Development land for sale near Lozenets

This regulated plot of land is situated 2 km southern than the town of Lozenets and 4 km northern than Tsarevo. It is close to Oasis camping and 72 km away from the international airport of Burgas. The region around Tsarevo has nice climate (up to 20 weeks tourist season) and the beautiful combination between Strandja mountain and Black sea coast.

The property is with size 23 157 sq.m.

Details:

• density of building: 40 %
• coefficient of efficiency: 1,2
• planting: 50 %
• 10 m to the beach
• advanced investment program in this region

Building parameters:

• built-up area up to 30 000 sq.m
• height of construction up to 10 m (without roof)
• water, electricity and sewage on the plot
• because of the sloped landscape there is an opportunity most of the apartments to be with a sea view - inclination 12 m

Price: 2 084 130 Euro without VAT

Many people are interested of buying a property there, because of the real possibilities for rental income around 5 % per year. The membership of Bulgaria in EU and the growing popularity of the country as a tourist destination are the reasons for the increase of the prices in the last 5 years.

As an additional service our company can provide a project management during the construction works. The project management includes:

• Preparing the whole documentation for the tender of choosing a construction company
• Consultancy to the investor for choosing the right construction company
• Preparing all the contracts with the chosen company according to the FIDIC rules
• Investor and quality control during the construction works
• Taking care for all the documents needed for the exploitation of the building – act 14, 15, 16 etc.

The cost of the project management is 3% without VAT from the cost of the construction works, payable as follow – 30% advance payment, 30% on issuing act 14 for finishing the rough construction, 30% on issuing act 15 and 10% on act 16.