartment. 12. Hot water boilers for each apartment. 13. INOX and glass railings Inside and outside the building. 14. On request "Aegean Style" pergolas for top floor apartments with Jacuzzi on the terrace. 15. Luxury finished common parts. 16. Quality lighting on the site. 17. Certified construction materials. Payment schemes available: Option 1. 40 % on signing the preliminary contract 30% on finishing the rough works 30% on Act 15 10 % When transferring the deeds of the property Option 2. 50% on signing the preliminary contract. 35% on finishing the rough works. 10 % When transferring the deeds of the property. 5% discount for option 2. Option 3. 90% on signing the preliminary contract. 10 % DISCOUNT and transferring the deeds when finished on option 3. On request we can arrange suitable payment scheme or a Bank loan for you with very good conditions. Prices: Price is 880 euros/sq.m. Start and finishing date: Start date is 1-st of March 2007. Expected finishing date is 31 of December 2007. Also we are open for all kinds of suggestions and offers for the development as a whole. It is posible to make an offer for the complex alltogether before therе are any reservations for single apartments, as it would easily be suitable for use as a family run apart-hotel with live-in, or as a company owned vacation complex for company workers etc. The apartments we are offering have the best location you can expect in the town and the area and offer the following facilites for you: With Bulgaria joining the EU this January and massive investment being made in the country and resorts, there has never been a better time to buy. Expected increase in coastal property prices between 19 and 24%, just for the first year! If you choose one of our discount payment options you can gain up to 10 % discount on the purchase price. Altogether this means you can reach almost a 50% returs on your investment in the first year! Investment returns. When signing a rental management contract, we will guarantee a percentage of the purchase price per year which will repay your investment over a shorter time. The expected annual return based on a 1 bedroom apartment is between 4 and 6% of the purchase price. There is an optional agreement with a tour operator which has been arranged for buyers, this is a flexible arrangement which allows the tour operator to let the individual apartments to a third party for the entire season. There is a small commission for this and the tour company offer a guaranteed minimum return. All cleaning and management of your apartment would be taken care of as well. Balchik is now widely regarded as the one of the most upmarket and picturesque towns in Bulgaria. The town will retain it's charm due to restrictions on development in the central areas and the keeping and restoration of the old buildings. Its southerly positioning gives it an Aegean influence and makes it the sunniest town in Bulgaria. The old part of the town, with its customs and traditions, means that you are surrounded with an incredible atmosphere. The reconstruction of the existing yacht port are bound to keep property prices on the increas in this area. |
