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Kranevo Print E-mail
Thursday, 08 November 2007
 The region of the Northern Black Seaside, where the village of Kranevo is located, is characteristic for the strong interest expressed on the part of foreign investors from Great Britain, Russia, Germany, Norway and Sweden. The world-known seaside resorts of Golden Sands, Albena, and St. Konstantine and Elena are located respectively at a distance of 7 km., 1.5 km. and 15 km, and the town of Varna is 25 km. away. Varna International Airport provides for fast transport the year round. The region can boast with the largest at the Balkan peninsular golf course, and airport for private aircraft. The described above circumstances are a prerequisite for the constant increase in the real estate prices and particularly of properties situated at the seaside. The most attractive are the ones at the very beach as is the case with the properties in the village of Kranevo. Holiday apartments are among the most sought after because they are relatively cheap, and can be easily maintained and managed, which provides for the opportunity to have them re-sold faster and easier in comparison to the big and expensive properties and properties located away from the seaside. The chance to invest and later resell at a higher price at the markets of Great Britain (usually at a price by 50 to 100 per cent higher) is perfectly real. Such coefficient of profitability cannot be provided to you by any financial institution or any other real estate market right now. The prognoses given by reputable companies in the branch are of a continuous raise in the real estate prices without extreme price jumps.