Investment Opportunity Balchik.
A great investment opportunity in Balchik near Varna with sea views and within minutes from the Golf course. As the plot is situated on the highest point in the area it offers views to Balchik Town to the East and South-East and to the North the fairways of The Lighthouse Golf Resort.
The plot has agricultural status, but regulation is guaranteed by Balchik Municipality and can be completed by the end of year 2009.
As per Bulgarian law for the Black Sea region, there are two zones, A and B.
Zone A includes the beach strips and 100m of farming land and forest territory, adjoining the coastal beach strip. In this zone construction of buildings, solid fences etc is forbidden, and it will not be possible to change the statute of farming land.
Zone B, which includes two kilometres of farming and forest lands from zone A, will be allowed construction under certain guidelines, namely;
Density of construction 30%.
Coefficient 1.5.
Density of planting 50%.
Height of building under 17.5m.
The overall size of the plot is 35.254m2. This plot may be purchased as a whole or in four separate parts of the following sizes;
The first plot measures 6994m2,
The second plot measures 9900m2.
And the final two plots both measure 9181m2.
These plots can be purchase for the very economical price of 25 Euro m2. Investment return can be based on the current selling price for plots in the area that are in regulation which is on average 48 Euro m2. By the time regulation is achieved at the end of 2009, prices are estimated to have increased to at least 55 Euro m2.
For more information on this very exciting unique offer please contact us as soon as possible.
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