Paradise Green Park in Varna

Name: Sales in Paradise Green Park started!
Start: 2021-02-22T12:04:48.509421+00:00
End: 2023-12-31T23:59:59+0000
Location: Paradise Green Park

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Project info

Object ID: 11129

Finished at	January 2020
Price, m²	From 945$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	9
Apartments	196
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

57,645$

Net profit

7,813$

Payback period

5.7 years

Avg property value increase per year

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Promos and discounts for Paradise Green Park

About the project

A modern apart-hotel amid the peace and quiet of a natural forest park in the famous Black Sea resort of Golden Sands.

Benefits

-Excellent location: amid the peace and quiet of a natural park, in close proximity to the center of the resort with entertainment, restaurants, attractions, 600 meters from the golden beach and the sea;

-Own infrastructure, many amenities and services for a good rest and stay;

-Modern architecture, high-quality construction and finishing of apartments;

-The apartments are suitable not only for summer vacations, but also for year-round use.

Location

The apart-hotel is located in the famous Black Sea resort of Bulgaria, Golden Sands, in its western part, among the beautiful greenery of a natural park of national importance, offering its guests the maximum dose of tranquility, silence and relaxation. In the immediate vicinity is the center of the resort, where there are places for entertainment, a variety of restaurants, cafes, bars, clubs, attractions for adults and children, shops, etc. the famous golden beaches and clear sea are about 600 meters away.

Information about the resort Golden Sands

The Golden Sands resort is very conveniently located and this makes it very popular - only 18 km away are the sea city of Varna, the international airport and all the amenities of a big city. The pleasant mild climate, the long season from May to October make it a suitable place for a full beach holiday. The resort is located among a large natural park of national importance and this distinguishes it from other Black Sea resorts on the coast. The resort is considered the pearl of the Northern Black Sea coast of Bulgaria, offering excellent conditions for relaxation and wellness.

This resort has it all: restaurants, bars, discos, casinos, shops, spas, an aqua park, many swimming pools, water slides, attractions for children, water activities on the beach. During the summer season, the resort hosts a variety of cultural events - festivals, competitions, concerts. Within walking distance is a unique historical landmark - the rocky monastery of Aladzha. Near Golden Sands there are such resorts as Konstantin and Elena, famous for its rich mineral springs, the resort village of Kranevo, known for its cheap and democratic vacation and one of the most prestigious resorts on the Bulgarian Black Sea coast - Albena - an ideal place for family holidays.

Description of the complex

The complex consists of 196 apartments. The building has a modern hydraulic lift. For the maximum convenience of residents, the complex has two receptions, and additional amenities include an English pub, a bank office, a spa center, fitness and a swimming pool.

Surrounded by greenery and tranquility, the complex will offer you an incredible atmosphere! It is located in close proximity to the center of the resort and all its leisure facilities, but at the same time at a sufficient distance to ensure the peace and privacy of its residents, so necessary for a good rest.