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HEAD OFFICE - IMPERIAL DEVELOPMENTS LTD.
Imperial Hotel, 8240 Sunny Beach, P.O. Box 57
tel: 00359 554 2 52 25
00359 554 2 52 26
fax: 00359 554 2 52 27
mob: 00359 887 37 10 10
E-mail: info@imperial-developments.com
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Find out more in relation to additional purchase costs, maintenance fees and letting fees.
How much will the additional costs be approximately?
Architects, lawyers, accountants, etc – are optional, normally not needed
Transfer tax – 2% (stamp duty)
Notary fee (approx) – 0.5 %
Registration fee – 0.1 %
POA & Admin Charge (Optional) - 0.5%
These fees are charged on the value on the apartment.
How is the maintenance charge determined?
This is calculated by the number of square meters of built up area plus common area. Typically this cost is between €6 and €12 per square metre.
If property is to be let, what is the cost of the letting fee?
The letting fee will be determined by the contract we take with the tour operator, for example: if the tour operator wants the rooms changed every day, there will be a different price. The investors are not obliged to rent their apartment. The rental yield that we offer will be net of all management and rental fee’s.
What is the approx. net % rental yield for the apartments?
The approximate gross % rental yield is averaged between 6% & 10% per annum.
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