Property type: 29 apartments : studio, 1-bedroom and 2-bedroom apartments

Outstanding location: The apartment building Aquamarine is located in the picturesque town of Byala in the southern part of the Bulgarian coast, close to the seaside town Obzor and relatively close to Varna, Bulgaria's largest city on the coastline  -200 metres from the town centre, near shops and restaurants, 700 m. away from the coastline.                                                                                                  

The complex enjoys a wonderful view of the sea and the town centre .

Distances: Byala is situated in Eastern Bulgaria near the border of Varna region with Bourgas region. The closest town, situated at a distance of about 5 km, is Obzor. Varna is situated at a distance of approximately 50 km north from Byala, and Bourgas – at a distance of approximately 70 km south from Byala. Irakli camp, one of the most untrodden spots at the Black Sea Coast, is located about 20 km to the south.

Town of Byala:
Byala is a town of favorable geographic and natural location, with health and children-care establishments, stores, restaurants and cafes, bank offices and a post-office. Regular bus and communication services are provided there. The E-87 international route passes through the town connecting Varna and Bourgas.

The Port of Byala is the only seaport between Varna and Nessebar, which can provide standard port services, and where sport boats and private vessels can call. The Bay of Byala thanks to its location and the wind rose favors the development of sporting activities such as yachting and windsurfing. During the last several years the Bay of Byala houses championships in yachting and windsurfing in summer.

The Belite Skali Locality is situated nearby. It is famous for its archaeology sights – artifacts of dinosaurs, which lived here thousands of years ago and historical rem ains haunted with the spirit of sea battles of ages passed.

Aquamarine Facilities:

• Reception & lobby area;

• Controlled access and 24 hour security;

• Permanent maintenance and property management;

• Swimming pool;

• Summer garden;  

• Underground car park with 17 parking lots and parking lots for guests.

Standard of finish for the apartments:
The apartments are offered with furnished kitchenette, equipped bathroom and toilet, laminated parquet floors in the rooms as well as one air-conditioner. MDF doors. PVC double-glazed windows.

Payment plan :

• 40%  payable when signing the preliminary contract.;

• 30%  payable upon the completion of the 2-nd floor (app.in January 2008);

• 20% due upon completion of the rough construction, roof and all walls built (app. in April 2008);

• 10% is the final installment, payable upon completion of the complex (app.in May 2009);

Title to the property shall be transferred to the buyer upon full competition of the project when Act Form 16 is issued.

Maintenance: maintenance fee 8 Euro per square metre (total area) per year, which covers:

Maintenance and cleaning of the common parts of the building, open pool. Current repair works resulting from to the normal use of the building.Landscaping and maintaining the green areas and the places intended for common use.24- hour security of the building. Periodically contacting the Princilal in case of and with regard to the occurrence of any events in/ related to his apartment;
payment of the costs of electricity and water for the common parts. Organizing the payment of a part or of all expenses related to the apartment and due to third parties – suppliers, such as: bills for electricity and water, cable TV, Internet, cleaning and basic maintenance of the apartment, cleaning and maintenance of the common parts of the building, inclusive repairs and renovation if such have been requested by the Princilal;

Organizing the payment of the annual property tax and garbage disposal fee on behalf of the Princilal;

Prices, Sizes, Availability :
First floor
Apartment 1-1, Total area: 67.91 sq.m. Living area: 57.75sq.m.; Living room with an open-plan dining area and kitchenette, one bedroom, bathroom with toilet, balcony. Price: 44 400 Euro

Apartment 1-2, Total area: 54.49sq.m. Living area: 46.90sq.m; Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor.  Price: 34 700 Euro

Apartment 1-3, Total area: 54.49sq.m. Living area: 46.90sq.m; Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet,corridor. Price: 34 700 Euro Reserved

Apartment 1-4, Total area: 51.35sq.m. Living area: 44.23sq.m; Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor. Price: 34 700 Euro

Apartment 1-5, Total area: 54.49sq.m. Living area: 46.90sq.m; Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor. Price: 34 700 Euro

Apartment 1-6, Total area: 49.77sq.m. Living area: 43.57sq.m.; living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor. Price: 37 500 Euro

Second floor
Apartment 2-1, Total area: 94.69sq.m. Living area: 78.95sq.m.; living room with an open-plan dining area and kitchenette, two bedrooms, bathroom with toilet, balcony, corridor. SOLD

Apartment 2-2, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Price: 34 900 Euro

Apartment 2-3, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Price: 34 900 Euro Reserved

Apartment 2-4, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Exposure: south-east.  Price: 34 900 Euro

Apartment 2-5 Total area: 67.29sq.m. Living area: 55.97sq.m.; living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony.  SOLD

Apartment 2-6 Total area: 49.23sq.m. Living area: 41.21sq.m.; Living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Price: 34 700 Euro

Third floor
Apartment 3-1 Total area: 94.69sq.m. Living area: 78.95sq.m.; living room with an open-plan dining area and kitchenette, two bedrooms, bathroom with toilet, balcony, corridor. Price: 67 900 Euro

Apartment 3-2, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Price: 37 900 Euro   

Apartment 3-3, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Price: 37 900 Euro

Apartment 3-4, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony . Reserved

Apartment 3-5, Total area: 67.29sq.m. Living area: 55.97sq.m.; Living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Reserved

Apartment 3-6, Total area: 49.23sq.m. Living area: 41.21sq.m.; Living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Price: 37 400 Euro

Fourth floor
Apartment 4-1, Total area: 94.69sq.m. Living area: 78.95sq.m.; Living room with an open-plan dining area and kitchenette, two bedrooms, bathroom with toilet, balcony, corridor. Price: 71 700 Euro

Apartment 4-2, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony.  Price: 39 900 Euro

Apartment 4-3, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony.  Price: 39 900 Euro

Apartment 4-4, Total area: 52.42sq.m. Living area: 43.60sq.m.;Living room with an open-plan dining area and kitchenette, bedroom-niche, bathroom with toilet, corridor, balcony. Reserved

Apartment 4-5, Total area: 67.29sq.m. Living area: 55.97sq.m.; Living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Reserved

Apartment 4-6, Total area: 48.82sq.m. Living area: 41.21sq.m.; living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony.  Price: 39 900 Euro

Fifth floor
Apartment 5-1 , Total area: 82.65sq.m. Living area: 69.81sq.m.; Living room with an open-plan dining area and kitchenette, two bedrooms, bathroom with toilet, balcony, corridor.  SOLD

Apartment 5-2 , Total area: 60.99sq.m. Living area: 51.16sq.m.; l iving room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Price: 57 300 Euro

Apartment 5-3 , Total area: 60.99sq.m. Living area: 51.16sq.m.; l iving room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Price: 57 300 Euro

Apartment 5-4 , Total area: 85.85sq.m. Living area: 72.21sq.m.; l iving room with an open-plan dining area and kitchenette, two bedrooms, bathroom with toilet, two balconies, corridor.  SOLD

Sixth floor
Apartment 6-1 , Total area: 60.32sq.m. Living area: 53.40sq.m.; Living room with an open-plan dining area and kitchenette, bedroom, bathroom with toilet, corridor, balcony. Sold

Garages : available are 9 garages sized from 24 to 46sq.m , prices:   3500Euro ; 4700Euro

Bulgarian market – lots of possibilities and reasonable investment expectations

Properties in Bulgaria went through gigantic growth in their prices during the last several years. This fact can’t be hidden from foreign investors.
Some 10 years ago Bulgaria was a country where investing was a risky process. There were several factors that seized foreign companies to put thei... read more