spacious apartment with a separate entrance and scenic view of the old town of nessebar!

location

The building is located on a quiet spot with green areas. The distance to the beach and "Marina Dinevi" yacht port is about 300 metres. In the area there are several family hotels, bars and small shops.

The town of Svety Vlas is part of the so-called "Bulgarian Riviera" - the most visited tourist area. The combination of mountain and sea, give the place a unique climate, favourable for the trearment of different lung disesases.

The coast line is 1km long.

the apartment

A spacious 1-BR apartment with functional disposition of the premises.

Consists of: entrance-hall /about 4 sq.m./, a large living area with a kitchenette and diner /40 sq.m./, bedroom /24 sq.m./, bathroom with toilet /6 sq.m./ and two balconies /8 sq.m. each/.

Specifications: Optional separation of a second bedroom and bathroom. The apartment is fully-furnished and cabled - telephone, internet and satelite digital television ITV Partner. A 24-kW inverter air-conditioner is installed in the living-room. The rooms are bright and sunny, with French windows. The balcony opens a magnificent view of the old town of Nessebar and the sea.

Exposure: Bedroom - North, living-room - South.

Walls and flooring: Terracotta tiles and marble; walls - latex.

Bathroom and WC: Terracotta and faience, sea-blue colour.

Balconies: One off the the living-room and one off the bedroom.

For sale with the full furniture package! 

FOr sale with no commission from the buyer!

Client pay only a service fee for the organizing and finalizing of the transaction of 480 Euro /VAT included/.

accents

• close to both coast line and mountain
• sea panorama
• unique climate
• quality construction
• separate entrance
• possible reconstruction into 2-BRS apartment
• fully-furnished
• excellent purchase price

Construction type: Brick

Year of construction: 1999 Year

Stage of construction: permission to move in granted

Heating: Air conditioner

Exposure: North, South

Number of bathrooms: 1

Balconies: 2

:

Joinery: Aluminium casement windows - luxury

• Permission for use granted
• Security
• Furnished

Agent's valuation of the offer Excellent!

Mortgages in Bulgaria

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian banks based on a licensed contract, by the force of which we represent them, which is sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free and doesn't influence the credit in any way.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB -United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years (the currency is EUR). A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%, payable at loan disbursement. The prepayment fee is 5%. The bank also offers property insurance.

First Investment bank
Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate. Up to 80% of the market value of the mortgaged property can be financed.
There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate which is the the interest rate agreed plus 20 points. The utilization is according to utilization plan. The application fee is Eur 50 and the management fee is 2%. There is also an early repayment charge from 2% to 5% as well as a commitment fee - 0.5% and a renegotiation fee - 1.5%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The bank offers a life insurance option, which is paid by the borrower and property insurance.

Required Documents

Credit history documents (Experian Scorex, Equifax) - for citizens of the United Kingdom

Required documents for the income of the applicant / joint applicant:

For applicants / joint applicants working under labour contracts:

1. Form P-60 (required).

2. Letter from the Employer establishing the net income of the applicant / joint applicant (advisable).

3. Account statement for the last three months evidencing the declared incomes.

4. Other documents required by the Bank.

For applicants / joints applicants who work as freelancers or owners of companies:

1. Letter from an accountant establishing the net income for the last year or an Income Statement.

2. Account statement for bank account evidencing the declared incomes.

3. Other documents required by the Bank.

For applicants / joints applicants who receive rental income:

1. Account statement for the last three months evidencing the declared incomes.

2. Rental contract, if the income is not included in the annual Tax returns.

Applicants who are not citizens of the United Kingdom are expected to provide documents corresponding to those listed for UK citizens.

The term for approving the application is usually up to 2 days.