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ID 4530 Penelope Palace

Pomorie

from 445 000 €

Price for sq. m.: 1 801 €
Area: 247 sq. m.
Floor: на выбор
Rooms number: at choice
The number of bathrooms: 1
Distance to sea: 10 м
Year-round accommodation: No
Sea View: No
Swiming pool: Yes
Furniture: Yes
Maintenance fee: 12 €
Object status: Reserved
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Object description:

Investment proposal for legal persons, – 5 apartments on the first line in Pomorie in a luxury apart-hotel "Penelope Palace".
The package consists of:
- two double rooms with two extra beds,
- two studios with a capacity of two people
Studio suites, with capacity for four people.
The total amount is 484 128 Euros.
Special price for the package in time 01.12.2016 to 31.12.2016 – 445 000 € and installments of up to one year without increased cost.
The amount of guaranteed rent (net profit) is 17 800 Euros (4 %).
The annual profit of 17 € 800 guaranteed the investor in the case of a contract for 5 years (without the right to personal use of apartment for free) and it is the net amount after deduction of all costs:
- the annual maintenance fee in the amount of 10 Euro per sqm without VAT
- fees of 20% of the settlement (cleaning, Laundry, maid, promotion, conclusion of contracts with tour operators,etc.)
- utilities (electricity, water, TV, Internet),
- travel insurance.

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