Gallery Suites in St. Vlas luxurious studios and apartments for sale

Featured Listings:

Country estate (16k) in a picturesque & unexplored area in the county of Montana

Three torey brick built house for sale near Pamporovo

Gallery Suites in St. Vlas luxurious studios and apartments for sale

Dubai Real Estate Images

Gallery Suites in St. Vlas luxurious studios and apartments for sale

Listed by www.tetrabulgaria. com

Images

Gallery Suites in St. Vlas luxurious studios and apartments for sale

Address: St. Vlas
City: Sveti Vlas
Price: €25'000

Status: Active

Full Description: It is with great pleasure we introduce Gallery Suites. This luxurious small building comprises of studios and one bedroom apartments all suited for the high end Bulgarian property market.

Gallery Suites is situated in the quiet region connecting the world famous Sunny Beach resort and Sveti Vlas resort. Being just 150 meters from the sea shore this location is best for relaxation and romantic walks along the beautiful Bulgarian beach. The newly built marina holding numerous shops, restaurants and great night clubs is just 10 minutes walk from the building.

The region is developing at a fast rate being encircled by prestige and luxury. Just seconds away from Gallery Suites the municipality will construct the newest park and shopping center with sea view alleys and unique boutiques.

For many years renowned artists gathered in the area and painted the Bulgarian sea line panorama. Their work will be displayed in the Gallery Suites building, covering the walls of the corridors and lobby. Combining a large art display this offers the opportunity for every visitor of Gallery Suites to take home a small piece of Bulgaria. For those who appreciate art this is a unique opportunity to collect paintings and enjoy breathtaking sceneries.

To benefit most from the full experience, the roof will hold two Jacuzzis and a cocktail lounge with its own art garden displaying spectacular sea views and exhibits of illuminated printed art, seen even during the night. All owners of properties in the building will have a free access to the roof terrace. The terrace complements the artistic design of the building and offers stunning views towards Sunny Beach and the ancient town of Nessebar. Please click here to see some of the panorama in the region.

To reach Sunny Beach for a loud night of bars, restaurants and discos it is very easy and cost effective to use the excellent public transportation. The bus ride will take no more than 10 minutes to the very center of Sunny Beach.

Completion Date: October 2009

Here are some of the amenities in the complex:

Reception area

Hydraulic elevator

Pool and children pool

Pool bar

Bar/restaurant

Green spaces

All apartments have balconies and pool view

Roof Jacuzzi with its own relaxation roof-garden

Roof terrace Cocktail Lounge

Paint work gallery on all corridors

Wireless internet

Payment Plan

Reservation deposit:	EUR 1,000
First Installment:	35% at signing of preliminary contract 14 days after reservation (the reservation deposit is reimbursed against the first installment only)
Second Installment:	15% when shell construction reaches at the specific apartment level
Third Installment:	20% at roof level
Final Installment:	30% before the transfer of the notary deed

Additional Information:

The maintenance charge for studios is EUR 350 per year

The maintenance charge for 1 bedroom apartments is EUR 400 per year

All owners have free access to the roof terrace where they can enjoy the Jacuzzi and the Cocktail Lounge

The building has construction guarantee for 10 years

Rental

Gallery Suites was designed with the intention to bring both tranquility and to create a substantial income for all the owners of apartment in the building. Given that most people buying an apartment in the resort areas spend only 2 weeks vacation in their own apartment we thought it would be a great idea to bring in some tourists and create some rental income for our clients while the apartments are vacant.

Gallery Suites will attract a rental income of 7-10% from the value of the apartment. Also the value increase for the region is around 15-17%. To make this estimates more clear we prepared a simple example.

For the purpose of this demonstration we will use rounded numbers and a term of 5 years.

Assume the property price for a 1 bedroom apartment is EUR 47,000 and here it is how the increase happens in the next 5 years.

Years	16% Value Increase	8% Rental Income	Total
After year 1	€ 54 520	€ 4 362	€ 58 882
After year 2	€ 63 242	€ 5 059	€ 68 301
After year 3	€ 73 362	€ 5 869	€ 79 231
After year 4	€ 85 100	€ 6 808	€ 91 908
After year 5	€ 98 716	€ 7 897	€ 106 613

As you can see in this example the gross return for a property that is worth EUR 47,000 now will be EUR 106,613 in 5 years time. The gross return on investment is (106,613 – 47,000) = EUR 59,613. That is a 127% increase!

Tools
Contact Agent
Mortgage Calculator
Printer Friendly Version of This Page
Email This Listing to a Friend

Neighborhood Links
View a map of the area

Neighborhood Profile

Listed by: www.tetrabulgaria. com
Phone: ++35929746812
Mobile: ++359888735693
Homepage: http://tetrabulgaria.com/

This listing has been viewed 10045 times.

Other properties from (near) Sveti Vlas:

Apartment for Sale in Sveti Vlas Details of apartment Excellent studio apartment situated on the 3rd floor in Crown Fort Club and has balcony mountain and sea views. The apartment is fully furnished to a high standard, with complete kitchen and all appliances. The apartment has wooden flooring throughout and a good sized tiled shower room. Perfectly located, next to the sandy beaches of the biggest Bulgarian sea resort of Sunny Beach and at the same ...
one bed apartment for sale This beautiful one-bedroom apartment is situated on the 3rd floor in Crown Fort club and has balcony views to the pool and offering stunning sea views. The apartment is fully furnished to a high standard, with complete kitchen and all appliances. The apartment has wooden flooring throughout and a good sized tiled shower room. The apartment is perfectly located, next to the sandy beaches of the biggest Bulgarian sea resort...
Apartment for Sale in Sveti Vlas Details of apartment Excellent studio apartment situated on the 3rd floor in Crown Fort Club and has balcony views to the pool and offering stunning sea views. The apartment is fully furnished to a high standard, with complete kitchen and all appliances. The apartment has wooden flooring throughout and a good sized tiled shower room. Perfectly located, next to the sandy beaches of the biggest Bulgarian sea resort of S...
Fully-furnished studio on the waterfrontfor sale in SVETI VLAS This studio apartment is situated in a building on the waterfront of a popular seaside destination, a small town just 3 km to the north of the biggest seaside resort on the south Black Sea coast of Bulgaria – Sunny Beach, 40 km away from the regional centre – the city of Bourgas, and 35 km away from the international airport of Bourgas. The studio consists of a corridor, a bathroom and one big room. It is fully furnish...

More about Sveti Vlas:

Yet another armed robbery in Sofia ... robbers escaped in a vehicle of undisclosed description. Another robbery took place in the Black Sea resort town of Sveti Vlas. Thieves broke into the city hall building and the premises of the local bank branch, escaping with a metal box and close ... Wed, 13 Jan 2010 11:12:29 GMT

Dire December ... the woman reported it. December 14 saw another robbery, this time on the Black Sea coast, where thieves broke into Sveti Vlas resort town hall building and the premises of the local bank branch, escaping with a metal box and nearly 50 000 leva. In ... Fri, 18 Dec 2009 09:40:02 GMT

Three men arrested after robbing a store in Sofia ... robbers escaped in a vehicle of undisclosed description. Another robbery took place in the Black Sea resort town of Sveti Vlas. Thieves broke into the city hall building and the premises of the local bank branch, escaping with a metal box and close ... Tue, 15 Dec 2009 08:45:48 GMT

Robbers Raid Bank, Mayor's Office in Bulgaria Black Sea Resort Unknown criminals have robbed a bank branch and the Mayor's office in the Bulgarian Black Sea resort village Sveti Vlas early Monday morning. Mon, 14 Dec 2009 16:32:10 GMT

ZZ Top first concert in Bulgaria ... in Bulgaria, was pardoned by UK justice secretary Jack Straw and left prison Arson suspected in fire at Bulgaria's Sveti Vlas resort Fire, said to have started on dry grass on private land, spread close to a local hotel, destroyed 30ha of forest and ... Thu, 22 Oct 2009 10:02:40 GMT

ZZ Top welcomed in Sofia by fans ... in Bulgaria, was pardoned by UK justice secretary Jack Straw and left prison Arson suspected in fire at Bulgaria's Sveti Vlas resort Fire, said to have started on dry grass on private land, spread close to a local hotel, destroyed 30ha of forest and ... Wed, 21 Oct 2009 15:32:02 GMT