Sophia Gardens - off plan coastal apartments Off Plan FOR SALE, Ref.No: 0005 from 53,400 to 179,130 EUR Approx. 36,315 GBP, 75,549 USD Bulgaria

Position: Sophia Gardens is situated right above the magnificent Kavatcite Beach in the Budjaka district of Sozopol.

Sozopol town is located 30 km south of Burgas on the southern Bulgarian Black Sea Coast. Today the town is mostly a beach resort known for the Apollonia art and film festival named after one of Sozopol's ancient names.

Summary

* Directly above the beautiful Kavacite Beach
* A boutique development of 18 apartments and maisonettes
* A development by Britannia Investments (UK developer)
* 2 attractive payment plans, with 5% discount available
* Property management and letting
* Kitchen included in price
* Prices start at EUR 53,400 (GBP 36,081)

Facilities:
# Swimming-pool
# Parking
# 365-day security

Construction and Finishing:

Building materials used in the construction are the highest quality, suiting the local climate and complementing the beautiful site.
# Traditional wood and stone exterior
# Extensive terraces with wooden pergolas
# Living room: Tiled floors
# Kitchens (open-plan): Granite compound tiled floors, with tiled walls
# Bedrooms: Laminate wood floors (Kronospan)
# Bathrooms: Terracotta floors and tiled walls
# Bathroom fittings: Vidima Ideal manufacturer, plus extractor fan
# Terraces: Granite compound tiled floors, drainage, wooden parapet
# Front doors: Wood internal doors: MDF
# Windows: three-chamber PVC, with processed stone sills
# Concrete and brick framework
# Hydro- and thermal-insulation (60 mm Styrofoam)
# Roof insulation: 100 mm wadding (Izover)
# Cable TV connection
# Broadband internet connection
# Smoke alarms in all apartments, fire doors and other fire precautions

Furnishing:

The apartments at Sophia Gardens are sold with kitchen cabinets and appliances. Furniture packs are available from the developer at very reasonable prices.

Payment Schedule

2 payment plans (with small deposit, or large deposit with 5% discount)

Schedule A Small deposit

* Advance 30% (due within one month of reservation)
* Roof and property transfer 0% (December 2008)
* Completion 70% (May 2009)

Schedule B - Larger deposit, 5% discount on the price

* Advance 50% (due within one month of reservation)
* Roof and property transfer 0% (December 2008)
* Completion 50% (May 2009)

Property management and letting

These properties have exceptional rental potential. We anticipate gross rental returns of about 6% p.a.

Britannia has a strong presence in Bulgaria, especially in the Black Sea Coast and in Bansko ski resort, where they have several developments with a total built-up area of 35,000 square meters completed, underway, or in preparation for release. These include The Balkans, Balkan Heights, Balkan Place, Valentina Heights and Boadicia Heights (all in Bansko), and Victoria Villas (Kosharitsa, Sunny Beach)

In addition Britannia has acquired a land bank of 130,000 square meters that includes land in Bansko, Pamporovo ski resort, Golden Sands, and in Durankulak (by the Romanian border). A conservative valuation of this land bank is 12 million euros. Britannia also owns a portfolio of apartments in Bansko and Sozopol.

The company adheres to a philosophy that goes beyond making maximum profit in the short term. We care for Bulgaria , and to build with a quality and with natural materials that will be pleasing to the eye for generations to come. They favour low building density over the construction, stone and wood over Ytong and concrete. They prefer to sell at prices that are not the lowest in the market, but that are justified by the quality of our product to sure up your investment.
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Buying at Sophia Gardens

We plan to ensure that buyers do not suffer the stress and frustration that can occur when buying from Bulgarian developers. So:

* The Preliminary Contract is simpler and clearer and fairer that that presented by any other developer in the Bulgarian property market
* Copies of all documentation and all permissions for the project will be presented immediately to buyers' lawyers, on demand.
* A summary legal report, summarising the documentation for the project, is available to all buyers.
* Payments will be made to the Bulgarian bank account of the developer - there is no dealing with off-shore bank accounts.
* Prices include VAT, and the developer (Britannia Investments) pays this VAT.
* Full prices will be stated on the Notarial Acts.

Reserving Apartments at Sophia Gardens

Clients may reserve specific apartments, meaning the developers will take it off the market for up to four weeks. The cost of the Reservation is GBP 1000 (approx. Euro 1,460), which is deducted from the purchase price. The reservation fee is non-refundable if you decide against buying.

* Select an apartment from the Plans below
On receipt of your email, we will reserve that apartment on your behalf and take it off the market. We will send an e-mail confirmation of your reservation. We will also contact you about the way forward.
* Payment of GBP 1,000 (EUR 1,480) reservation payment immediately required by cheque/ online payment to UK bank account of developer.

Agent/Landlord

Balkan Ski Chalets

Telephone
+35974986457

Address
28 Pirin str., Bansko, Bulgaria

E-mail
Send an enquire about this property direct to the Agent

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