Tuesday, September 4, 2007

Fractional Ownership launched at The Vineyards resort, Black Sea Coast Bulgaria

Apartments available from £9290 or 13,866 euros*

Fractional Ownership launched at The Vineyards resort, Black Sea Coast Bulgaria.

*based on 4 owners each with 13 weeks use per year.



Fractional ownership has been available for a number of years to consumers interested in purchasing a share in a yacht or a private jet, as an alternative to the financial responsibility of a complete purchase. In the last couple of years fractional ownership schemes have also become popular in the UK for first-time buyers. Trying to get onto the first rung of the property ladder, in a market that has seen such astronomical growth in the last decade, some first-timers would have effectively been priced out of the market without the availability of shared-ownership schemes. Growing in popularity, the concept has being adopted for a wide array of products, including sports cars, night clubs and even designer hand bags, all keen to attract a new breed of buyer who wants a slice of the action without the cost of full purchase.



For those interested in property overseas, fractional ownership enables investors to build a broader portfolio of properties, spreading their interests across numerous countries, without the same level of financial commitment required for full ownership.

The Vineyards is a 5 Star luxury development with fantastic, panoramic views of the Black Sea and will feature spa and leisure facilities, 4 acres of vineyards and access to golfing, horse-riding and tennis. It is only 15 minutes drive from Bourgas Airport and 10 minutes from Nessebar and Sunny Beach.

Having just launched a fractional ownership scheme it offers buyers the following benefits:

  • Studio apartments from £9,290 / 13,866 euros; 1 bed apartments from £14,298 / 21,341 euros; 2 bed apartments from £19,077 / 28,473 euros

  • Each apartment is shared by a maximum of 4 owners – giving 13 weeks use per year. (More that 1 share of an apartment could be purchased by an owner i.e. 2 shares would equate to 26 weeks use per year)

  • Each apartment is fully furnished and notary taxes and legal fees are included

  • The scheme still enables owner to benefit from any capital increase on the property

  • Owner is fully entitled to sell their property share on at a future date

  • Owner is able to rent property out, to maximise return on investment if they do not envisage being able to use the property for the full duration of their share

For further details please contact 00441525 712030 or visit http://www.bulgarian-property4u.com/



Tatyana Kratunova


Contributed By : Tatyana Kratunova

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