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Garden Palace

Last Updated: more than 2 weeks
Maintenance tax
8.00 €/m2
Number of apartments
  • No buyer fees
  • Public sale
  • Low-priced
  • Brick
  • Air-conditioning system
  • Controlled Access
  • Terrace
  • New windows
  • Sauna
  • Jacuzzi
  • Swimming pool
  • Golf
  • SPA
  • Second sea line - up to 700 m
  • Hunting & Fishing

The complex is located only a few minutes away from Balchik's centre and the beach, in immediate proximity to the unique Botanical Gardens and the Palace of the Romanian Queen Maria.

Layout: It has an enclosed structure and unbelievable panoramic view to the sea. The complex consists of two buildings, integrating six sectors in a common park area. The built up area is 1518 sq. m. The residential complex includes 98 functionally designed apartments geared to the requirements of the most demanding of customers, along with underground garages, a car park, a swimming pool, spa centre and 24-hour security.

The property offers the following advantages:
- Near 3 golf courses
- Natural environment setting
- A good investment
- Completely finished and furnished

Features: The buildings are going to be constructed with:
- Monolith structure with concrete-steel plates.
- The roofs are sloped and covered in tiles.
- The facades are going to be covered in facia stone wood and mortar.
- Staircase – ceramic granite tiled floors with wooden banisters
- PVC double - glazed windows with dark oak coloured frames
- Indoor premises: - Floor – laminate and ceramic granite tiles
- Walls – latex
- Bathroom and toilet – sanitary wall and floor tiles; a hot and cold water mixing battery; a water heater; electric fan.
The price includes the complete furnishing of apartments. Designer furnishing solutions are optional at extra payment.

- Underground garages
- Car parking places
- Swimming pool
- Spa centre
- 24-hour security.

Date of completion: 06.2010

Maintenance of the complex: The maintenance of the complex is an obligation of the investor. For that the apartment owners have to pay a one-year maintenance fee which will be used for maintenance of the communal parts of the buildings and the whole complex, maintenance of the swimming pools, year round security, use of the swimming pools, lighting of the communal parts of the complex.

Payment plan: Reservation fee – 2000 EUR Standard option:
• 30% on signing a preliminary contract
• 40% on completion of the roof
• 20% on completion of rough construction
• 10% on transfer of ownership /the reservation fee is deducted/

Investment plan / 4% discount /
• 60% on signing a preliminary contract
• 30% on completion of rough construction
• 10 % on transfer of ownership / the reservation fee is deducted /

Investment plan / 7% discount /
• 90% on signing a preliminary contract
• 10% on transfer of ownership / the reservation fee is deducted/

Mortgage loan
• 20% on signing a preliminary contract / the reservation fee is deducted /
• 80% from the bank/the mortgage loan

Other details:
Notary transfer fees – 4%
Prices are inclusive of VAT
The apartments’ areas include common parts.

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