This is 'Marina Bay' - the latest project in the holiday village Kranevo
A gated community with 24-hour security, 5 swimming pools and a playground for children, Marina Bay has been designed to provide high-quality, luxury living. The 453 apartments have been arranged in 30 strategically-placed buildings, each with a maximum of 5 levels. While the 28.000 sq. m. plot offers the possibility of a larger urbanization, building volume has been sacrificed in order to preserve the beauty of the area, and to provide future owners with peace, privacy and extensive, landscaped, community gardens.
Phase 1 comprises 60 units of studios, one- and two-bedroom apartments, and exclusive penthouse duplexes. Located at the foot of Marina Bay, this phase is close to the parking facilities, and to Kranevo’s beach and amenities. Each apartment offers uninterrupted sea views that will not be affected by subsequent phases.
Ideally-positioned on a wooded hillside, Marina Bay affords residents glorious views across the bay of Varna and the picturesque village of Kranevo. The silver-gold beach is only a five-minute walk from the development, and the village shops, restaurants and holiday amenities are all easily accessible.
Moreover, with its close proximity to Varna International Airport (28km), and few golf-courses in the area around, parklands and monuments, Marina Bay represents an exciting investment opportunity.
Personalisation of the apartments will be possible following approval from the architect and project team. It is also possible to buy adjoining apartments and merge them in one.
Furniture is not included in the price.
Delivery of the property will take place when the ‘Permission of Use’ certificate has been delivered by the authorities. A minimum of 14 days after notification, the purchaser, or the purchaser’s legal representative, will be invited to inspect the property, sign an act of delivery, produce a snag list and receive the keys.
The guarantees start with the date on the ‘Permission of Use’ certificate. The construction guarantee covers a period of 10 years, while the installations’ guarantees cover a period of 5 years. Any imperfections appearing during these periods will be repaired by the Developer, at no cost to the client. The Developer, however, is not responsible for damage caused by incorrect use.
Download Specifications list from here
The maintenance and management of the communal areas will be controlled and organised by a professional company.
This will be an external company which will be contracted to clean and maintain the communal areas and the pool. This company will be selected as a result of its ability to offer a wider range of services to the residents of Marina Bay, including the cleaning of individual apartments.
A service charge covering cleaning, maintenance and administration fees, is payable annually.
Bulgarian regulations (subject to change before 2013) allow foreigners to buy buildings in Bulgaria, but do not allow them to purchase land. Accordingly, to enable clients to buy property in Marina Bay, the ownership of the land will be transferred to a newly-registered Bulgarian company, which will allow owners to become shareholders in proportion to the size of the property purchased.
Purchases will be formalized through two separate contracts: one for the property, and one for the shares. The price of the shares is purely symbolic, and is included in the purchase price of the apartment. The contracts are written in Bulgarian, with respective translation into English, Spanish and Russian. Our experienced lawyers are prepared at all times to explain the details of purchases, at no extra cost to the client.
The area of your Marina Bay apartment is calculated in accordance with Bulgarian legislation and practice. Built up area includes the external walls and half of the party walls. Terraces and balcony, if any, are added to this area, plus proportion of the communal area of the building.
All these surfaces are certified by the architect and attached to the sales contract.
The price of each apartment is defined individually, and is set according to the total area, floor level, views and location within the complex. The price includes the total area described above, shares of the land-owning company and VAT.
Local tax, stamp duty and notary fees, amounting to approximately 4% of the sale price, are payable by the purchaser.
Reservations can be made by telephone, fax or e-mail, but can only be confirmed upon receipt of the reservation deposit. The property will then be removed from the market. Subsequent payments will follow the agreed payment scheme.
Price: Studio flats from 69 500 Euro (from 48 sq. m.)
One bedroom apartments from 94 500 Euro (from 61 sq. m.)
Two bedroom apartments from 107 500 Euro (from 75 sq. m.)
Duplex apartments from 127 000 Euro (from 77 sq. m.)
Ref. Num.: 1066
Va invitam sa ne vizitati la standul Nr.65, la cel mai reprezentativ targ imobiliar din Romania- Targul National Imobiliar in perioada 18-21 Septembrie, 2008 si la standul Nr.43 de la Targul International de apartamente "CONDOMINIUM" in perioada 25-28 Septembrie, 2008. Ambele targuri se vor desfasura la Casa Poporului, Bucuresti. Dream Bulgaria Ltd. va prezenta o oferta bogata de proiecte noi de apartamente si case de vacanta pe intreg litoralul Marii Negre din Bulgaria, iar expertii nostri va vor putea raspunde la toate intrebarile dumneavoastra. Pe perioada targurilor veti putea beneficia de oferte speciale si preturi promotionale la cele mai atractive oferte imobiliare din Bulgaria.
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