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Property for sale information

 
Rutland Beach 2 - Front Line Apartments from just 38,505 Euros  
Reference nr: PG400591
Description:

In an enviable front line location, Rutland Beach 2 is the latest off-plan investment opportunity in the quieter resort of Ravda, near Sunny Beach.

Following the successful sales of Rutland Bay and Rutland Beach this development is due for completion in June 2010 ready for the summer season and offers the opportunity for an early investment in Bulgaria with a very attractive payment plan.

This ‘Mediterranean’ style development will consist of 98 fully furnished studio, one and two bedroom apartments, most with uninterrupted sea view and built to the highest specifications. The development is located just 150m from the sea and 250m 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, Rutland Bay and Rutland Beach 1. Once completed this project promises to combine the benefit of years of building experience together with 21st century architectural design.

Designed for spacious living most apartments have an exquisite sea view and are FULLY FURNISHED with air-conditioning, cable TV and internet connections.

Residents and Guests have their own large swimming pool but can also use the facilities of Rutland Beach 1. The overall facilities for use consist of:-

• 2 Large Outdoor Swimming Pools
• Extensive Sun Terracing
• Jacuzzi
• Landscaped Gardens
• Restaurant
• Bistro
• Cocktail Bar
• On Site Parking.

Rutland Beach 1 sold out very quickly and high occupancy levels are already resulting in good rental income. Rutland Beach 2 is an excellent opportunity to purchase sea view apartments in a similar location.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 38,505
Features:
Beach
Furnished
Submission Date:
09-09-2008
Last Update:
09-09-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
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Calculators

 
Property price: €38,505
 

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