00359 878 525 789 Price £ 31792 (€ 39990)
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Location
Radino Villas is located 60 miles from the Black Sea coast and 15 minutes drive from the well known rural town of Elhovo, just over an hour from Burgas airport. The village of Radino is a typical satellite settlement in the South East of Bulgaria very close to the Turkish boarder. The complex is situated at the end of the village on a hillside with fantastic views of the rolling countryside looking towards the Balkan Mountains. These traditionally designed villas will provide a tranquil retreat in the heart of ‘real Bulgaria’ which is rich in culture and very low in price by comparison to the purpose built coastal resorts. In addition to the appeal of the properties as holiday homes they also represent a fantastic investment opportunity as property prices in this region continue to show impressive, steady and stable growth year on year. The main part of Radino village sits in a valley and has a good level of infrastructure. Local amenities range from; a post office, choice of local restaurants, medical center, and grocery shops etc. Furthermore, its location is ideally situated for immediate access to some of Europe’s largest forests where a full variety of hunting can be found. The Tundzha River combined with several local dam lakes also present a great opportunity for any keen fishermen.
Description
NEW VILLAS CHEAPER THAN APPARTMENTS - ELHOVO OFF PLAN 2BED AND 3BED HOUSES - 2Bed House (€ 39,990 : £ 31,792) 3Bed House (€ 49,990 : £ 39,742)
VILLAS CHEAPER THAN APPARTMENTS
Description:
Radino Villas will consist of 13 newly built detached villas each with their own private garden. The houses will be of traditional Bulgarian design with a contemporary feel within both the bungalow and the two storey ‘villa’ option. Clients will have first refusal on the plot that they desire on a first come first served basis. Despite the defined boundaries of each plot, all inhabitants of the complex will have common use of the onsite facilities which will include: a sheltered BBQ area, swimming pool and sun lounging area.
Radino Villas is located 60 miles from the Black Sea coast and 15 minutes drive from the well known rural town of Elhovo, just over an hour from Burgas airport. The village of Radino is a typical satellite settlement in the South East of Bulgaria very close to the Turkish boarder. The complex is situated at the end of the village on a hillside with fantastic views of the rolling countryside looking towards the Balkan Mountains. These traditionally designed villas will provide a tranquil retreat in the heart of ‘real Bulgaria’ which is rich in culture and very low in price by comparison to the purpose built coastal resorts. In addition to the appeal of the properties as holiday homes they also represent a fantastic investment opportunity as property prices in this region continue to show impressive, steady and stable growth year on year.
Infrastructure near by:
The main part of Radino village sits in a valley and has a good level of infrastructure.
Local amenities range from; a post office, choice of local restaurants, medical center, and grocery shops etc. Furthermore, its location is ideally situated for immediate access to some of Europe’s largest forests where a full variety of hunting can be found. The Tundzha River combined with several local dam lakes also present a great opportunity for any keen fishermen.
Villas
The houses will be built using a monolith, steel-concrete joint less construction core with a masonry and render finish. Internally the properties will be finished with all joinery, electrical installation, windows, doors etc all fully fitted, the house will also come with a fitted bathroom and choice of flooring will be available within the price. Various furniture packs will be provided should the client require any assistance in furnishing the property. Additional installations such as fireplaces and kitchens can also be arranged and quoted for by the developing company.
House type "A" - EUR 39,990 Total built up area - 116.04 sq m
Floor plan layout:
1. Entrance veranda - 7.39 sq m
2. Bathroom & WC - 6.60 sq m
3. Laundry & storage room - 3.81 sq m
4-7 Kitchens, Dining room, Living room - 40.95 sq m
8 - Master bedroom - 14.83 sq m
9. Second bedroom - 15 sq m
10. Veranda - 27.46 sq m
Villa Type “A” – Floor Plan (see the photos section)
House type "B" - two storey 3 bedrooms - EUR 49,990
Total built up area - 132.18 sq m
Ground floor layout:
1. Entrance veranda - 11.83 sq m
2. Laundry & storage room - 3.33 sq m
3. Bathroom (WC) - 2.55 sq m
4-7. Kitchen, Living room and dining room - 34.62 sq m
8. Veranda - 22.67 sq m
Total floor area - 75.00 sq m
First floor layout:
9. Bathroom & WC - 5.48 sq m
10. Small bedroom - 9.60 sq m
11. Second bedroom 15.55. sq m
12. Master bedroom - 16.15 sq m
13. Balcony - 10.40 sq m
Total floor area - 57.18 sq m
VILLA TYPE “B” – GROUND FLOOR – FLOOR PLAN (see the photos section)
VILLA TYPE “B” – FIRST FLOOR – FLOOR PLAN (see the photos section)
Buying Process Explained:
Once you have chosen your desired plot and type of building a reservation fee of 2000 EUR is needed to secure your purchase.
The next step will involve a contract being drafted between you and the development company.
It will then be necessary to set up a Bulgarian Ltd company, which will own the land and the property on your behalf. Under current Bulgarian law foreigners cannot own land personally, the only legal way is to own a Limited company which owns the land and property on your behalf. You will be the sole director and owner of this company and as such the property rights are completely under your control. The cost for this process is 700 EUR one off fee.
On the completion of the company’s formation and signing of the contract the following payment plan will begin:
30% payable upon singing of the preliminary agreement
30% payable upon completion of the foundations
30% payable upon completion of the roof
10% less the reservation fee of EUR 2,000 - before transferring of ownership
After paying the first 30% construction on your villa will begin, the construction time will be approximately 7 months.
Summary of additional costs attributed to buying a house in Bulgaria:
• Stamp duty and notary fees 3.5% of the price stated on the title deeds, payable upon completion of the house
• Annual council tax 0.15% of the price on the title deeds
• Formation capital 2560 EUR. This is not a cost but a sum that needs to be deposited into the company account upon activation, the court must see this balance in the account to approve formation of the company. It can then be withdrawn or put towards the outstanding balance for the house.
• Annual auditing of accounts 100 EUR. Similar to that of the UK, your Ltd Company will require annual auditing.
However, as your company will essentially remain dormant with no trading activity just the payment of utility bills etc, the auditing cost is very small.
Furnishing Options:
All villas will be finished without kitchens. Options for fully fitted kitchens are available for you to choose from.
Both the entrance halls and kitchen areas will be finished with terracotta tiling.
The living and bedroom areas will be finished with laminate flooring.
All walls will be painted with high grade latex paint.
There will be a limited color selection from which to choose from for the paint and flooring.
The bathroom will be finished as a wet room with toilet and sink included. There will be a choice of installing either a bath with shower or a separate shower unit with door and shower tray. There will be a limited selection from which to choose bathroom tiles.
It will also be possible to organize the installation of additional products such as swimming pools and fire places.
For costs please enquire further.
Fully fitted kitchen option for the one storey house - EUR 3,200
This tailor made kitchen includes:
Sink
Built-in 4 plate’s ceramic hob
Built in oven
Fridge Freezer
Extractor fan
Washing machine
HOUSE TYPE “A” – KITCHEN FURNISHING VIZUALIZATIONS (see the photos section)
Fully fitted kitchen option for the two storey house - EUR 3,600
This tailor made kitchen includes:
Sink
Built-in 4 plate’s ceramic hob
Built in oven
Fridge Freezer
Extractor fan
Washing machine
HOUSE TYPE “B” – KITCHEN FURNISHING VIZUALIZATIONS (see the photos section)
Custom made fire place - EUR 2,500 (see the photos section)
Form more information please come to one of our offices:
Sunny Beach Office
Address: Sunny Beach High Street, Sun Palace Residential Building, Office A1, Opposite Hotel ‘Kuban’, next to Central Cooperative Bank
Phone: + 359 878 525 789
Sofia Office
Address: Sofia, Graf Ignatiev Str. N 74, Floor 2, Left
Phone: + 359 2 987 1133
http://www. SunnyBeachRealEstate.net
Features
The houses will be built using a monolith, steel-concrete joint less construction core with a masonry and render finish. Internally the properties will be finished with all joinery, electrical installation, windows, doors etc all fully fitted, the house will also come with a fitted bathroom and choice of flooring will be available within the price. Various furniture packs will be provided should the client require any assistance in furnishing the property. Additional installations such as fireplaces and kitchens can also be arranged and quoted for by the developing company. The main part of Radino village sits in a valley and has a good level of infrastructure. Local amenities range from; a post office, choice of local restaurants, medical center, and grocery shops etc. Furthermore, its location is ideally situated for immediate access to some of Europe’s largest forests where a full variety of hunting can be found. The Tundzha River combined with several local dam lakes also present a great opportunity for any keen fishermen.
Activities
Greta for fishing, hunting, swimming pool enjoyment, mountain hicking, shopping in the near big towns.
Views
Mountais, forset, swimming pool. See the visualisations in the photos section.
Weather
Nice hot summer from May to October and beautifull and snowy winter.
Details
Total space 1238 sq.ft (115 sq.m)
Living space 1238 sq.ft (115 sq.m)
1 floors
4 rooms
2 bedrooms
1 bathrooms
Electricity
Water
Phone
Internet
Central heating
Road access
Living space 1238 sq.ft (115 sq.m)
1 floors
4 rooms
2 bedrooms
1 bathrooms
Electricity
Water
Phone
Internet
Central heating
Road access
Code: 080802-004
Type: House (Off Plan)
Property price:
£ 31792
€ 39990
$ 62308
Type: House (Off Plan)
Property price:
£ 31792
€ 39990
$ 62308
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