1 Bed Apartment in Stara Zagora - £21,420 (€27,414)

Fantastic investment opportunity - off plan residential apartments in a popular area of Stara Zagora


Location: Stara Zagora

4th April 2008

Property Ref: acq070729

The Jelznik development is an attractive off plan project located in the town of Stara Zagora.  Stara Zagora is one of the largest towns in Bulgaria with 300,000 inhabitants.  The rate of employment is high amongst the population due to a large number of industries located in this region.  The town has excellent transport links, including a motorway to Sofia. Тhere is a huge demand in the domestic market for properties in this area. This development offers the opportunity to purchase residential property in a popular, new residential area of Stara Zagora with similar apartment buildings and located close to large supermarkets and shops.  The apartments are an excellent rental opportunity as there is the scope for year round rentals with the estimated yield for apartments such as these between 10 -14%.

The building comprises of 23 one- and two bedroom apartments allocated over five floors.  Each apartment has a parking space or a garage and has an allocated cellar on the ground floor.  The apartments are finished to a high specification and each apartment offers at least one balcony; all apartments are either south-east or west facing.  

The apartments are competitive in price- 530 euros per sq.m with one bedroom apartments starting from £22267 and two bedroom apartments from £32794.  This is an excellent opportunity to invest in a buy- to- let development which also offers capital growth at an extremely competitive price.  The development is due for completion in April 2009.

Payment Schedule
30% upon signing a preliminary contract
30% due 1 January 2008
30% due 1 August 2008
10% upon completion April 2009

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Note: The exact prices are quoted in Euros (€). The £ price is for guidance only based on : € 1.28 = £1.00.

Disclaimer:
The particulars on this website do not form part of any contract. Neither BBProperties nor any of its partners, employees or agents is authorised to give or make any warranty on behalf of any party. Whilst information and particulars are given in good faith, intending buyers/tenants must satisfy themselves independently as to the accuracy of all matters on which they rely upon. All negotiations are subject to contract.

Apartment No. Total Area Price/sq.m. Total Price Total Price No. of beds
  sq.m Euro Euro Pounds  
         
         
Apartment 1 97.87 530 € 51 871 £35 773 one bed
Apartment 2 83.13 530 € 44 059 £30 385 one bed
Apartment 3 111.85 530 € 59 281 £40 883 two bed
Apartment 4 89.72 530 € 47 552 £32 794 two bed
Apartment 5 82.54 530 € 43 746 £30 170 1 bed
           
Apartment 6 96.96 530 € 51 389 £35 441 one bed
Apartment 7 83.56 530 € 44 287 £30 543 one bed
Apartment 8 111.70 530 € 59 201 £40 828 two bed
Apartment 9 101.99 530 € 54 055 £37 279 two bed
Apartment 10 87.68 530 € 46 470 £32 049 one bed
           
Apartment 11 90.99 530 € 48 225 £33 258 one bed
Apartment 12 82.63 530 € 43 794 £30 203 one bed
Apartment 13 98.55 530 € 52 232 £36 022 two bed
Apartment 14 101.04 530 € 53 551 £36 932 two bed
Apartment 15 87.36 530 € 46 301 £31 932 one bed
           
Apartment 16 115.42 530 € 61 173 £42 188 two bed
Apartment 17 50.31 530 € 26 664 £18 389 studio
Apartment 18 89.72 530 € 47 552 £32 794 two bed
Apartment 19 101.73 530 € 53 917 £37 184 two bed
Apartment 20 89.72 530 € 47 552 £32 794 one bed
           
Apartment 21 97.97 530 € 51 924 £35 810 one bed
Apartment 22 60.92 530 € 32 288 £22 267 one bed
Apartment 23 119.62 530 € 63 399 £43 723 two bed
           
Garage 1 20.94   530 € 11 098 £7 654  
Garage 2 19.58   530 € 10 377 £7 157  
Garage 3 19.51   530 € 10 340 £7 131  
Garage 4 20.83   530 € 11 040 £7 614  
Garage 5 20.44   530 € 10 833 £7 471  
Garage 6 21.67