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

 
Kavala str. - City Investment  
Reference nr: SP311869
Description:

Bulgaria's largest City of the Black Sea coast Varna offers numerous opportunities to its citizens. Every day, the city is expanding and the demand for new homes is huge, the increasing rental potential is guaranteed and the charming atmosphere of the Sea capital turns it into a wonderful place to be.

Our City Investment project - "Kavala Street" is your future home. The modern style of the building is an attractive supplement to the Central part of the City and yet remains cozy and welcoming to its inhabitants, with only 19 apartments inside. 17 parking spaces on two levels with lift for the cars, an office and a snack-bar are the amenities.

One of the key points of the successful investment is the good location which is being part of an area with many amenities, accessibility and yet quiet and private.

"Kavala Street" has the perfect location in the center of Varna with good access to:

* Central pedestrian street with most of the shops, restaurants and bars
* Many financial institutions, administrative centers, offices
* Post office, hospitals, schools, University
* The main road to Varna International Airport, Railway Station and Bus Station
* The main road to famous beach resorts: Golden Sands, Albena
* The building itself is located in a quiet region with private houses and small blocks with apartments

Bedrooms: Bathrooms: Price (€):
1 1 87,500
2 1 146,628
Features:
Beach
City
Submission Date:
01-15-2009
Advertiser Details:


Name:
Strahil Popov

Company:
Eurosilex Ltd

Phone:
+359 52 664646
Fax:
+359 52 613773
Mobile:
+359 886 427412

 
Property Photo Gallery

 

property photo

property photo
 
Calculators

 
Property price: €87,500
 

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