Kavarna Gardens

Kavarna Gardens is located on the marina at Kavarna in the north of Varna. The complex is approximately 40 minutes drive from Varna International Airport and 30km from the resorts of Albena and Golden Sands. The history of the town (including Roman remains), the beautiful sea views, the local amenities along with the proposed development of three new golf courses in the area means that this luxurious development represents an excellent investment opportunity not to be missed!

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Kavarna Gardens is 70 m. away from the beach and features more than 500 apartments, all with beautiful views over the Black Sea, the striking landscape or the beautifully manicured gardens and common areas and 8 swimming pools. All apartments are equipped to meet the highest EU standards, with double glazing, security locks, and fully fitted with kitchen appliances. The entire complex is fenced with 24-hour on-site security

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The project Kavarna Gardens is a 5 minute walk to the marina and an excellent sandy beach, where you will also find bars, restaurants, a discotheque, shops, and stands in summer time.

Three golf courses are planned in this region and constructions of one are already in process and it is due to be completed in November - December 2007. The golf courses are designed by two famous golf players – Gary Player ( www.garyplayer.com ) and Ian Woosnam ( www.woosie.com )

 Kavarna port is only in 5 minutes driving from the future golf courses, which will ensure the prosperity of the town.

Kavarna port is the new hot spot; it offers the exclusivity. With the development of this yacht port, close proximity to 3 planned golf courses, all these ensure safe and successful investment.

What makes Kavarna Gardens a good investment?

• Perfect location to yacht port
• Proximity to the Golf Courses
• Fully Furnished apartments (selected units only)
• Guaranteed rental income for 2 years! (selected units only)
• Reputable Spanish developer with 40 years of experience!
• Fully declared value on the Title Deeds!
• Favourable deferred payment terms – 50% is payable upon completion!
• Deferred completion date 

This development has guaranteed rental income of 5% for two years on the apartments from Phase 1 (Blocks 1 to 8) – those apartments will be fully furnished as well

The apartments are sold at 100% fully declared price, which is still very rare in Bulgaria!

Prices

One bedroom apartments start from €49,848.25 plus 20% VAT ( approx. £34,378 )

Two bedroom apartments start from €63,880.50 plus 20% VAT ( approx. £44,056 )

Maintenance fees: Estimated at €8 per meter square plus 20%.

Payment Terms:

An apartment can be reserved by paying a fee of €2,400 which is fully refundable if the client decides not to proceed with the purchase after inspecting the site.

The stage payments are as follows : -

• 30% of the total price with VAT, less the 2,400 euro reservation fee, up to 5 days after signing the preliminary contract.
• 70% of the total price with VAT - on completion.

Completion Date : Spring 2008

WHY KAVARNA?

·        Only Golf zone in the entire Black sea coast. 2 golf courses in progress, one of them developed by Gary player. Whole year rental potential.

·        New modern marina to be built.(approved by town hall)

·        Not so developed as other saturated places as sunny beach or Golden Sands.

·        Whole year rental potential.

·        Lower price per sq m, better chance to boost your investment.

·        Only 30 minutes from the major Black Sea Airport at Varna.

·        Kavarna has 2 modern Hospitals, restaurants, discos, shops, cinemas etc, Kavarna beach is 4 km away, close for amenities but far enough to be a quiet place.

·        Stunning forest, mountains & sea Views.

Distances

From the first Golf course - 5 km
From the second Golf course - 10 km
From Balchik - 17,5 km
From Albena - 30 km
From Golden Sands - 40 km
From Varna - 55 km
From Varna International Airport - 60 km

WHY BULGARIA?

• EU entry in 2007.
• No material currency fluctuation. Fixed exchange rate of the lev 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 (April - September): + 23 °C.  28º during July – September.
• 90% Christian Orthodox. No religious fanatism.
• 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
• NATO membership achieved in 2004
• 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 growth in the last 12 months

Location

Address Kavarna, North Varna, Bulgaria

Sales contacts

Telephone 0161 904 0004