2-Bedroom Apartment for Renovation in Golden Eye, Kosharitsa – Your Opportunity for a Profitable Investment!
Are you looking for an affordable property with huge investment potential that you can customize to your liking? We present to you this 2-bedroom apartment with an area of 61.2 sq.m. in the Golden Eye complex in quiet Kosharitsa. The apartment is located on the ground floor and its layout includes a living room with a kitchenette and access to a terrace, one bedroom, a hallway, and a bathroom. The apartment, part of an urgent sale, offers the possibility of a complete renovation according to your dreams, which will allow you not only to create an ideal home but also to significantly increase its future value and profitability. Although it's for renovation, basic equipment like a refrigerator, washing machine, TV, oven with hob, and a bunk bed with a wardrobe in the bedroom are included.
The Golden Eye complex in Kosharitsa is situated in a quiet area, just 2 km from the sea, ensuring a peaceful environment close to nature. It's an ideal place for those looking for a retreat from the hustle and bustle of large resorts, yet still wanting everything within reach. The complex offers two swimming pools, beautiful green areas, and parking spaces in front of the building. Kosharitsa is a quiet place situated above the bustling Sunny Beach, surrounded by beautiful greenery and forests at the foot of the Balkan Mountains (Stara Planina). Within 3 km, you'll find a Lidl supermarket, and it's only 30 km to Burgas. The complex is commissioned (Act 16) and has a domestic electricity tariff.
From an investment perspective, this property targets clients who prefer an active approach to investment with clear potential for appreciation. With the need for renovation, it represents an excellent opportunity for value enhancement. After completing the renovation, during the summer season (estimated 60–80 nights) at an average rate of 50–70 €/night, a gross income of 3,000–5,600 € can be achieved. The annual maintenance fee is 490 €, which is very favorable for such an investment opportunity. After deducting the fee and considering the low acquisition cost, the net annual yield after renovation can range from an impressive 6–12%. This figure is based on the potential appreciation of the apartment after investment in repairs, making this offer one of the best opportunities on the market for those seeking an active investment with high potential for appreciation. Payment is made via a 2000 EUR deposit and 100% upon signing the notary deed of ownership. This is a quick transaction. This property, with an annual maintenance fee of 490 EUR, and payment of a 2000 EUR deposit with 100% upon signing the notary deed of ownership, is an excellent choice for those looking to enter the Bulgarian real estate market with minimal initial investment and the potential for significant appreciation through their own efforts. It's ideal for securing passive income after completing the renovation. The complex is commissioned (Act 16).