Investment offer in the center of Varna - three apartments, a shop and parking spaces

OUTDATED LISTING
OUTDATED LISTING
OUTDATED LISTING
OUTDATED LISTING
OUTDATED LISTING
OUTDATED LISTING

Property type
Business
(1-bedroom apartment, 2-bedroom apartment, Two-level penthouse, Shop, Commercial property, Investment property, Parking space)


Location
Tsentralna poshta district / Varna / Bulgaria

Number of floors
7

Floor
0-7

Lift
yes

Rooms
8

Number of bedrooms
4

Bathrooms
5


Total area
403.60 sq.m

More property features

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Info pack

Finishing
excellent

Furnishing
Fully furnished

Bathrooms
Shower box, Fully fitted bathroom

Bathrooms
Laminate flooring, Tiled flooring

Distance
12 km

Last update
30.11.2022

 
 

Distance from the property to major attractions
  • Airport Varna (VAR): 12 km
Views from the property
  • Town views
  • Views to inner garden
Construction
  • Brick-built
Heating
  • Air-conditioners
  • Electric convectors
Air-conditioning
  • Inverter air-conditioner
Information about the property
GASIFICATION, ELECTRICITY
  • Electricity
WATER SUPPLY
  • Communal water supply
FACADE
  • decorative facade elements
  • external wall insulation
  • Mosquito nets
  • natural stone
ELEVATORS
  • automatic doors
  • fast elevators
  • luxury elevators
FINISHING OF COMMUNAL AREAS
  • decorative rendering
  • granite tiles
  • latex painted walls
  • natural stone tiles
SEWERAGE SYSTEM
  • Communal sewage system
ROOFING
  • flat roof
  • roof insulation
SANITARY AND AUXILIARY ROOMS/AREAS
  • Balcony
  • Balcony
  • Bathroom
  • Bathroom with toilet
INSULATION AND FINISHING WORKS
  • Aluminum joinery
  • Armored front door
  • External insulation
  • Interior doors
  • Laminate flooring
  • Tiled flooring
FURNISHING AND APPLIANCES
  • Air-conditioner
  • Built-in kitchen
  • Cooker
  • Dishwasher
  • Electric boiler
  • Extractor hood
  • Fridge
  • Fully fitted bathroom
  • Furniture
  • Shower box
  • TV set
  • Washing machine
EXTRAS IN THE BUILDING
  • Lift
  • Luxury common parts
ACCESS TO THE PROPERTY AND TELECOMMUNICATIONS
  • Cable TV
  • On asphalt road
  • Wi-Fi
OTHER
  • In residential building

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Business offer with real estate for investment in the center of Varna.

We present you 3 modernly furnished apartments, parking lots and a commercial property for sale as a set. The properties are part of a new building in a boutique building, in an area with an excellent location - next to the Botev Garden, Central Post Office.

The building has a modern architectural vision, controlled access and video intercom system.

Total selling price - ˆ 518000. Total area of the apartments and the shop - 340.60 m2.

There is an opportunity to acquire the shares of the company with a discount of 5% = ˆ 600,000.

The investment proposal includes:
  • One bedroom apartment 80 m2, with elegant design - sale price ˆ 130,000, with a monthly rent of ˆ 320, with a contract until 15.8.2021.
  • First-class four-bedroom penthouse of 176.62 m2 - with a sale price of ˆ 248,000, with a one-year contract offered by a client and a monthly rent of ˆ 1,200.
  • Shop or business premises, office of 69 m2 - with a sale price of ˆ 80,000 and a minimum rent of ˆ 500 / month.
  • Three yard parking spaces of ˆ 20,000 = ˆ 60,000, with a monthly rent of one parking space of ˆ 100.

4.57% annual profit:
1. Rental income per month: 320 + 1200 + 500 + 200 = ˆ 2220.
2. For 12 months or one year = ˆ 2220 ? 12 = ˆ 26 640.
3. ˆ 26640 - 10% annual tax = ˆ 23976 net profit.
Which makes an annual dividend interest rate of ˆ 600,000 - 4.57%.

The building has a permit for use since 2019 and is characterized by high quality materials and modern technological solutions.

To arrange an inspection of the properties, please call the responsible broker for this offer!

Viewings
We are ready to organize a viewing of this property at a time convenient for you. Please contact the responsible estate agent and inform them when you would like to have viewings arranged. We can also help you with flight tickets and hotel booking, as well as with travel insurance.

Property reservation
You can reserve this property with a non-refundable deposit of 2,000 Euro, payable by credit card or by bank transfer to our company bank account. After receiving the deposit the property will be marked as reserved, no further viewings will be carried out with other potential buyers, and we will start the preparation of the necessary documents for completion of the deal. Please contact the responsible estate agent for more information about the purchase procedure and the payment methods.

After sale services
We are a reputable company with many years of experience in the real estate business. Thus, we will be with you not only during the purchase process, but also after the deal is completed, providing you with a wide range of additional services tailored to your requirements and needs, so that you can fully enjoy your property in Bulgaria. The after sale services we offer include property insurance, construction and repair works, furniture, accounting and legal assistance, renewal of contracts for electricity, water, telephone and many more.
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Location
(approximate)

This is the approximate location of the property. Please get in contact with us to learn its exact location.

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Financial terms to the buyer for making a deal