SOLD OUT Holiday apartments in the most vibrant Bulgarian Black sea resort
Total number of units
- Total: 31
- Sold: 9 (29%)
- Reserved: 7 (23%)
- Available: 15 (48%)
Complex/building features
- Sizes of units 42.39 sq.m - 120.62 sq.m
- Total number of units 31
- Total floors 6
- Type of construction Reinforced concrete structure / Brick-built
Distances
- Airport 15 km to Burgas (BOJ)
- Distance to beach resort 300 m
- Closest town Bourgas - 25 km
Rental income features
- Rental demand in the area High,Short-term rental
- Who will rent Tourists
- 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)
Taxation
- Annual local tax/council tax (approximate) 50-100ˆ for apartment
- Capital gains tax/profit tax on resale 10% if resold before year 3 and 0% if used as a permanent residence and if resold after year 3
- Tax on rental income 10%
- Inheritance tax 0%
- Tax return management Accountant
Exit strategy
- Easy exit Moderate
- Resale management/consultant Local estate agent , Stonehard
- Who will buy Foreign buyers
*Please note that exit or resale of property depends on market conditions.
Unit/apartment features
- Finishing turn-key, furnished
- Furnishing Fully furnished
- Bathrooms Fully fitted bathroom
- Flooring in rooms Laminate flooring, Tiled flooring
- Internal walls Painted walls
- Heating Electrical heating / Air-conditioners
- Air-conditioning Standard air-conditioner
- Windows UPVC window frames
- Views from units Swimming pool views, Town views
Facilities in the complex/building
- Communal Elevator, Information, Lobby, Outdoor parking lot, Park, Reception desk, Boutique shops, Internet access, Internet access in the rooms
- Recreational Children's pool, Outdoor swimming pool, Fitness centre, Massage, Medical and spa centre, Hair and beauty salon, Sauna, Solarium
- Commercial Cafe, Lobby bar, Restaurant
Additional purchasing costs
- Total additional costs 5%
*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.
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.
Ongoing costs and aftersale charges
- Maintenance charge Obligatory, 10 Euro per sq.m. per year