Property in Balchik in Bulgaria


Published on Tuesday, August 28th, 2007
Property Abroad » Property in Bulgaria

Summary: Introducing you to a new hot property destination in Bulgaria – the coastal town of Balchik

Property in Balchik in BulgariaThe pretty port and seaside town of Balchik in Bulgaria, which is within easy reach of Varna international airport and blessed with one of the most temperate climates in Bulgaria, was surprisingly lesser well known than the likes of Sunny Beach until recently.

When plans for the development of three signature golf courses around Balchik were unveiled and actioned, interest in this particularly stunning corner of Bulgaria sky-rocketed.  Today, property in Balchik in Bulgaria is rapidly rising in price and availability - and if you’re looking for a new investment hotspot or just somewhere to call home, it’s now time to explore Balchik.

The three Balchik located golf courses carry the signatures of Gary Player and Ian Woosnam, they are known as Black Sea Rama, Thracian Cliffs and The Lighthouse Golf Resorts and their development is the key to the transformation of Balchik from ‘pretty backwater’ into international high grade tourist destination.

The resorts combine the best in terms of leisure facilities and superior residential property developments as well, and they have signaled a new era of property development in this part of Bulgaria.

Developers are snapping up every available piece of property and parcel of land and astute property investors with the cash readily to hand are getting in quick, banking plots of land from between £18,000 and £30,000 and sitting pretty as they watch prices all around them rise.

If you’re an investor looking for property in Bulgaria then you could take this approach - or you could just go for well built, well located apartments and villas that will rent easily to the expected influx of tourists that this part of Bulgaria will now witness thanks to the three signature golf courses.

Luckily the entire town and surrounding areas of Balchik in Bulgaria are beautiful and so the vast majority of properties being newly constructed enjoy excellent sea views - so you will be spoilt for choice if you head to Bulgaria in search of investment or holiday property in Balchik.

Prices currently start from around £55,000 for a small apartment and go right up to in excess of £150,000 for a well located 3 bedroom villa...although prices for the properties within the Black Sea Rama, Thracian Cliffs and The Lighthouse Golf Resorts are higher - but naturally the higher prices reflect the stunning surroundings and exceptional facilities.

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