Holiday apartment in summerland golf and beach club

Disposition: entrance hall, open plab living room with kitchen box, one balcony

Summerland Golf and Beach Club is located in one of the most exclusive places on the Black sea coast – Kavarna town. The development offers incredible and unobstructed sea view. It is located at about 900 metres away from the wide sandy beach of Kavarna, and the straight line distance to the sea is 300 metres. The area is quiet with relaxing nature around, in the boundaries of the town.  The complex is an ideal place for the golf lovers, as it is located very close to the three golf courses, which are in process of construction. Except the exclusive location of the complex, its closeness to the sea and the lovely views, this unique property has still a lot more to offer. The development will host 77 apartments, distributed in four blocks. You can choose from four types of apartments – studios, one- , two-, and three - bedroom. Additionally there will be an underground parking with parking spaces. Each apartment comes with a fully fitted kitchen and air-conditioning.

A variety of services and amenities will be offered to the owners of the apartments or the tenants:

Three swimming pools (two of swimming pools will be constructed in the second part of the complex)
Restaurant and bar
Spa centre
Bus to the beach

In the second part of the development, which we will offer you in the autumn, there will be available also:
Tennis court
Mini-golf course

The apartments are offered for sale unfurnished but with an alternative option for purchasing a fully furnished and fitted apartment. The full furniture pack includes everything necessary for the use of the property by owners and tourists. Advantageous payment plans are available.

You can purchase an underground parking place at the price of EUR 3500

Advantages

• Excellent location in one of the ancient towns along the Bulgarian Black Sea coast, with rich history, and fast rate of development.
• The region is forming as a golf area, as one of the five biggest golf playgrounds is under construction here, another one also will be located in the vicinity, both of the golf courses are designed by Gary Player, who already purchase his property in here.
• Modern town with excellent facilities
  Good selection of modern shops and cafes, bars and restaurants.
• Summer concerts and events staged each year
  Excellent road links with Varna Airport
• Proximity to the new golf courses
• Located in a scenic area with many places of interest nearby
  Enchanting sea views from the apartments
• A perfect selection of amenities offered in the complex, that will turn your vacation into an unforgettable experience
• Great rental potential
• All apartments are fitted with air conditioners;
• An excellent price policy with possibility to choose the best payment plan
• The apartments will be finished and sold ready to be furnished.

All units are for sale with no comission for the buyer

Construction type: Brick

Year of construction: 2007 Year

Stage of construction: elevation +0.00

Completion date: 04.2009

Heating: Air conditioner

Exposure: West

Number of bathrooms: 1

Balconies: 1

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Joinery: PVC

• New development
• Security

Agent's valuation of the offer Excellent!

See the project

Acquisition of land by foreign citizens and foreign legal entities in Bulgaria after 01.01.2007

According to the commitments of Bulgaria made in the process of European integration in Art.22 of the Constitution, changes have been made to harmonize Bulgarian legislation with the law of the European Union. According to these changes, foreigners and foreign legal entities can acquire ownership of land in the following cases:

I. as provided in the terms and conditions of the Accession Treaty of the Republic of Bulgaria to the European Union;

II. by virtue of an international treaty, ratified, promulgated and entered into force for the Republic of Bulgaria;

III. through inheritance by law.

I. The legal framework related to the acquisition of land is outlined in Attachment VI, Section 3, Clause 1 Free movement of capital of the Accession Treaty. According to this Attachment, foreign citizens of the member-states of the EU or the European Economic Community (EEC), as well as foreign legal entities established in accordance with the legislation of a member-state or a state consituting a party to the EEC Agreement, who are legally staying in Bulgaria from 01.01.2007, can acquire ownership of land for a second home according to the rules of land acquisition applying to Bulgarian citizens. A legal definition of the term "second home" is given in the Amendment and Supplement Bill to the Ownership Act, where it is written that a "second home" is the one different from the main home one possesses in any of the EU member-states.
According to the norm, all limitations to citizens of the EU and EEC member-states who are permanently staying in Bulgaria are no longer valid. A definition of the term "permanently staying" is given in the newly adopted Act on entering, staying and leaving the Republic of Bulgaria by EU citizens and members of their families /State Gazette, Issue 80 of 03.10.2006/.
For citizens or legal entities who are not permanently staying in Bulgaria, limitations to the acquisition of land for a second home are introduced, i.e. they shall be limited as to this right. The time period of this limitation is 5 years, i.e. up to 2012.
As regards the acquisition of ownership of agricultural land and forests, Attachment VI, Section 3, Clause 2 introduces a 7-year limitation period, in which citizens of the EU and legal entities, established in EU member-states cannot acquire such land. This, however, does not apply to "independently employed agricultural producers who are citizens of another member-state, and who wish to settle and stay legally in Bulgaria".
Bulgaria has the right, irrespective of the time periods specified above, to make a general review of these transitional measures in the third year from the EU accession, i.e. in 2010. In view of this aim, the Commission shall present a report before the Council. The Council can vote unanimously by proposal of the Commission to shorten or to lift altogether the transitional periods of 5 and 7 years respectively.
In connection with these changes, there are amendments to the Forestry Act, Protected Areas Act, Agricultural Land Ownership and Use Act, and the Act on Restoration of Ownership over Forests and Land in the Forestry Reserve Act being prepared as well.
See also
http://www.parliament.bg/?page=home&lng=en&r=n

II. The issue of acquisition of land by foreign citizens and foreign legal entities established according to the legislation of a state which is not a member of either EU or the EEC is referred to in the second hypothesis of Art. 22 of the Constitution. Such citizens and legal entities can acquire ownership of land by virtue of an international treaty, ratified, promulgated and entered into force for the Republic of Bulgaria. This regulation is valid as of 01.01.2007 and there is no hypothesis for amendment within a certain time period.

III. In the old Art.22 there was an obligation for foreigners, who have acquired land by inheritance, to alienate it within 3 years of the acquisition. This text has already been cancelled. The regulation, however, still exists in Art.29, para.2 of the Ownership Act. This limitation is planned to be cancelled with the changes in the Ownership Act, and thus a restriction will remain only in relation to the acquisition of agricultural land and forests.