The process of buying property in Bulgaria is becoming ever simpler and speedier, as the market matures and so too does the confidence of overseas buyers. yooBulgaria this month introduces new payment terms requiring just a 2.5% deposit.

Current prices at yooBulgaria>Obzor start from just £46,000 (€68,250) – which means a deposit of just £1,150. Unlike other payment terms in Bulgaria which have many complicated stages, here there are just three stages. An initial deposit of 2.5% of the pro
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The process of buying property in Bulgaria is becoming ever simpler and speedier, as the market matures and so too does the confidence of overseas buyers. yooBulgaria this month introduces new payment terms requiring just a 2.5% deposit.

Current prices at yooBulgaria>Obzor start from just £46,000 (€68,250) – which means a deposit of just £1,150. Unlike other payment terms in Bulgaria which have many complicated stages, here there are just three stages. An initial deposit of 2.5% of the property price, (refundable within 28 days). Then 7.5% of the value is due in progress and the final 90% is paid upon completion.

For those purchasing as an investment, yooBulgaria is offering a rental guarantee of 5% net per year for two years and subsidised viewing trips are also available.

To give further confidence, yooBulgaria>Obzor apartments are being sold through Knight Frank, one of the world’s best-known property agents.

Visits to the yooBulgaria>Obzor site are now even more exciting with the addition of the show apartment. The apartment on the second floor of Alta is now complete and showcases the Glow style throughout with the exception of the second bedroom finished in Dusk.

yooBulgaria's Marketing Director Charlotte was on site applying the finishing touches last week "From breaking soil to this - what an achievement for yooBulgaria. To actually have a beautiful show apa
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Visits to the yooBulgaria>Obzor site are now even more exciting with the addition of the show apartment. The apartment on the second floor of Alta is now complete and showcases the Glow style throughout with the exception of the second bedroom finished in Dusk.

yooBulgaria's Marketing Director Charlotte was on site applying the finishing touches last week "From breaking soil to this - what an achievement for yooBulgaria. To actually have a beautiful show apartment within the main building itself - as opposed to a mock up - is quite something. This just shows the rate in which developments have been moving on. We are really looking forward to welcoming clients to the site now. I can't wait for them to experience sitting in the lounge or in the bedroom with those amazing fully opening patio doors swept back just gazing at the sea."

For further information regarding subsidised site visits please contact our Sales Director Alastair Parsons +44 (0) 7974 949338 or Dan Force at Knight Frank on +44 (0) 20 7861 1518 .

Latest Site Images

36º TEMPERATURES CONTINUE on Bulgaria's Black Sea coast and the hardworking team on-site have been using their breaks to take a well earned dip in the crystal clear waters of Obzor's beautiful beach.

As you can see from the images, work is moving at a fast pace and the site is looking breathtaking. The yooBulgaria>Obzor show apartment will be ready during July and the team at yooBulgaria look forward to welcoming you to the site so you can take in the beauty for yo
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Latest Site Images

36º TEMPERATURES CONTINUE on Bulgaria's Black Sea coast and the hardworking team on-site have been using their breaks to take a well earned dip in the crystal clear waters of Obzor's beautiful beach.

As you can see from the images, work is moving at a fast pace and the site is looking breathtaking. The yooBulgaria>Obzor show apartment will be ready during July and the team at yooBulgaria look forward to welcoming you to the site so you can take in the beauty for yourself and get a feel for what beach-front living is all about.

yooBulgaria WELCOMES NEW SALES OFFICE MANAGER

Vesi Ivanova is the new Sales Office Manager for yooBulgaria looking after our clients at our office in Varna and the team at yooBulgaria are delighted to welcome her.

Vesi is a graduate of the Moscow State University where she gained her Masters Degree before pursuing a career in Broadcast Media, working for BBC London and covering the 1994 NATO Summit in Washington.

Married life saw her career change to a position of Guest Relations Offi
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yooBulgaria WELCOMES NEW SALES OFFICE MANAGER

Vesi Ivanova is the new Sales Office Manager for yooBulgaria looking after our clients at our office in Varna and the team at yooBulgaria are delighted to welcome her.

Vesi is a graduate of the Moscow State University where she gained her Masters Degree before pursuing a career in Broadcast Media, working for BBC London and covering the 1994 NATO Summit in Washington.

Married life saw her career change to a position of Guest Relations Officer on the American Cruise Line Company where she spent 5 years before finally settling in property.

Now back in her home country of Bulgaria with her Husband and 12 year old son, Vesi has exactly the customer serviced focused approach and experience key to the yooBulgaria team and has a acquired quite a bilingual tongue over the years. Vesi speaks English, German, Russian and Spanish.

Vesi said she is honored to be part of the yooBulgaria team and is looking forward to meeting clients old and new at the office, 21 Maria Louisa Boulavard, Varna, Bulgaria.

36º TEMPERATURES CONTINUE on Bulgaria's Black Sea coast and the hardworking team on-site have been using their breaks to take a well earned dip in the crystal clear waters of Obzor's beautiful beach.

As you can see from the images, work is moving at a fast pace and the site is looking breathtaking. The yooBulgaria>Obzor show apartment will be ready during July and the team at yooBulgaria look forward to welcoming you to the site so you can take in the beauty for yourself and get a feel for
More...

36º TEMPERATURES CONTINUE on Bulgaria's Black Sea coast and the hardworking team on-site have been using their breaks to take a well earned dip in the crystal clear waters of Obzor's beautiful beach.

As you can see from the images, work is moving at a fast pace and the site is looking breathtaking. The yooBulgaria>Obzor show apartment will be ready during July and the team at yooBulgaria look forward to welcoming you to the site so you can take in the beauty for yourself and get a feel for what beach-front living is all about.

Continued sunshine on the Black Sea coast has enabled the yooBulgaria>Obzor team to further their hard work at a rapid rate. Developments remain ahead of schedule. Unique Developments' Project Director Tim Ashton said "We now have the entire main frame concrete works completed and work on the spa and underground parking is surging ahead. The apartment dividing walls are well advanced as is the west facade. All the window installations have now commenced so has the completion of the roofs. All in all the contractors are moving o
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Continued sunshine on the Black Sea coast has enabled the yooBulgaria>Obzor team to further their hard work at a rapid rate. Developments remain ahead of schedule. Unique Developments' Project Director Tim Ashton said "We now have the entire main frame concrete works completed and work on the spa and underground parking is surging ahead. The apartment dividing walls are well advanced as is the west facade. All the window installations have now commenced so has the completion of the roofs. All in all the contractors are moving on at an astonishing speed. We are sure you will agree from the images, the development is really taking shape. When you get to spend your working day taking in this view, work becomes more of a joy."

As Bulgaria celebrates its first month of EU membership, the Bulgarian property market is maturing, with new developments coming onto the market at a level of quality and design not previously seen in the country. One such development is yooBulgaria’s scheme in the Black Sea riviera town of Obzor, a unique development of high specification apartments with prices starting from €55,500 (£37,000).

Forecasts for Bulgaria’s property market are buoyant following the country’s entry into the EU, with the property boom set to continue. EU membership will also pro
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As Bulgaria celebrates its first month of EU membership, the Bulgarian property market is maturing, with new developments coming onto the market at a level of quality and design not previously seen in the country. One such development is yooBulgaria’s scheme in the Black Sea riviera town of Obzor, a unique development of high specification apartments with prices starting from €55,500 (£37,000).

Forecasts for Bulgaria’s property market are buoyant following the country’s entry into the EU, with the property boom set to continue. EU membership will also provide increased confidence for overseas buyers, as well as more stable economic conditions, making it all the more attractive to UK investors and holiday home buyers alike.

Paddy Dring, Head of International Residential, Knight Frank, yooBulgaria sales agents comments: “Now that Bulgaria is part of the EU, the credibility of the country’s property market will further increase. We predict potential double digit rises over the next two years. In addition, the long term benefit is the maturing of the market, which we are now beginning to see. Previously the majority of UK buyers in Bulgaria were purchasing for investment, however with increased confidence in the market, there will be an increase in the number of people buying holiday homes for personal use. Hand in hand with this, the quality and specification of developments and the facilities offered are improving and this is why design-led schemes, such as yooBulgaria>Obzor, are now viable.”

yooBulgaria brings together for the first time three companies with the vision to introduce sophisticated style and architectural flair to Bulgaria. YOO, the design-led developers launched by John Hitchcox and Philippe Starck, Bulgaria specialists Unique Developments and award-winning architects Diamond + Schmitt are working together to create a destination which combines exciting design and an affordable investment opportunity, in a region with vast potential.

John Hitchcox, Chairman of YOO, comments: “yooBulgaria>Obzor is one of the first of a new generation of developments in Bulgaria, which is on a par with any of the world-class developments built in more established overseas locations. Obzor is one of the gems of the Black Sea coast, and in this picturesque location we’re excited to be creating these apartments, which combine cutting edge architecture with all the facilities you will need to create a wonderful holiday lifestyle.”

Obzor is an unspoilt seaside town popular with Bulgarians but little known outside of Bulgaria. Its major draw is its white sandy beach which gives way to the crystal clear waters of the Black Sea. Rising up from a secluded stretch of the beach, yooBulgaria’s>Obzor apartments command impressive sea views. The scheme provides 257 stylish new studios, one, two and three bedroom apartments, duplexes and penthouses located in four six-storey apartment buildings on the beachfront.

The complex, set within extensive private landscaped gardens, has its own swimming pool, spa, tennis courts, child-friendly pools, play areas and gym, and is within easy reach of local restaurants, bars and shops. The buildings are positioned around open courtyards facing the sea with walkways leading directly to the beach.

The apartments have a contemporary, open-plan design, each with its own private outdoor terrace, with the indoor space flowing seamlessly into the outdoor. The apartments feature the innovative design which YOO is well known for; buyers have a choice between two standard interior finishes: Dusk and Glow.

Construction of yooBulgaria>Obzor is now underway and the first phase is due for completion in Autumn 2008.

For sales enquiries, contact Sarah May-Brown at Knight Frank International Residential on 020 7629 8171.

For further press information please contact Clare Slack at our press office:

TTA Group:

Tel: 020 7886 0308

E-mail: cslack@ttagroup.co.uk

Bulgaria’s Black Sea Coast has long been the playground of Eastern Europe. Only recently has its charms been discovered by those in the West who flock to the resorts’ pristine beaches. The area now attracts hundreds of thousands of foreign visitors each year who find the mild climate and inexpensive prices to be a compelling attraction. YOO and Unique Developments are now building an exciting development in the coastal town of Obzor that offers a selection of high-specification, design-led apartments that aims to be the first of its kind.

Obzor was known to the Greeks as Helipolis, or
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Bulgaria’s Black Sea Coast has long been the playground of Eastern Europe. Only recently has its charms been discovered by those in the West who flock to the resorts’ pristine beaches. The area now attracts hundreds of thousands of foreign visitors each year who find the mild climate and inexpensive prices to be a compelling attraction. YOO and Unique Developments are now building an exciting development in the coastal town of Obzor that offers a selection of high-specification, design-led apartments that aims to be the first of its kind.

Obzor was known to the Greeks as Helipolis, or City of the Sun and was a fortified trading settlement during the Roman era. The ruins of the Temple of Jupiter are part of the town’s large park, just off the main square. Obzor is popular with Bulgarians who flock to Obzor’s white sandy beach but is little known outside of Bulgaria’s own borders. yooBulgaria aims to change this by building one of the most innovative developments ever seen in the region.

YOO believe that Bulgaria is one of the most exciting property frontiers in the world today. As YOO’s first foray into Eastern Europe, the location, product and design had to be just right. By combining forces with Unique Developments, Diamond + Schmitt Architects and Knight Frank, YOO feels it can offer the interior design flair and high specifications for which it is renowned. Over the next several years, this ‘A’ list of property specialists will bring the most exciting developments ever seen in Bulgaria to the market.

Nestled along a pristine beach, is the unspoilt seaside town of Obzor. Rising up from the white sands is yooBulgaria’s Obzor apartments. Striking in design, these modern apartments maximise Bulgaria’s plentiful sunshine. Each of the 257 studios, one-, two-, and three-bedroom apartments and premium apartments will feature YOO’s innovative interiors with a choice of two standard designs. Alternatively, owners can decorate their new home to their personal taste. All apartments have a terrace and most have stunning sea views.

The complex is set within a landscaped development facing a stretch of white, sandy beach. Residents can also take advantage of the swimming pool or the children’s paddling pools. Keep fit enthusiasts will enjoy the well equipped gym, spa and tennis courts. Other amenities will include a children’s play area, and provisions have been made for restaurants, bars, coffee shops and a supermarket.

Construction on yooBulgaria>Obzor will begin in early 2007 with the first phase due to be completed in Quarter 3 of 2008. Phase two will begin in early 2008.

Prices for yooBulgaria>Obzor start from just €55,500. Buyers can choose between Dusk and Glow interiors finishes with furniture packages starting from €5,500. Agents Knight Frank will guide buyers through the purchase process.

“We feel that Bulgaria is one of the most exciting new frontiers in the property market today. The country’s rich cultural history and breathtaking landscapes are the perfect setting for YOO’s latest project. The combined forces of YOO, Unique Developments, Diamond & Schmitt architects and Knight Frank will make this a strong investment now and in the future.” – John Hitchcox

Launched in 1999 as the brainchild of John Hitchcox and Phillipe Starck, YOO aims to change the way people want to live. Its developments focus strongly on the design element, providing interest and innovative use of space. YOO also aims to see potential in less than obvious places and has been the market leader in revitalising urban areas. YOO combines originality and integrity to give people creative but functional homes they want to live in.

For press information please contact Clare Slack at our Press Office:

TTA Group

Tel: +44 (0)20 7886 0308

Mob: +44 (0)7929 167 906

Email: cslack@ttagroup.co.uk