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Sozopolis real estate ranges from 800 000 to 1.4M euro

Mon, Sep 28 2009 17:07 CET 3393 Views 8 Comments
Sozopolis real estate ranges from 800 000 to 1.4M euro

Sozopolis
Photo: provided

Property in the elite Sozopolis complex, comprising about 20 single family homes and 166 other units, sells for about 3000 euro a sq m, Dnevnik daily reported on September 28 2009, citing several brokers' reports.

Depending on the house size, the price of family homes varies from 800 000 euro to 1.4 million euro. According to brokers, potential buyers are predominantly foreigners, mainly from Russia, Lithuania, Denmark and Norway.

Other luxury homes in the complex - planned unit developments - are also on offer, albeit slightly cheaper, ranging from 2200 to 2400 euro a sq m, whereas luxury apartments are priced between 1600 and 1700 euro.

The first phase of the Sozopolis complex construction was completed at the end of the summer and Immofinanz, the main investor in the scheme, has said that by September 2010 the village will be complete and ready for residents to move in.

The Sozopoliz village is two km south of the seaside town of Sozopol, perched on top of the Kolokita peninsula, spanning a total area of nine ha with 186 properties under construction.

The main architect of Sozopolis is Hristo Lazarov from A3 Design Bureau. Aside from the luxury homes, the village will be furnished with shops, restaurants and a luxury hotel with SPA centre as well as offices and entertainment facilities.

Source: propertywisebulgaria.

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Comments

Anonymous Claus Thu, Jan 07 2010 00:45 CET

It might also be easyer to find, if the road it's situated upon, had a name - it did not in the spring of 2009...

Anonymous Claus Thu, Jan 07 2010 00:43 CET

I have been to the site in spring of 2009.
The houses build is build like you do all over Bulgaria: Build the foundation, build pillars, build top floor, build pillars, build roof (usualy also in concrete, fill in the walls, throw some roof up on some wooden constroction placed on top of the concrete roof, and then bolted into the roof.
It might be new, it might look good, BUT it's NOT worth even 1000€/sqr m.
They WILL end up with a LOT of empty houses at this price.
It's a [...]

Read the full comment nice area however.. ;-)

Anonymous robert in france Fri, Oct 09 2009 00:52 CET

i honestly cannot believe this is a true story i hope it is a bad joke, hristo lazarov obviously has a big problem or he is being paid silly money to bluff sozopols greedy administration, its clear lazarov would not understand words like esthetique or respect for the environment

Anonymous Joseph Mon, Oct 05 2009 21:53 CET

wow, I guess some people really are that stupid.

Anonymous roger Sat, Oct 03 2009 16:07 CET

let's say you stay 4 months a year in your home , because the rest of the year its a dead place.
Than you wil pay 48.000,- euro for 4 months holiday in your house.

Anonymous roger Sat, Oct 03 2009 15:50 CET

800.000,- euro is that a joke

Anonymous Mikael Fri, Oct 02 2009 02:15 CET

Thats so funny.

Over 50 properties, many with families with many children having to share the 2 pools and a children's pool. Everyone should live like in a sardine tin.
No rich from any other country, other from Bulgaria will buy these houses. 800 000 eruo what a jokes!

You built as close together in Sunny Beach. Now look how it looks. Nobody wants to buy and everything is empty.

Anonymous IF Thu, Oct 01 2009 23:46 CET

I was curious. See also
http://www.bulgarianproperties.com/Apartments_in_Bulgaria/AD15310BG_Apartments_for_sale_in_Sozopol.html

A (formerly) pretty peninsula. Looks a bit like California. The uniformity of the houses certainly reminds me a lot of developer constructed houses here (but in the cheap parts of town). Prices higher than ocean front in many smaller towns in CA. But crowded like chicken in a stall (20 acre for 200 units). Sigh. Somebody's wet dreams.


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