Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Rutland Beach  
Reference nr: PG644182
Description:

In an enviable front line location, Rutland Beach is a fantastic off-plan investment opportunity in the quieter resort of Ravda, near Sunny Beach. Recently released onto the market these apartments are due for completion ready for the Summer 2008 season and offer the opportunity to invest in Bulgaria with a very attractive payment plan and a guaranteed rental income of 5% of the apartment price for a minimum of 3 years from 2008- 2010.

This ‘Mediterranean’ style development will consist of 76 studio, one and two bedroom apartments, all with uninterrupted sea view and built to the highest specifications. The development is located just 100m from the sea and 200m to the beach in Ravda, Sunny Beach.

This is the latest development from Standen Ltd whose previous successful developments in the Ravda area include Rutland Court and Rutland Bay. Once completed this project promises to combine the benefit of years of building experience together with 21st century architectural design.

Designed for spacious living each apartment has an exquisite sea view and is fully finished with fully furnished bathrooms, air-conditioning, cable TV and internet.

Facilities at the development will include

• large swimming pool
• extensive sun terracing
• Jacuzzi
• large areas of landscaped gardens
• restaurant
• bistro
• cocktail bar
• on site parking.

All apartments purchased in this development attract a guaranteed rental income amounting to 5% of the apartment price per year for a minimum of three years.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 34,880
1 1 43,440
2 63,563
Features:
Beach
Private Swimming Pool
Spa
Submission Date:
12-17-2007
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €34,880
 

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