Building Plot Close To Varna - ID 2692

Property Status: Available
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District: Varna
Price Euro: €26,350
Price GBP: £21,238
Price USD: $42,115
Category: Regulated Land.
Plot Size: 1,300m²
Extras: Electricity, Water, Telephone.
Location: In The Countryside, Near beach resort, Near highway, Near river, Near the Sea.
Published: Wednesday, June 6, 2007

Would you like to start your own development project in Bulgaria?

Then this might be exactly for you. We offer a building plot of land 29 km from the sandy beach. The motorway that passes at 7 km will take you quickly there!The village where the land is lies 25 km from the airport and 28 km away from the vibrant city of Varna! The city offers all amenities, splendid atmosphere and great night life.

The size of the plot is 1 300 sq m. It can easily fit a large property with a garage and a BBQ place. Water supply, electricity and telephone, as well as cable TV are available here!

Do not miss such a superb offer! Many developers already entered the property market in the area!

This property has been viewed 670 times.

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'Despite the dynamic development of the construction sector in Central and Eastern Europe (CEE), the offering of new housing estates still can't satisfy the demand completely' the CEE director of ‘UniCredit Group' Erich Hampel says. Although the region has high rate of own property, the households still look for a way of improving the living standard. ‘In the next years every two of ten households plans to buy house or apartment, which to live in' Hampel adds. The possession of own property rate in the region is very high - 77% average, which is 13% more than the average percent for Western Europe (WE). Bulgaria ranks in Top 3 of countries with the most property owners - 91% of the households own the estate, they live in. Higher is the percent only in Croatia... more

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Bulgaria’s real estate market would soon reach its saturation point, while Romania still had options to develop, The Diplomat Bucharest reported. Some areas in Bulgaria are already over-developed, agents said. Coastal resorts like Sunny Beach experienced over-construction, which in turn affected the plans of investors. Coastal areas in Bulgaria and Romania, as well as the region surrounding the capital cities offer the best opportunities for property investors. The report, however, said that in Romania the costs are higher. Bulgaria still features as a more attractive purchase destination but profits in Romania are higher, agents said. Apart from the residential sector, other property segments in the two countries are developing. The office markets in both countries saw some... more

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