Dolna Banya - Development Land

Land has appreciated by 300%+ in just three years !!

Prime Regulated Plots Immediately Available Within The Perimeter Of The Golf Course

Dolna Banya (also Dolna Bania) is a village located within the province of Sofia, 75km from Sofia and Plovdiv, Dolna Banya is located at the foothills of the North Eastern slopes of the Rila Mountain, 18km and 30km respectively from the ski resort of Borovets and connecting town Samokov, the locations of yet more impressive plans for the region (Super Borovets).

Dolna Banya is perfectly set up for all year round tourism and is complimented by the easy access to airports at Sofia and Plovdiv, Bulgaria's two largest cities. EasyJet now fly to Sofia from London Gatwick !

Dolna Banya during communist rule was known as a spa town resort, famous for its hot mineral waters, with temperatures of 56.3C. Dolna Banya has good transport links and is easily accessible by car. There is a daily bus service that runs from Sofia via other villages in the area. However, buses run more frequently from Sofia to Kostenets, 8km from Dolna Banya. From Kostenets transportation is available every 30 minutes to Dolna Banya. Trains also run about every hour between Sofia and Kostenets.

The strategic location is just one of the key reasons for the decision by the government to sanction the construction of the PGA Nicklaus designed golf course, the first in Eastern Europe. The golf is currently under construction and has been awarded a first class investment certificate by the government; more recently a second golf course was announced and has also been awarded the prestigious investment certificate.

So what about the investment climate ?

The last three years has seen investors acquiring unregulated land; the next 15 months will see off plan build projects rising from these plots now that regulation has been granted. Land started as low as 3.5 Euros per m2 and is now averaging 18 Euros per m2 for un-regulated plots. Early buyers who regulated land now hold plots worth 25-30 Euros per m2. This area will become a golf, ski and spa playground.

We firmly believe that Dolna Banya is one of the finest investment areas in Bulgaria; it is a place still very few people seem to know anything about or maybe even care to research, a unique investment opportunity investors often disregard because of the seeming lack of building works within the area (apart from the golf course villas being constructed by IBAR), the lack of confidence has resulted in hesitancy and missed opportunities that will prove costly to those that walked away....

The excellent price appreciation of land in this area since 2005 has only solidified the judgement of early investors to dip their toes into this market and on paper it seems they have made a very sensible and shrewd move. It is important to remember that the tourist market has not yet developed around the golf course, but the potential for tapping into tourist markets is phenominal; therefore opportunities still exist and will do for some time yet. Land along the Black Sea coast and in Bankso ski resort are exceeding 150 Euros per m2; now consider that there are already two confirmed golf courses being constructed at Dolna Banya, one of which will be to PGA standards, do you think is feasible to think prime plots in Dolna Banya and even the surrounding villages at Kostenets, Kostenets village and Gorna Vasalitsa will also reach similar prices ? If you cannot see they will reach the same prices; What if they reached half the rate (75 Euros), it means either way there is surely stunning potential for capital growth and speculative returns on your investment.

Land Appreciation History

2004 - Un-regulated plots selling from 3.5 Euros per m2

2005 - Un-regulated plots selling between 4.5 Euros to 7.5 Euros per m2

2006 - Un-regulated plots selling from 8 Euros per m2 (an incredible 128.5% increase on 2005)

2007 - Un-regulated plots selling at an average of 16 Euros per m2 (an incredibale 357% gain on 2005)

The majority of investors purchasing un-regulated land have regulated plots at a cost of 2.0 Euros per m2 further increasing the value and appeal of the plot to property developers.

Now consider the value of the land now it is regulated; 3.5 to 25 Euros (market valuation) (an increase of 614%)

Dolna Banya really is an investment area worth investigating further and Homefinders Bulgaria have been sourcing only the very best plots in the region and villages; so if you would like to speak to a member of our sales team about prime resale plots or availability of plots directly from Bulgarian vendors, then please do not hesitate to contact us and we will be happy to answer any questions you have about past case studies and of course the present investment options.

Telephone 01702 426680 NOW !! - For Availabilities & Skitca Plans

Plot No
Reference
Plot Size
€ per m2
€ Purchase
1
MY00
2500
30
75,000
2
HY02
2002
25
50,050
3
NB02
2602
25
65,050
4
DW04
1404
22
30,888
5
DW99
1399
22
30,778
6
RBDB
5906
25
€147,650

These are all excellent regulated plots

Plot 6 (RDDB) has the largest co-effecient of 40%

Plot 6 is just outside the course, opposite the entrance