Amazing Tsarevo Plot Of Land With Planning 420 Apartments

Opportunity Summary

PRICE: Reduced NOW to 3 Milion Euro's

Opportunity Summary
I.            PROPERTY IDENTIFICATION

 

Current status:                           Land property

 

Address:                                   Tzarevo, Bulgaria

 

Size of the property:                   22,920 square meters

 

 

 

 

Zoning status:                            Regulated land with Building Licence granted for proposed development

 

Zoning parameters:                    • Density of construction - 50%

• Total built-up area to footprint ratio – 2

 

Proposed Development:             

35,000 square metres of total built up area Of which 30,000 square metres of residential area (417 apartments)  5,000 square metres of amenities and facilities

 

Construction timeframe:             Complete buildRespond to this opportunity months

 

The project will comprise 417 apartments – studios, one-bedroom, two bedroom and three bedroom apartments as well as penthouse duplexes -in four residential blocks.

 

The other main amenities in the complex will include the following:

 

·         Two large multi-level swimming pools

·         Fully licensed restaurants and bars

·         Banqueting suite

·         Boutique Cinema

·         Full spa centre (Gym, steam bath, sauna, Jacuzzi etc.)

·         Tennis Courts

·         Private beach offering full range of water/beach sports.

 

II.          LOCATION

 

Characteristics

 

The town of Tzarevo is situated 72 kilometres south of Bourgas. It is situated right between Strandzha Mountain and the sea. Tzarevo stretches over two peninsulas, bordering an inlet.

 

Tzarevo is among the relatively small Bulgarian coastal towns with population of approximately 6,000 people. It is famous for being an international port for medium-sized passenger and cargo ships.

 

Accessibility by Car

The property has a very good accessibility by car as the plot is easily accessible via the main road connecting all coastal towns and villages to the south with second largest city on Bulgarian coast – Bourgas