This brand new residential project is situated just 40 metres away from the sea in one of the most charming towns of the Bulgarian Black Sea coast - Balchik.
Offered for sale are all 40 apartments - 38 of which have one bedroom and are with living area between 60 and 70 sq. m. and 2 have two bedrooms with sizes of 120 sq. m.
Key Points:
- 40 exclusive apartments, offering panoramic waterfront views
- Divided into 6 residential floors
- Built with top quality materials, according to the European quality standards
- Located right in front of the beach
- Direct access to the coast line
- Parking spaces
- Very close to the famous Botanical Garden and Palace of Queen Maria, attracting thousands of visitors every year
Start of construction works: April 2008
Completion of the project: April 2010
Ref. Num.: 1063
The development is situated on a slightly elevated position, 40 m from the coastline of Balchik, providing amazing views towards the sea coast and the new modern yacht port.
In a close proximity you can find all kind of attractions and places of interest, the most famous of which are the biggest Botanical Garden in Eastern Europe and the Castle of Queen Regina Maria.
The city centre is within 5 minutes walk and the sandy beaches of Albena and Kranevo resorts are only 5 minutes drive by car away. Also located close are the famouse Golden Sands resort (15 min by car) and Varna - half an hour drive away.
Finishing and furnishing
All apartments are offered luxuriously finished with fully fitted bathrooms. Full furniture packs are offered including fitted kitchen with appliances at an additional price. Furniture packs for rental apartments will include everything necessary for the apartment to be let out successfully:
• Beds, cupboards, dressing tables;
• Cooker, microwave, fridge, kettle, toaster;
• Pots, pans, cutlery;
• Dining table and chairs;
• Extensible sofa with armchairs;
• Linen, towels, bedding etc;
• TV and Hi Fi system.
Property maintenance will include:
- 24 hour security
- 24 hour reception
- Professional maintenance of the green areas and common areas
- Management of the leisure areas
- Electricity for common areas
Annual maintenance tax will apply, the exact charge will be set at completion stage of the development.
To reserve an apartment in this development, a non-refundable deposit of 1 000 Euro is required. This can be paid in cash or by a bank transfer to the bank account of the developer. Upon paying the deposit, the apartment will be reserved for the period of 14 days within which the Preliminary contract for purchase have to be signed.
Payment plan:
- 1 000 Euro non-refundable deposit upon reserving an apartment
- 30% of the price upon signing of the preliminary contract within 28 days after the reservation (minus the 1 000 Euro deposit)
- 30% of the price upon finishing of the second floor
- 30% of the price upon receiving of Assignment 14 indicating that the shell stage was completed
- 10% of the price upon full completion of the project and receiving of Assignment 16 (Rights to use the premises)
Price: One bedroom apartments - between 82 200 and 89 796 Euros
Two bedroomed apartments - price upon request
All prices include VAŠ¢. The total price paid will be fully indicated on your Title Deeds. Additional costs, Notary fees, local tax and stamp duty are approximately 4% on top of the purchase price.