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MTS INVESTMENTS has an excellent opportunity for astute investors.
The plot consists of 600 sq.m. It is in regulated landed property N ХV-3312 according to the plan of Varna and found west of the Military Hospital in Izgrev Complex. See on Google Earth. The plot is in a very good location in Varna with excellent road access and only a few minutes away from two universities. Property (residential & commercial) in this area is sought after by the local population.
A development some twelve hundred meters from our location, and in the same district as our location, is selling residential units, off - plan, for between € 1,700.00 - € 2,100.00 per square metre. The ground floor of this development consists of commercial space but they have not released it for sale.
Varna is experiencing strong Capital growth in property at the moment (similar to the property boom in the UK in recent years) and this is expected to increase as the economy continues to grow. The "Buy to Let" market is also very strong in Varna - a City with a stature in Bulgaria similar to that of Manchester in the UK.
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