July Morning Golf Apartments
Prices from € 48,148 (1,178 €/m²)

First-Line Golf Apartments - Fully Furnished

A Superb Investment in a Great Location
with a Panoramic Restaurant

July Morning holiday village has a wonderful first-line location, with panoramic views across the Black Sea. The development is spread over 95,000 square metres of land, close to the town of Kavarna. July Morning is situated in one of the most beautiful stretches of the Bulgarian Black sea coast, just a few miles north of the famous seaside resort of Albena. It is just 64 kilometres from Varna international airport. Three international standard golf courses are located very close to July Morning - one of these will be one of the five biggest golf playgrounds in the world. Golf properties in Bulgaria, particularly in this region, are attracting huge amounts of interest from all over Europe. An apartment at July Morning should prove an excellent investment as golf tourism is certain to expand enormously over the next few years.

Spectacular cliffs at Kavarna

All the buildings in July Morning are low-rise, which maximises the sea views in the complex. Apartments in July Morning will be completely furnished, perfect for owners and investors who want to rent out their properties, and busy people who want their holiday home up and running immediately.

The July Morning development will be much more than a vacation resort. It will be a year-round community, with on-site facilities designed to accommodate all the day-to-day needs of the residents. Amenities at July Morning will include several swimming pools, a hill-top restaurant, giving commanding views across the sea, plus numerous sports facilities.

July Morning will comprise a mix of studios, one-bedroom and two-bedroom apartments, plus first-line "VIP" areas with maisonettes. The VIP area will offer larger units in sem-detached buildings, with large terraces facing the sea. The resort will be a car-free environment, so residents can enjoy a clean and healthy atmosphere, in keeping with the natural surroundings. Comfortable golf carts will convey residents to their accommodation when they check in.

The July Morning resort will be delivered in three stages. The first stage of the development will comprise a total of 351 units and is scheduled for completion in February 2010.

Specification

The complex will be constructed to an extremely high standard:

• Swimming pools
• Hill-top restaurant with panoramic views
• Cafe and bar
• 24-hour security
• Shops
• Spa
• Sports facilities
• Internet
• Car-free complex - extra safe for children
• Golf carts to convey guests around the gardens
• Apartments will be completely furnished

Payment Schedule

A deposit of € 1,500 will reserve an apartment at July Morning. A deposit of € 2,500 will reserve a maisonette. You can choose between two payment schedules, or a special deferred payment scheme.

July Morning Payment Schedule 1:
20% On signing the preliminary contract
20% When development is awarded Act 14
50% When finishing works are completed
10% At notary deed and transfer of ownership)

July Morning Payment Schedule 2:
50% On signing the preliminary contract
47% At notary deed and transfer of ownership
3% Discount awarded

Deferred Payment Scheme

A special finance scheme is available for apartments at July Morning.

• Deposit of 40% on the signing of the preliminary contract
• Remaining 60% is paid in installments over 3 years
• The annual interest rate is 7%

Please contact us for full details of this special finance scheme.

Rental Income

The potential rental income for apartments in the Kavarna area is shown in the following table. These figures are estimates of the rent that can be charged per week (in EUR) during the low and high seasons. At the moment, Kavarna is not well known as an international tourist destination, but this is certain to change, due to the opening of PGA golf courses and the planned construction of a yachting marina. Although rental rates will be fairly moderate at the moment, the rental income will increase dramatically over the next few years.