Great Investment On The Seaside - ID 1046

It is a perfect investment opportunity! 12 660 sq m seaview lot with a building permission, steps from Sunny Beach, close to historical Nessebar! The lot is located between the mountain village of Kosharitsa and one of the best summer resorts on the Bulgarian seaside - Sunny Beach. The property is less than 3 km from the sea and Sunny Beach's casinos, restaurants, clubs, shops and luxurious hotels. Next to Sunny Beach is located historical Nessebar - one of the oldest and most charming towns on the Black Sea coastline, famous for its beautiful ancient architecture, arts and crafts, etc. A new road is being constructed by investors from the neighbouring lots and the road passes beside the lot. Electricity and water are close as well. Lots of foreigners have already purchased houses and land and many construction companies are building vacation villages and small hotels in the area. Therefore the infrastructure is constantly improving.

Infrastructure: In 2007 a new motorway connecting Sofia and Burgas will be completed. As a result the trip from Sofia by car should be reduced down to 3 and a half hours. The closest airport is Sarafovo in Bourgas, about 30 km away. It is leased by a German company and is undergoing major renovations. From Bourgas it takes about half an hour to get to the property.

The land (12 668 square meters) consists of two adjacend seaview lots with a building permission, 6334 sq m each. The separation is just techical - it was done for regulatory convinience only.
Status: Building permission issued. At the moment buildings up to 7 meters high can be constructed on up to 40% of the land but that can be easily upgraded to 10 meters/60% (we can deal with this if needed).

With Bulgaria joining the EU in January 2007 the prices in the area are expected to rise dramatically. This is an excellent opportunity to aquire a relatively large lot in a fast growing area, perfect for building a vacation village/summer houses/villas or for resale as smaller lots.

THE TWO PLOTS COULD BE BOUGHT SEPARATELY.

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