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Description: Time fixed for finalizing construction: 30th August 2006 Area: from 51,71 sq.m. to 129,09 sq.m. Price: from 45 241,30 EUR to 108 435,60 EUR Basic Location: Take advantage of the advantageous opportunity to buy one of these fine modern apartments in the unforgettably picturesque sea vacation town of BYALA. The 3rd biggest city in Bulgaria and one of the most beautiful - Varna - is just 53 km away with a port and an air-port available. Splendid sea views from each apartment! TOP ATTRACTIVE OFFER! Do not miss to buy one of these best quality modern apartments at really advantageous prices! We offer you what will surely be your most favourite summer home for relaxation and fun in sunny Bulgaria! The holiday complex “Panorama beach” is located in Byala – a small town on the Bulgarian sea coast, surrounded by virgin beaches. The population of Byala is about 3000 citizens and during the summer season there are many tourists. The town has an excellent situation being in a fast developing area where many international companies have started the construction of top quality hotels. In the town there is also a polyclinic, a post office and a school. There are many delighful cafes and fancy restaurants often with authentic folklore live music, offering delicious meals and drinks from the Bulgarian and international cuisines. If you are a fan of the sport entertainment, Byala also offers a water slide, a tennis court or you can enjoy fishing trips for relaxation and a variety of water sports. Byala is located 53 km south of the spendidly picturesque and 3rd in size in Bulgaria – the sea capital of Varna, 60 km from the International airport there and 55 km from Burgas airport. It is near the famous resort town Obzor. Located on a beautiful beach, Byala is a center of a region famous for its long traditions in grape-growing and high quality wine production. The average summer temperature is up to 25 ˚ C and down to 5˚ C in winter. Sea temperature is up to 28˚ C during July and August. The temperature suitable for bathing last as long as 6 months a year. There are daily bus lines to Varna, Burgas, Sunny Beach and the ancient historic town of Nessebar. The holiday complex “Panorama beach” is located in the so called “Greek neighbourhood” , near the beach. The building is constructed on a plot of 4000 sq.m., surrounded by lush green space. All of the apartments have a perfect seaview. The distance to the beach is about 600 meters. The building consists of 70 apartments with the size ranging from 52 sq.m to 128 sq.m. There is an opportunity for joining two apartments. All apartments have big balconies overlooking the sea and elevator approach. Satellite TV, telephone and Internet plugs are available. There are three schemes for buying the apartments: - Bulgarian standart (BDS); - Completed to key ( not including furniture ); - Completed with furniture ; There are also three houses offered for sale: House type A is located also in this vacation complex. It is with unfolded built-up area of 166 sq.m. There is a spacious living-room with a kitchen of 49 sq.m. as well as a bedroom for guests and a bathroom on the 1st floor. On the 2nd floor are situated two big bedrooms, each with area of 19 sq.m., as well as two separate bathrooms. The two bedrooms have access to a big balcony of 14 sq.m. with an excellent view of the sea. The house has its own separate yard of 500 sq.m. in the vacation complex “Panorama Beach”. There is a barbecue available in the yard too, perfect for out-door parties with guests. House type B is a twin house of House type A. It offers exactly the same things also has a yard of 500 sq.m. and a barbecue. House type C is a luxurious house with total size of built-up area of 320 sq.m. The 1st floor is a separate apartment for guests consisting of a big living room with a kitchen with common size of 52 sq.m. and two bedrooms with an area of 16 sq.m. each, a bathroom and a sauna. This part of the house is with its own entrance which can be used either separately or together with the other parts of the house as they are being connected by a staircase with isolated door. The 2nd floor has a big living room with a kitchen of 49 sq.m. as well as a cabinet and a toilet with a bathroom. In front of the living room is situated a big balcony of 33 sq.m. with a barbecue from where you can enjoy a magnificent panoramic view of the sea. “ Panorama Beach” is an excellent place to invest your money in, because of its location and the facilities it offers. United Bulgarian bank offers profitable credit for buying an apartment in in it. The building company has also signed agreement with two British mortgage companies, offering mortgage against a Bulgarian property. This makes the mortgage procedure for our customers much easier. Note that all the apartments include shared parts from the building and ideal parts from the parcel Completion deadline: 30 August 2006 1. DETAILS Complex facilities: - Outdoor swimming pool (120 sq.m.) with separate chlirdren`s section - Children playground and rest corners - Bar and barbecue near the swimming pool - 24- hours security- porter - parking and park seats - ift Level of completion Bulgarian standart (BDS) - Floors at putty - prepared for a carpet, terra-cota or laminated flooring - Walls - plaster groundcoat - PVC pipes without taps - Electric installation including keys and and sockets - Colour PVC joinery with double glass windows - Baths -at putty on the walls and and cement putty on the floor - prepared for faience and terracotta. - Installation for cable TV and telephone line - Indoor and outdoor wooden doors Completed to key (not including furniture) - Bulgarian faience and terracotta in baths, taps, full equipment of "Ideal Standart" company - Terracotta, or carpet - Inside doors with natural wood covering and Italian locks - Walls painted with latex - Installed electric bodies, keys and sockets - Electric boiler Furniture - requires additional paying - Built-in kitchen - Fireplace - Furniture - Matresses - Bath or whirlpool The details listed above are already included in the selling price of these top attractive apartments but we also highly recommend 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: - 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. 2. PROPERTY MANAGEMENT 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 350 EUR. What would this fee cover? - Maintenance of the garden, the children palyground and the parking lot - Cleaning and maintenance of the communal areas (the corridors of the building) and the swimming-pools - Covering of the lectricity bills for the common parts - Security services - Standard repairs occurring from normal use of the building Complete Maintenance and Property Management 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? - 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. 3. LETTING MANAGEMENT Owners who wish to get a return of the investment they have made by letting their property for rent can do so by using the services of our partners “Property Management” Ltd. who are the leaders in this field in Bulgaria. The "Panorama Beach" complex of apartments is in the sea town of Byala which is located on a scenic Black sea coast and is a centre of a rich vine-growing and wine-producing region, with its traditions dating back to ancient times. Byala has been endowed by nature with a picturesque sea coast and a beautiful mountain full of precious resources. These are all reasons for elite sea tourism in this town to be so well developed, also yacht tourism, rural and hunting ones too. The beach strip is a delightful combination of sand dunes, a rocky coast and cozy little bays. The Black sea aquatory is of considerble importance for the region; it creates good opportunities for the organization of water transport. "Panorama Beach" is a fully serviced complex with its own shops, a restaurant, a caf?, a children''''s playground, a swimming-pool and a number of other extras which make it extremely well preferred by many tourists during the summer season. The apartments have been built with high quality materials only, according to all European building standards. These apartments offer their tenants comfort and coziness which is a main requirement when letting such kind of properties for rent. The flow of foreign and native tourists to the Bulgarian seaside is steadily growing due to the heightening of the service quality and the total development of the tourist business in Bulgaria. Investors who have decided on investing their money in this kind of properties have the right to expect thie duly safe and fast return. What does the Letting Management service include? - "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 "Panorama Beach" 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. - 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 "Panorama Beach" apartments will give a minimum of 5 % return of the investment made during the 1st year and about 8 - 10 % during the 2nd one. 4. CONSTRUCTION UPDATE - Here you can have a look at the construction of the houses in full progress (November 2005) As you can see, the construction is going on well and with high quality of execution 5. PAYMENT PLAN TOP Option 1 Due: % 30 Stage of construction: At Preliminary contract Due: % 30 Stage of construction: At rough construction completing Due: % 40 Stage of construction: At ownership transfer Option 2 Due: % 70 Stage of construction: At Preliminary contract Due: % 20 Stage of construction: At rough construction completing Due: % 10 Stage of construction: At ownership transfer If you choose option 2 , the developer will fit a free built-in kitchen with installed the following electrical appliances: 1. built-in electrical oven - "ELECTROLUX" brand - colour Inox; 2. 2 ålectrical hot-plates "ELECTROLUX" with mechanical control - colour Inox; 3. an absorber "ELECTROLUX" brand - colour Inox; 4. a refrigerator - "BEKO" brand - colour white; 5. washing mashine installed 6. PRICES AND AVAILABILITY No commission fee for the buyer! All prices include VAT and are for level of completion "turn key" which includes the following: - Bulgarian faience and terracotta in baths, taps, full equipment of "Ideal Standart" company; - Terracotta in the living rooms, carpet in the bedrooms; - Inside doors with natural wood covering and Italian locks; - Walls painted with latex; - Installed electric bodies, keys and sockets; - Electric boiler; We offer you top quality apartments at most attractive prices so that you can invest your money wisely and enjoy your best summer vacations in your comfortable holiday home in sunny Bulgaria! Do not hesitate, we recommend purchase! |
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