For sale apartments first line to the sea. How to build an advertising campaign

date
16/04/2024
author
Unique Estates

Building an advertising campaign for the sale of apartments on the sea front has its specifics and subtleties. What steps to take in creating a strategy for selling beachfront apartments, see more in the following lines.

What is specific when selling apartments on the first line?


More and more popular for buying apartments in our country are the areas along the Black Sea coast, where to date more and more property transactions are registered. At the heart of this trend are the effects of the pandemic, as more and more people, especially those with the ability to work remotely, have turned to the purchase of holiday properties because of the favourable climate of our seaside resorts, the proximity to the sea, the remoteness from the hectic urban life.

Currently, there is a certain balance between the supply and demand of properties in the Black Sea resorts, which balances the prices of holiday homes in our country.

People who are looking for the tranquility, luxury and comfort of seaside towns and villages are usually looking for a beachfront property. Those people who prefer to feel the sea breeze, to wake up from the sound of the waves, to walk on the wide beaches, at "arm's length" from their homes.

Compared to the properties located on the second and third line, the properties on the first line are in a slightly higher price range due to their close proximity to the sea and to all the amenities offered by the resorts.

Investing in an apartment, house, villa or holiday property on the sea front remains one of the most lucrative as the property can easily be rented out during the summer season, generating additional income from it. Seaside apartments now also contain the key concept for investors of an "undervalued asset" that will yield a profit over time.

However, attention should also be paid to the fact that beachfront does not always mean close to the beach. This is especially true for the properties on the northern coast of Bulgaria, where it is mostly rocky and the beaches are located in small lagoons that have to be reached by transport. On the south coast, in the Burgas area, the coast in most resorts is sandy and access to the beaches is much easier.

Of course, very often luxury complexes located on the sea front have their own access to the beach.

Tips for building a good ad


An attractive and realistic description of the property will attract the attention of buyers and help them navigate its advantages. It is desirable that the information is as comprehensive as possible, presented in the most compelling modern way, to be able to give the most realistic picture of the specifics of the property. It is advisable to include in the description the extras and amenities it has. It is the features that will attract the attention of buyers, as they have the role to distinguish your apartment among all the others.

Hire a professional photographer


First impressions and good presentation are crucial both in person and online. Bet on quality and quantity and hire a photographer with professional equipment and lighting to take impressive photos of your seaside apartment. Depending on the exposure of the property, choose an appropriate time of day when the condo is as bright and sunlit as possible, but so the photos don't "burn out". If you want to create a more romantic feel, or have a spacious porch that you want to accentuate - you may choose to shoot at sunset or in moonlight. Take pictures from all angles so the prospective buyer can get a great idea of what is where. Be sure to include a sketch with the square footage of the individual rooms to get an even better idea. With the help of new facilities and apps, you can do a 360-degree virtual walk around the property, thus the user can move with the cursor and tour the entire apartment lengthwise and breadthwise, as well as the sea view outside the property. The video is also highly recommended, as a human figure can be inserted to make it even more effective and touching for the viewer. The actor in the shot could be opening the curtains in the morning, switching on the coffee machine, walking to the sofa or admiring the view of the city. The human element creates a connection and is a good approach to presenting.

Create a good website


Once you've prepared your listing for sale it's a good idea to think about how to reach more potential buyers.

Use your social media profiles, share your advert on specialist platforms, pay a nominal amount for advertising. A small boost of £10 can significantly multiply the reach of your advert to ensure that the content is seen and reaches more consumers. The combination of paid advertising, active and relevant information will help improve engagement to your advert and generate a larger audience.

An advert is enough, but done professionally so that it attracts prospective buyers and generates real interest.

Create a website where you can unleash the potential of the seaside property on offer. See this website as a means of consolidating all marketing efforts, as it should not just be a place where people can peek in and have a look around, but should be backed up with information on everything directly and indirectly related to the apartment.

You can hire a professional to test and tweak your website to make it as functional and visitor-friendly as possible.

Everything mentioned above can be a daunting task to tackle alone, which is why many property owners hire a property management agency to develop the overall marketing campaign for a property across all selected distribution channels.

Publish articles and additional information


When having a website with the overall information, it's also a good idea to consider the type of content and tone of the communication - whether you're going for a strict corporate tone or going for a humorous or inspirational approach. What your presentation will be - a short video to spark interest so they call you or a long video providing the necessary information in detail; whether you will just hint with a few pictures of furnishing details or tell the whole story of the home - the choice is yours!

Use social media


Social media is a powerful marketing tool worth investing in to sell your luxury beachfront condo. We recommend using social media platforms that focus on photos and videos, such as Instagram and Facebook.

Additionally, in the 21st century, we're seeing inexhaustible sources of information, innovations in technology and apps daily, and thousands of advertising opportunities. Studies show that more people are choosing their new homes spontaneously while browsing because they literally fall in love with them at first sight, rather than from a focused property search for hours. Therefore, as mentioned above, apart from traditional property portals and posting your property listing on estate agency websites, opt for a few social networks through which you will reach an even wider audience.

Take advantage of SEO and paid ads


As we know, searching in online information search engines also has some subtleties that are good to pay attention to. The first important thing is that your ad or listing should appear in the right place where it can be placed immediately, namely the first page of the search engine. Search engine optimization (SEO) will help you get there. One of the main methods to rank higher in search results is to write with the right keywords in mind. There are also many free tools for finding the optimal keywords.

Unique Estates will always be your trusted partner. If you're looking for your dream new home, want to invest, or want to market a property, contact us. Our team is available to assist you with all your luxury real estate questions and to advise you in the best way, protecting your interest.

Do we need a broker when buying and selling a property?

Many of you probably ask this question when it comes time to change homes or purchase a new property. Why do I need an agency when there are websites show direct information from an owner?

Generally speaking, a real estate agent will save you time and effort, protect you from incorrect owners, and guide you seamlessly through the process.

How is a property sold?

When selling a property, it is important to consult a professional who can provide you with a housing market research and help you determine the market price of the property. It is also recommended to have a realistic description of the property to attract the attention of buyers, helping them to get oriented in its advantages.

 

How is a property tax assessment made?

The issuance of a tax assessment requires the submission of several types of documents, which you can request through a specialized portal for the provision of electronic services, with an application at the counter in an administrative service center, by e-mail or by post, electronically through the secure electronic delivery system.

 

How is the market price of a property determined?

The market price is determined by real estate professionals using the comparative market analysis method. The purpose of the analysis is to determine the correct price range in which to position a property when it is advertised for sale. 

 

How is profit tax calculated when selling a property?

The profit from the sale of a property is not taxed when the home has been your property for 3 years. In all other cases, the difference between the sale price and the purchase price is taken into account when calculating taxes on the sale of a property. The income is formed on a tax base and this tax base is reduced by 10% of the legally determined costs.

 

How much is my property worth?

The surest way to find out how much your property is worth is to consult with a professional in this field. We at Unique Estates can help you by providing you with a reliable valuation that is based on in-depth market research by professionals as well as our own data acquired over the years.

 

How are the undivided shares of a property calculated?

For each independent property, the undivided shares are calculated using the following formula:

Undivided Shares (%) = (Built-Up Area/Gross Floor Area) *100

Where:

Undivided Shares (%) is the size of the common areas adjacent to the property.

Built-Up Area (BA) is the built-up area of a property.

Gross Floor Area (GFA) is the total floor area contained within the entire building.

 

How is a property boundary determined?

A property boundary is determined by filing a petition to fix the boundary between properties. In order to determine the exact boundaries of a landed property, it is necessary to carry out the so-called tracing. This means to mark various points, lines, planes or surfaces on the terrain.

 

How is rental income declared?

There are two options for declaring rental income. In the first case, if the tenant is an uninsured natural person, it is the responsibility of the landlord to declare and pay the applicable rental income taxes. In the second case, if the tenant is a self-insured person (or enterprise), the tax amount is determined and the tax is withheld from him/ her at the time of its payment.

 

How is a rental agreement prepared?

If you are considering renting out a property, your cooperation with a professional lawyer is very important. He will help you to draft all mandatory clauses of the agreement in accordance with the Obligations and Contracts Act (OCA, Articles 228-239) and the Landlord and Tenant Relationship Act.

 

How is a rental agreement concluded?

According to the Bulgarian legislation, a rental agreement can be concluded both in written and oral form. In both cases, the agreement is considered valid and has legal force. However, the choice of an oral agreement hides significant risks, mainly due to the difficulties in proving the agreed terms and conditions.

 

How to terminate a tenancy agreement?

When you wish to terminate your tenancy agreement, you must comply with the period specified in the agreement and give prior written notice. If you wish to leave earlier than this period, you must pay a penalty to the landlord.

 

What is a property management service?

The property management service releases the landlords from their responsibilities throughout the rental process and from the subsequent tasks of collecting the rent and monitoring the property.

 

How to sell a luxury property with Unique Estates?

Contact us and our team of experts will prepare a special Comparative Market Analysis to determine the correct market price and potential customers for your property. Trust our professional real estate consultants who will give you the right guidance on how to successfully sell your property.

 

How to make an expert appraisal of a property?

The first step in making an expert appraisal of a property is to contact a certified appraiser registered in the Chamber of Independent Appraisers in Bulgaria. For the process, you will need an ownership document, an up-to-date sketch or cadastral map of the property and other documents depending on the type of the property.

 

When market analyses and research are conducted?

Market analyses and research are conducted before making important business decisions, launching new products on the market, making investments, or expanding the business into new markets.

 

What does a market analysis involve?

The market analysis includes a complex analysis at several levels: general market analysis, industry market analysis, market analysis of an individual product. These assessments provide valuable data for informed decision making and strategic planning.

 

For whom can the real estate market analysis be useful?

The real estate market analysis can be useful for investors, home buyers, agents, financial institutions, property managers, end users, etc. It helps in making informed decisions and understanding market trends and property prices.

 

Where to post an ad for the sale of a luxury property?

Before selling your property, it is important to choose a consultant who will give you the right guidance on how to most successfully and smoothly carry out the transaction. Trust our professionals at Unique Estates, who offer complex services in the field of real estate in two directions - Premium and Standard.

 

Where to obtain a property sketch?

The first step in obtaining a property sketch is to check with the Geodesy, Cartography and Cadastre Agency (GCCA) whether the property falls within the territory with an active cadastral map. A check of the sketch can be carried out in any regional city in Bulgaria at the Geodesy, Cartography and Cadastre Office (GCCO).

 

How to rent out an apartment?

Renting out an apartment can be made both with the help of a real estate agency and independently.  Choosing to work with an agency provides a number of advantages that can significantly accelerate the conclusion of a rental agreement.

 

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For sale apartments first line to the sea