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Ref. Number:	SB01BG038
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Property description

     Guaranteed rental income of 1500 Euro for a studio and 2000 Euro for one bedroom apartment for as many years as you would like to!!!

     Orange Residence is complex of holiday studios located in the western part of the resort Sunny Beach . Sunny Beach is the biggest Bulgarian beach resort. It's very popular here and abroad. It is located in the Southern part of the Bulgarian Seaside, 6 km away from Nessebar in North and 45 km away from Bourgas city in South-east.The resort spreads between the area of Nessebar at the seaside and the southern slopes of Stara Planina Mountain.

     The apartment complex was 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. It is being envisioned on necessity living roomto be adapted as extra sleeping space in configuration-2 + 2 persons/.

     Aiming diversification of offered apartments in the complex, 10 one bedroom apartments are projected with most compact disposition of rooms. Each of them consists of bedroom, living room with a kitchenette and a place for dining, anteroom with a wardrobe and bathroom with a bath-tub.

     Facilities and Conveniences in Orange Residence

• outdoor swimming pool
• children's section
• pool bar
• courtyard
• elevator
• parking lot
• cable TV
• Internet

     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-tub/shower cabin on request - charge for extra
• 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
• Setting up an installation: - for cable TV, Internet Split air-conditioning installation 1 piece for each appartment Telephone installation

     Furnishing

     Kitchen electrical appliances at the client's choice

• Hot plates /ceramic - for extra charge/
• Refrigerator 80 l
• Absorber
• Microwave oven - for extra charge

     Full bedroom furnishing under application 1 from preliminary contract

     Full living-room furnishing - under application 1 from preliminary contract TV - 14" (21" and biggest for extra payments ) Dinnig set, bedroom body linen and other accessories - for extra charge. /It is recommended in the apartments for rent/.

     Date of completion: 30.06.2008

     Services

     After signing the maintenance contract, the owners of apartments in Orange residence have the opportunity to use the services mentioned beneath:

• 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
• Full access for using all services, provided, to the territory of the adjacent hotel complex - "JASMINE" and "KOKICHE"
• on demand of the owner, to afford a studio for rent to foreign tourist provided by travel agency "Alma Holidays" Ltd. against Guarantee Rent at the rate of 1400 Euro per season for minimum 3 years!
• on demand of the owner the contract is a subject of continuing winthout any restriction, in case of variation in the situation the guaranteed income is subject of updating
• in case of affording the studio for a rent with Tour-operator agreement for Guaranteed rent the operating costs for laundry and cleaning of the studio are on expense of "Alma Holidays" Ltd

     The maintained tax is 10 EUR/sq.m. for the full built-up area yearly.

     Services provided for extra charge:

• cleaning and airing the flats
• laundry and ironing
• current repairs and technical maintenance of each owner's flat
• arrangement 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

• 1000 Euro - reservation fee
• 30% - on signing the preliminary contract
• 40% - up to 31.01.2008
• 30% - on signing the Title deed

     Distribution
          Availability and prices here

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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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