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