Princess, Kiten (by Primorsko)
Position:
The Princess Residence is the leading development in the coastal village of Kiten, by Primorsko - the southern most of Bulgaria’s Black Sea Coast Resorts (please refer to back page of this brochure for local information). Situated directly on the beach, owners and guests will literally be able to walk out their back door, and enjoy the golden sandy beaches and calm, warm waters of the Black Sea. The location of this development is second to none - it is truly amazing.
General Info:
This 5*secure gated development will cater for resident owners and tourists alike, upon completion in late 2007. The superb list of features, as detailed below, coupled with the natural beauty of the location (beach, mountains, ancient sites, fishing,etc) means there is plenty of activities to keep everyone entertained during a stay, young and old alike, whether for week, a month or, indeed, many years. The Princess Residence has been designed to be the leading hotel in the area, with reception, lobby bar and gardened restaurant, and is ideal for investors looking to generate a rental income, as well as reside here full time.
Value and investment potential:
The Princess Residence is quite simply one of the best value 5* developments in any European beach resort. Based on our own market research (we encourage all buyers to do their own diligence) we found that prices were more than 50% under the value of average similar off plan development on the Black Sea coast. Some agencies are claiming the average price of an appartment in Sunny Beach (which is already over developed) is 1600 Euro per m2*, which applies to developments of all standards. Our launch price offer here starts at just 850 Euro per m2, and we forecast major growth in the coming 12 months.
Rental Guarantee:
This development comes with a guaranteed rental income of 5% (2008) and 6% (2009).
|
