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100,114.06 EUR Apartment Sell Bulgaria

Property Attributes

  • ReferencesLTAS-T354442
  • Price100,114.06 EUR
  • LocationBulgaria
  • Address
  • Part of cityNot specified
  • StatusSell
  • TypeApartment
  • Floor size0.0
  • Rooms0
  • Heating{:"Forced Air"=>"Forced Air", :Geothermal=>"Geothermal", :Baseboard=>"Baseboard", :"Fan Coil"=>"Fan Coil", :Gravity=>"Gravity", :"In Floor Heat System"=>"In Floor Heat System", :"Hot Water"=>"Hot Water", :"Heat Pump"=>"Heat Pump", :"Space Heater"=>"Space Heater", :Steam=>"Steam", :Gas=>"Gas", :Central=>"Central", :Wood=>"Wood", :Other=>"Other", :Oil=>"Oil", :Solar=>"Solar", :Coal=>"Coal", :Electric=>"Electric"}

Features

  • Cable TV
  • Sufficient living space
  • Double glazing
  • Parking space

Descriptions

- 20 Minutes from Varna International Airport - 5 Kilometres from Varna City - Walking distance to various golf courses - Private ferry shuttle service   Varna South Bay Beach Residence will have all the amenities to be expected from a 5 star project, including shopping areas, restaurants, 24 hour security with biometric entrance, and underground parking.  Probably the most exciting property frontier in the world today, the Black Sea coast is without doubt an investors paradise. Varna South Bay Beach Residence represents one of , if not the, strongest investment opportunities in Bulgaria currently.  Due to the lack of accommodation at the top end of the residential market in Varna, and the increasingly strong demand, VSB's unique location, fantastic pricing and build quality, qualify it for end users and mid to long term investors alike. Investors can expect to see a yield in excess of 25% annually, with a rental market expected to be worth 7 - 10% per annum.  Investors benefit from an entry level of 40% initial installment, 20% at act 14 (roof completion est. 3rd Q 2009), and the remaining to be paid upon completion.  Various mortgaging options are available.  Varna is experiencing massive organic growth and development, with a new marina and yacht club, 3 new PGA golf courses, and a 5 * hotel planned.  With huge capital growth and strong rental market, coupled with VSB's award winning architecture and highly desirable location, can you afford not to take advantage of this prime investment opportunity?

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