Two plots of building land near to Varna are for sale. 1. The first plot is 10,674 square meters of land in regulation in the villa zone overlooking the attractive resort of Golden Sands. It comes with electricity, water and a good road. It is very close to Alajir Monastery, the main tourist archeological attraction in Varna. It is a ten minute drive to Central Varna and five minutes to Golden Sands and the beach. This land has planning permission for construction with a built up area of 6,404 square meters. Its price is 55 euros per sq m. This makes a total price of 10,674 x 55 = 587,070 euros. This land is 3km from Golden Sands where land sells for 1,000 euros per sq m. We can provide an architectural project for a gated villa development of 18 villas and 13 apartments on this building plot. This development could be unique in the Bulgarian property market, being designed to a high specification, and slightly removed from the bustle of the first sea-line. (Its inspiration is the award-winning Aphrodite Hills in Cyprus.) 2. The second plot is 43,000 square meters of building land about 2 kilometres to the south of the first plot. The land has planning permission for construction with a built up area of about 34,000 square meters. On this land a substantial gated development of 120 villas and townhouses, most with swimming pools, might be built. There are sea views from the upper part of this land, which would be the ideal location for a Clubhouse, restaurant and pub. It is for sale at 30 euros per square meter. This makes a total price of 43,000 x 30 = 1,290,000,euros. Scanned copies of the planning permission for Plot 2 are shown below. The indexes for planning are a kint of 0.80 and a coverage of 30% of the land. This land is reluctantly placed for sale by Britannia Investments, a British land development and sales company, as cash is needed to complete current development projects. Please enquire to sales@balkanskichalet.com for an analysis of the profitability of this investment. Tel. 00359 889 633 086 .
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