Complex At The Western Part Of Sunny Beach - ID 2853

This luxury apartment complex is a new top-market development, located at the Western part of the biggest resort on the Black Sea coast Sunny Beach.It is bordering a beautiful pine forests and yet it is only 350 meters from the beach. A unique combination of fresh mountain air and seaside climate! The complex consist of three individual sections ( A, B and C ), arranged in “ L “ shape, each with lift ( elevator ) to all floors and a swimming pool, pool bar and garden area. The complex includes also a parking lot with 27 parking places.

Designed to the latest trends this contemporary resort building will be completed with the highest quality materials to provide comfortable stay of owners or guests. The apartment building will be of a steel/concrete construction with brick walls, thermally and hydro insulated and sound proofed. Mineral render will be applied to the building exterior.

An excellent opportunity to get in at early stage of development and witness the exceptional growth in the capital value of your property! Sunny Beach has seen a 70-90% increase in property prices over the past 2 years!

Completion expected: 2007

Highlights and on-site facilities:

- 59 luxury apartments

- Easy access to wide sandy beach (300 m)

- 17 miles from Burgas International Airport

- Option to by direct from Developer-No Commission

- Three payment plans to choose from

- Air-con, cable TV, telephone and Internet as standard

- Three entrances, each with own elevator

- Restaurant

- Swimming pool with Jacuzzi and children’s pool areas

- Pool bar

- Landscaped communal areas

- Controlled entry and 24 hour security

- Furniture packs available at an additional price ( include installation )

-Fantastic investment opportunity

The Developer will provide on-site management to ensure the maintenance of high standards and there will be a rental management package to allow customers to benefit from rental income. The rental service will also offer Bulgarian properties for sale and this will assist with secondary market, i.e. re-sales.

High capital appreciation and rental opportunities will be excellent location, distinctive architecture and superb infrastructure, the complex offers an excellent holiday destination for the operators and high occupancy should be possible from 2007.

Maintenance ( service )charges for the apartment owners are estimated to be around 6.00 Euros per square meter per annum. Separate maintenance agreements will be signed with all owners upon completion. The charge will cover cleaning of the common parts, maintenance, electricity and lighting of the communal parts of the buildings, swimming pools and exterior, gardening and landscaping, controlled entry and security.

These apartments are sold off-plan on a share-of-freehold basis and a purchase contract (in both English and Bulgarian) will be signed between the developer and the buyer for each property sold. There is no need to form a Bulgarian limited company to purchase an apartment in this development.

It is also not necessary to visit Bulgaria in order to reserve an apartment or sign the preliminary contract. However, buyers must be presented in person for the transfer of ownership or appoint their representative through a power-of attorney.

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