Rockarch Estates are pleased to have been appointed as an agent for the sale of 107 fully finished (optional furnishing at extra cost) 1- and 2-bed apartments in the front line sea view complex “Bay View” in the town of Tsarevo. Exactly as the name suggests, Bay View is uniquely positioned on a small peninsula in Tsarevo and overlooks 2 of the most beautiful bays on the Black Sea South Coast Riviera. From its front line position you can enjoy the crystal clear waters lapping the pure white sand of the beach, whilst being nestled amongst the nature of the woodland area in which the project is set. The complex will be completed for the autumn season of 2008.

General Information
Typical for this region of the South Coast of the Black Sea is a wonderful blend of nature’s greens and blues, land and sea in perfect harmony. The development itself is a sublime blend of contemporary architecture offering 107 superbly appointed apartments, each of which comes with a dedicated parking space. The development facilities consist of a luxury restaurant with its own elevated view to bay and the town of Tsarevo, gym zone and a trendy Internet cafe. Encompassed within the building’s architecture is the wonderful ellipse shaped outdoor pool and chill out bar area.

For those in the know, Bay View is without doubt a unique and amazing investment opportunity providing a great place for you and your family to enjoy, combined with superb future potential for both capital growth and income.

The Location
The town of Tsarevo is situated in the southern part of the Bulgarian Black Sea coast, 30 minutes drive from the city of Burgas and its international airport, which provides charter flights to and from many worldwide destinations. The complex is located in the first row of buildings on the coastline in Tsarevo – a 2 minute walk to the beach. Tsarevo lies on 2 small peninsulas bordering 4 tranquil beaches on the one side and Strandja Mountain National Park on the other. The town offers the unique combination of splendid unspoiled nature of the surrounding mountains, rivers and forests, the crystal clear sea with its wide gold sand beaches, ancient history and back in the past traditions that can make your holiday worthwhile and unforgettable.

The location of Tsarevo provides excellent conditions for hiking, biking, horse riding, off-road and eco-route tours, hunting and fishing. There are also lots of aquatic sport activities that one can enjoy: surfing, yachting, sailing and diving in the azure waters of the Southern Coast of the Black Sea.

The town of Tsarevo is far from the noisy, bustling city life and the overcrowded popular summer resorts. Here one can find a quiet place to enjoy their holidays, as well as excellent conditions for sports and recreation, cafes, restaurants, pizza restaurants, discos and shopping areas. On the other hand, the mountain preserves lots of caves, traces of ancient civilisations, such as stone figures, sun discs carved in stone, Thracian dolmens, fortress walls and sanctuaries. Mount Papiya, in the south of the town, offers an additional tourists’ attraction with the ruins of an ancient fortress. The hospitality of the friendly local people and the delicious Bulgarian cuisine, as well as the authentic Bulgarian folklore and dancing on live embers are one of the emblematic symbols of the town.

Places of Interest
When you get to Tsarevo, aside from the wonderful beaches and deep blue warm seas, it is worth spending a day away from the beach, deep into Strandja Mountain. The mountain was declared as a natural park in 1995 (in fact being the largest one in Bulgaria) and is one of the least explored, which explains the richness and diversity of its wildlife. There are many historical sites which entice you to endeavor to raise the mysterious veil which covers them albeit slightly:
Beglik Tash – the Bulgarian Stonehenge
The village of Bulgari – and the famous fire-dancers
A plunge into the most fascinating of mysteries
A journey back in time

Distance from
Bourgas International Airport - 70 km (around 30 minutes drive)                                         
Instanbul – 350 km to the south (around 60 km to the Turkish border)

Completion Date: Autumn 2008
Property Type: Residential seaside apartments 
Completion Stage: Finishing works 
Apartment Type: 13 studio; 79 - 1-bedroom; 15 - 2-bedroom  
Size:  60.93 m² - 127,67 m²

Facilities

• Reception
• Lobby bar
• Swimming pool
• Spa Centre
• Glass ceiling panoramic restaurant
• Large common roof top terraces
• Internet café
• Multifunctional/conference hall
• Fitness
• Underground parking
• 24 hours security and CCTV

Competitive Advantages

• Beach front property between 2 peninsulas with view to the sea
• Direct access to the beach
• Glass ceiling panoramic restaurant
• Underground parking slots included in the price of every apartment
• A new law, effective from 1st January 2008, prohibits any construction that is less than 100 meters from the sea, which allows more ecological, specious and splendid rest
• Unique combination of nature, crystal clear sea, history and ancient traditions and you can even catch a glimpse of black sea dolphins
• Unique subtropical climate - up to 6-months long summer about 1,700 hours of sunshine from May to October - and milder winter
• Higher sea and weather temperatures in respect to the north
• The only water purifying station in the region
• The cleanest sea waters of the whole Black Sea coast (scientific examination)
• Variety of aquatic and mountain activities for every taste  
• About 30 minutes drive from Bourgas International Airport
• A professional management company is ready to provide Furniture, Property Management and Rental Management services
   

Property Management

Technical and administrative management

• Setting and maintaining of the internal rules and regulations of the building
• Providing indoor and outdoor security of the building /security and access control/
• Controlling the use and preservation of the property /keeping records and testing all electric appliances and equipment/
• Providing cleaning and sanitation services for the complex and common parts of the building /cleaning, disinfection, pest and vermin control/
• Management of apartment keys
• Checking apartment security - doors, locks and windows
• Collecting and/or forwarding the mail to an address of your choice
• Payment of monthly utility and telephone bills for the common areas
• Technical maintenance of the common installations and facilities /lift, fire alarm, heating and air-conditioning/
• Technical maintenance of common areas and premises
• Maintenance of the green area, parking lots and yards including pools and playgrounds
• Cleaning common areas
• 24 hours security and concierge
• Air-conditioning, heating of apartments; switching on the water-heater
• City map
   

Letting Company
Apartment owners can take advantage of the services of a letting company to make additional profit on their property, apart from the capital gain. The main office of the letting company will be located in the resort. The following is a typical list of duties carried out by the letting company:

• Servicing, cleaning of rooms, changing of towels (depending on the requirements of the tour operator)
• Electrical, plumbing and all other minor repairs
• Maintenance of furniture and fixtures within the apartment
• Meter readings for water and electricity
• Transfer of rent received to an account specified by the client
• Marketing budget for the development
• The letting company can organize the payment of the yearly property tax and this can be deducted from the rental income