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Golf Course Construction Swings Into Action On The Bulgarian
By Ian Hunt, Fri Dec 9th
There has been much interest in the high plateau areaoverlooking the northern coast at Topola just north of Balchikin Bulgaria. Investors who have bought land in this locationhave enjoyed substantial gains in the value of their Bulgarianproperty investment, but will this continue?
For the most part of 2005 there was little activity on the golfcourse construction site. This lead to speculation that the golfcourse may not actually be built. However, in recent weeks therehas been a flurry of building activity and visitors to thisattractive location on the Black Sea Coast can now visualizethat this really will be an exemplar property development inBulgaria.
The 18 hole golf course will also offer clubhouse facilities,restaurants, bar, swimming pools, tennis courts and volley ball.Luxury villas in this fabulous development will be available andtop prices will be up to £300 000.
Ian Hunt at Best Bulgarian Estates Ltd, a UK based Bulgarianproperty agency, said,
'The development of the golf course at Balchik is great news forpeople who have invested in land and property adjacent the golfcourse. The ongoing construction will now prompt more landowners and developers to build properties at Topola. But it isstill good news for people considering investing in Bulgaria.Building plots at Topola can still be purchased for around £15000.
It is possible to build a good standard Bulgarian villa foraround £30 000. In light of the golf course construction manypeople, now looking for potential investment opportunities willbe attracted to the area. We think the price of land in thisarea will rise significantly over the next few months. This iscurrently an excellent investment opportunity'
View golf courseplots and other Bulgarian property
Ian Hunt BestBulgarian Estates Ltd
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About the author:Director Best Bulgarian Estates Ltd, Bulgarian real estate anddevelopment
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