Gallery
Details
- Property ID C-63
- Status Active
- Type Complex
- Location Tsarevo, Bulgaria
- Distance from sea 1 m
- Price N/A
- Price/m2 N/A
- Area N/A
- Interior area N/A
- Exterior area N/A
- Year built N/A
- Floor number 0
- Floor count N/A
- Living rooms N/A
- Bedrooms N/A
- Bathrooms N/A
- Storerooms N/A
- Lavatories N/A
- Other N/A
Documents
- In Construction
- Completed
- Before completion
- Off-plan
- Building suspended
- Sold
- Act14
Description
Tzarevo Cliffs resort is superbly situated on cliff tops near the traditional fishing village of Tzarevo, only 45 minutes from the international airport of Burgas.
The region benefits from the longest summers and the best climate in Bulgaria with summer air temperatures ranging from 23°C to 30°C and water temperatures between 20°C to 28°C. There are over 240 hours of sunshine in the months of May and September, and over 300 in July and August. The area is renowned for its deep-cutting coves, rugged shorelines, wooded hills and romantic peninsulas. The lush vineyards and traditional fishing towns lend area an atmosphere that is unique on the Bulgarian Black Sea coast.
Nestled on the dramatic cliffs of the Black sea and framed by the foothills of the Strandzha Mountain, Tzarevo Cliffs is suspended between crystal waters and blue skies and benefits from superb sea and mountain views.
The traditional fishing village of Tzarevo is only a 5 minutes stroll away with its thriving bars and fish restaurants, which are deservedly renowned as the best in the region.
The Resort:
The project was developed with the aim of achieving the perfect balance between authenticity and luxury. The 230 apartments of the resort are located on 5 acres of terraced land with dramatic cliff views overlooking the Black sea and sandy beaches of the village. The resort is integrated into the beautiful natural setting of the Black Sea cliffs offering exclusivity and peace and quiet for perfect relaxation.
The resort features a swimming pool, two infinity pools, a multi-purpose (tennis, volley ball, football, basketball etc.) court, and a health and beauty spa with a state of the art gymnasium, bars, a full service restaurant, cafeterias, a minimarket, a kindergarten, a doctor’s clinic.
The Accommodation and services:
We are offering a wide choice of studios, one, two and three bedroom apartments finished to the highest standards as well as a wide variety of exclusive services that will match all your requirements for comfort and safety.
The Buildings:
All buildings offer a combination of 1, 2, 3 bed apartments and a limited number of 2-bed duplexes. These luxury apartments offer sweeping views of the Black Sea. The apartments combine fantastic interior with large balconies directly overlooking the cliffs. An outdoor infinity pool is directly accessible from The Cliffs.
The Apartments:
Our apartments are comfortably furnished with well-equipped kitchens, sun terraces with BBQ facilities. Over 90% of apartments offer stunning sea views.
A limited number of duplex apartments are also available with bedrooms on the top floor and the lounge and dining areas located on the entrance floor. Both floors have large terraces with great views across the resort and to the sea.
Furniture
Different furniture packs are available and upon buyer’s request the apartments can be catalogue-furnished for additional payment
Leisure for All:
Your time at Tzarevo Cliffs can be as active or as relaxing as you like. You can to fill your day with a wide choice of leisure activities on offer.
You can explore the beautiful local countryside - whether by mountain bike, foot, horseback, boat or car. The traditional fishing village of Tzarevo, which offers a treasure trove of local colour, history and culture, is a few minutes stroll away. In Tzarevo you will find a wide choice of restaurants, bars and shops while the vibrant town of Lozenets with its beach bars and nightclubs is within easy reach of the resort.
Of course, you can choose to simply relax poolside, head down to the beach, or pamper yourself with a treatment at the Spa centre.
Swimming Pools
The main pool is an open-air swimming pool in the centre of the resort different depth sections to cater for swimmers of all ages and abilities. Alongside this pool, various bars will offer sun-kissed drinks, snacks and ice creams.
There are another two infinity pools with views over the sea.
Beaches
To the North, the resort has direct access to a tranquil beach set against a stunning backdrop of cliffs, and to the South Tzarevo’s main beach is only a few hundred metres away. Lozenets, located approximately ten minutes by car or shuttle bus from the resort also has a large beach offering multiple water activities as well as restaurants and bars.
Tennis and multi-sports pitch
The resort has its own tennis court available to all the residents of the resort. A multisports pitch for football, handball, volley-ball etc. is also available for the more active residents.
Hill Walking & Trekking
The hills surrounding the resort offer some excellent walking country and many stunning views.
Mountain Biking & Cycling
Cycling is one of the healthiest and most exciting ways to discover the area surrounding Tzarevo.
Water Sports
Many of the beaches near the resort offer multiple water-based activities waiting to be tried: sailing, windsurfing, snorkelling, boat trips, jet-skiing, kite surfing
Resort Shopping
The resort shop will offer all the necessities for the family, from food and drinks to basic medical supplies and fresh fruit.
High Street Shopping
The villages of Tzarevo and Lozenets (10 minutes away) offer plenty of boutiques as well as small shopping centre where you will find everything you may be looking for.
Medical Services
The resort will have its own GP doctor and nurses during the summer months to attend the needs of the residents and recommend treatment when necessary.
7). Investment opportunities / Property management / Mortgage / Payment plan
Our services, Buyer’s guide:
-We offer Maintenance and Management of individual apartments
-Common area management
How to invest
Investing with Tzarevo Cliffs is easy and involves a few simple steps. Once you have located the property of your choice, you will either sign a reservation agreement or directly enter into a preliminary sales contract.
The benefit of the reservation agreement is that it gives you the opportunity to book your property immediately with only Euro 1,500 deposit. You then have 31 days to review the legal documentation, consult with your lawyers and return the signed paperwork to us.
The Preliminary Sales Contract is the only document that you have to sign. The contract is in both English and Bulgarian.
Banks mortgage at credit rate around 7%. Mortgages can be arranged in Euro.
The payment structure for purchasing a unit is as follows:
- 1500 Euro reservation fee
DOWN-PAYMENT At signing | 2ND PAYMENT Rough construction | 3RD PAYMENT Roof | FINAL PAYMENT Upon delivery | DISCOUNT | |
OPTION 1 | 30% | 0% | 0% | 70% | 0% |
OPTION 2 | 30% | 0% | 40% | 30% | 2% |
OPTION 3 | 70% | 0% | 0% | 30% | 4% |
OPTION 4 | 80% | 0% | 0% | 20% | 6% |
OPTION 5 | 90% | 0% | 0% | 10% | 8% |
Strengths
A prime, front-line location situated on the cliffs of Tzarevo with exceptional sea views
The resort is located about 45 minutes from Burgas International Airport on the Southern Black Sea Coast, at the foot of the Strandja Mountain
A high quality holiday resort offering all services and amenities
New sewage/water infrastructure owned by Pilot OOD and 2 neighbour developments is under construction differentiates the project from a large number of competitors on Black Sea Coast with limited infrastructure (roads, sewage, water, electricity etc.)
The region is much less developed than Sunny Beach and Nessebar - similar to Costa del Sol
Development of the area began recently with developers looking to build higher quality closed resort-type developments which will give the whole areas an ‘’up market’’ value
Warmer climate than areas further north near Varna, longer summer
Bulgaria is one of the most affordable holiday destination in Europe (dinner for 4 can cost as little as Euro 16) and comparable quality second homes are still at a discount to Spain/Greece
Weaknesses
Bulgaria is regarded as “cheap” destination and government PR/advertising to improve the image remains limited leaving Bulgaria primarily as a destination for lower income families
Lack of extra leisure activities (although golf courses, spas, cultural tourism etc. are being developed)
Relatively low quality of service compared with more established destinations (Greece, Spain)
Opportunities
Positioning Bulgaria as a tourist destination for higher spending tourists
Attract expanding Balkan middle class (Bulgaria, Romania, Macedonia, Serbia, Northern Greece etc.) as well as existing local and foreign tourists (Russia, Scandinavia)
Attract increasingly affluent Bulgarian expatriates spread across Western Europe
Improved efficiency of the tourist’s sector by using natural landmarks and human resources
Improvement of the infrastructure (Bulgaria to receive Euro 1.63 bn in EU funds for infrastructure development between 2007-2013) and introduce innovative products
Local banks have begun offering mortgages to foreign buyers
Threats
Negative publicity/word of mouth from poor holiday experiences in Bulgaria
Overdevelopment of Tzarevo region
Expansion of other sea side resorts in Bulgaria
Continued economic downturn putting pressure on the second-home market