Plots are expensive if they situate in the vicinity of motorways
24 chasa Daily,
1st March 2007

 

The fast rate of increasing of the foreign investments in the last years will be a fact in the year 2007 as well. Some of the main reasons for that surely is the accession of Bulgaria to the European Union, as well as our country’s opening towards new entrepreneurs.

Those of them that are aimed at the construction of industrial rooms or logistics centres are mostly in search of lots, which are situated in the vicinity of big infrastructure sites, such as airports and first class roads.

Usually, in case that a room (either a warehouse or a production hall) is situated in the vicinity of good infrastructure, the transport expenses are considerably lower. Having in mind the comparatively cheap labour in our country, that plan turns out to be extremely profitable to the foreign entrepreneurs, say analysers.

The market of lots that are situated in the vicinity of big infrastructure site is still best developed in the capital. But gradually other big cities turn out to be attractive in this respect as well.

In Sarafovo, near the
airport of Burgas for instance, approximately 100 lots are being offered. However, only 30 of them are in close vicinity of the airport. The price of one square meter varies from 6 to 25 Euros. An estate with area of 7000 square meters is being sold against the price of 12 Euros per square meter. The lot is appropriate for the construction of warehouses and industrial rooms.

Nearly all plots are being offered in the vicinity of
Varna Airport. They are situated near the quarters Asparuhovo and Vladislavovo. One square meter costs nearly 30 Euros. The plots that are in the vicinity of “Hemus” motorway are being offered for 43 Euros per sq m.

There are two regions with big infrastructure sites in
Plovdiv – the airport in Krumovo and “Trakia” highway. Nearly 30 plots are being offered in the vicinity of the airport. The average price per square meter is 9 Euros. The estates have areas of 1,000 – 4,000 sq m. Agricultural land of nearly 5,000 sq m, near the asphalt base behind the airport, is being sold against 7 Euros per sq m. Another 2,000 sq m plot, which is situated in the vicinity of the Plovdiv airport, is being offered against 4 Euros per sq m. The estate is in close vicinity of the Asenovsko Shose, near a gas station. The biggest plot is a 10,000 sq m one. Its price amounts to 70 000 Euros. Fifty lots are being sold in the Plovdiv part of “Trakia” motorway. The prices vary from 8 to 30 Euros per square meter, depending on their remoteness from the high speed road. In case the lot is in close vicinity, its price is nearly 30 Euros per square meter. In case it is under regulation, the price could reach 40-50 Euros per sq m, but such deals are concluded quite rarely. The estates on second and third line could be purchased against 8-15 Euros per square meter. The investors are free to choose lots from 6,000 to 10,000 sq m large.

There could hardly be offered any plots in the vicinity of the airport in
Ruse, which is situated in the region of the village of Shtraklevo, since the airport does not work at present. The price of the few plots, which are being sold, amounts to 5 Euros per square meter. They are nearly 1,000 sq m large.

The land market near the port is much more developed. Nearly 70 plots are being sold there, and their price amounts to 45 Euros per sq m. The estates are from 7,000 to 30,000 sq m large. A 13,000 sq m large plot under regulation could be bought against 25 Euros per sq m. Land of 33,000 sq m situated behind Danube bridge, is offered for 30 Euros per sq m. Plots against 35 Euros per sq m are offered in the duty free zone as well.

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