Brief: SEA VIEW!BUILDING PLOT!We would now like to offer you several investment options for plots of land strategically situated very close to the project, your chance to benefit from the future development of the region and the growing number of tourists who will look for accommodation and entertainment.BOURGAS MUNICIPALITY HAS ALREADY ISSUED A "MOTIVATED LETTER" FOR CHANGING THE STATUS OF THE LAND. The Black sea golf course will spread on a total area of over 2,000,000 sq.m.The investors plan to construct their own infrastructure. The complex, which will be built in 3 phases, will provide between 800 and 1,000 working positions for the local people. Rudnik village is one of the settlements which will benefit most from the project as it is just next to it.
Basic Location: Near Town, In Beach Resort, Near Beach Resort, On The Sea, Near The Sea, Near Mountain, In Vacation Place, Near High Way, In Fishing Area, In Hunting Area, On Golf Course,
Type: Land
Town / village: BOURGAS AREA
Living area: 0 m2
Garden: 10150 m2
Floors: 0
Rooms: 0
Nature: Lake, Hills, Forest, Sea, Dam
Date added: 29-Jan-2008
Details: The Black sea golf course will spread on a total area of over 2,000,000 sq.m. Pomorie Municipality will participate in the project by providing the land. Apart from the golf playground the investors plan to construct a mini holiday village with hotels, villas, a casino, a race course and a polo pitch. According to the initial estimations, about 53 million EUR are to be invested in the project. The design is by the well-known architect Mark Jones who has prepared the projects for the best golf courses in the world, the ones in Abu Dhabi (United Arab Emirates) and the Bahamas.
The Black sea golf course will be with 18 holes, par 72 (the standard number of strokes set for each hole on a golf course, or for the entire course). The investors plan to construct their own infrastructure. The complex, which will be built in 3 phases, will provide between 800 and 1,000 working positions for the local people.
Rudnik village is one of the settlements which will benefit most from the project as it is just next to it. Not only the new infrastructure will boost the economy but also the new job opportunities.
We would now like to offer you several investment options for plots of land strategically situated very close to the project, your chance to benefit from the future development of the region and the growing number of tourists who will look for accommodation and entertainment.
The total size of this plot for sale is 10 150sq.m.
More facts about the property:
- BOURGAS MUNICIPALITY HAS ALREADY ISSUED A "MOTIVATED LETTER" FOR CHANGING THE STATUS OF THE LAND. The future buyer will be allowed to start building in no more than 8 months from now
- Expected intensity factor from within of 2 – 2.5
- Strategic location which will allow the investor build an houses,chales,apartments,SEMI-DETACHED houses or a luxury hotel.
- Price of 30 EUR per sq.m. whereas relevant plots outside Sofia are currently being sold at 100-150 EUR per sq.m.
It is expected that shortly this area will be included in the extended development plan of Bourgas and it would be one of the directions where the city will expand. In other words, the situation of the land has a lot of potential.
The city of Bourgas is situated on a peninsula, and it is surrounded by 3 lakes – Bourgas lake (on the west), Atanasovsko lake (on the north) and Mandra lake (in south-western direction). It is the biggest and most important economic, administrative and cultural center in the southern part of Bulgarian seaside. The city benefits of its advantageous and strategic location which the investors fully take advantage of.
Bourgas is an important center of the sea tourism with a number of amenities and logistic connections to the sea resorts in the southern part of the Black Sea. Furthermore, the Bourgas mineral baths (about 15 km from the city) attract more and more tourists in the area.
Due to the constant progress of the city and the growing investments in the area, the local municipality has prepared a plan for long term development. Its purpose is to draw the future plans for the city expansion.
Investment potential:
- Limited supply on plots of land situated in a future regulation of a major city
- Corporate income tax in Bulgaria: 10%
- Flat tax of 10% to be introduced in the beginning of 2008
- Price of similar plots outside Sofia: 100-150 EUR per sq.m.
- Strategic location. The plot offers perfect opportunities to become one day a luxury complex with houses or apartments or or because of its location .
