Plot in Kranevo, Bulgaria

The plot area is 4500 m² in the resort area by the sea, in the area of Kranevo and the international resort of Albena.
It is located 25 km from the regional city and the sea capital of Bulgaria, the city of Varna, and 12 km from the regional city of Balchik.
This area is adjacent to the sea with sandy beaches and low depths.
The famous international resort Albena is only 1 km away and the famous international resort Golden Sands is 6 km away.
This residential development site will soon be developed with hotels and residential complexes under the new INTEGRATED development plan. The plot is in regulation - i.e. construction is allowed on such a plot. And for this there are all necessary permissions.
On the site it is possible to build a 4-storey hotel for 5400 m2 or a residential complex with a height of 10 meters for 80 apartments with a swimming pool, fitness center, shops. There is a sewerage system in the area of the plot, i.e. there is a possibility of connection. Near all communications, electricity and water.
The price of the new plot is 300,000 euros without VAT, the previous price was 600,000 euros.
Reducing the selling price by 2 times. This is a very good offer for an investor.


The price is 300,000 euros.