Property Overview
This stylish 4 star turn-key development is located just a few minutes walk from the beach in the popular tourist destination Sunny Beach on the Black Sea Coast of Bulgaria.
Local amenities include a number of up market shops, restaurants, lively bars and entertainment.
This quality built, fully gated development is a short walking distance from the picturesque historical old town of Nessebar, a UNESCO World Heritage site. The location of Selena Residence is perfect for a cultural stroll around the ruins of the old town or a visit to the stunning Sunny Beach....
Property Description
Ideally suited as a holiday home or for pure investment
This stylish 4 star turn-key development is located just a few minutes walk from the beach in the popular tourist destination Sunny Beach on the Black Sea Coast of Bulgaria.
Local amenities include a number of up market shops, restaurants, lively bars and entertainment.
This quality built, fully gated development is a short walking distance from the picturesque historical old town of Nessebar, a UNESCO World Heritage site. The location of Selena Residence is perfect for a cultural stroll around the ruins of the old town or a visit to the stunning Sunny Beach.
In addition, a hop on - hop off holiday train arrives almost on your doorstep and links Selena Residence, Nessebar and Sunny Beach. Bourgas International airport is between 20 - 30 minutes away, with direct flights from all major European cities.
This four star development is orientated in a Westerly direction and architecturally inspired by European design, typified by the many apex roofs, ground arches and railing balconies.
With the construction due to begin in the last quarter of 2006, the building company ‘Midia’ plans to have the development completed May 2008.
The Offer
Each unit comes fully fitted including furniture, kitchen presses, tiled floors and bathrooms, telephone points, cable TV, air conditioning and heating.
Management fees are fixed for 2 years at EUR 8 per square meter based on the total area of the unit (including common area).
There are three stage payments. The first 40% is due on signing of the contracts, 20% on rough construction and the remaining 40% is due on completion.
A guaranteed net rental income is fixed at 4.5% pa for 2 years
Development Facilities
The development’s facilities include a restaurant, a bar, 16 shops, an internet cafe, swimming pools, secure surface car parking and an extensive landscaped common area nested in the private crescent shaped building. The structure delivers an abundance of light to all apartments throughout this 6 story building.
• 24 hr Concierge
• Lifts
• Restaurant
• Bar
• 16 Shops
• 3 Swimming pools
• Underground car parking
• Landscaped common area
Unit specifications
Each unit comes ‘ready to use’
• Fully furnished
• Private balcony
• Bathroom is tiled floor to ceiling
• Remote controlled air conditioning unit with heating and cooling function
