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Sea View Residence in Costinesti is an impressive new project on Romania’s Black Sea coast. This attractive coastal development is composed of 48 apartments set around a private garden and swimming pool, just 20 metres from a natural beach.
Sea View offers great scope for investment, apartments are purchased for seasonal buy-to-let and offer potential yields of over 10% per annum. Additionally, apartments can be reassigned (or 'flipped') upon completion allowing investors to make impressive short-term gains on their initial investment - the developer is forecasting that values will grow by 40-50% by completion in May 2009.
Studio – 2 Bedroom apartment units are available, each boasting a private balcony area offering views of the nearby coast or the development’s grounds which include swimming pool, gardens and play area.
Costinesti is a popular Romanian resort destination; it offers modern hotels, sporting facilities and numerous inland attractions including castles and vineyards. The town also hosts Jazz, Film and Acting festivals each year. Sea View residence will form part of a new harbour / marina project which will capitalise on the Costenesti's popularity.
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