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Property for sale information

 
Pearl Beach - Sunny Beach - Bulgaria  
Reference nr: MD838999
Description:

Chic resort location situated in the most desirable area of Sunny Beach. Just a short stroll from the Beach

A modern architecturally designed complex, due for completion in October 2007.

These residences are thoughtfully planned to suit both families and couple styled living

Location

Sunny Beach is one of the biggest and most popular holiday resorts in Europe, and is home to over 130 hotels with more than 60 000 beds. There are also 130 restaurants and numerous live music bars, pubs, nightclubs, discos, cafes. It has been undergoing continuous expansion for many years. In recent years almost the whole hotel base has been renovated and several new luxurious hotels have been built as well as many spectacular apartment complexes.

Facilities

This development comprises of 38 apartments, 3 studios, 21 one bedroom, 10 two bedroom and 4 penthouse apartments. All units come with timber floors in the dining room, PVC windows, tiled floors in the kitchen and bathroom, balconies/private gardens on all apartments, superb quality construction and finish. The resort has a swimming pool, barbeque area, shops, hair and beauty parlour. Maintenance charges for the development are €10 per sqm.

Finishing & Options

Full furniture fitout is now included in the price of the apartment.

Features

* Superb location, high quality luxury development located just a short stroll from the beach
* 100% rental occupancy from May to October - full property management service
* Adventure water sports, vibrant nightlife & extensive shopping facilities
* Swimming pool, barbeque area and 24 hour security
* 38 units, including studio, 1 and 2 bedroom apartments, with underground parking
* 4 commercial units and coffee shop at ground floor level

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 76,243
1 1 104,837
Features:
Beach
Furnished
Private Swimming Pool
Submission Date:
09-27-2007
Last Update:
04-08-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
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Calculators

 
Property price: €76,243
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations