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Apartment For Sale in Bulgaria
Siana Complex Sveti Vlas
Asking Price: 52,632 € - 100,420 €
Time fixed for finalizing construction: July 2006
Area: from 58, 48 sq.m. to 100, 42 sq.m.
Price: from 52 632 EUR to 100 420 EUR
Basic Location: New top quality apartments on the sea coast in the amazingly beautiful vacation place of SVETI VLAS. Located 41 km from the scenic sea city of Bourgas. Magnificent sea vistas!
We offer you top quality apartments in an exquisite new complex for your best summer holidays on the sunny Bulgarian seaside!
The village of St. Vlas, located next to the holiday resort of Sunny Beach - Nessebar, is one of the fast growing vacation sites in Bulgaria. Sunny Beach is a resort area, comprising of numerous attractive hotels, fancy night clubs, shops and restaurants. The beach at the resort is 8 km (5 miles) long and boasts of fine sand and a well-facilitated area with sun beds and umbrellas. South of Sunny Beach is located the ancient "island village" of Nessebar. Now connected to the mainland by a man made causeway, the history of this magnificent architectural reserve dates back to 72 AD as a Roman garrison. In the 2nd Century AD, a town was built by the Thracian civilization which was called Mesambria. In 510 AD, the Durians colonized it and in 680 AD the town came under the rule of Bulgarian Byzantine emperors. In 1956 the town became the architectural and archeological reserve which at present gathers numerous tourists who admire its uniqueness and romantic atmosphere. Still standing are the original gate and fortifications from the 3rd and 4th centuries AD. There are a number of Byzantine churches built back in the 5th and 6th centuries AD. Houses unique to the Black Sea Coast were built in Nessebar during the Bulgarian Revival period after 1878. Nessebar has become one of the most popular tourist destinations in Bulgaria over the past 10 years. Saint Vlas has rapidly become the "villa centre" of the Sunny Beach-Nessebar region. A number of villa complexes are already built in the area, with demand far exceeding supply. It is estimated that approximately 70% of all units which are currently being built are sold "off-plan" before construction has even begun. St. Vlas is by far the premier spot to build holiday apartments on the Bulgarian Black Sea Coast at this time. If Bulgaria is to join the European Union as it is expected by the end of 2007, considerable appreciation is expected throu-ghout the Bulgarian real estate market, with holi-day apartments expected to lead the way and appreciated the most in value. Sveti (Saint) Vlas village has about 3,000 inhabitians and is situated on the Black Sea coast just 4 km to the north of Sunny Beach - the biggest and most attractive sea resort in Bulgaria - and 9 km away from the ancient town of Nessebar. It lies in the skirts of the Stara Planina mountain (also called the Balkan mountain) and this offers a beautiful unique combination of sea and mountain climate, considered favourable for those suffering from lung diseases. The exclusivity of this village is enhanced not only by the nice shops and restaurants but now also by the newly built marina, offering berthing for 304 yachts. The adjacent beaches are of a total length of about 1 km and average width of 16 metres. It is namely in this wonderful scenic place that we offer you excellent top quality apartments in the luxurious SIANA Complex. It is a fully contained holiday apartment complex consisting of 58 studios, one-bedroom & two-bedroom apartments, ranging in size from 50 to 100 and at quite affordable prices. All of the units at SIANA Complex will have splendid sea views. Among the amenities on the complex property are a pool, a pool side restaurant and bar, sauna & gym and ATM for all holiday necessities. The complex conforms to all quality European building standards. By locating popular tourist destinations, we are able to offer apartments which are also ideal as investment properties. The completion date of the building is July 2006.
Services and Amenities
- Great Location with fantastic Sea views
- Private Pool
- Restaurant with sea view
- Bar with sea view
- 24 hour Security
- 4 km to Sunny Beach - with 8 km of developed beach
- 8 km to Nessebar - a 2,000 year old UNESCO World Heritage Site
- Rental Property Management Company
- Sauna & Fitness-GYM-Studio
- Open Parking Lot
- Assistance in Furnishing your apartment
- ATM Cash Machine
- Thermal Insulation on all exterior walls
- Imported PVC Gas Insulated Windows
- Imported Roofing Tiles
- High quality polypropelyne water lines
The above-mentioned details are included in the selling price of these fine new apartments but we also strongly recommend to you our partners from The Best Furnish who will offer you a variety of attractive types of furniture packs for your apartment. These furnishing sets will include all things necessary so that your home becomes the coziest and the best for both occupation and renting:
- High quality Floor and Bathroom Tiles
- Vidima Ideal faucets & bathroom fixtures
- Walls finished with latex paint
2. PROPERTY MANAGEMENT
- Beds, bedside tables, dressing tables, a chest of drawers;
- A wardrobe, a TV and a music system rack, living-room small table;
- A cooker, a refrigerator, a microwave oven, a kettle, a toaster;
- Pots, pans, cutlery, crockery, kitchen utensils;
- Dining table with chairs;
- A sofa and extending arm-chairs covering to a sofa bed;
- Household bed linen, towels, table-cloths, etc.
- TV sets in each room, a music system with CD and MP3 player;
- Bedside lamps;
- And anything else necessary to make your villa perfect and ready for renting.
Maintenance of gardens, swimming-pools and communal areas
The maintenance of the communal areas of the building will be provided by the investor as the annual fee is 6 EUR per sq.m.
What would this fee cover?
Complete Maintenance and Property Management
- Arrangement, maintenance and watering of the garden
- Cleaning and maintenance of the communal areas and the swimming-pool
- Covering of electricity bills for the common parts
- 24-hour security
- Standard repairs occurring from normal use
First class property management service is provided by our partners "Property Management" Ltd. who are the leading Bulgarian company in the sphere. The annual management fee is 500 EUR.
Which services does this management fee include?
3. LETTING MANAGEMENT
- Qualified personnel of electricians, cleaning staff, gardeners and security companies which provide the maintenance of the property. The maintenance consists of: partial repairs, regular cleaning, refreshment, making of beds, airing of the rooms, linen and towel laundry, bathroom tile cleaning, window washing, carpet and furniture cleaning.
- Organization of different marketing campaigns, on local, as well as on international level; keeping contacts with well known tour operators and travel agencies, with the purpose of the renting out of the property.
- Co-operation to the clients, which includes meeting at the airport / railway station, giving and taking keys.
- Registration of the tenants as foreign citizens in the local police station, as required by the law.
- Co-operation and making of an insurance of a real estate against any possible risks, such as burglaries, earthquakes, floods and fires - a necessary requirement of the local administration.
- Cooperation and issuing of health insurance or life insurance of the tenants.
- Organisation of the issuing of any categorization papers and all the documents required by the law for having a license for short-term or long-term rent of the property, receiving the license from the municipality.
- Constant communication with the owner of the property through weekly or monthly reports to keep him/her informed of future, past or present reservations, made expenditures, received incomes, as well as of any other important circumstances regarding the property
- Payment of all bills for power and water supply, phone bills, cable TV, Internet subscription, payments to cleaning, maintenance and security companies.
- Organisation and book-keeping of all documents
- Issuing and receiving of invoices, drafts and receipts, bank documents for and from third-party providers, agencies, local authorities, state and public institutions.
- Annual financial completion of the company as well as submitting the annual tax statement at the local tax office.
- Organisation and payment of the all local taxes and fees, as well as property rent taxes and other income.
- Web access to the bookings made for your apartment by the tour operator so that you can check the availability for yourself, friends and family. You can also check your rental income.
- Representation of the property owner, protection of his/her rights and execution of his/her will before any and all third-party state or public institutions and service providers.
This fine complex of apartments is located in the vacation place of Sveti Vlas, very close to the world-wide famous resort of Sunny beachand also to the historical and amazingly scenic sea town of Nessebar. The unique situation between the mountain and the Black sea characterizes the specific climate of the Sveti Vlas vacation place and it is quite beneficial for the treatment of a number of from the noise and the bustle of the big city but at the same time neighbouring a mountain and the sea, this is an excellent place for health treatment procedures during all seasons. The specific location defines the pleasant climate with a maximum number of sunny days (240 - 260 per year). The air currents and the nearby mountain gorge create a uniquely mild and agreeable natural phenomenon cleaning the air of dust and other polluting air particles. The influence of the sea and the crystal clean airare natural attractions with powerful curative effect on the bronchial asthma and other chronic diseases of the lungs. It is not illogical then that the only Sea sanatorium in the country is just a kilometre away. The Bulgarian Black sea coast is a separate part of the Mediterranean climatic region and with its beneficial conditions it stands ahead than a lot of famous European resorts. The combination of mountain and sea and the favourable Mediterranean climate make Sveti Vlas a well preferred tourist destination. All this leads to the fact that letting an apartment of the "Siana" complex for rent would be easy not only during the active summer season but throughout the whole year. The return of this kind of investment is fast and contains almost no risk whatsoever. Our partners "Property Management" Ltd. who are a leading company in this sphere of services in Bulgaria are offering it through the Letting Management service.
What does the Letting Management service include?
4. PAYMENT PLAN
- "Property Management" Ltd. as your tour-operator accommodates tenants for a short term as well for longer one.
- Through its marketing department it runs different advertising campaigns on local as well as international level through the press, the internet web, brochures, presentations in international show programs, etc. It keeps in contact with famous international tour-operators such as Balkan Holidays, TUI, Solvex, Heckerman, Neilson, First Choice and others which will direct their tourists to the Siana Complex apartments.
- Cooperating the tenants which includes meeting them at the airport / the train-station, incoming and out-going key services.
- Property Management" Ltd is in constant contact with the property owner by keeping him/ her informed for present, past and future reservations, as well as the rent sums.
- "Property Management" Ltd is in constant contact with the property owner by keeping him/ her informed for present, past and future reservations, as well as the rent sums.
- Fixed tariffs per night for short-term tenants. All current expenses at the short-term rent (electricity, water, cable TV, Internet) are at the expense of the owner.
- Long-term rents are agreed upon additionally by the tenant and "Property Management" Ltd. as a representative of the property owner. Usually, when letting a property for a long period, the current expenses are paid by the tenant.
- Practically, experience sofar shows that short-term rents provide higher income and the team of "Property Management" Ltd. expects that the Siana Complex apartments will give a minimum of 5 % return of the investment made during the 1st year and about 8 - 10 % during the 2nd one.
Due: % 25
Stage of construction: within 14 days after the signing of the Preliminary contract
Due: % 25
Stage of construction: at the realization of concrete slab No.2
Due: % 20
Stage of construction: when the water and the electric installations are made
Due: % 20
Stage of construction : at the signing of Act.15 which means that all shared parts of a real estate are fully finished, includibg entrances, passages, lifts, etc.
Due: % 10
Stage of construction : at the signing of Act.16 which means that all apartments are fully finished, as agreed in the Enclosure No.1 in the preliminary.
5. PRICES AND AVAILABILITY
No commission fee for the buyer!
Here is a list of the prices and another one with the sizes of the available apartments. Prices include VAT .
Hurry up and invest your money wisely! Do not miss to buy one of these top quality apartments which will surely be your best summer vacation home ever! Contact us immediately!
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