SolyMar apartment Complex
SolyMar Apartment Complex offers a 2 year guaranteed rental option at 6% per annum!!!
The complex offers a selection of studios, 1 and 2 bedroom apartments with excellent in prices from only 37,000 euros. With its strategical location in the most famous of all the Black Sea coast resorts Sunny beach, the site benefits from both sea and mountainous climate patterns and scenery, making your stay there an unforgettable one. SolyMar itself offers a bar and restaurant, pool, gymnasium, sauna, massage room and free bus service to Sunny Beach. Some of the apartments have sea views, others mountain and the rest over look the pool which is centrally located between the two blocks.
You will be charmed by the fascinating sea view from one side and the gorgeous mountain slopes from the other. The beach line is only 180 meters away from the complex. These natural conditions are perfect for you and your family's healthy relaxation.The SolyMar complex presents a wonderful combination of marvellous apartments with standardized designs and exquisite architectural style as each apartment radiates with its own unique atmosphere.
This development is located in a nice, calm area where you can enjoy the peace and quiet you always dreamed of and at the same time having all the amenities available, which the best Bulgarian sea resort can offer. The project is situated in the northern part of the most popular, attractive and attended Black Sea resort Sunny Beach, in immediate proximity to the sea shore.
Investment Projection
Bulgarian properties, especially those located in resort areas have enjoyed excellent capital growth over the last few years. Tourism has seen an increase this year already and the newly expanded Sofia Airport has already reached it’s capacity nearly 2 years early. (information from Sofia Echo)
Potential Capital Appreciation per annum 14.00% Conservative estimate from various published sources
Potential Rental Income per annum 6.00% for the first 2 years. Additional prediction for following years of 10% returns based on 45,000 EUR apartment over 20 weeks at 230 EUR per week.
Building and Payment Schedule
Building works should commence late September 2007 and will be complete by December 2008 To reserve an apartment a deposit of 3,000 EUR is required.
30% payable within 14 days of signing preliminary contract (usually within 6 weeks of reservation)
20% payable at roof level estimated late January 2008.
25% payable on act 15.
25% payable on act 16.
The SolyMar development comprises of 44 individual apartments. 21 studios, 15 one bedroom and 8 two bedroom apartments and attractive landscaped gardens.
The list of materials used for the construction are:
Reinforced concrete, thermo-insulated load carrying elements including pillars, plates and outside walls, guaranteed quality of construction materials in compliance with the Bulgarian Governmental Standard, reinforced steel construction, hydro and thermo insulation on foundations and roofs, brick masonry walls and reinforced concrete plates, windows - four chambered aluminum joinery with three layered glass-package, the staircase and common parts of the buildings are constructed with high quality luxury materials.
Apartment layout:
- bedroom: carpet flooring, latex coating on the walls;
- living room: laminate inlaid flooring, latex coating on the walls;
- bathrooms: terracotta flooring, sink, toilet seat, shower cabin;
- corridors: carpet flooring, latex coating on the walls;
- telephone and cable TV lines installed;
- air conditioning.
Managment services include:
Common areas of the property maintenance:
corridors (cleaning, electric lighting, carrying out repairs), staircase: (cleaning, repair), elevators (repair), lobby (cleaning, carrying out repair, reception functions, errand-boys).24-hour security, doorkeeper, swimming pool - keeping in repair and right of use free of charge, Sidewalks: cleaning, parking - Apartment owners possess individual space in the parking lot.
