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Seaside Front Line Plot of land

  
  
  
  

€ 1,500,000

£1,297,395.00
$1,746,900.00

Seaside Front Line Plot of land

Prime  Front Line Seaside Land in Durankulak

There's a significant plot of land available in Durankulak, located right on the Black Sea coast. This isn't just any piece of land; it's a fully regulated plot measuring 7,500 square meters. What makes it particularly noteworthy is that it already has a prepared hotel project, meaning it's essentially ready for construction to begin. The land itself has a flat topography, which simplifies any building plans, and it benefits from direct access to the beach. This offers unobstructed views of the sea and immediate proximity to the water's edge.

Adjacent Land for Expansion

Adding to the potential of this offering, there's an adjacent plot of land measuring 6,500 square meters. This neighboring parcel is also described as being on the first line of the sea. The pricing structure is set at € 200 per square meter for the main 7,500 sq.m plot, while the adjacent 6,500 sq.m plot is available for € 150 per square meter. These two plots can be acquired individually or as a combined unit, offering flexibility for developers depending on their project scope and investment strategy.

Strategic Location and Market Advantage

This development site is situated on Bulgaria's northern Black Sea coast. It's highlighted as being among the larger available sites in this region. The location is strategic, being close to the Romanian border. This proximity to a fellow European Union country's market is an important factor, especially when considering competitive land and construction costs within the EU. The area is characterized by low-density development, suggesting a less crowded environment and potentially a higher scarcity value for prime beachfront property.

Development Potential

The current offering includes a PUP-approved hotel project, which stands for a Detailed Spatial Plan. This approval process is often a significant hurdle in real estate development, so having it in place streamlines the path to construction. The land's characteristics and the existing project lend themselves to various types of development. It could be used for a beachfront hotel, as mentioned, but also for a mixed-use resort, a collection of holiday residences, or even an eco-retreat. The direct beach access and sea views are fundamental assets for any hospitality or residential project targeting the coast.

Investment Considerations

The overall acquisition structure is presented as flexible, which can be appealing to a range of investors. The combination of a regulated plot, a ready development plan, and a prime seafront location suggests a potential for attractive returns on investment (ROI). The fact that this is on the northern Black Sea coast, an area with relatively lower density, could also mean that a well-executed project could capture a significant market share. The availability of full-service support for legal and administrative processes further aims to simplify the acquisition and development process for interested parties.

Site

Property ID: 81395

For:
Sale
Type:
For construction
Habitable:
Yes
Size of land:
7500 m²
Presently:
Empty
Extras:
Accessible by car.

Bulgaria

Dobrich

Address:
Durankulak beach
Durankulak
Close to:
Touristic area, Beach.
Setting:
Town, Beach.

Contact me about this property for sale

Devale Property
Valentina Gitsova
Phone: +359898464559

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Valentina
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