Kaliakria Sea and Golf Apartments
Prices from € 50,710 (1,101 €/m²)

Kaliakria Resort

Kaliakria sits on the top of a gentle slope, overlooking the new Thracian Cliffs golf course near Kavarna. This truly spectacular sea-side and golf resort is located in one of the most beautiful and unspoilt areas of the Black Sea coast of Bulgaria. The developers of Kaliakra Gardens have designed this stunning complex to blend with the exquisite surroundings and to enhance the natural beauty of the landscape.

The amazing views from Kaliakria apartments will take your breath away. The apartments look down over the 18-hole Gary Player designed golf course, which offers one of the most exhilarating golf experiences in Europe.

Views of the new golf course site and the sea

Maybe you will want to play a round or two of golf yourself, or maybe you will prefer to relax in Kaliakria's extensive gardens and watch other people play. However you choose to spend your time at Kaliakria, you cannot fail to be impressed by the splendour of this sea-side resort.

Chill out at Kaliakria

A second Gary Player golf course is located only 3 kilometres from Kaliakri Gardens, and another championship golf course, designed by Ian Woosnam is just 8 kilometres away. Just a few minutes away by car is the attractive sea-side of Kavarna. This chique resort, with its pretty, sheltered beach and towering cliffs, will soon have a luxurious new yachting marina. Ferries will run between the marina and the golf courses.

Kaliakria comprises an excellent mix of studios, 1-bedroom, 2-bedroom and 3-bedroom apartments, plus sumptuous 3- and 4-bedroom maisonettes. The complex has nine low-rise buildings, designed by Spanish architects Kloster and Notenson, and the whole complex is an attractive blend of Spanish and traditonal Bulgarian architecture. These stylish golf apartments are clustered around two large swimming pools. Most of the apartments face south, to provide the best sea views. The lush gardens include 90 different types of plant, including flowers, shrubs, plus palm, evergreen and deciduous trees.

Kaliakria will be completed in 2009.

Specification

Apartments at Kaliakria are built to a very high specification:

• Reinforced concrete foundations and building frames
• External walls made of brick
• Thermal and sound insulation
• Special roof system with heat, vapour and water insulation
• UPVC double-glazed windows from Germany
• Laminated internal doors
• Natural limestone tiles, with antique effect
• Fully-fitted bathroom with non-slip ceramic tiles and under-floor heating
• Fully-fitted kitchen, with fridge, oven, hob and extractor
• Natural granite work top and breakfast bar
• Tiled balconies with wooden pagolas and cast iron railings
• Electrical fitments (switches, plugs and light fixtures)
• Telephone point, cable TV point and internet access
• Air conditioning and heating
• Marble fireplace in living room

Facilities at the Kaliakria complex include:

• Swimming pools
• Pool bars
• Children's play areas
• Gymnasium and wellness centre
• Conference facilities
• Landscaped and architecturally-designed garden
• 'Totally Romantic' cafe/bar
• Gated complex with 24-hour security
• Property management
• Reception and concierge services
• Property management
• Reception and concierge services

Kaliakria will be certified for energy efficiency, which makes it exempt from Bulgarian building tax for 10 years.

Kaliakria Payment Schedule

Payments for apartments at Kaliakria are covered by a bank guarantee. Mortgages are available.

€ 1000 reservation fee
30% at preliminary contract
70% at Notary Deed and transfer of ownership

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.