We present to your attention first class holiday complex bay view

Tsarevo is located in the southern part of the Bulgarian Black Sea coast. This area is far from the noisy, bustling city life and the overcrowded popular summer resorts. Here you can find a quiet and picturesque place to enjoy your holiday. The town of Tsarevo has more than 6,000 inhabitants. It lies on two small peninsulas, bordering a beautiful bay. The peak of Papiya, which is 502m high and shows ruins of an old fortress, is to the South of the town and is an additional attraction for the tourists. The town is an administrative centre and has a lot of specialized shops and a hospital. Once you get into Tsarevo, it is worth spending a day away from the beach, deep in Strandja Mountain. The mountain was declared a National natural park in 1995 (it is in fact the largest one in Bulgaria) and is one of the least explored in Bulgaria, which explains the large variety of its wildlife, flora and fauna. This park is an ethnographic reserve. The mountain also has a lot of caves (particularly in its western part), traces of ancient civilizations, such as stone figures, sun discs carved in stone, Thracian dolmens, fortress walls and sanctuaries. In the beautiful village of Tsarevo you will find absolutely everything that could make your holiday worthwhile and unforgettable:

- Perfect and unique combination of splendid, unspoiled nature, sea, mountain, rivers and deciduous forests, many fine, wide beaches with golden sand, fresh air and pleasant sea breeze and vast variety of water sports.

- Favorable Mediterranean climate influenced by Strandja Mountain - you can enjoy warm summer and mild winter in this area.

- About 1,700 hours of sunshine from May to October.

Location

• The town of Tsarevo lies 72km south of the city of Burgas and its international airport.
• Like other nearby towns and villages, Tsarevo is situated on the very border between Strandja Mountain and the Black sea.
• It lies on two small peninsulas, bordering a beautiful bay.

Project

The estate has a total area of 12,227.90 sq m. This is a five-storey building divided into different sections.

The underground level has 100 parking places and 4 storehouses.

The ground level is divided into three sections with 4 apartments and 1 studio each.   At the ground level are also located a SPA centre, a café, an internet club, a multifunctional hall and a doctor's office.

The first floor is divided into five sections comprising 4 to 6 apartments each. The lobby bar, the restaurant and the reception are also located on the first floor.

The second floor is divided into five sections comprising from 3 to 6 apartments each according to the section. A second restaurant is also to be found on this floor.

The third and fourth floors are also divided into five sections comprising 1 to 6 apartments each and with large terraces.

The building is equipped with a staircase and a lift. The whole complex has oblong and oval designs. The overall appearance of the building is typical of the seaside architecture. The last two floors have, in addition, large terraces.The complex has its own swimming pool.

Construction and technologies

The building has a reinforced concrete structure, the facades are covered with colour silicate coats and wood edging and the balcony railings have metal frames and high quality fibreglass. There will be high quality damp, heat and sound insulation on the walls.

Standard of finish

The apartments are an ideal place to live and rest, they will be fully finished with tiled floors in the corridor areas, laminate flooring in the living rooms and carpets in the bedrooms; bathrooms are tiled with installed bathroom suites and a shower. All the apartments comprise an entrance hall, a toilet and a bathroom, a living room with a kitchenette and a dining area, and one or more bedrooms.

Technical and administrative management:

• Setting and maintaining of the internal rules and regulations of the building
• Providing indoor and outdoor security of the building /security and access control/
• Controlling the use and preservation of the property /keeping records and testing all electric appliances and equipment/
• Providing cleaning and sanitation services for the complex and common parts of the building /cleaning, disinfection, pest and vermin control/
• Management of apartment keys
• Checking apartment security - doors, locks and windows
• Collecting and /or forwarding the mail to an address of your choice
• Payment of monthly utility and telephone bills for the common areas
• Technical maintenance of the common installations and facilities /lift, fire alarm, heating and air-conditioning/
• Technical maintenance of common areas and premises
• Maintenance of the green area, parking lots and yards including pools and playgrounds.
• Cleaning common areas
• 24 hours security and concierge
• Air-conditioning, heating of apartments; switching on the water-heater
• City map

Additional services: extra cost

• Insurance package
• Marketing and rental contracts management
• Apartment repairs
• Furnishing
• Payment the monthly utility Telephone, cable TV and internet bills
• Annual accounting: preparing and filing Bulgarian tax returns
• Ventilating and maintaining apartments during the owner's absence
• Cleaning of apartments and laundry services: laundry and ironing

Every apartment goes with  a parking place included in the price !

advantages

• Prime location
• Panoramic views
• Common parts and green areas maintenance
• Maintenance and running of the installations
• 24 hour security
• Underground parking lot

The properties are for sale with no comission for the buyer !

The agency cahrges EUR 400 for attendance at the transaction.

Additional info

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria. Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation. On arrival you will be greeted by a friendly and highly trained representative. Afterwards we will arrange for you the viewing of  properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB -United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn’t exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate. There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Why invest in Bulgaria?