A new holiday complex development starts in Balchik city, Bulgaria
Released on = November 25, 2005, 12:12 am
Press Release Author = Address Bulgaria
Industry = Real Estate
Press Release Summary = During the last years Balchik City has attracted numerous
and serious investments in the sphere of tourism and I am very happy that those who
will come to play golf in the complex we presented few day ago, will be able to
accommodate in this wonderful complex
Press Release Body = Sunny Dream is an investment appreciated at EUR 2.5 millions
Address Invest presented its newest project on 22.11.2005. The first one in Balchik
city is situated on an area of 2 950 sq.m., which contains 84 flats and facilities
with total built area of 6 134 sq.m.
Sunny Dream has a unique location. The complex is located in the eastern part of
Balchik city, 100 km far from the main road to Albena resort and just few meters
from the Palace, the most popular historic and tourist attraction in this sea town.
The project contains 2 mirror buildings situated on an area of 2 950 sq.m. Buildings
has 6 floors, one of them is basement. Each building has 42 flats; the complex has a
swimming pool, fitness center and a bar. The square surface of the apartments is
between 43 and 177 sq.m.
The start date is foresee for the end of 2006.
"The future of the North Black sea about the business with holiday properties is
forthcoming" said Martin Paev, Executive Director of Sunny Properties, project's
investor, during the first sod. "The geographic location of the resort, as its
unique characteristics presumes prices growth during the following months, due to
the extraordinary big interest from Bulgarian and overseas buyers' side.
"During the last months there is an extraordinary activity to the property purchase
located at the North Black sea and except of the traditionally active British, there
is an interest from the Russian customers. We believe that the project could be
realized before its conclusion in the next year because the interest in this region
is very high." added Anton Pankev, Executive Director of Address Project Consulting,
the company which is an exclusive seller.
«During the last years Balchik city has attracted numerous and serious investments
in the sphere of tourism and I am very happy that those who will come to play golf
in the complex we presented few day ago, will be able to accommodate in this
wonderful complex" said the major of the town Krasimir Mihailov.
The average price of the apartments is 950 EUR per sq.m. including VAT and
furniture. The costumers receive a key for totally finished and luxury furnished
apartment, which is ready for rent.
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