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Property for sale information

 
Victoria Villas **LIMITED OFFER - 30% off all apartments**  
Reference nr: TW688737
Description:

Victoria Villas

**LIMITED OFFER - 30% off all apartments**

• Rental guarantee of 6%
• Prices start at € 39,276
• Property Management & Letting
• Attractive payment plans (with 5% Discount available)
• Due for completion September 2008

Victoria Villas offers splendid views over Sunny Beach Resort, the world heritage site of ancient Nessebarr and the slopes of Stara Planina Mountains. Nestled in the village of Kosharitsa, this project is ideally situated and just one mile from the beach.

• Located directly above Sunny Beach where the largest concentration of holiday makers arrive each summer
• 30 km north of Burgas International Airport on the southern Bulgarian Black Sea Coast.
• Includes swimming pool, spa and bistro facilities.
• Property management and letting
• 6% guaranteed rental income provided for the first two years

Facilities:

• 2 Swimming-pools
• Pub and Restaurant
• Minimarket & other shops
• Spa and bistro
• Air-conditioning
• Cable TV and Internet in all apartments
• Parking
• 24 hr security

The apartments at Victoria Villas are sold including kitchen cabinets and appliances.

Location:

Victoria Villas is situated right above Sunny Beach, in the village of Kosharitsa and remains the perfect family holiday destination. It is quiet and picturesque offering a host of activities from beautiful mountain walks to being within just one mile of Sunny Beach that boasts all the amenities of a major resort. The combination of activities, stunning sea views and of the slopes of the Stara Planina Mountains to the North makes Kosharitsa a truly unique spot. Victoria Villas is within close proximity from both Varna and Bourgas airports.

Kosharitza largely remains undiscovered, however in more recent times it has started to attract the attention of a growing number of tourists and investors who are driven way from the crowded and densely developed Sunny Beach resort.

Payment Plan A

• Advance 30% (due within one month of reservation)
• Foundations 20% (February 2008)
• Roof and property transfer 20% (June 2008)
• Completion 30% (September 2008)

Payment Plan B - 5% discount on the price

• Advance 50% (due within one month of reservation)
• Foundations 20% (February 2008)
• Roof and property transfer 30% (June 2008)+

Bedrooms: Bathrooms: Price (€):
1 1 60,432
Features:
Beach
Submission Date:
03-03-2008
Last Update:
06-04-2008
Advertiser Details:


Name:
Glenda Lazare

Company:
Avatar International

Phone:
020 8332 8670
Fax:
020 8332 8679
Mobile:

 
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Calculators

 
Property price: €60,432
 

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