| Price:€43,605 Total Price £ $    (Sponsored by Anello FX) |
Agent Information |
| Condition: |
Ready for occupation |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
1 |
| Status: |
Available |
Kimo Properties are marketing this apartment for sale in Bulgaria
NO AGENCY COMMISSION
Location:
It is the perfect family holiday destination - quiet and picturesque with beautiful mountain
walks and yet very close to the beach and the amenities of a major sea resort, easy access
from both Varna and Bourgas airports and only 10 min ... moreutes drive to the historic town of
Nessebar.
Description:
There is a choice of 68 flats and 6 shops with size range of 49s q. m. – 140 sq. m. this
includes 7 studios, 28 one-bedroom and 33 two-bedroom Apartments.
For easy maintenance, the standard finish include plastered and latex painted walls and
ceilings, wood effect laminated flooring fitted in the bedrooms and living room areas, tiled
floors and walls in the bathrooms. Fully fitted bathrooms. Completely installed water and
electrical systems including Telephone, Cable TV and Internet connections.
The buildings will be fully insulated and PVC double-glazing fitted to all windows and
balcony doors.
Special features include solid wood window shatters; solid wood beams ceilings in the
reception rooms and a choice of wood burning fireplaces or air conditioner with the other one
also available at the additional cost of only Eur 1,000.
If a client desires, she/he can change the specification of the property, provided it was
purchased before the building work is completed. This might come at an extra cost
depending on the work and the prices of the materials used.
Furnishing:
For those clients who prefer a more hands off type of investment we are providing a special
furniture pack service. This is optional and with added cost the property will be completely
furnished. It will include all the basic furniture needed to make the property inhabitable and
ready to rent.
Onsite Facilities
Kosharitza will be gated with 24-hour security and a porter in the reception area to assist the
residents and visitors of the complex.
The leisure facilities include everything one needs to make it a complete holiday. An
outdoors swimming pool with coffee shop, children playground, barbeque area and barbistro.
Rental Prospects
Quick research on the Internet reveals that two-bedroom villas in Kosharitza are offered at
around £375 per week in a high season and £299 in a low season. Assuming a realistic but
maybe slightly conservative 16 weeks occupancy per year gives a £6,000 income. This is
about 11.3% annual yield on £53,250 - an average price of two-bedroom flat in Holiday
Village Kosharitza.
In our effort to provide complete hands off investment, we have initiated talks with TUI,
Balkan Holidays and Nagena to discuss the marketing possibilities. We would update on any
developments on the possibility of a rental management. ... less
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