New and Luxurious Building in Kabakum

Real Estate Consultant: Vasil Todorov – 0895 550 157 / novdom1.bg 78664

The area of Kabakum, located in the northern part of the Bulgarian Black Sea, near Varna, is one of the most picturesque and preferred vacation spots. The beach strip is wide and offers golden sand and clean waters, attracting local and foreign tourists. In addition to its natural beauty, Kabakum is also interesting for its history and etymology.

Historical and Cultural Facts

Kabakum is located near the ancient city of Odessos (modern-day Varna), which has been an important trading center since antiquity. The region around Kabakum was part of ancient Thracian lands, then under Greek and Roman rule, leaving cultural imprints on the region.

In more modern times, Kabakum has been known for its mineral springs. As early as the 20th century, the proximity to mineral baths and spa resorts like Sts. Constantine and Helena make it attractive for balneotherapy and seaside tourism.

Origin of the name Kabakum

The name “Kabakum” has Turkish origins. In Turkish, “kaba” means “coarse” or “large,” and “kum” means “sand.” In a literal translation, “Kabakum” means “coarse sand” or “rough sand.” This name is likely related to the characteristics of the beach in the area, which has relatively coarse sand compared to other parts of the Black Sea.

The Turkish name of the area has remained from the period of Ottoman rule over Bulgarian lands when many geographical objects received names in Turkish, which have been preserved to this day.

Kabakum today

Today, Kabakum is a preferred destination for summer relaxation and tranquility. Despite its proximity to more lively resorts like Golden Sands and Albena, Kabakum preserves its peace and charm. The area attracts visitors not only because of its beautiful beaches but also due to the quick access to the cultural and historical landmarks of Varna and the region.

The distribution of the apartment is as follows:

Total area: 48.17 sq.m

-Living area – 19 sq.m

-Entrance hall – 2 sq.m

-Bathroom – 2 sq.m

-Yard – 15 sq.m

Additional Information:

-A parking space can be purchased separately

The apartment is also suitable for investment.

Regarding the investment:

During the summer season, the apartment can generate income ranging from 70 BGN to 120 BGN per night.

Outside the summer season, it can be rented to students or families seeking tranquility.

Financial Analysis for the Return on Investment per Year:

At 60% employment, the return on investment is 11.99% annually.

At 80% employment, the return on investment is 14.99% annually.

At 100% employment, the return on investment is 18.65% annually.

These values may vary depending on actual employment, maintenance costs, and other factors.

“NEW HOME 1”: The company has: “Legal Department” – performing all necessary legal and technical checks on the property, organizing all stages of the deal until its finalization with notarial transfer of the property. “Credit Department” – assisting in obtaining bank credit under the best possible conditions for the client, with the choice of bank determined according to the client’s needs and possibilities. “Construction-Renovation Department” – ensuring comprehensive renovation of your home if needed, at the most favorable conditions and prices.

Contact us for more information and arrange a viewing today!

Phone – Every day from 8:30 to 22:30 – 0895 550 157

Whatsapp – 24/7: 0895 550 157

Viber – 24/7: 0895 550 157

Telegram: 0895 550 157

Messenger: Vasil Todorov