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Bulgaria, Burgas
39, Kirill & Metodiy Str.
bulgproperty.com
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+359 8888-42-452
E-mail:
bulgproperty@abv.bg
info@bulgproperty.com
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Contrary to recent rumours that the Bulgarian real estate market is not so attractive to foreign investors any more, Andrew Regan, a Scottish online freelance author, comments that the Bulgarian property boom shows no signs of abating.
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Investors are particularly interested in Bulgaria, as it is believed that EU money will be spent on improving the country's infrastructure. Bulgaria has seen a great deal of political reform since the Communist era, and the government has shown solid commitment to economic improvements, with GDP growth the highest in Eastern Europe.
Economic growth has also caused a vast escalation in land values, which have risen from just 20 euro a square meter to around 350 euro in some areas. The prospect of high profits has lured many individual and business investors from Britain, Ireland and Russia to buy ski and beach chalets, which can be purchased for a fraction of the price of similar properties in more traditional holiday areas such as France, Spain, Austria and Switzerland.
The high price of UK properties and the recent rises in interest rates have also led UK investors to widen their search for better real estate deals. Bulgaria continues to excite investors as it is an emerging market that offers property at prices that are unobtainable in other parts of the world. It is still possible to pick up property for as little as 30 000 euros, a sum which would buy little more than a garage in the UK.
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OFF-PLAN
Chernomorets, , | 1 Bedrooms | 1 Bathrooms |
Chernomorets is a big village of town-like type on the Southern Black Sea coast at 25 km from Burgas, 35 km from Burgas International Airport and at 9 km from Sozopol. It is situated in one of the most quite coves on the Southern Black Sea coastline.
Amazing panorama, whimsical cliffs and sand beaches are only part of the landmarks of the settlement.
Residential Building is located on the verge of the sand beach itself. All rooms enjoy a magnificent view to the sea and panorama to the entire Burgas Bay from Sunny Beach to Sozopol.
The building has two entrances – ground floor accommodating the cafe, beauty parlor, beer-house and shops, three residential floors and one attic floor. The yard shall be fenced and as an option all-year-round live guard security can be organized.
The construction shall be of steel reinforced concrete cast-in-situ, brick facades and partition walls. External heat and moisture insulation on the facades and the roof of modern ecological materials according to the design. Facade solutions are of colored polymer plasters durable to the seacoast climate. Electrical installation is individual for each apartment with individual switchboard and electrometer in the main distribution panel.
Water & Sewerage installation of ecological PVC pipes with mounted water meters in each apartment.
Telephone installation.
TV and Internet network installation.
Intercom installation, staircases and communal areas finished according to the design.
Apartments are sold in completely finished, luxurious state:
MDF entrance doors.
Windows and balcony doors PVC four-chamber frames with colored glass-block.
Floorings in bedrooms and living rooms of laminate parquet.
Floorings of entrance hall, kitchenette and terraces – terracotta and artificial stone “granitogres” tiles.
Mounted electric switches and sockets.
Bathrooms – completed in full, walls – faience tiles, floor – terracotta tiles, mounted toilet flush bowls (mono-block type), sink, taps.
Air-conditioning unit for each apartment.
As an option we can furnish the living room, kitchen, etc.
Yard with greenery and fenced parking places.
At 100% advance payment there will be discount of 3% of the price.
Purchase schedule:
Payment of purchased sites shall be performed in the following stages:
- 10% before signing the preliminary contract as downpayment;
- 40% upon signing the preliminary contract;
- 20% upon completion of the shell construction;
- 20% upon completion of finishing works;
- 10% upon issuance of certificate of occupancy.
Term of completion of the building – September 2009.
Available apartments:
First floor:
Аp. А1 one bedroom 79,38sq.m 119 000E
Аp. А2 one bedroom 72,66sq.m 109 300E
Аp. А3 one bedroom 62,64sq.m 94 000E
Second floor:
Ap. А4 one bedroom 79,59sq.m 119 400E
Аp. А5 one bedroom 72,85sq.m 109 300E
Аp. А6 one bedroom 62,80sq.m 94 200E
Thirt floor:
Аp. А7 one bedroom 80,09sq.m 120 200E
Аp. А8 one bedroom 72,85sq.m 109 300E
Аp. А9 one bedroom 62,80sq.m 94 200E
Sea coast
