Investment properties in Bulgaria- Plovdiv city that could deliver double-digit returns over the next years-Offers cheap land very near and around the city for residential development

Kranevo Paradise Garden Project located in Bulgaria consists of eight three-floor blocks of two bed apartments with penthouses and twenty-one two bed townhouses with luxury two bed penthouses on the top floor

The real estate, offered for sale has an area of 2336.78 sq.m. The area is located within the construction borders of the largest Bulgarian resort Sunny Beach – West, in the vicinity of the center and 500 meters away from the beach. The plot is located between two streets and surrounded by numerous hotels, most of which operating at full capacity and other being under construction. It is behind the hospital and the police office of Sunny Beach – 50 мeters, and on a 5-minutes walk from the post office. The plot is under regulation, with developed infrastructure – electricity, water and sewage systems. The civil works could start immediately with construction density - 20 %, height of the building - 10 meters plus 4.50 meters under-roof space. A 4-floor hotel could be constructed there, like the buildings around the real estate, according to the permission regulations of the resort in this region. The property of the real estate has been inspected in details by us via the attorneys of the company. From legal point of view it was established, that the property is without any claims and completely clear. Opportunities for investment construction: hotel complex, SPA-hotel, residence-type hotel. The price of the real estate amounts to 400 Еuro (four hundred) per one sq.m.

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