Kavala Street Apartments

One year after Bulgaria became member of the European Union, the country is in process of development, which ensures a steady increase of property prices for a longer period of time. Buyers are no longer looking for "The investment", but for "the secured investment" and the best place for that is Varna City Centre.

Bulgaria's largest City of the Black Sea coast offers numerous opportunities to its citizens. Every day, the city is expanding and the demand for new homes is huge, the increasing rental potential is guaranteed and the charming atmosphere of the Sea capital turns it into a wonderful place to be.

Our City Investment project - Kavala Street Apartments is your future home. The modern style of the building is an attractive supplement to the Central part of the City and yet it remains cozy and welcoming to its inhabitants, with only 19 apartments inside. 17 parking spaces on two levels with lift for the cars, an office and a snack-bar are the amenities.

Construction started: April 2007
Completion: December 2008

Key points of the Project
One of the key points of the successful investment is the good location which is being part of an area with many amenities, accessibility and yet quiet and private. "Kavala Street" has the perfect location in the center of Varna with good access to:
* Central pedestrian street with most of the shops, restaurants and bars
* Many financial institutions, administrative centers, offices
* Post office, hospitals, schools, University
* The main road to Varna International Airport, Railway Station and Bus Station
* The main road to famous beach resorts: Golden Sands, Albena
* The building itself is located in a quiet region with private houses and small blocks with apartments

Why to buy in Kavala Street Apartments?
* 12 months Rental potential
* Stable capital growth
* Re-sale options
* Prestigious area
* Ideally located project
* Proximity to central city area
* Unique design
* Quality of finishing
* Furniture packages available
* 10 years building guarantee
* Underground parking spaces
* Mortgage options available

Kavala Street Apartments are fully finished with the following
• Kitchen, terrace and entrance floors – teracotta
• Living room and entrance floors - parquet
• PVC windows
• Painted walls and ceilings
• MDF molded doors
• Fully equipped bathroom, including shower cabin, sink, toilet, mirror, stand

Kavala Street Apartments: Reservation & Agency Commission
Any apartment in Kavala Street Apartments can be reserved by a non-refundable deposit of 1 000 Euros, payable by credit card (VISA, MasterCard) or bank transfer to the bank account of the developer. The buyer is expected to sign a preliminary contact with the development company and to pay the first installment within 14 days after reservation.

BulgarianProperties charge no agency commission for Kavala Street Apartments.

All the apartments in the building are sold with ideal parts of the land. Foreigners shall register a Bulgarian company to obtain ownership over the property.

Kavala Street Apartments: Payment plan
- 1 000 EUR reservation deposit
- 50 % of the price of the apartment (VAT included) on the signing of the purchase contract. The contract will be drawn up within a maximum of 14 days after the reservation fee is paid.
- 50% of the price of the apartment (VAT included) within minimum 15 days before the signing of the Notary Deed.

Kavala Street Apartments: Prices, Sizes, Availability
Kavala Street Apartments will be completely finished with VAT included in the price. The total price paid will be fully indicated on your title deeds. Every owner of property in Bulgaria pays an annual real estate tax and local communal tax the amount of which depends on the size of the property.

Second floor

Apartment C1, (Architectural Floor Plan), living room with open-plan kitchen, two bedrooms, bathroom+WC, entrance corridor and terrace, Total area 97,84 sq. m., Price 143 280 Euro

Fourth Floor

Apartment A3, (Architectural Floor Plan), living room with open-plan kitchen, two bedrooms, bathroom+WC, entrance corridor and terrace, Total area 83,25 sq. m., Price 158 175 Euro

Apartment B3, (Architectural Floor Plan), living room with open-plan kitchen, two bedrooms, bathroom+WC, entrance corridor and terrace, Total area 80,66 sq. m., Price 153 254 Euro

Fifth Floor

Apartment A4, (Architectural Floor Plan), living room with open-plan kitchen, two bedrooms, bathroom+WC, entrance corridor and terrace, Total area 83,11 sq. m., Price 157 909 Euro

Sixth and Seventh Floors

Maisonette P1,
on the sixth floor (Architectural Floor Plan) - master bedroom, guest bedroom, children’s bedrooms and playgrounds, along with private gym and a dressing room;
on the seventh floor (Architectural Floor Plan) - dining area, living room and lounge area – one large premise full of light, spacious kitchen, home cinema and an enormous terrace overlooking the sea, with Jacuzzi and lounge chairs, Total area 553,35 sq. m., Price On Request

Parking spaces

Allocated parking space No 1, Total area 19,22 sq. m., Price 16 900 Euro

Allocated parking space No 3, Total area 13,56 sq. m., Price 13 500 Euro

Allocated parking space No 6, Total area 19,44 sq. m., Price 17 100 Euro

Allocated parking space No 10, Total area 16,74 sq. m., Price 14 700 Euro

Allocated parking space No 11, Total area 13,56 sq. m., Price 15 000 Euro

Allocated parking space No 12, Total area 14,04 sq. m., Price 15 000 Euro

Allocated parking space No 13, Total area 13,08 sq. m., Price 15 000 Euro

Allocated parking space No 14, Total area 19,44 sq. m., Price 15 000 Euro

Allocated parking space No 16, Total area 12,10 sq. m., Price 10 700 Euro