Country: Bulgaria Location: Albena Sea resort (MAP of location) Price:   EUR: 404250 Area: 10500 sq. m. Status: Available

This plot of agricultural land with huge investment potential is located at the edge a charming small seaside village whose vast beaches, clean sea, gently sloping sea bottom and healing mineral water have turned it into a competitive tourist destination. It is set only 2 km from the marvelous Albena sea resort and 14 km away from the spectacular town of Balchik. Balchik is a very beautiful sea town resort, famous for its rich botanic garden, with a large collection of exotic and rare species. You can also enjoy seeing the magnificent palace built at the request of the Romanian princess Maria, fabulous with its unique architecture. Albena is one of the best loved and most visited sea resorts offering numerous attractions and unforgettable holidays. The village is also close to the splendid sea capital of Bulgaria – Varna, which is a busy modern city, and yet with architecturally preserved authenticity with all facilities, museums, an airport and a port as well. The region is quite picturesque as it is both near the sea and some lovely forests nearby.
This is a wonderful plot of agricultural land of 10500 sq. m from which you can enjoy a splendid panoramic view of the azure Black Sea. The property is not regulated; however, it is set between two regulated land plots with electricity and water available. It is on the main coastal and international road connecting Bulgaria with Romania. At weekends and during holidays, thousands of Romanians flock in this resort area to benefit from a quality holiday at competitive prices or a shopping spree.
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 the Black Sea coastal area 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. Near beach 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. To own land, a foreign citizen must first set up a limited company in whose name the purchase of land can be made. The company can own the land as well as the building on it. Our company can organise the whole process for the formation of the company from start to finish. Once you have registered a Bulgarian company you can use it in the future for different activities or for the purchase of other properties. Setting up a company in Bulgaria is very easy. You have to register a LLC which takes between 2 and 4 weeks. The company doesn't need to operate but it is simply a tool to purchase the property with the land. The company should be registered with the court, the tax authorities and with the Social Security Institute.
Our company can guide you through this process professionally and carefully to satisfy all your property needs, requirements, and wishes.