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Property Type: apartments
Location: Albena
Living area:
Number of Rooms: 0

Price:

850 €/sq.m.



Description:

Your one bedroom holiday apartment is 59.7 sqm and will be one of a select 6-apartment complex in a very quite & private location 460m from the sea with great sea & woodland views. 

The building work began in April 2006. The first apartment should be complete by April 07, the finish has been completed to a very high standard by an english builder using quality materials.

The completion date is May 2007.

There are 4 other English families who have purchased properties in the same street & many more in the Villa area of Albena.

Each apartment includes: -

Fully fitted italian  kitchen with fridge hob & cooker corian work surface

Open fire

Brown PVC double glazed windows with mirrored glass for privicy.

Martinelli granit flooring in all rooms.

All rooms are finished in white paint.

White bathroom with sink, taps toilet,  & martinelli shower granit flooring & walls.

Fitted wardrobe & double bed

Balconies with granit floor and metal railings.

Quality doors.

Boiler for hot water.

Quality lighting fixtures in every room

Air conditioner & heating system.

Outer wall insulation to protect from the cold & heat.

Stair well with light sensors & granit flooring.

Comunal Washmachine

24h Security

Outside jacuzzi

Inventory list

Fitted kitchen, hob, cooker, fridge, set of  pans, 4 x plates, 4 x mugs, 4 x knives, 4 x forkes, 4 x spoons, 4 x teaspoons, 1 x tin opener, 1 x bottle opener, 1 x bread knive, 2 x tea towles, 1 x teapot, 1 x toster, 1 x kettle, bottle of washing up liquid,

Fitted bedroom wardrobe, double bed with mattress, 2 x flatsheets, 2 x pillows, 2 x pilow cases, 1 x iderdown,

Bathroom suite, 1 x toilet roll holder, 1 x towl rail, 1 x mirror with shelve, 2 x bath towles, 2 x hand towles, 2 x face cloths, 2 x bath robes ( 1 x medium 1 x XL ) 2 x slippers, 4 x downlighters, pack of x 4 toilet rolls

Living room corner suite that converts into a double bed, 1 x coffe table,

Balcony, 1 x clothes dryer, 2 x aliminum chairs, 1 x table,

All lighting fixtures in every room

The Development

The development is situated in the villa area of Albena above the famous black sea coastal resort  the centre of Albena is in walking distance from the development. The apartment is 460 meters from the sea; you need to go down some steps to reach a small beach & further along a walkway is the blue flag beach of Albena & the nature reserve.

In front of the development is a ravine & at nigh time the only sound to be heard is water trickling along. The ravine ends in a small waterfall going into the sea.

In the same street there is a hotel,  a local shop/bar and the beer is 19p per pint the wine is 80p per bottle.

About 500 yards away there is a bus service to Varna Balchik & Albena center

Local amenities include, golf course, Kite surfing, fishing, bird watching, sailing, jet ski etc.

Price

The price for the apartments start at 50150 Euros or £34,586 on the first floor

on the second floor the price is 57820 Euros or £39,875 on the third floor the price is 67850 Euros or £46,793.

A 6000 Euro deposit is payable on signing the contract  & the rest to be paid within 30 - 40 days depending on the time scale in the prelimaniry contract.

Maintance Charge is 380 Euro per year which covers maintance of jecuzzi, wash machine cleaning, & security.

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The membership of Bulgaria in EU will not change the selling or the rental price levels for properties in Bulgaria according to experts. Whether this will happen and who will benefit most from real estate trading - sellers or those who rent out their properties has still to be seen. Bulgaria is fast becoming one of the hot markets for British and Irish investors and we believe that Bulgaria offers an unrivalled investment opportunity. With all of these facts you should be able to expect a healthy profit on your investment.

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