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Ref No. Pir050208    
Located in: Sunny Beach, Bulgaria




Key Points

  • Only 450 m away from the beach.
  • Great Rental Potential
  • Furniture Packs Available
  • Last Few Remaining
  • Now Complete!!!


Prices From: 62,638.00 EUR

       
       
  • Description
  • Investment Projection
  • Area Info
  • Prices And Availability
  • Images
  • Floorplans

Facilities include:

• Reception
• 2 Lifts
• 24 hours security, concierge and maintenance
• Private swimming pool
• Green areas
• Parking lot
• Bistro
• Laundry
• Easy access

The complex is located in Sunny Beach over the area of 1881 square meters. The resort complex offers 52 apartments.

The information below is to help you see at a glance how investing in a “Buy to Let” property can not only cover your expenses but make you money both in rental income and capital growth. This information is based on an average type of apartment, rented for only 26 weeks of the year and at a low weekly rent in a Bulgarian resort. Working on these figures you should be able to achieve rental targets and financial rewards.


Studio Apartment
Purchase Price 45,000 euros
Purchase Costs 2,000 euros
Furniture Pack 4,000 euros
Total Outlay 51,000 euros


Year
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
                     
Rental Income with 7% increase PA
9100
9737
10418
11147
11928
12763
13566
14612
15635
16730
Maintainance with 10% increase PA
350
385
423
465
512
564
620
682
750
825
Management Service at 10%
910
973
1041
1114
1192
1276
1356
1461
1563
1673
Water + Electric
900
900
900
900
900
900
900
900
900
900
New Furniture Pack
     
5000
     
6000
   
                     
Balance At Year End
6940
7479
8054
3668
9324
10023
10690
5569
12422
13332
                     
Total Banked
6940
14419
22473
26141
35465
45488
56178
61747
74169
87501
                     
Capital Growth Based on 14% PA
51300
58482
66669
76003
86643
98773
112602
128366
146337
166824

Total Return on Investment Over 10 years 254,325 euros
(87,501 euros Rental Income, 121,824 Capital Growth, Initial Purchase Price 45,000)


With A Mortgage of 70% based on the interest rate of 6.75
Mortgage Term: 10 Years
Interest rate: 6.750%
Loan amount: 31,500.00 euros
Total Outlay 361.70 euros a month


Year
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
                     
Rental Income with 7% increase PA
9100
9737
10418
11147
11928
12763
13566
14612
15635
16730
Maintainance with 10% increase PA
350
385
423
465
512
564
620
682
750
825
Management Service at 10%
910
973
1041
1114
1192
1276
1356
1461
1563
1673
Water + Electric
900
900
900
900
900
900
900
900
900
900
New Furniture Pack
     
5000
     
6000
   
Mortgage Repayments
4340
4340
4340
4340
4340
4340
4340
4340
4340
4340
                     
Balance At Year End
2600
3139
3714
-672
4984
5683
6350
1229
8082
8992
                     
Total Banked
2600
5739
9453
8781
13729
19412
25762
26991
35073
44065
                     
Capital Growth Based on 14% PA
51300
58482
66669
76003
86643
98773
112602
128366
146337
166824

Total Return on Investment Over 10 years 210,889 euros - Deposit and Costs Paid 19,500 euros
(44,065 euros Rental Income, 121,824 Capital Growth, Initial Purchase Price 45,000,)

The beautiful Sunny beach resort is the largest on the Black Sea Coast and has the longest and widest beach. Situated 35km north of Bourgas and 95km south from Varna Sunny Beach features a warm sea with a gently sloping sand bottom and approx 1,700 hours of sunshine, through the season from May to October. Awarded the prestigious Blue Flag international prize for proven ecological advantages, The Sunny Beach resort consisting of more than 100 hotels, 2 campsites and over 130 restaurant establishments, bars, night clubs, and casinos the resort provides a good time for everyone.

Alternatively if sport is your thing this sunny resort can cater for you too. With surfing, water skiing, sailing, tennis courts, beach volleyball, mini golf, bowling, riding ground and many other sports facilities available there will be plenty to keep you busy.

There are also plenty of activities for the kids, Fun and Games a plenty, children’s pools, slides, Carting and with the new water park just a few minutes down the road there’s plenty to keep them occupied.

Many local activities go on throughout the year, with the Golden Orpheus International Festival of Bulgarian Pop Songs, Folklore and Symphony concerts, Miss Sunny Beach Contest etc.


Click The Apartment Number To View Floorplans
Apt No.
Block
Floor
Type
Beds
Baths
Built m²
Communal m²
Price
Status
2
0
Apartment
2
1
75.85 m²
11.6 m²
107,648.00 EUR
Available
3
0
Apartment
2
1
75.9 m²
11.6 m²
107,709.00 EUR
Available
4
0
Apartment
2
1
77 m²
11.89 m²
109,413.00 EUR
Available
5
0
Apartment
2
1
66.75 m²
10.2 m²
94,773.00 EUR
Available
6
0
Apartment
2
1
70.7 m²
10.81 m²
100,364.00 EUR
Available
Bistro for sale or rent
0
Business
162.3 m²
24.81 m²
355,509.00 EUR
Available
11
1
Apartment
1
1
48.1 m²
7.35 m²
72,550.00 EUR
Available
12
1
Apartment
2
1
79.9 m²
12.22 m²
113,373.00 EUR
Available
13
1
Apartment
2
1
70.7 m²
10.81 m²
100,364.00 EUR
Available
15
1
Apartment
1
1
46.6 m²
7.12 m²
70,747.00 EUR
Available
16
1
Apartment
2
1
71.75 m²
10.97 m²
101,848.00 EUR
Available
17
1
Apartment
2
1
86.9 m²
13.29 m²
123,268.00 EUR
Available
19
2
Apartment
71.20 m²
10.11 m²
101,075.00 EUR
Available
22
2
Apartment
48.1 m²
7.35 m²
72,550.00 EUR
Available
28
2
Apartment
85.60 m²
13.09 m²
121,429.00 EUR
Available
30
3
Apartment
67.8 m²
10.90 m²
96,269.00 EUR
Available
35
3
Apartment
48.10 m²
7.35 m²
72,550.00 EUR
Available
36
3
Apartment
39.85 m²
6.09 m²
62,639.00 EUR
Available
44
4
Apartment
70.70 m²
10.81 m²
100,364.00 EUR
Available
46
4
Apartment
39.85 m²
6.09 m²
62,638.00 EUR
Available