Commercial property, Sozopol (Sea resort)
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Country:
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Bulgaria
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Location:
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Sozopol Sea resort
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Price:
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EUR: 491700
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Area:
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19668 sq. m.
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Status:
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Available
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Land has long been viewed as a solid and tangible investment. The value of land has increased three times on average across Bulgaria over the past two years. And Bulgaria has yet to see the spiraling land prices of the new EU member countries. Furthermore, for resort areas such as Sozopol the typical cost of land plots has increased a few times per square metre over the last 3 years. According to the Bulgarian land market indicators analysis this is certainly a trend that will only continue to increase. Investing in land in Bulgaria is a highly tangible, secure and profitable opportunity. Our company can guide you through this process professionally and carefully to satisfy all your property needs, requirements, and wishes.
Land prices are flying, with average cost of land on the Black Sea Coast at 150 Euros per sqm, which is predicted to rise over 400 Euros in the next 3 years. Property prices in Bulgaria are expected to rise between 20-25% this year. In the first three quarters of 2006 prices went up by 17 %. Nearly four to five times more buildings were constructed in Bulgaria, compared to that of the previous year. Beach front land plots within easy reach of town and communication links are still available to developers, although many hold agricultural or forest status. It is, however, possible to change the purpose of use of the land to allow development. The procedure for the change of purpose of use of the land takes approximately 3-6 months, and, importantly, the right team of experts on board. When the land is within the regulation zone, then you need to receive permission to build. Whilst this might at first appear to be a daunting undertaking, in actuality it is a viable investment project, given the right team and compliance with various legal procedures. Our company is able to help you get through all the stages in your investment project.
The property of 19 668 sq. m is situated in a very fast developing area popular with tourists from all over the world. It is only 6 km away form the magnificent sea resort town of Sozopol and the sea and 38 km from the splendid regional seaside centre of Burgas. Sozopol is one of the best loved and most visited places on the Black Sea coast during summer because of its many sites of interest and historical value. You will surely enjoy the romantic atmosphere of its authentically preserved houses and narrow cobbled streets, admiring the spectacular sea view you can relish while tasting typical Bulgarian dishes and wines in some cozy tavern.
This plot of land is front line to the sea with a magnificent sea panorama. It is only one km away from the famous holiday village Dyuni with many restaurants, hotels, tennis courts, saunas, swimming pools etc., and wonderful sandy beaches. It has 19 668 sq. m of total area.
The plot is extremely advantageous and perfectly suitable for building a holiday village, complete with some modern recreational, leisure, and sporting facilities. Over 150 days of sunshine a year, with average summer temperatures of 26ºC and occasionally climbing to a sizzling 35 ºC. Bulgaria is a country that not only has weather comparable to Spain and other top holiday destinations, but also property prices are less than a quarter of their Spanish counterparts.
Profit from owning a piece of Bulgarian land!
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