Rental income
Most property is either rented out via a tour operator, or directly to individuals via a letting agency or website.The following websites have property for rental, and give an indication of what can be expected, when renting direct or via a letting agency.
http://www.holidaylettings.co.uk
The majority of tourists to Bulgaria come on charter flights, with their accommodation organised by a tour operator (e.g. TUI). Mekoa will operate a hotel company to offer accommodation via tour operators, marketing Seagarden Villas as a luxury resort. Estimates of rental income can be made by comparison with hotels in the area:
http://hotels.guide-bulgaria.com
As Seagarden Villas will be at the top end of the market, the rental income should be 10-20% higher than for a good hotel, and occupancy rates should also be higher.
>>> Back to "Q & A"
