The Bulgarian coastal town of Byala is becoming more popular among the foreigners, looking for a second home
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Recently, more and more British, Scandinavian and Russian people have decided to invest in properties in the coastal town of Byala. The area offers many different opportunities as the town is located at the Black Sea coast, close to the city of Varna. The town of Byala has many spacious plots of land, which are dealing very quickly. The prices of the regulated plots of land are between 30 and 70 euro per sq.m. The agricultural land is being sold for about 15-30 euro/sq.m. The prices in the closed – type holiday complexes, where a lot of tourists buy a second home are between 800 and 1500 euro/sq.m. The municipality’s administration of Byala announced that 5 more villa complexes are expected to be built and to be opened during this summer season. Most of the foreign investors at the territory of Byala municipality are from Russia, Scandinavian countries and Germany. The mayor of Byala Ilian Tsonev said that some companies from Denmark are interested in the development of golf and yacht tourism in that area. 70 building permissions have been issued during the last year in the town of Byala. By June, this year, their number is 120. The developments are expected to cover an area of about 120 000 sq.m and the investment is estimated to about 60 mln euro.If you are interested in this area, BGP Services is glad to present you the following complexes in the coastal town of Byala:1. Cotton Tree Beach Club - Our best selling beach complex located in Byala, Varna region2. Byala Apartments - Fully completed, only furnishing is required to live in or rent out3. Black Sea Meadows - Primary location and amazing sea viewOr check our offers for plots of land in Byala here. |
