THIS IS THE OFFICIAL OBELISK INTERNATIONAL BLOG: A COLLECTION OF PRESS RELEASES, ARTICLES AND OTHER USEFUL CONTENT PROVIDED BY OBELISK INTERNATIONAL. OBELISK INTERNATIONAL PROVIDES INVESTORS WITH OPPORTUNITIES TO INVEST IN CAREFULLY SELECTED REAL ESTATE PROJECTS FROM AROUND THE WORLD.

Tuesday, May 29, 2007

Obelisk International’s Latest Project, The Poynte, Located in Top Resort of Bulgaria’s Black Sea Coast

Albena has been named as the location of the new project from Obelisk International, consisting of 68 sea-view villas built to exacting standards.

Obelisk International adds to its highly successful portfolio of Bulgarian projects with The Poynte in Albena. This development of 3 bedroom and 2 bathroom detached villas was chosen due to its solid potential for impressive return on investment. Due to Obelisk International’s investor-first business style, The Poynte is available at 41% below market value, providing early investors with a great opportunity for profit at the initial stages.

The site of Obelisk International’s next project is located alongside other new developments which allows access to the extensive range of facilities on offer such as golf courses, restaurants, bars and health spas. The Poynte’s own onsite amenities include a communal pool and tennis courts and landscaped gardens throughout. The Poynte enjoys an enviable location, on the outskirts of Albena, one of the Black Sea Coast’s most thriving tourist resorts, only 15 minutes from the bustling city of Varna and a mere five minutes away from the beach. This all adds to the investor’s likelihood of substantial and regular rental yield.

Each 3 bedroom, 2 bathroom villa at The Poynte comes fully detached with a first floor balcony, a ground floor terrace, a private parking space as well as a private pool as standard. Space is maximised on all floors and all bedrooms have fully fitted cupboards. Every villa has the added benefit of sea views.

The initial resale price of a villa in The Poynte is estimated to be £120,895, which represents an initial profit of £35,254 , coupled with a consistent 20% per annum capital growth, The Poynte allows investors up to 140% net gain over a 3 year period.

The Poynte offers both the flip investor and the buy to hold investor excellent potential - the potential short-term gain of 242% (profit relative to investment of £21,975) suitable to flipping whilst the investor using a buy and hold strategy would stand to make a profit of £123,266, based on the same growth rate, giving a return on investment of 144%.

Impressive potential returns such as these make it a natural choice for an Obelisk International project. Obelisk’s Santiago Sánchez-Lozano explains: “The Poynte represents pure profit potential, no matter what strategy the investor takes. The project has added value in a number of areas. Firstly its proximity to both Albena and Varna - the attractions these resorts offer ensure a growing influx of tourists, vital to maximising rental returns. Also, the inherent profit of the properties due to the development’s high standards. This meant that The Poynte was a natural addition to our portfolio”.

For more information on global investment opportunities and to find out about Obelisk International's latest projects, contact Obelisk International 0808 160 0670 or email sales @ obeliskinternational.com

About Obelisk International

http://www.obeliskinternational.com/ [Obelsik International] is a real estate investment company providing global investment opportunities that offer security, tangibility and impressive financial performance. Their service to investors is based upon three main principles: price, profit and performance.

CONTACT

Press Contact: Santiago Sanchez-Lozano, Marketing Director, Obelisk International, +34 952 820 319 or santiago@obeliskinternational.com - http://www.obeliskinternational.com/

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