"Kavarna is still a best kept secret on the Bulgarian Black Sea Coast. Discover the marina and three golf courses from these beachfront locations."

Kavarna Beach & Gardens Apartments   Full service resort by a leading EU firm First quality materials Bank guaranteed completion 1 minute walk to the beach Fully furnished ready to rent Completion 2009

Beachfront location, sea views, luxurious apartments, rental potential and quality.
Kavarna port is the new hot spot on the Bulgarian Black Sea coast; it can offer you the exclusivity you’ve always wanted. With the development of this incredible marina, close to 3 planned golf courses, all the right ingredients are in to make it a successful investment.

Kavarna Black Sea Lodge Absolutely breathtaking sea views for ever Prices start from only £31,000 All apartments finished with high-end materials 300m to beach Amazing investment in a truly different setting Completion end of 2008

The Kavarna marina outstanding panoramic location and bargain property. One of the best value for the money on the Bulgaria's beachfront for sale today. Small and guest-friendly complex featuring 29  apartments. Completion is expected in mid 2008. Call us to reserve your sea view today.

Property investment on the beachfront at Kavarna

Kavarna is a small and vibrant city of 16000 residents that will fascinate you with its ancient history dating from the Thracian times and many extraordinary places, remains of Roman villas, medieval buildings and churches, and two natural reserves. Nearby protected zones include Bolata and the virgin cliffs of Yalata – kingdom of peonies. The Kaliakra Natural Reserve is unique for its sea life and rare plants.

Famous fish restaurants are attracting foodies from Varna, Dobrich and Romania.

A city in full expansion, Kavarna is a magnet for a growing expat community many living there year round.  The marina renovation project represents a €2.5m investment by the municipality out of a €7.5m budget to be put to work over the next 3 years. As soon as the Gary Player's Thracian Cliffs Beachfront Golf and Ian Woosnam designed Black Sea Rama golf courses are completed the property prices in Kavarna are expected to double.

The growth of tourism and stabilisation of Bulgaria’s economy have made it anttractive destination for property investors. Vacation communities have shown substantial growth in property prices of between 18% and 21% as burgeoning demand from domestic and foreign investors outstrips supply.

Over 4.5m foreign tourists have visited Bulgaria for the period Jan-Sept. 2007 (excluding transit travelers), +7.4% more than the same period of 2006. Over 30% more were the visitors from EU countires. The top five nationalities are Romanians, Germans, Greeks, British, Russians. 

Properties in some Black Sea coastal resorts like Sunny Beach and Golden Sands have risen in value by more than 35%. While prices may not hit the dizzy heights of southern Spain due to the shorter length of the tourist season, there is still room for significant growth.

The Bulgarian coastal line is 380km long, only a small part of which is sandy beaches. All the beachfront land has now been bought by developers and speculators, and the land is now traded at huge premiums.

Despite this, the price of property for sale on the Bulgarian coast is around a third of that in Spain, while the cost of living is also significantly lower. This represents a great investment opportunity for those interested in property.

Prices in Bulgaria are already rising fast driven by the following key factors:
• stable economy with currency pegged to the Euro
• significantly cheaper prices than Spain and other Western resort destinations
• low cost of living

• booming tourist industry
• arrival of the low-cost airlines 

With prices of real estate cheap compared to the traditional Western European destinations, there is clearly good potential for further growth in these resorts as the infrastructure improves. It is important for investors to get in quickly in order to make the most of these trends. The inclusion of Bulgaria in the Euro zone in 2010-11 will drive property prices further up as this was the case in all Western European economies.

Distances to Kavarna

• From the first Golf course - 5 km
• From the second Golf course - 10 km
• From Balchik - 17,5 km
• From Albena - 30 km
• From Golden Sands - 40 km
• From the Romanian border 44km
  
• From Varna - 55 km
• From Varna International Airport - 60 km 

Golf Property Investment News

SOFIA, 07. 02. 2008. The Bulgarian government is planning to set up a golf construction and operating company, wrote investor.bg. The start up capital will be a little bit over BGN9m with 100% state ownership. This sum represents the estimated value of 12 plots of land situated near Balchik on the Northern Black Sea coast. Additional BGN50 000 will be invested by the Ministry of the Regional Development.

The Bulgarian government will be seeking actively to promote Bulgaria as a new promising golf destination. The new company will design, build and operate golf courses and the belonging equipment and residences. The main objective is to extend the tourist season both on the coast and in the mountain resorts.

Beachfront resorts

Taken as a whole, summer resorts enjoyed a rise in sales, compared to 2006 when the market experienced stagnation, according to Bulgarian Properties CEO Mihail Chobanov. This summer marked a five to 15 per cent hike in the prices of real estate at Black Sea resorts, despite wide-spread rumours of massive developer withdrawal. More...

Read more about Balchik and Kavarna in our Useful Reading section.