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Ref. Number:	SB01BG030
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Property description

     1400 euro annually - rental income! The complex offers studios only!

     Rose Residence is complex of holiday studios located in the western part of Sunny Beach resort, very close to the center, on a total area of 2 982 m2. Sunny beach is the biggest summer resort in the south-east part of Bulgaria. It is about 3 km away from the ancient town of Nessebar and about 30 km from Bourgas city and its International airport. Sunny Beach is the place where you can enjoy superb "Blue flag" beaches. The most famous Bulgarian sea resort offers entertainments to suit just about everybody, from families with small children to seekers of solitude. Rose Residence is situated on a perfect place in west Sunny Beach far from the noise of the complex and at the same time near enough all facilities. Being extremely popular in UK, Western Europe, Russia and Bulgaria Sunny Beach resort is attracting many holiday makers who would be happy to pay much money to rent a fully fitted apartment for a week or two.

      About the project

     The apartment complex is projected as flats for seasonal use (all year round use is also possible) The residential area is compact, designed in one room apartments - type"studio". The flats are economical having in mind their purpose: a large living room with a kitchenette and a place for dining, anteroom with a wardrobe. There is an individual bathroom with a bath-tub. If there is necessity, living room can be adapted as extra sleeping space in configuration -2 + 2 persons.

     The project is composed in V-figurative capacity, located in the south-western part of the area,with the purpose to obtain maximum free space spce, necessary for disposing the infrastructure of the complex. In the central part of the building are situated 12 apartments which are projected with one bedroom and a living room. Because of their seaside characteristics, the terraces are large and by means of the sliding doors when opened, they become a natural extension to the living rooms. The architectural chart is cleared and it is discharged of unnecessary detail. The fresh color decision gives the project a modern appearance and style. The building is without a basement, and consists of 6 floors, the last is in part bevel. Apartments will be accessible from a controlled entrance, staircase and elevator, located central in the territory of the building.

     The construction is solid - armored concrete with a scaffolding beamless construction system. The walls are filled with ceramic bricks, protected from outside with the necessary heat insulation - with regard to the standard . The inner walls will be worked with materials without wet processes. The facades will be shaped with mineral water-resist plasters, wood, metal etc. according to the architectural details. The doors and windows will be PVC with a thermal bridge, which will contribute to the general comfort in the building. There will also be available the necessary communication, information and security installations; cable TV, Internet, as well as a preparation for the assembly of the air-conditioning installation.

     The courtyard will be abundantly planted with trees and shrubs. The accessibility is controlled through the main entrance of the building. An outdoor swimming pool is designed together with children's section .There is also a pool-bar with a small shop, which are naturally connected with the pool and the building.

     Entering the building site happens through the main entrance from the street from the west street on east facing. There is a separate area for a small parking lot at the front of main entrance of the complex, as well as from the northern part of the complex.

     Completion date: May 2008

      Base level of the conclusion of the construction works

• Flooring: living-room, kitchenette, corridors: ceramics/ laminate on request,bathrooms: terra-cotta, terrace: ceramics
• Walls:living-room, kitchen, corridors -plaster pasteboard painted with latex bathrooms: faience, outside walls: heat insulation
• Bathrooms completely fitted out with sanitary faience, bath-thub/shower cabin on request
• Windows- PVC
• Water-supply and sewerage installations- water-supply: polypropylene, sewerage: PVC, individual water-meter for each flat
• Electrical installations- standard cabling set in corrugated tubes, switches, wall plugs and lamp terminals, lighting fixtures for the shared areas and the nearby area, individual electrometer for each flat, individual electric boiler for each flat
• Doors- MDF
• Kitchenette- sink and cupboards with the necessary electric terminals, water-supply and sewerage installations
• Other - Setting up an installation for cable TV, Internet, Split air-conditioning installation Intercom system, Telephone installation

      Property Maintenance

     The owners of the apartments in Rose Residence have the opportunity to use the following services against a yearly tax payment of 10 Eur/sq.m from the built-up area.

• a twenty four hours security service
• every-day cleaning of the shared and nearby areas
• maintenance and watering of the adjoining lawns
• free use of the swimming pool
• consumption of water and electricity for the shared space
• technical maintenance of the property - elevators, lighting etc

     Rental management

• on demand of the owner, to afford a studio for rent of foreign tourist provided by travel agency Alma Holidays Ltd against against Guarantee Rent at the rate of 1400 EUR per season for minimum 3 years
• On demand of the owner the contract is a subject to continuing winthоut any restriction, in case of variation of the situation a guarantee income is subject of updating
• in case of affording the studio for a rent on Tour-operator agreement for Guarantee rent the operating costs for laundry and cleaning of the studio are on expense of Alma Holidays Ltd

     Services provided for extra charge:

• cleaning and airing the flats
• laundry and ironing
• current repairs and technical maintenance of each owner's flat
• arrangement on the spot of the payment of taxes owed by the owners: for the building and the refuse as well as all current bills for the communal expenses - electricity, water, telephone etc
• providing a baby-sitter
• rent-a-car services
• general tourist services such as: plane, bus and train tickets, excursions in Bulgaria as well as in neighboring countries, professional guides, TRANSFERS to the airport - group and individual

     Payment plan

• deposit of 1000 euro to confirm reservation
• 20% of the price at the signing of the preliminary contract
• 30% of the price payable not later than 30.09.2007
• 30% of the price payable not later than 30.01.2008
• 20% of the price payable not later than 30.05.2008

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Useful information HOW TO RESERVE?      You can reserve this property through us by transferring 500 Euro (or 1000 depending on the property) to our bank account. We will immediately pay the sum to the seller and we will take the property off the market. This amount will be deducted from the purchase price of the property when a Preliminary Purchase Agreement is signed with the seller and deposit is paid. HOW TO BUY FROM A DISTANCE Bulgarian Property?      You can now buy property in Bulgaria without having to travel the distance to Bulgaria using our unique service "BUY FROM A DISTANCE!" To find out more, please click here. VIEWING TRIPS:      Bulgarian Property Ltd. can arrange a viewing trip to this Bulgarian property. Please contact us by e-mail or telephone for further arrangements.
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