Location of the Complex

This fantastic new project is located on the Obzor coast, near to a white sandy beach and the future Yacht Port. The town of Obzor lies in the skirts of the eastern part of the Stara Planina Mountain with the mountain ridge rising to the west of the city and the Dvoynitsa River bordering it to the north. Obzor is a coastal town located on the Black Sea coast surrounded by vineyards, forests and farms. Obzor beach is one of the last remaining undeveloped stretches of naturally sandy coastline in Bulgaria. The beach stretches for 6 kilometers and is one of the best in Europe with its crystal clear waters known for their clean and safe swimming. It is also perfect for surfing and water skiing.

Costa Obzor is only 20km north of Sunny Beach and less than an hours drive away from two international airports located outside Bulgaria’s second and third largest cities of Varna (55km) and Bourgas (73km).

General Information about the Complex

The development is located next to two 5-star hotels which are already in operation, and consists of 110 one and two bed apartments. The apartments come furnished, and the units on the 4th floor (apartments number 10 and 11) have very wide terraces. There are two small blocks with 22 apartments in each block and two blocks with 33 apartments. There are 2 swimming pools in the middle - one for children and one for adults plus green areas. The complex is less than one minute walking distance to the beach.

Facilities on the Complex

Completion Date: Autumn 2009

Prices:

1 bedroom apartments start from Euros 56,000 plus VAT 20% (from 48.98 m sq net living area)

2 bedroom apartments start from Euros 77,750 VAT 20% (from 68.10 m sq net living area)

PRICES AND AVAILABILITY (Click here)

Payment terms:

• Euros 3,600 reservation deposit – refundable within 3 weeks if you are unable to view the area
• 30% upon signing the contract, less the reservation deposit
• 20% 5 months after the beginning of construction
• 50% on completion (estimated November 2009)

KITCHEN
1 OVEN
1 WASHING MACHINE
1 FRIDGE
1 EXTRACTOR HOOD
1 CERAMIC HOB

LIVING ROOM/DINING ROOM FURNITURE
2 STOOLS
1 COFFEE TABLE
1 DINING TABLE
4 CHAIRS
DISPLAY UNITS
1 SOFA
1 SMALL TABLE

BEDROOMS
2 BEDS WITH MATTRESSES
1 WARDROBE
1 MIRROR

BATHROOM
1 MIRROR
1 SHELF
1 BATHROOM CABINET
1 TOILET ROLL HOLDER
1 SOAP HOLDER
1 GLASS

Title Deeds:

100% fully declared Title Deeds. Closing costs are 3.5% of the price shown in the preliminary contracts.

Information about the Development

• Built by a reputable Spanish developer, established in 1968, with over 8,000 houses built & 18 new developments currently in Spain. A solid EU company is behind, not as any other development in Bulgaria
• Spanish Technical surveillance & construction standards
• First quality materials
• Up to 50% mortgage
• 2 Years construction time
• Fully Furnished development

General Information about the Area

• Surrounded by the Black Sea coast, was founded in the 4th century BC and named “Heliopolis” (The City of the Sun). The small town offers a wonderful combination of sea and mountains, and is an ideal destination for your holidays.
• The beach stretches for several kilometers and visitors can rent sun loungers, parasols, boats, skis and surfboards. With its range of additional restaurants, bars and shops, Obzor offers the perfect setting for an unforgettable holiday.
• Obzor is the pearl of Bulgaria, the exclusive part of the coast, between Varna & Bourgas, where traditionally the elite of the Bulgarian society go on holiday.
• New modern marina to be built in Biala – Obzor.
• Not so developed as other saturated places such as Sunny Beach or Golden Sands.
• Short drive from the major Black Sea Airport at Varna (approx 40 minutes) or Bourgas (approx 1hour).
• Well established holiday resort.
• Stunning forest, mountains & sea Views.

WHY BULGARIA?

• EU entry in 2007.
• No significant currency. Fixed exchange rate of the Lev (local currency) against the euro.
• Stable government
• Bulgaria has averaged 4.9% growth since 2000 and has begun to attract significant amounts of foreign direct investment. Real growth rate 2004:5.3%
• The average yearly temperature is 10.5 °C. Average temperature during April - September: + 23 °C and 28? during July – September.
• Much of the Black sea coast is covered by long beaches with fine white sand. The sea itself is non-tidal, less salty and warmer than the Mediterranean. The tourism sector has flourished in recent years and holds a firm lead in the Bulgarian economy
• Bulgaria voted No. 4 tourist destination worldwide by The Washington Post
• 22% average annual growth of tourist arrivals for 2002 – 2004
• 43% year-on-year increase in British tourists for 2003
• Booming real estate sector: 25% price annual growth for the last 4 years

Location

Address Obzor, Bulgaria

Sales contacts

Telephone 0161 904 0004