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Varna South Bay Beach Residence - 1, 2 Bed Apartments for Sale in Varna Town

Home » Property For Sale » Bulgaria » Varna » Black Sea Coast - Central » Varna Town » 1, 2 Bed Apartments

Property ID: 473990

Apartment

Available units

1 Bed

60m2 - 150m2 : from £76,000 to £175,000

2 Bed

80m2 - 300m2 : from £140,000 to £347,000

Delivery date: 4th Q 2010

Key Features

  • - 5 * Luxury apartment complex
  • - Private beach for residents
  • - Lavish 1000 m2 spa centre
  • - 20 % Below market value
  • - Very high capital growth
  • - Various exit strategies
  • - Tax efficient investment

Varna South Bay Beach Residence represents fantastic investment potential at the luxury end of the Bulgarian residential market. Set in a truly unique location, VSB has all the facilities needed to complete the Black Sea Coasts most prestigious complex.

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Full Description

- 20 Minutes from Varna International Airport

- 5 Kilometres from Varna City

- Walking distance to various golf courses

- Private ferry shuttle service

 

Varna South Bay Beach Residence will have all the amenities to be expected from a 5 star project, including shopping areas, restaurants, 24 hour security with biometric entrance, and underground parking.  Probably the most exciting property frontier in the world today, the Black Sea coast is without doubt an investors paradise.

Varna South Bay Beach Residence represents one of , if not the, strongest investment opportunities in Bulgaria currently.  Due to the lack of accommodation at the top end of the residential market in Varna, and the increasingly strong demand, VSB's unique location, fantastic pricing and build quality, qualify it for end users and mid to long term investors alike.

Investors can expect to see a yield in excess of 25% annually, with a rental market expected to be worth 7 - 10% per annum. 

Investors benefit from an entry level of 40% initial installment, 20% at act 14 (roof completion est. 3rd Q 2009), and the remaining to be paid upon completion.  Various mortgaging options are available. 

Varna is experiencing massive organic growth and development, with a new marina and yacht club, 3 new PGA golf courses, and a 5 * hotel planned.  With huge capital growth and strong rental market, coupled with VSB's award winning architecture and highly desirable location, can you afford not to take advantage of this prime investment opportunity?

 

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All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.