First line investor opportunity in golf hot spot of Bulgaria - building permission and project included in price – 17 777 m2 land plot in The White Lagoon

Ready-to-build-sea-view-apartment-project in beautiful White Lagoon North of Balchik with 19 980 build-up/selling m2; developed to target the Scandinavian and North European buyers and tourists. The property gain potential exceeds 3 000 000 euro. There is a 42° hot mineral water spring neighbouring the land plot and three world class golf courses. The plot position is first line to the sea with small public beach road between the plot and the sea and beach. The deal can be done as a company purchase or land purchase with the project.

Facts 17 777 m2 size of land plot Permission for 21 332 m2 Above ground 19 980 m2 Below ground 5 981 m2 KINT 1,2 3 levels Building-% 40 (footstep) Green area 50 % Contracts with EON, water company and municipality for sewage connection Price without VAT 3 555 400 euro or bid.

ROI / Property gain   Costs and prices without VAT    Price per m2 Land price pr. build-up/selling m2 178 Construction price per m2 500 Project / sales costs 125 Total costs per m2 -803 Selling price per. m2 1000 Profits per. selling m2 197 Total profits in EUR 3936060