Commercial Land Assets for Sale in Varna, Bulgaria
Ownership Duration | 10-20 year(s) |
Industries | Hotels + 1 more |
Locations | Varna |
Local Time | 12:54 AM Europe / Sofia |
Listed By | Advisor / Business Broker |
Status | Active |
The building area spans 10,500 sq. m. , situated on a 13,000 sq. m. plot of land. There is approved building permission for a 6,500 sq. m. boutique residential estate. Other potential development options include a hotel and wellness resort, a holiday estate, or a private residence. The projected return on investment will vary depending on the chosen business concept.
Property’s advantages:
The property is located in a prime position, directly on the first line from the sea and next to the beach. It offers panoramic sea views and is surrounded by beautiful natural scenery. Building permission has already been granted, and the area is supported by existing infrastructure.
Location advantages:
The site is conveniently close to Varna and Burgas, two major cities with international airports and seaports. It is also near an international road that connects Turkey and Romania, as well as several well-known resorts popular with international tourists.