Investment project for the development of a territory in Byala

We present a unique investment project for the development of a territory on the first line to the sea in Byala.

The project offers magnificent panoramic views and developed infrastructure, with the opportunity for investments both in the Chaika district and in the entire municipality of Byala. It involves the unification of large land properties and their sale to a serious investor/developer. The beginning has already been made - 79,341 m² of land has been collected from various investors. Byala is attractive for serious investors.

The plots we offer are included in the urban development plan with approved development parameters. The result of the project can be the creation of high-quality plots for sale or for construction.

Project advantages

The project could attract investors and builders from Germany, Sweden, Norway and other countries. Investments from such countries have already been made in Byala.

The investment project will be synchronized with the construction of a new yacht port with a capacity of 450 yachts and fishing boats, as well as with the construction of a coastal promenade between Obzor and Byala.

The implementation period is 2025 - 2028.

Byala is a dynamically developing seaside town that combines opportunities for sports, sea tourism and elite recreation. Thanks to modern investments, ecological cleanliness and strategic location, Byala is establishing itself as a new center of attraction for athletes, tourists and investors.

The city's brand reflects the aspiration for sustainable development, high quality of life and the construction of prestigious world-class infrastructure.

Sports capital:
• Recognized as "Best European City of Sports";
• Modern sports infrastructure;
• A crossing point for yachtsmen.

Marine luxury:
• New yacht port for 450 vessels;
• Center for yachting and marine tourism.

Ecology and comfort:
• Clean region with developed infrastructure;
• Ideal for year-round living and tourism.

European standard:
• Meets EU standards;
• A symbol of sustainable development and investment attractiveness.

Additional advantages of the project:
• The entire land is part of the urban planning zone of Byala, which is evident from the cadastral plans;
• All properties have the option of connecting to electricity, water and sewage networks;
• All utility and energy resources are available according to the approved parameters for development. No deficit is expected in the coming years. Water supply is provided by Kamchia, and sewage is serviced by a modern treatment plant in Obzor;
• All communications are reflected in the engineering and cadastral plans. The municipality has an engineering service for coordinating parameters;
• The municipality is extremely open to investors. The implementation of the project will boost the local economy and bring in revenue from one-time and permanent taxes.
The EU and the Bulgarian government are investing in the reconstruction of streets, lighting, roads and other infrastructure. Projects for the construction of a coastal promenade, sports and cultural facilities, playgrounds, etc. have already been implemented in the area. The investor developing the project in Byala can apply for multiple European sustainable development programs.

Terrain information

In photo 5, the "Chaika" area is marked. Blue squares mark the plots that are already owned by investors. It is possible to purchase the entire massif or individual properties:

• Total area: 79,341 m²;
• Total project budget: 21,318,547 BGN (ˆ10,900,000) (excluding VAT).

Plot characteristics:
• The plots fall into an urban development zone (KINT 1:1 – 1000 m² of built-up area can be built on 1000 m² of land);
• Terrain gradient 20–30%, which allows sea views from all levels and an increase in the KINT to 1.1–1.2;
• Resort development zone – maximum height 10 m (allows for the actual construction of 4–5 floors due to the elevation difference).

Three plots No. 227, 226 and 222 (34,929 m²)

Ready for construction of premium properties.
• Price: 13,690,810 BGN (ˆ7,000,000) (excluding VAT);
• Three plots No. 225, 224 and 221 (44,412 m²);
• Require unification into one property and engineering activities (up to 1 year);
• Price: 6,845,405 BGN (ˆ3,500,000) (excluding VAT).

Investment options:

Option 1:
• Purchase of the entire available area — 79,341 m²;
• Budget: 20,536,215 BGN (ˆ10,500,000) (258.17 BGN (ˆ132/m²) excluding VAT);
• Possible discount for undeveloped terrain.

Option 2:
• Redemption of only 225, 226 and part of 221 (24);
• Area: 44,412 m²;
• Price: 6,845,405 BGN (ˆ3,500,000) (152.55 BGN (ˆ78/m²) excluding VAT);
• After unification, expected value: 488.96 BGN (ˆ250/m²).

Financial framework:

Available assets:
• 34,929 m² for 13,690,810 BGN (ˆ7,000,000);
• 44,412 m² for 6,845,405 BGN (ˆ3,500,000).

Additional investments:
• Approximately 2,992,631 BGN (ˆ400,000) for the purchase of 3 additional properties.

Total project budget:
21,318,547 BGN (ˆ10,900,000) (excluding VAT).

Expected value after merger and PIP:
38,823,226 BGN (ˆ19,850,000) (488.96 BGN (ˆ250/m²)) ? 81% growth.

Tax advantages:
Purchasing through Bulgarian companies allows for VAT avoidance and tax optimization.

Project prospects:
• Wage growth: +16.8% for Q1 2024 - increased purchasing power.
• Favorable mortgage conditions:
• 2.3% for Bulgarians;
• 7.5% for foreigners.
• Supply shortage - especially in new construction;
• The transition to the euro, the new port, the city's sporting image and government support will increase interest;
• Expected price increase in Byala from 293 BGN (ˆ150/m²) to 488.96 BGN (ˆ250/m²) in the next 3 years (as in Varna);
• The largest private land mass in the region – 79,341 m² – allows for control over the market;
• Positive forecasts from experts for price growth.

It is possible to purchase both the entire project and individual parts. If you are interested, we will prepare a specific offer. Contact us!

Viewings
We are ready to organize a viewing of this property at a time convenient for you. Please contact the responsible estate agent and inform them when you would like to have viewings arranged. We can also help you with flight tickets and hotel booking, as well as with travel insurance.

Property reservation
You can reserve this property with a non-refundable deposit of 2,000 euros, payable by credit card or by bank transfer to our company bank account. After receiving the deposit the property will be marked as reserved, no further viewings will be carried out with other potential buyers, and we will start the preparation of the necessary documents for completion of the deal. Please contact the responsible estate agent for more information about the purchase procedure and the payment methods.

After-sale services
We are a responsible company with many years of experience in the real estate business. Thus, we will be with you not only during the purchase process, but also after the deal is completed, providing you with a wide range of additional services tailored to your requirements and needs, so that you can fully enjoy your property in Bulgaria. The after-sale services we offer include property insurance, construction and repair works, furniture, accounting and legal assistance, renewal of contracts for electricity, water, telephone and many more.