Investment Project, Construction of a Beach Resort, Bulgaria

Opportunity Snapshot

  • Country: Bulgaria Bulgaria
  • Industry: Real Estate
  • Stage: Expansion/Growth
  • Years in operations: 8
  • Investment size: $500,000 / min. $284,000
  • Type of investment: Equity

Investment Opportunity

A building plot with a construction project

Close to sea
Apartment complex
approx. 4000 sq.m.

The building plot is located in Varna region, close to the beach.
Total plot area around 1800 sq. m.

Full permission has been issued for the construction of a residential complex /total build up area 4149 sq.m./, comprising 51 luxurious apartments distributed in three individual sections, arranged into an L-shape, plus a swimming pool, a park, a fitness centre, a cafe-restaurant, a shop, and a pool bar.

The complex also includes a parking lot with 27 parking spaces and garages.

The front side of the complex has panoramic views towards the sea, and the back - looks towards a pine forest.

The project has received the approval of the local authorities.
There is permission issued for both electricity and water-supply to the complex.
The construction site was open and it’s temporally frozen now.
For the construction were issued 1,2,3 act.
The future investor may continue construction at any time in stages – section A,B,C
It is a possible that section A to be completed, apartments to be sold and then to start working on section B.
We are ready to start negotiations regarding the sale of the project with a building firm or developer to finish the project. OR TO SELL THIS MAGNIFICENT PROJECT OUTRIGHT

450m away from the beach;
An incredible combination of fresh mountain air and sea climate;
35 km away from Varna city – Black sea capital of Bulgaria;
40 km away from the Varna’s International Airport;
An approved construction project;
Permissions for electricity and water supply;
Protocol for opening the construction site;
Protocol for freezing of the construction approved by the local municipality;
A great investment;

The Offer Includes:

Architectural plans
Building approval by stages – section C, B, A
Act 1,2,3.
Electricity approval
Water approval

Description of the region:

This is a new resort , located 35 km away from the city of Varna. A very peaceful and pleasant place to relax, with a wide beach of 13 klm , mineral springs, coniferous and oak forests.The area is of huge interest to Russian clients/ And Developers rght now.

Looking for similar investment opportunities