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  • BGN123,573
  • (EUR 63,133)
Holiday apartment complex

`Palm Court` Apartments is a new development, located at the Western part

of Sunny Beach and backing onto beautiful pine forests and yet, only 150 m from the beach. A unique combination of fresh

mountain air and seaside climate. All apartments are self-contained with separate kitchens and bathrooms.

This modern

apartment complex comprises of 2 six storey buildings (A and B) arranged in a ` L ` shape; 1 five and 1 four storey

buildings, also arranged in a ` L ` shape (D and C), each with a separate staircase and three of them (A,B and D) with an

elevator (lift) to all floors.

Designed to the latest trends these contemporary resort buildings are completed with

the highest quality materials to provide comfortable stay of their owners or guests. Currently built by one of the most

successful building/development companies on the Black Sea coast, known for their professionalism and a number of completed

constructions (resort infrastructure, hotels and apartments) in some of the leading Bulgarian resort.

The apartment

buildings are of a steel/concrete construction with brick walls, thermally insulated and sound proofed. Mineral render is

applied to the building exterior.

The complex includes:
- Swimming pool with Jacuzzi and children`s pool areas
-

Landscaped communal areas
- Restaurant
- Pool bar
- Supermarket and other Shops
- Pharmacy
- Parking lot
-

24/7 year round security guards

The Developer will provide on-site management to ensure the maintenance of high

standards and there will be a rental management package to allow customers to benefit from rental income. The rental service

will also offer Bulgarian properties for sale and this will assist with secondary market, i.e. re-sales, as happy visitors to

`Palm Court`may wish to purchase.

High capital appreciation and rental opportunities will be excellent location,

distinctive architecture and superb infrastructure, `Palm Court`offers an excellent holiday destination for the operators and

high occupancy should be possible from 2006.

`Palm Court`apartment owners will be required to pay an annual service

charge of Euro 6.00 per square meter per annum towards maintenance and lighting of common parts and the complex, year round

security, use of and maintenance of the swimming pool etc.

Tax Evaluations:
The Bulgarian property system uses

Notaries and a Notarial deed in order to transfer real estates ownership. Upon completion of the property and prior to

signing the Notarial Deed, the local municipal council conducts a tax evaluation of each property. Tax evaluation rates vary

by municipality across Bulgaria but in general range from 30-40% of the full market value. This valuation represents the

minimum value that must be reflected on the Notarial Deed. In most cases it is this value that appears on the Notarial Deed

in property transactions in Bulgaria. When an individual comes to sell a property in Bulgaria, the same system works, with a

tax evaluation prior to the Notarial Deed.

Other charges and fees:
The buyer will be responsible for all costs,

fees and taxes related to the legal transfer of ownership by a Notarial Deed (legal and notary fees, local taxes, stamp duty

etc.)

The costs associated with any travel or related arrangements, professional advice undertaken by a third party

(with your permission), legal costs, and all other third party costs and fees related to any actual property purchase or for

the actual procurement of goods or services of any kind will be to your own account.

` Palm Court ` Stage of

completion
- Living rooms and kitchen areas- terracotta tiled floors, walls and ceilings-emulsion paint.
- Bedrooms:

laminated floors, walls and ceilings emulsion paint.
- Service rooms ( bathrooms/toilets )- terracotta tiled floors,

ceramic tiled walls ( to the ceiling ) and equipped with a shower cabin, shower, bowl, sink, mixing tap, 80- litre electric

boiler, hairdryer, ventilator and bathrooms/toilets accessories.
- Hallways – terracotta tiled floors, walls and ceilings-

emulsion paint.
- Balconies – artificial stone tiled floors.
- Air- conditioning- dual (winter/summer), one unit in

every room.
- Interior plumbing – with PVC pipes, with a water meter.
- Interior electrical installations – completed,

with a consumer unit and electricity meter, power outlets, light switches, fittings, telephone and cable TV outlets (in

living room) and a door entry phone system.
- Glazing and doors – PVC double-glazing, MDF interior doors (with decorative

finish).
- Interior walls – plaster – boarded brick, painted as per the design project.
- Exterior walls – brick,

thermal insulated and mineral render is applied to the building exterior.
- Roof- thermally and hydro insulated and with

bitumen roof tiles.
- Common staircase and landings- tiled floors, walls and ceilings emulsion paint.
- Furniture packs

can be offered at an additional price!

Reservation fee: 2500euros.
Phone:+359 895291825.
Holiday apartment complex

`Palm Court` Apartments is a new development, located at the Western part

of Sunny Beach and backing onto beautiful pine forests and yet, only 150 m from the beach. A unique combination of fresh

mountain air and seaside climate. All apartments are self-contained with separate kitchens and bathrooms.
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