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| Property Type: Holiday Apartment |
Property Site: Seaside |
| Country: BULGARIA |
City: Byala |
| Zip Code: |
Region: Varna |
| Address: Town Center |
Vacation Property (for rent): No |
| Construction Year: 2007 |
Surface Area: 45-132 |
| Bedrooms: 2 |
Bathrooms: 2 |
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the perfekt network for your holiday in south-Italy
 "Byala Central Home" is situated in the centre of the town Byala, next to the Municipality House. The building stands on a 500 sq. m. plot. It is a 5 floors building which consists of 2 offices on the ground floor and 28 apartments. The interior features stylish studios, one and two bedroom apartments, including spacious balconies overlooking the sea.
Location
Situated on the Black Sea coast, with a population of 2330 people, Byala is a beautiful Bulgarian town. It is located between Varna and Bourgas which makes it easy to reach from both international airportst.
Famous for crystal blue sea and sandy beaches as well as its thriving wine industry, Byala is becoming a much sought-after year round residential area. Just 50 km South from Varna and 80 km North of Bourgas, its picturesque views, mild climate and friendly people make it the perfect spot for a pleasant holiday or for wise investment.
Investment
Bulgaria has benefited from a great increase in international exposure as a desirable holiday destination. As with most major tourist destinations, visitor numbers vary seasonally. The summer months see the arrival of over 50 of Bulgaria’s annual tourists. Peak time is considered to be between April and October for the coastal areas. During the past years, Bulgaria has been in continuous economical growth. In 2004 the GDP growth rate was 4.5, in 2005 – 5.7 and in 2006 reached 6 which is ahead of many of the developed European countries. The yearly average inflation is between 5 and 6. Investments for 2006 were € 3bln compared to € 2.4bln in 2005. All criteria put Bulgaria as an attractive destination for foreign investments. From 01.01.2007 corporate income tax rate was fixed at 10 , which is one of the lowest in Europe.
Resale
Needless to say, early investors always benefit from the best possible prices and largest financial gains. By far the most popular option is to buy off-plan. It makes financial sense to get in there while the price is at its lowest and sell upon completion of the project. International investment companies and independent bodies expect the property prices in the area to continue to increase with an annual rate of 10 – 15. The area of Byala is a very much developing area with large investment funds in place.
Buy-to-Let
Another way to make your investment work for you is the buy-to-let model which is becoming more and more popular with holidaymakers. Bulgaria is expected to enjoy 20 million annual tourists by 2010. This is of course excellent news for the Bulgarian property investor who is perfectly positioned to offer rental accommodation to this influx of tourists. The expected annual return of investment from letting is 4 to 6.
Viewing Trip
We have prepared a very cost effective way for you to visit Bulgaria and purchase a property. A flight to Varna and accommodation for tree days will cost you only ₤200. We are going to pick you up from the airport, show you the area and do our best to adequately answer all your questions.
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| Furnished: |
No |
Dishwasher: |
No |
Alarm System: |
No |
| Washing Machine: |
No |
Hotwater: |
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Office Room: |
No |
| Linnen Supplied: |
No |
Pet Friendly: |
No |
Tennis Court: |
No |
| Balcony: |
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Gym/Sauna: |
No |
Terrace: |
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| Telephone: |
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Garage: |
No |
CableTV/Sat: |
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| Ocean View: |
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Lake View: |
No |
Mountain View: |
No |
| Ocean Front: |
No |
Lake Front: |
No |
Cellars: |
No |
| Swimming Pool: |
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Garden: |
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Parking: |
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