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Low Cost Bulgarian Apartments For Sale - Ref 579977

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Apartment/Flat Description

Features:

? 3 swimming pools
? Restaurants
? Pool bar
? Lobby bar
? Entertainment room with billiard and tennis tables
? Reception
? Shopping area
? Medical centre
? Family Club
? Travel agency
? 24h Security
? 7% Guaranteed Rental

Santa Marina is a perfect vacation village located on the Southern Black Sea Coast, near the town of Sozopol /2km/. It has a beach front position and is 34 km away from Burgas and its airport..
Easy access to the city centre and other tourist attractions.

In this beautiful and tranquil landscape, 29 luxury 3- and 4- storey residences with panoramic sea views, large terraces, gardens and park areas have already been built. The total space of Phase I is 37 500 sq.m. of which 30 000 sq .m. build up area. Phase II has 16 400 sq.m. total area. 20 residential villas on 15 400 sq.m. are currently being built.Phase III has a total area of 48 000 sq.m. Hotel and resort with SPA and sport facilities will be built on 47 500 sq.m.

Architecture: Santa Marina's houses are designed in typical Bulgarian traditional style (The Bulgarian 19th century Renaissance) with white plaster facades, wooden coatings and red tiled roofs
Santa Marina offers a wide range of services and amenities, such asswimming pools, two bars, restaurants, convenience store, parking etc., which will fulfill all the expectations of even the most demanding clients.

Materials
? Enforced concrete framework supported by external and internal red brick walls
? Double thermo and hydro-insulation
? Sloped red tile roofs
? Stone
? White wall plaster
? Wooden coating

Finishing works
? Floor coverings
? Paint on walls
? Fully furnished bathrooms
? Air conditioners

Furniture Packages available on request ? standard, luxury and deluxe options.

Maintenance of common areas
? Maintenance of all green areas
? Maintenance of the common parts in the villas
? Electric lighting of the common areas and the common parts of the buildings
? Maintenance of the swimming pools
? 24 hour ? year round security
? On site manager and concierge, life-guards

7 % Rental return EXPECTED

Date of completion:
Phase I: December 2006
Phase II: May 2007
Phase III: July 2007

PAYMENT PLAN

Phase II:
1500 EUR - non-refundable reservation fee
40% - by contract
30% - rough construction
30% - by title deed

Buying a half-completed property
70% on signing the preliminary contract
30%on signing the Notary Deed

Buying a completed property
When purchasing a finished apartment the full amount of the selling price is payable.

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BGN101,900 |  €52,101  |  £43,591  |  US$69,232
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 579977 
Town Sozopol 
Region Sozopol 
Province Burgas 
Country Bulgaria  
Type Apartments
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
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Price: BGN101,900

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Purchase this Apartment/Flat in Sozopol for

€105p/m

(60% LTV, 7% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Sozopol, Bulgaria

Property Type Min Price Max Price Median Price
(All prices in EUR) Sozopol Bulgaria Sozopol Bulgaria Sozopol Bulgaria
Apartment/Flat 19,936 98 134,810 1,475,500 66,918 76,000
House/Villa 177,000 2,400 460,000 2,580,000 79,900 26,800
Business 18,000,000 600 18,000,000 18,000,000 453,474 162,000
Land/Ruins 35,320 28 712,200 9,002,469 147,875 53,190
Other 59,274 20,911 95,085 268,708 61,008 61,008

* Calculations based on 35 properties for sale in Sozopol and 5329 properties for sale in Bulgaria




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