Beachfront investment property in Tuzlata area, Balchik

Attractive investment property in Tuzlata area, Balchik

Imoti Premier presents to your attention an exceptionally interesting investment property, located in Tuzlata area, town of Balchik, approximately 100 meters from the seashore, in close proximity to the Specialized Hospital for Rehabilitation „Tuzlata“ and the famous lake with therapeutic mud. The location combines sea, natural surroundings and excellent potential for the development of a tourist, residential or balneological project.

The property is located directly below the golf complexes Lighthouse Golf & Spa Resort and BlackSeaRama Golf & Villas, about 500 meters from the „White Lagoon“ complex. There is an eco-park nearby, and the area is characterized by greenery, rocky terrain and sea panorama. Access is via a paved coastal road.

According to the official plot plan and design brief, the property has an area of 1,420 sq.m, on which are located three existing massive single-story buildings:

a building with a built-up area of 93 sq.m,

a building with a built-up area of 84 sq.m,

a building with a built-up area of 47 sq.m.

The total existing built-up area is 224 sq.m.

The property has an approved Detailed Development Plan, and the provided documentation specifies the following zoning parameters:

Building density: 30%

FAR (Floor Area Ratio): 1.5

Green space: 70%

There is also an issued design brief, related to the preparation of design documentation for internal reconstruction, repair and modernization of the existing resort development. Electricity, water and sewage are available at the property boundaries.

The property can be considered for several directions of future development, including residential or holiday development with 3–4 buildings or the creation of a medical-diagnostic, rehabilitation and balneological center, with an approximate total gross floor area of up to 450 sq.m, in compliance with the applicable zoning parameters and following the relevant design and administrative procedures.

A particular advantage is the immediate proximity to the „Tuzlata“ therapeutic mud deposit, which is traditionally used for the rehabilitation and treatment of diseases of the musculoskeletal system, the peripheral and central nervous system, skin and metabolic diseases.

The property is a rare offer for the area due to the combination of beachfront location, existing massive buildings, Detailed Development Plan, design brief, infrastructure and immediate proximity to the sea, therapeutic mud and golf complexes. It is suitable both for a private investment project and for the development of a boutique holiday, tourist or balneological complex.

Listing code: 397146