Property in Bulgaria

This property in Bulgaria has been identified by Property Uncovered as being an exceptional investment opportunity due to its up-and-coming area and its stunning prices.


Area: Black Sea Coast
City: Sozopol
Prices from: € 67,498
Completion: October 2008
Local mortgage: available
LTV: 70%
Total units: 83
Available units: 81
Under market value: 9%
Expected capital growth: 15%
Letting agent: dedicated local agent
Guaranteed rental yield: 5% pa (2 years)
Currency: lev
Payment schedule: 30% / 60% / 10%
Advised exit strategy: mid-term
Main feature: Beach front position

South Pearl Residence is an ultra modern development consisting of luxury apartments with exceptional up-to-date architecture and captivating design. The complex enjoys excellent location both in terms of communications and beach front position. South Pearl Residence , apart from its luxury homes with marvelous sea views, offers its potential investors a wide range of extraordinary facilities and amenities, thus turning a purchase in the complex into the investment of a lifetime. With a total area of 4691.34 sq. m exclusive of the terraces the building offers a rich variety of apartment sizes and floor plans to satisfy the wishes and tastes of the most sophisticated clients.

- The restaurant is 127.31 sq.m.
- SPA centre and Fitness room with 160.17 sq. m.
- Lobby bar of 22.44 sq. m.
- 27 apartments of which 20 with one bedroom and 7 with two bedrooms.
- 56 studios.
- Common parts: 620.90 sq. m.

The complex also offers a great variety of facilities and entertainment opportunities:
- Panoramic restaurant with summer garden
- Lobby bar
- Reception desk - 24 hours
- Swimming pool with water cascade and pool bar
- Children's pool for the youngest guests of the complex
- Spa centre
- Fitness centre with up-to-date fitness equipment from renowned manufacturers and the best instructors will help you keep fit during your holiday
- Table-tennis also available
- Game area - billiards, arcade games, Internet cafe
- Shops
- Children's playground with attractions and child minders
- Lifts
- Parking with 24-hour security
- Outside security - cameras and security guards
- Around the clock medical care
- The building is provided with appropriate chambermaid rooms

Main building:
- External walls - brickwork and weather insulation
- Internal walls - insulation blocks
- Reinforced-concrete slabs on floors
- Insulation of roof and walls
- Decorative metal-and-glass shelter over main entrance
- Parapets from metal and transparent glass sheets
- PVC double-glaze windows and doors

Completely finished parts include:
- Residential complex
- Pool Bar
- Landscaped yard
- Parking places

You can also find more information on property for sale in Bulgaria by following the link.