Building land for sale bordering sea and beach near Balchik

General information

  We offer to the attention of investors this front sea line regulated plot of land with planning consent for a building with 24 apartments, situated in the White Lagoon resort between Balchik and Kavarna.

The total size of the land is 1 600 sq. m. and the agreed built up area is 2 495 sq. m. All project details can be presented in case of interest from potential investors.

At the moment there are few similar projects undergoing development in the White Lagoon area with sold prices of apartments in these developments in the area of 1 500 - 2 000 Euros per. sq. m. This should work out to approx. 3,8 - 5,0 million Euros of income after full release of the development.

The region near White Lagoon is famous for the unspoilt nature, its mineral water springs and the curative mud - used for the faster healing of bones in the human body. The three newly built 18-hole golf courses are all just within 5 km, the closest one being less than 3 km away.

  Guide price of 450 000 Euros

  Ref. Num.: 5035