Sunset Kosharitsa III - the last available apartment

SUNSET KOSHARITSA - a popular holiday development with an exclusive location offering excellent holiday experience

It is our greatest pleasure to present to you the third phase of one of the most distinctive developments along the Bulgarian Black Sea coast. The project was first presented in the spring of 2005 and it still attracts the interest of a variety of buyers. Its exclusive location combined with excellent on-site facilities makes it interesting both to investors and to people looking for that right place to relax away from the noisy big resorts.

Sunset Kosharitsa is located at the outskirts of the village of Kosharitsa, at the foot of the eastern hills of Stara Planina Mountain. The sea spreads on the horizon and the combination of the two creates a magnificent atmoshpere. Despite the village's ever-increasing popularity it remains far from the overdeveloped neighboring resorts. The development commands a 360 degree panoramic view.

Sunset Kosharitsa's third phase consists of two 5-storey buildings with southern exposure positioned parallel to each other offering a mix of studios and 2 & 3 bedroom apartments.

Between the buildings there is a tennis court (which can also be used as a basketball or a volleyball court) and a large pool with a separate children's area. All this is complemented by beautifully landscaped gardens. All owners in the third phase will be welcome to use all the facilities in the whole of the Sunset Kosharitsa complex, including:

• 5 swimming pools and 2 pool bars
• Tennis court (which can double as a volleyball and basketball court)
• Sports centre with Gymnasium and Aerobics hall
• Modern Spa Centre (with Sauna, Jacuzzi, Steam room, Solarium, Massage rooms)
• Two restaurants one of which is outdoor
• Conference hall for 120 persons with audio and video equipment
• Children's playground
• Mini market
• Shop and café-bar

Located just outside the bustling Sunny Beach resort (7 km) and a 30-minute drive from Burgas Airport, Sunset Kosharitsa provides a rare combination of a completely self contained holiday development set amongst natural surroundings, with fast and easy access to the amenities of Bulgaria's biggest resort of Sunny Beach and to the smaller picturesque resorts of Nessebar, Sveti Vlas and Ravda.

The development is not only a wonderful place to relax but it is also a sensible investment which can bring you a good rental income. After 5 successful tourist seasons Sunset Kosharitsa has become popular among tourists and tour agents alike attracting more and more clients both from Bulgaria and abroad. Our unusual concept and the unique tourist product we offer are becoming ever more popular with intelligent active people looking to relax among nature, close to the big beach resorts.

Sunset Kosharitsa is situated in a region designated as an eco zone within the EU-wide Natura 2000 bio-diversity programme and is also part of a local energy efficiency project. These two key factors have been embedded into the design and construction of the complex to ensure that both the Developer and the apartment owners will be making a continuing contribution to the preservation and protection of the environment in the area.

Technical Specification:
Sunset Kosharitsa III is constructed using high quality materials and traditional and modern building techniques to provide elegant and comfortable holiday homes that are easy to maintain:
• Outer wall insulation to protect from heat;
• Smooth-plastered internal walls (no gypsum board has been used);
• PVC window joinery;
• Solid front door and interior doors of MDF, with security locks;
• Fully tiled floorings;
• Shower/bathrooms and toilets fully fitted with taps, fittings, toilet bowls, wash-basins, tiled floors and walls;
• Balconies with tiled floorings specially made for outdoor use;
• Connection to all water, electrical, drainage, cable TV systems;
• Wi-Fi Internet available throughout the whole complex;

Sunset Koshartisa is a unique complex for Bulgaria, offering a totally new concept for summer vacations that combines closeness to nature and the proximity (a 10-minute drive) to some Bulgaria's most popular beach resorts - Sunny Beach, Nessebar and Sveti Vlas. The development is also perfect for developing alternative forms of tourism like birdwatching, rural tourism, health tourism and healthy living programs. Sunset Kosharitsa also hosts a number of corporate events and team buildings.

All facilities available on-site have been designed so as to support the main ideas of the business operation plan for developing the development as the preferred tourist destination along the Bulgarian Black Sea coast. The secluded location with absolutely no other construction around, the nature right on the door-step, the easy and quick access to the commercial resorts and sandy beaches make Sunset Kosharitsa a favourite place for:

• Summer holidaymakers looking for a quiet place to relax
• Young families with small children
• Company meetings, trainings, seminars and congress activities
• People enrolled on a training coarse for healthy-living held by specialists (special programmes available)
• Starting point for birdwatching tours

The attractive prices in Sunset Kosharitsa both for purchasing an apartment and for a short stay turn the development into one of the best places to relax in the whole area.

The unique features of the complex make the organization of special activities possible only here, which means little competition from other hotels in the area.

Dedicated staff of around 40 people during the active season service the entire complex and provide 24-hr professional service for guests, tourists, holiday makers, participants in company meetings and business seminars and long-term tenants.

For owners who are not able to look personally after their apartment, the management company can take care and look after the property for an annual management fee of 350 Euros, which covers the following services:
• Management and maintenance of the relevant documentation.
• Organization of any and all maintenance required at the apartment, inclusive of regular cleaning, change and laundry of linen, preparation of the apartment for rental, daily cleaning when the apartment is occupied by tourists, etc.
• Regular communication with you the owner in case of any unexpected event, and to produce at your request documentation for any and all expenses made for of the property.
• Organization and payment of any and all expenses relating to the property to third-party suppliers: for example, bills for power and water supply, cable TV, Internet subscription, cleaning and the general maintenance of the apartment, including repairs and renovation as and when required etc.
• Web access to the bookings made for your apartment by the tour operator, so you can see the availability for yourself, friends and family, or check your rental income.
• Organization of the issue of any categorization papers, licenses or similar required by the law for the short-term or long-term rent of the property.
• Organization and the payment of the annual property tax and waste collection fees (funds must be supplied by the apartment owner)
• Organization, filing and submission to the tax office of the annual tax statement and payment of any and all tax due by the apartment owner for income relating to the rental of the apartment.
• Marketing the property to tour operators and travel agencies.
• Reception desk services and dispatch, key services to incoming and outgoing tenants and visitors.
• Registration of the tenants who foreign citizens with the local police station as required by the law.
• Holding funds on behalf of the apartment owner, to be used against outgoings directly related to the apartment or common parts under the terms of the virtual freehold.
• Organization, book-keeping and the storage and maintenance of all records and received invoices, payment receipts and other documents from third-party service providers, agents, local authorities and tax administration bodies etc.
• Representation of the apartment owner and protection of his/her rights and execution of his/her will before any and all third-party service providers, agents, local authorities, tax administration bodies and tenants etc.

GENERAL CONDITIONS
• No company is needed to own an apartment in Sunset Kosharitsa.
• It is not necessary to come to Bulgaria in order to reserve an apartment or sign the preliminary contract.
• It is not necessary to come to Bulgaria in order to acquire the ownership or receive the title deeds of the apartment.
• All owners who rent out their apartments have to pay rental income tax of 10%.

RESERVATION OF APARTMENTS:
Any apartment can be reserved immediately by a confirmation e-mail, followed by payment of a 5 % reservation deposit. This provisionally reserves the apartment, with the initial payment then due on signing the Preliminary Contract, which will be approximately 28 days after reservation.
BULGARIAN PROPERTIES charge no agency commission for buying in Sunset Kosharitsa III.

PAYMENT PLAN:
- 5 % reservation deposit (non-refundable if you decide not to purchase)
- 95 % final payment on deal completion