PHASE 1 of a project for the construction of 4 luxury houses in Trakata district - Varna
PHASE 1 of a project for the construction of 4 luxury houses in Trakata district - Varna
New investment opportunity:
Project in the city of Varna in an extremely attractive area - Trakata/Evksinograd, right next to the seashore.
Our main goals:
- Investment in the development of modern 3 or 4 single-family buildings in a top area of Varna.
- Extremely short period of implementation of the investment, 14 months.
- Big return, fixed yield 18% for the project period.
Project description
Implementation of PHASE 1: Preparation, planning, design, coordination and opening of a construction site for the construction and realization of 3 or 4 luxurious and modern single-family residential buildings (house) with a built-up area of 300 sq. m, which will be located on a plot of land measuring 1700 sq.m. in the area of Trakata/Evksinograd near the seashore.
The development of the entire project will include 2 phases:
Phase 1 will involve raising funds for the purchase of part of the land, designing the buildings and coordinating the individual parts of the project, and is in the amount of 100,000 euros. Project duration for all participants in phase 1 is 14 months and yield 18%
Phase 2 includes: the raising of funds for the construction of 3 or 4 modern, luxury buildings to the level of completion BDS, landscaped yard according to the project, fences around the complex. Project duration for all participants in phase 2 – 14 months and yield 16%
The area is located in the northern part of Varna and is a top location for anyone who wants to have a house around the maritime capital a few meters from the sea.
The area is famous for its attractive location and modern and expensive houses, making it one of the most sought-after places in Varna to buy a new property. Here you can be close to the city, get the luxury and comfort you need, but at the same time enjoy all that nature has to offer.
The locality also has its own beach - Trakata - a picturesque place in the form of a bay with about 200 m of beach, bordered by a beautiful grove, shallow calm waters and a pier forming a small fishing pier.
The complex will be located in the most preferred place to live in Varna - the Trakata area, no more than 15 minutes by car from the center of Varna.
Trakata is a district of Varna, located along the entire route of the main road between the district of Briz and Golden Sands, north of the Evksinograd residence and the resort of St. St. Constantine and Elena. It borders on the district of Vinnytsia.
The neighborhood is bordered to the south by the main road Varna-Golden Sands, and to the north by the international road Varna-Durankulak border crossing.
Project characteristics
- Category - Loan
- Interest: interest for the duration of the project – 14 months: 18.%
- Project value: phase 1: EUR 100,000
- Project value: phase 2: EUR 300,000
- Minimum investment from one investor: €3000
- Minimum amount required to start the project under phase 1 is: € 40,000.
- The rest will be financed by the company that owns the project.
- Frequency of payments – once after completion of the project term or 14 months
- Duration: phase 1 is 14 months
- Country: Bulgaria
- City: Varna, Trakata area.
The project consists of the construction of 3 or 4 single-family houses with their adjacent infrastructure and yard.
1st level - living area 65 sq.m. with kitchenette, bathroom and bathroom 4 sq.m., entrance hall 4 sq.m. (total 88 sq.m.) and veranda 12 sq.m.
2nd level - 4 bedrooms, 4 bathrooms and toilets, corridor and 2 terraces with a total area of 135 sq.m.
Basement: Double garage with an area of 45 sq.m., gym (tavern, game room, office) with an area of 20 sq.m., bathroom and wet room - laundry room with a total area of 75 sq.m.
Rooftop space for spa and pool and bar.
Each of the houses has a total area of 300 m2, located in a separate yard.
Yard: Each house has a separate yard for individual use, leveled, grassed, and an automated irrigation system installed. Built outdoor terrace with laid flooring of decking made of composite wood according to architectural design, possibility of a pool.
Level of completion :
20 cm thick floor slab with laid cement screed. On the terraces, thermal and waterproof insulation and decking made of composite wood in teak color, according to the architectural project, have been laid. In the garages, a wear-resistant, polished floor made of polished concrete is installed.
Yard space - landscaped according to the project and surrounded by a fence
Joinery: Fitted front door with veneer and automated sectional garage door with remote control.
Facade: according to architectural design
Degree of completion BDS.
Specification:
- Reinforced concrete construction - concrete class C20/25 according to BDS
- Wineberger's Porotherm brickwork
- Pitched roof covered with Bramak tiles.
- Roof waterproofing system Bramak, thermal insulation wool to achieve maximum energy efficiency.
- Pipes and gutters for roof drainage - aluminum
- The thermal insulation system of the building will be filled with a thermal insulation package with a thickness of 15 cm along with all putty mixtures and mineral silicone plaster of the French market leader SOFRAMAP
- Cladding of the facade - natural stone
- Under-window tops window frames - natural stone
- Five-chamber German PVC joinery by REHAU with low-emission glass - energy saving
- installation - switches, sockets and fuses from Schneider Electric
- Entrance door - massive with a built-in thermal insulation package
- Landscaping by design.
- Light construction type fence with a hedge of the entire complex
- Vertical layout and layout of common areas and approaches with selected pressed pavers and natural stone
- Power supply and VIK power supply and sewerage according to the project
- Knauf machine plaster on walls and ceilings
- Leveled cement screed
- VIK installation of the plug
- All other facilities and implementations and configurations will be implemented by design.
Project initiator: Gekos Limited EOOD, EIC: 201832450, Headquarters and management address: BULGARIA, Sofia, Sredets district, 16A PATRIARCH EVTIMIY Blvd., entrance. 1, fl. 1
Gekos Limited EOOD will be the owner of the investment project, i.e. of the single-family building and adjacent areas. This company will raise the funds to finance the project.
Gekos Limited EOOD will conclude a contract for the construction of the buildings with a construction company up to the stage (including): Permit for use.
The price of the construction will include all costs for the construction of the house according to BDS, plan and description in the specification + everything: architectural projects, permits, communications fees up to the use permit.
- 14 months fixed firm return 18%
- Minimum investment from one investor: €3000
- Minimum amount needed to start the project: €100,000
Specification of the family house:
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Living area: 300 m2
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Number of floors: 2 + basement and roof space
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Number of bathrooms: 5
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Number of toilets: 5
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Number of bedrooms: 4
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Ceiling height: 2.80 m
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Number of garages: 2
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Pantry/wet room
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Wardrobe
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Living room with kitchenette
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Swimming pool
| Capital required for financing | €100000 |
| Minimum investment | €3000 |
| Land acquisition costs | €80000 |
| IBAN (BGN) | ......................... |
| Expense for the purchase of real estate | €40000 |
| Fee for publishing in Spotfinance | 6% |
| Expected sales revenue | €140000 |
| Expected profit | €38000 |
| Return on investors | 18% |
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