Distressed sale: This building land is situated between the current Gondola Station and the planned second Gondola Station. The land is 1,853 square meters with planning permission for construction of 4,260 square meters. Shops situated at this position can achieve a selling price of 2,000 euros per square meter. Realistically a project of 6,800,000 euros can be built on this land. The price is reduced from 852,000 euros to 463,250 euros - strictly non-negotiable. (250 euros per sq m.)

A scanned copy of the Planning permission is shown in the Gallery on this page.

Translation:

Municipality of Bansko

The plan type visa is issued on the grounds of art. 124 of Territory Planning Act and will be used for project purposes in regulated land plot No 158052 in locality - Sredoreko – Bansko, for changing the status of agricultural land to regulated land with planning permission for an apartment building, the project will need to be together with the electricity and water schemes and will need to co-ordinated with the chief architect of the region to be able to get access granted.

Indexes:

Kint – 1.8

Elevation cornice – 13 m.

Coverage – 50%

Chief architect

This means 50% of the land can be built on, to a height at the cornice of 13 meters, with a maximum built area above Ground Level of 1.8 x 1,853 = 3,335 square meters, plus a basement floor of 926 square meters. (i.e. Total built area of 4,260 square meters.)

Please enquire to sales@balkanskichalet.com for an analysis of the profitability of this investment. Tel. 00359 889 633 086.