Guaranteed Rental Income of 4% for 2 years
Featuring an elegantly clean and classic exterior design, combined with a first-class interior finish of the highest quality, the luxurious Excelsior Apartment complex stands head and shoulders above it’s neighbours in a truly exceptional location, just 30m from the beach and right in the heart of Sunny Beach. From this unique position, a short stroll through the landscaped gardens and tree-lined avenues brings you to everything that makes Sunny Beach the biggest, the busiest and the most popular beach resort in Bulgaria.
The new development will incorporate a range of luxury hotel-level facilities including: a private swimming pool and pool bar set in landscaped gardens with mature trees; an integrated shopping centre with a wide selection of retail units; a pavement cafe-bar and the large and fashionable Dreams restaurant
Internally the apartments have been created to fit the demands of a modern holiday home and designed to cater for a range of lifestyles, providing a variety of layouts including: fully fitted open-plan kitchens, spacious living rooms, elegant bedrooms and luxurious family bathrooms. All ground floor apartments lead out on to attractive patio areas and to the wooded gardens and swimming pool, whilst the apartments on the higher floors are equipped with large balconies, providing stunning and far-reaching views over the sea and the centre of the resort. The level of finishing of Excelsior Apartments will be in accordance with the highest construction standards
Excelsior Apartments will be constructed in three sections. Sections A ,B and C provides: 141 apartments on six floors, the reception and guest services facilities, the Dreams restaurant and the integrated shopping centre. The development will be completed for May 2007. Internally the apartments have been created to fit the demands of a modern holiday home and designed to cater for a range of lifestyles, providing a variety of layouts including: fully fitted open-plan kitchens, spacious living rooms, elegant bedrooms and luxurious family bathrooms. All ground floor apartments lead out on to attractive patio areas and to the wooded gardens and swimming pool, whilst the apartments on the higher floors are equipped with large balconies, providing stunning and far-reaching views over the sea and the centre of the resort. In this wonderful location the internal space is just as important as the outside and the communal areas are finished to the same high standards as the apartments themselves. The level of finishing of Excelsior Apartments will be in accordance with the highest construction standards and will incorporate:
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air-conditioning and substantial outer wall thermo-insulation
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all windows will be double glazed, with aluminium frames
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telephone, Internet and TV cable services will be laid and connected
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each apartment will have quality wooden doors and a solid front door with security locks.
All Excelsior Apartments will be sold fully completed with a kitchen included and ready to furnish!
Details:
Entrance Hall:
- tiled floors
- insulated, plastered and latex painted walls
- ground-coated and latex-painted ceilings
Living rooms:
- laminated floors
- insulated, plastered and latex painted walls
- ground-coated and latex-painted ceilings
- Air condition
Kitchens:
- laminated floors
- insulated, plastered and latex painted walls
- ground-coated and latex-painted ceilings
- kitchen cupboards
- sink and taps
Bedrooms:
- laminated floors;
- insulated, plastered and latex painted walls
Bathrooms and WC:
- fitted with taps, fittings, bath or shower unit, toilet bowl and sink
- tiled floorings
- faience tiled walls
Common parts and staircases:
- terracotta floors
Maintenance of Communal Areas
The annual maintenance charge (VAT incl.) is: 7 euro per sq.m. This will cover the following:
• Maintenance of the gardens.
• Maintenance, cleaning and electricity bills for the common parts.
• Maintenance and cleaning of the swimming pool
• Security services
• Standard repairs occurring from the normal use of the building.
Payment plan
The buyer will receive a Preliminary Contract together with details of your selected payment plan as described below.
- 30% of the apartment price when signing preliminary contract,
- 30% on or before 01 September 2006,
- 30% on or before 01 March 2007,
- 10% on or before receiving the documents for property of the apartment on or before 30 May 2007
Discount options for Apartments in Section A,B,C:
For 100% payment on return of Preliminary Contract - 5% discount
The rental income beyond 2008 in Excelsior Apartments depends on the prices of tour operators. Buyers who wish to rent out their apartments to tourists can use the services of Rubicon Albatros GmbH in partnership with major international and local tour operators selling beach holidays in Bulgaria. The local offices of the company will market Excelsior Apartment Complex locally in Sunny Beach and the southern coastline area to individual tourists. Owners will be offered fixed rates for short-term rentals. All expenses for short-term lettings (electricity, water, cable TV) will be charged to the owner’s account. Long-term rents are subject to additional negotiation between the tenant and the apartment owner, which will be handled by us on your behalf. Usually for long term letting’s all expenses are covered by the tenants.
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