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Bulgaria list / Varna list / Golden Sands resort list - ID 77 / Ref - DH-1031
  • $3 315 900
  • All Industries for Sale
  • Floor area 0 m2
  • No buyer fees
  • Luxurious
  • Off-Plan development
  • Brick
  • Elevator
  • Security system
  • Controlled Access
  • Swimming pool
  • Garage
  • SPA
  • In/Near town
  • Up to 500 m from the sea

We are glad to present to your attention investment project in Golden sands.

Region:
The name Golden sands comes from an old legend: Pirates diged in huge golden treasure in the seaside north from Varna. The land took revenge on the bandits and transformed the gold into wonderful sand. Golden sands is famous with its nice golden sand and long beaches. The Black Sea beaches are covered with crystal clear sands. Because of its natural beauty, Bulgarian Black Sea coast has become famous international resort area.

The Golden sands resort is 18 kilometers north of the city of Varna and near the Golden Sands National Park. It is a magnificent resort, the largest one on the Northern Black Sea coast, with richly wooded hills, white golden beach and clear blue sea. There are lots of famous and ancient mineral water springs, which have a flow of 150 m/sec and were known already to the Thracians and the Roman Caesars.

Resort:
The resort's beach strip is 3,5 km. long and up to 100 m wide. The average air temperature in summer is 27-30 degrees and the water temperature is 25-28 degrees. Golden sands suits both sun-worshippers and sightseers being nearby Varna - the third largest town in Bulgaria, the pearl of the Bulgarian Black Sea coast with a great number of places of interest. The resort has wonderful conditions for recreation, entertainment, sport and spa treatment. It is a paradise for children and restful holiday for parents. It has been awarded the prestigious Blue Flag international ecology prize several times.

Stage:
currently building permit is obtained.

Specifics:
The building consists of three sections, two of which are nine-storey and the third three-story section.

Total built-up area – 13 935 sq.m.,

Living area: 12 185 sq.m.

Highlights:

- 100 Studios
- 70 one-bedroom apartments
- 12 apartments with two bedrooms
- 8 offices
- 2 stores
- 37 parking lots

Expected revenue: 19.8 million euro from the residential area and parking lots. The above mentioned revenue does not include income from the spa center, the restaurant, reception, which are with total area of 1,750 sq.m.

Minimum participation of future co-investor: 2,000,000 euro.

Project cost: 9,400,000 Euro

Investments made to date: 3.8 million euro.

Price of the project: 4.8 million euro.

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