Kavarna Beach and Golf 
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"Kavarna is still a best kept secret on the Bulgarian Black Sea Coast. Discover the marina and three golf courses from these beachfront locations."
Property investment on the beachfront at KavarnaKavarna 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. The construction of the Gary Player's Thracian Cliffs Beachfront Golf and Ian Woosnam designed Black Sea Rama golf courses is completed.
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 8m foreign nationals have visited Bulgaria in 2009 (excluding transit travelers) and the projections are for a 3% increase in 2010.
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 driven by the following key factors: • booming tourist industry
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
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. Beachfront resortsTaken 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...
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