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Boasting golden beaches and quaint countryside, Bulgaria is expected to attract more than five million visitors in 2007, an increase of over 8% compared to 2006, according to the Institute for Analysis and Tourism Evaluation. UK-based award-winning agent and developer of Bulgarian real estate, Bulgarian Dreams, highlights that beyond the popular resorts and locations are hidden gems and untapped beauty waiting to be discovered in Balchik and the surrounding area.
The majority of visitors to Bulgaria in the summer months will travel to the coastal resorts in well-known areas such as Sunny Beach, but the more discerning visitor will find the Balchik area a more exclusive lifestyle destination. Located 36 kilometres northeast of Varna International Airport, Balchik offers a peaceful alternative to Bulgaria’s livelier coastal area and boasts an outstanding and dramatic coastline, with chalk cliffs and crystal azure seas and average summer temperatures of 28°C, with sun from May to September.
A small but very romantic Bulgarian seaside town, Balchik has a thriving arts and culture scene and an abundant collection of architecture, including the Palace “Quiet Nest” - a modest three terrace building with elements of the Moor style, Mediterranean architecture and typical Bulgarian build. The town, with a history of over 2,600 years, hosts a famous exotic botanical garden, the biggest and most diverse in the Balkans that features flowers and trees from the Mediterranean, the Pacific, South Asia, and America.
The Balchik coastline reaches up to 30 kilometres in length and is rich in mineral springs and underground waters with an array of coves and hidden beaches providing an ideal backdrop from which to sail along the Black Sea. Sailing is a growing attraction in the area and there are a number of new ports and marinas being constructed including those near Waterside Quay and Windows to Paradise, two exclusive developments marketed by Bulgarian Dreams. There are also three 18-hole international golf courses under construction nearby, including one designed by Ian Woosnam and two designed by Gary Player.
Robert Jenkin, Director of Bulgarian Dreams comments: “The Black Sea Coast has seen massive increases from British visitors over the past 12 months and we are witnessing increasing numbers of people taking advantage of the maturing market with high yield rental opportunities and excellent mid to long term capital growth. The world-class golf and top notch sailing, unique to the Balchik area, will see positive impacts on both property prices and rental yields. The anticipated arrival of budget airlines such as Ryanair, easyJet and Air Berlin, will further increase the accessibility and popularity of the town as an ideal getaway.”
Other attractions in the area include the nature reserve of Kamchiya, the hillside monastery of Aladzha and the nearby Stone Forest, a collection of fifty million year old stalagmites forming 7 metre stone columns. North of Balchik is the beautiful Euxinograd Palace, resembling a French chateau with stunning formal gardens, and Bulgaria’s largest mussel farm, located in Kavarna, where 2,000-3,000 tonnes of organic mussels are plucked before heading to seafood restaurants in Bulgaria and around the world.
Just minutes from the centre of Balchik, Waterside Quay offers secluded and rare, front-line marina property set on the famous White Lagoon in Balchik, with 60 luxury apartments having uninterrupted sea views. Facilities at the development include a fabulous rooftop swimming pool, gym, and waterside restaurant and bar. Residents can take a water taxi from the private marina to nearby Balchik for a stroll along the promenade and a delicious meal of the day’s catch at a local fish restaurant.
Windows to Paradise, just 10 minutes north, is located on a stepped site directly overlooking the sea and sits adjacent to one of the Gary Player courses. The facilities at the scheme include several outdoor swimming pools, full spa centre with indoor pool, steam bath, sauna, Jacuzzi and children’s pool. Set within landscaped botanical gardens, the scheme also features a restaurant and fully licensed bar, shops, a supermarket and wine cellar.
Prices are from €92,750 (£63,965) for a one bedroom, one bathroom apartment and €128,350 (£88,517) for a two bedroom, two bathroom apartment. Prices at Windows To Paradise start from €38,546.63 (£26,583.88) for a studio apartment, €57,902.13 (£39,932.50) for a one bedroom apartment and €81,769.50 (£56,392.76) for a two bedroom apartment. For further sales information contact Bulgarian Dreams on 020 7614 1240 or visit www.bulgariandreams.com
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