We offer you a perfect investment for your summer holiday! This is a brand new and already finished development which impresses with good location and high quality completion. The complex is located in the popular town of Kavarna, on the Black Sea Coast between the sea resorts of Balchik and the picturesque Kaliakra cape. The development offers lovely sea view as the nearest beach is only 100 m far. Close to the complex is also the yacht port and some 15 km away there are four golf courses /3 of them designed by Ian Woosnam and Gary Player/.

The International Airport of Varna is some 50 km south of Kavarna.

The complex we offer to invest in is designed and finished by leading developing company. What’s most important is that it is already completed and ready to use. The development includes 6 floors with 47 one and two bedroom apartments with living area from 66 sq to 114 sq m. The total living area is more than 4000 sq m. There is also swimming pool in front of the building, also fitness gym, sauna, cocktail bar, restaurant and parking lot available for the owners and guests of the complex.

Once you become an owner of apartment you will be offered to take advantage of the property management, maintenance and letting out of the apartment offered by the developers. Furniture packages are also available to choose between.

Excellent location of the complex provides good opportunities for relaxation and rental return as well. Kavarna has turned into attractive place for a holidays and investments. It has already been chosen by the celebrity Mr. John Lawton from Uria Heep who has

bought an apartment there.

The building is finished with high quality materials:

• Reinforced concrete frame construction
• Exterior facade walls - bricks; 25 cm thick; facade thermal insulation system BAUMIT
• Interior walls - bricks, plaster, increased acoustic insulation, white latex painted
• Ceilings – suspended plasterboard ceilings KNAUF, white latex painted
• Roof – full water and thermal insulation systems
• Windows – double glazed, coloured German PVC, thermo-breaking system
• Railings - stainless steel and glass
• Staircase and common spaces floors – granitogres tiles
• Elevators
  

You can choose between different size apartments:

32 one-bedroom apartments with one bedroom, living room, and bathroom; and 15 two-bedroom apartments with two bedrooms, living room and two bathrooms.

• Veneer Internal doors;
• Solid armoured entry doors;
• Suspended plasterboard ceilings "KNAUF", painted with white latex
• Floors - balcony - granitogres tiles, non slippery;
• living room, corridor, bath - terracotta tiles;
• bedroom - laminated parquet;
• Walls - bathroom -faience tiles;
• white latex painted corridor and rooms;
• Electric installations - fuse boxes, safety devices, electrometer, switches, wall plugs
• Installations: intercom, doorbell, telephone, cable TV and cable Internet connection
• Water Supply and Sewerage System: water gauges and installation of PVC pipes, hot water boilers;
• Fully equipped bathroom with mounted fixtures, shower;
• Individual air conditioner in the living rooms for both heating and cooling;
• Storage rooms in the basement.

Facilities:

• Landscaped green areas with lighting and pathways
• Parking places
• Swimming pool for adults & children
• Gym and Sauna
• Coffee-club with an open-air terrace
• Reception
• Laundry
• Access control department, video control
• 24-hour security

Furnishing:

There is a big selection of furniture packages. Optional full furniture package.

Kitchen furnishing and appliances are according to an individual project, approved by the customer.

All furniture packages for rental apartments will include everything necessary for the apartment to be lived in and rented out to tourists:

• Beds, cupboards, dressing tables, bedside lighting
• Cooker, microwave, fridge, kettle, toaster
• Pots, pans, cutlery, crockery, kitchen implements
• Dining table and chairs
• Easy chairs and a sofa(which converts to a sofa bed)
• Linen, towels, bedding etc
• TV, a Hi-Fi system
• Table lights
• Everything else necessary to make the apartment ready to be rent out.

Services offered:

Assistance for the choice of the best mortgage loan offer for you

Assistance for the insurance of the apartment

Maintenance of the common areas - The annual fee is 9 euros per sq m of the living area (VAT incl.) and covers:

Maintenance of the green areas in the complex

Current maintenance of the common areas of the building and the complex

Cleaning of the common areas of the building and the complex

24 hour security

Maintenance of the apartment

The annual fee is 250 euros for one-bedroom apartment and 300 euros for a two-bedroom apartment and covers:

Visiting and inspection of the property once a week;

Monthly report;

Two basic annual cleanings;

Organization and payment of all expenses relating to the property such as bills for electricity and water supply, cable TV, Internet etc. on your behalf and at your expense;

Organization and payment of the annual property tax and waste collection fees.

Property management and renting out

The annual fee is 230 euros for one-bedroom apartment and 250 euros for a two-bedroom apartment and a commission of 20 % of the incomes of renting out as well and covers the following:

Assured occupancy rate – marketing the property to tour operators and travel agencies;

Advertising of the property in view attracting suitable tenants;

Organization of the issue of any categorization papers, licenses required by the law for the rent of the property;

Management of reservations and payments, check-in and reception services;

Registration of the tenants and payment of tourist taxes;

Daily cleaning and maintenance of the apartment, when the apartment is occupied by tourists, change and laundry of linen and towels;

Weekly visiting of the property ( when it’s not occupied ), monthly report;

Payment of current bills, local taxes and fees on your behalf and at your expense.